Global Diatomite Market Size study & Forecast, by Type (Natural, Calcined, Flux Calcined), by Application (Filtration, Cement Additive, Filler, Absorbent, Others) and Regional Analysis, 2023-2030
Global Diatomite Market is valued at approximately USD 1.54 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2023-2030. Diatomites are also known as diatomaceous earth. Diatomites are naturally occurring, soft, siliceous sedimentary rocks with tiny particle sizes. Diatomite is used in various commercial applications such as filtration, absorbents, and pharmaceutical and high silica content. The increasing demand for diatomite in the filtration and pharmaceutical industry is the key factor responsible for the market growth over the forecast period.
The primary key factor anticipated to accelerate the growth of the Diatomites Market is the increasing demand in the filtration and pharmaceutical industry. Diatomite is used as a source of silica, for treating high cholesterol levels and treating constipation. According to Statista, in 2021, The global pharmaceutical market revenue was estimated at USD 1.42 trillion and worldwide is projected to grow to USD 1.48 trillion in 2022. Also, the increasing demand for water treatment chemicals is creating a lucrative growth prospectus for the market over the forecast period. Moreover, the rapid advancement in technology and Increasing demand in the End-user industry are anticipated to create a positive outlook for the market. However, higher operating costs for diatomite mining companies stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Diatomite Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in terms of the largest share due to the increased use of diatomite in crop protection chemicals and rising demand for water filters and advanced technologies in the region which will boost the market growth in the region. Asia-Pacific is expected to grow with the highest CAGR during the forecast period, owing to increasing demand for pesticides, filters, and other industrial applications.
Major market player included in this report are:Imerys Filtration Mineral Inc
U.S Silica Holdings Inc
Calgon Carbon Corporation,
Showa Chemical Industry Co., Ltd
Dicalite Management Group, Inc.
Jilin Yuan Tong Mineral Co., Ltd.
Qingdao Best diatomite co.ltd.
Shenzhou Xinglong Products of Diatomite Co.Ltd
Caltron clays & chemicals pvt. Ltd
Nova Industries Ltd
Recent Developments in the Market:In May 2021, Imerys leading company application of diatomite in the production of a wide variety of products collaborates with ATPGroup to develop diatomite filtration products for beverage producers such as brewers.
Global Diatomite Market Report Scope:Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Type:
Natural
Calcined
Flux Calcined
By Application:
Filtration
Cement Additive
Filler
Absorbent
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedImerys Filtration Mineral Inc
U.S Silica Holdings Inc
Calgon Carbon Corporation,
Showa Chemical Industry Co., Ltd
Dicalite Management Group, Inc.
Jilin Yuan Tong Mineral Co., Ltd.
Qingdao Best diatomite co.ltd.
Shenzhou Xinglong Products of Diatomite Co.Ltd
Caltron clays & chemicals pvt. Ltd
Nova Industries Ltd
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