Asia Pacific Attapulgite Market Outlook

the asia pacific attapulgite (apa) market is estimated to witness a healthy growth rate over the forecast period 2018-2032. attapulgite, also known as fuller’s earth, is a super absorbent clay material consisting of holes which absorb both oil and water. this material is used in various applications such as oil absorption, pet litter, water absorption, and soil conditioners. the asia pacific region is expected to witness a considerable growth in the attapulgite market due to growing demand for attapulgite from countries like india, japan, and china among others. india is one of the major markets that is expected to drive the demand for attapulgite, on account of its large population and increasing disposable income levels. aerospace and construction sector are other major drivers of demand from the apa region. the development of the infrastructure such as roads, airports, etc and rising disposable income of the end users are the key factors responsible for the growth of the asia pacific attapulgite market. the increased preference for attapulgite in pet litter and water absorption sectors in the region is also likely to make the asia pacific attapulgite market more attractive in the forecast period. however, the market is likely to face a few challenges such as high cost of attapulgite, environmental hazard, and lack of awareness among consumers in the apa region. in addition, lack of technical expertise and presence of low quality substitutes can also restrict the growth of the asia pacific attapulgite market. the asia pacific attapulgite market is expected to be characterized by the presence of a few major players. the leading players in the market are expected to focus on introducing innovative products to gain competitive edge and meet the increasing demands from the region for attapulgite. the opportunities in the region are expected to be enhanced with increased spending on infrastructure development, rising disposable income, and presence of untapped end-user sectors.