The Bentonite market in Argentina has experienced a general decline in market size from 2013 to 2024, with some fluctuations. In 2023, the market size value stood at 48.347 million US Dollars. Over the last two years, the year-on-year variations are -1.84% in both 2022 and 2023. The compounded annual growth rate (CAGR) over the past five years is -1.84%. The forecasted data suggests a continued decline with a projected CAGR of -1.63% and an overall forecasted growth rate of -7.89% by 2028.
Future trends to watch for in the Bentonite market in Argentina include potential shifts in industrial applications, environmental regulation changes, and advancements in alternative materials. Additionally, monitoring global Bentonite market trends could provide insights into local market dynamics.