The global kaolin market size
is projected to reach USD 9.83 billion by 2025, according to a new report by
Grand View Research, Inc. It is expected to expand at a CAGR of 8.8% over the
forecast period. Growth of ceramics and paints industries, owing to rapid
infrastructural development, is anticipated to drive the market. Rising
government spending in emerging economies such as India and China, has resulted
in expansion of construction industry. This is expected to contribute toward an
increased demand for kaolin.
Kaolin is extracted from
open-pit mines. Ore processing consists of enhancing certain properties through
chemical and thermal treatment, removing impurities, and engineering particle
size and shape. Prices of kaolin are expected to have a significant impact on
application industries. Key manufacturers are mining kaolin for use in rubber,
plastics, and paper industries. Growth of rubber and paints and coatings
industries is expected to further propel demand for kaolin over the forecast
years.
Several regulations such
as European Union (EU’s) Regulation 1169/2011, U.S. Food and Drug
Administration (FDA’s) Food Labeling Guide, and India’s Food Safety &
Standards (Packaging and Labeling) make it mandatory to print food-related
information on packaging. These regulations have promoted market expansion of
paper-packaging materials. From marketing and branding perspective, it is very
important for companies to print their logos and trademarks on packaging
materials. This is expected to positively impact demand for kaolin in paper
applications.
Increasing number of
ceramic manufacturing companies in China has contributed to kaolin market
growth over the past few years. This trend is expected to continue over the
forecast period. The Middle East is expected to be a potential market, owing to
on-going and upcoming construction projects, which, in turn, is expected to
augment product demand in near future. Economic slowdown in Europe has had a
negative impact on regional manufacturing and construction industries. This may
hamper product growth in the region over the forecast period.
Access Research Report of Kaolin Market@:
Further key findings from the report suggest:
· In terms of revenue, the ceramics
application segment is anticipated to reach USD 3.82 billion by 2025
· The paper application segment is
anticipated to continue dominating the market in terms of revenue in the
forthcoming years. Ability of kaolin coating to add gloss, smoothness,
brightness, opacity, and printability to paper is expected to bode well for the
market
· The U.S. kaolin market is anticipated to
exceed USD 1.22 billion by 2025 owing to presence of various kaolin mines in
the country
· The market for kaolin is competitive with
presence of a number of multinational companies with wide product portfolios
· Some of the key companies present in the
market are LB Minerals s.r.o., BASF SE, Kaolin AD, AKW Ukrainian Kaolin
Company, Sibelco N.V., KaMin LLC, and Thiele Kaolin Company
· Market players are increasing prices of
kaolin due to continued rise in labor, fuel, energy, and freight/logistics
costs.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/advanced-materials
Grand View Research has
segmented the global kaolin market on the basis of application and region:
Kaolin Application Outlook (Volume, Kilotons; Revenue,
USD Million, 2014 - 2025)
·
Paper
·
Ceramics
·
Paint
·
Fiber Glass
·
Rubber
·
Metakaolin
·
Others
Kaolin Regional Outlook (Volume, Kilotons; Revenue, USD
Million, 2014 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
U.K.
o
Russia
o
Turkey
·
Asia Pacific
o
China
o
India
o
Japan
·
Central & South America
o
Brazil
·
Middle East & Africa
o
UAE
Access Press Release of
Kaolin Market @: www.grandviewresearch.com/press-release/global-kaolin-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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