Global Kaolin Market Size study & Forecast, by Process (Water-washed, Airfloat, Calcined, Delaminated, Surface-modified & Unprocessed), by End-use Industry (Ceramics & Sanitarywares, Fiberglass, Paints & Coatings, Rubber, Adhesives & Sealants, Plastics, Others) and Regional Analysis, 2023-2030
Global Kaolin Market is valued at approximately USD 4.6 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.8% during the forecast period 2023-2030. Kaolin is a type of clay mineral, specifically a soft white clay known as kaolinite. Kaolin has various industrial applications due to its unique properties. The key factors driving the market growth are increasing demand in the paper industry, rising construction activities, expanding ceramics & pottery industries, and increasing use in plastics and rubber industries that are anticipated to support the market growth during the forecast period 2023-2030.
Additionally, the paper industry is a major consumer of kaolin due to its use as a filler and coating material. As demand for high-quality paper products grows, so does the demand for kaolin. According to Statista, in 2020, the production volume of paper and paperboard worldwide was 400.4 million metric tons and in 2021 the production volume reached 417.3 million metric tons. As a result, the rising paper production is anticipated to support market growth. Moreover, ongoing research and development in the field of kaolin processing and applications, and an increase in demand for pharmaceutical products are anticipated to create lucrative opportunities for the market over the projected year. However, the availability of substitutes in the paper industry stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Kaolin Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing construction sector, increasing demand from paper, ceramics, paints & coatings, and fiberglass industries, and the presence of key market players. Whereas, the Asia Pacific is expected to grow with the highest CAGR over the forecast period, owing to factors such as the rise in consumption of packaged food items, growing demand for coated and uncoated papers in packaging applications, and growing plastics & rubber industries.
Major market player included in this report are:Imerys S.A. (France)
Ashapura Group (India)
EICL Limited (India)
SCR-Sibelco N.V. (Belgium)
KaMin LLC (US)
Thiele Kaolin Company (US)
LASSELSBERGER Group (Hungary)
Quarzwerke GmbH (Germany)
Sedlecký kaolin A.S. (Czech Republic)
I-Minerals lnc (Canada)
Recent Developments in the Market: In September 2022, KaMin LLC successfully finalized the acquisition of BASF SE’s Kaolin business, which comprised around 440 employees across North America, Europe, and Asia. This strategic move is poised to bring about substantial growth in business scale, technical expertise, and talent, ultimately providing increased value to a global network of customers, distributors, and brand owners.
Global Kaolin 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 – Process, End-use Industry, 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 Process:
Water-washed
Airfloat
Calcined
Delaminated
Surface-modified & Unprocessed
By End-use Industry:
Ceramics & Sanitarywares
Fiberglass
Paints & Coatings
Rubber
Adhesives & Sealants
Plastics
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 S.A. (France)
Ashapura Group (India)
EICL Limited (India)
SCR-Sibelco N.V. (Belgium)
KaMin LLC (US)
Thiele Kaolin Company (US)
LASSELSBERGER Group (Hungary)
Quarzwerke GmbH (Germany)
Sedlecký kaolin A.S. (Czech Republic)
I-Minerals lnc (Canada)
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.