Southeast Asia and Middle East and Africa Talc Market - Industry Trends and Forecast to 2030
South East Asia talc market is expected to reach USD 2,07,805.69 Thousand by 2030 from USD 1,39,148.10 Thousand in 2022, growing at a CAGR of 5.3% during the forecast period of 2023 to 2030.
The Middle East and Africa talc market is expected to reach USD 1,67,479.50 thousand by 2030 from USD 1,19,269.80 thousand in 2022, growing at a CAGR of 4.5% during the forecast period of 2023 to 2030.
Market Segmentation
South East Asia and Middle East and Africa Talc Market, By Deposit Type (Talc Carbonate, Talc Chlorite, and Others), End Use (Pulp & Paper, Plastic & Polymer Industry, Paints & Coatings , Ceramics, Rubber Industry, Cosmetics & Personal Care, Food Industry, Pharmaceuticals, Agriculture, Adhesives & Sealants and Others), Country (Singapore, Indonesia, Malaysia, Thailand, Rest of South East Asia, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Qatar, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of South East Asia and Middle East and Africa Talc Market Dynamics
Drivers
• Growing demand for talc in the ceramics and construction industries
• Increasing use of talc in the agriculture sector as a filler and carrier in pesticides and fertilizers
Restraints
• Regulatory restrictions and concerns over the safety of talc products
• Environmental concerns and pressure to find sustainable alternatives to talc
Opportunities
• Rising awareness for talc's properties and benefits in various industrial applications
• Diversification into high-value applications, such as pharmaceuticals and cosmetics
Market Players
Some of the major maket players operating in the South East Asia and Middle East and Africa talc market are:
• Imerys
• ELEMENTIS PLC.
• IMI Fabi SpA
• Minerals Technologies Inc.
• Nippon Talc Co.,Ltd.
• TRIVLAB
• Kaolin (Malaysia) Sdn Bhd.
• Sibelco