The world bentonite market is divided into iron & steel, oil & gas, automotive, construction, agriculture, pharmaceuticals, and others based on end use. Revenue from the pharmaceutical segment is anticipated to grow at the fastest CAGR over the course of the forecast period due to the rapidly expanding pharmaceutical and cosmetic industries, rising demand for various skincare and lifestyle products, and growing attention being paid to maintaining healthy skin. Due to its adsorption properties, bentonite is frequently used as a filler in the pharmaceutical industry to create protective creams, clay masks, wet compresses, anti-irritants, sunburn paint, babyface powders, and mud packs.
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