European Talc Market 2022-2028 Report

European Talc Market 2022-2028 Report

The Europe talc market is anticipated to grow at a substantial CAGR of 3.3% during the forecast period. Europe is one of the largest and wealthiest economies. The region has world-class manufacturing industries such as automobiles and construction. Europe has grown rapidly in terms of per capita income, living standards, and technology. Economic development in the region has also led to rapid urbanization. The market for talc in the region will be driven by automotive, construction, paints & coatings, ceramics, and pulp & paper.

This growth ensues from rising investments in the construction industry and infrastructural developments in other general industries. The key markets for talc in 2021 were the UK, France, Italy, Russia, Austria, and Norway. However, some of the potential markets over the next five years include countries such as the Netherlands, Denmark, Russia, and Portugal due to rapid infrastructural development.

The European talc market is segmented based on the deposits and end-user. Based on deposits, the market is sub-segmented into talc carbonates, talc chlorites, and others. Based on end-user, the market is segmented into ceramics, construction, cosmetics and personal care, paints and coatings, pharmaceuticals, plastics, pulp and paper, and others. In the construction industry, talc is used in the production of cement and in roofing materials. Since talc is hydrophobic, it is used in the production of cement to blend or disperse polymers › In roofing materials, talc is added to asphaltic materials to make roofing materials more weather resistant. Talc is also sprinkled on roll roofing and shingles to prevent sticking. The construction industry in Europe is expanding significantly, thus the segment is expected to record substantial growth over the forecast period.

Country-wise, the market is analyzed based on the UK, Germany, France, Italy, Spain, and Rest of Europe. The construction industry in the Netherlands grew by 2.25% in October 2021 and is expected to grow further over the next five years owing to high investments from the public and private sectors. Being a leader in eco-innovation and construction with sustainability, infrastructural developments in Denmark will be high during the forecast period. The favorable macroeconomic environment also favors investment opportunities in the country. Going forward, the growth of the construction industry can drive the scope for talc in the region.



Market Segmentation

1. Europe Talc Market Research and Analysis by Deposits

2. Europe Talc Market Research and Analysis by End-user

The Report Covers

Comprehensive research methodology of the Europe talc market.

This report also includes a detailed and extensive market overview with the key analyst insights.

An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

Analysis of regional regulations and other government policies impacting the Europe talc market.

Insights about market determinants which are stimulating the Europe talc market.

Detailed and extensive market segments with the regional distribution of forecasted revenues.

Extensive profiles and recent developments of market players.