San Francisco, 4 December 2018: 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@ www.grandviewresearch.com/industry-analysis/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
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
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.
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