The U.S.diatomite market is
expected to reach USD 954.5 million by 2025, according to a new report by Grand
View Research, Inc. The demand for the mineral is expected to witness
substantial growth owing to the increasing use of diatomite as a filter aid in
food & beverage processing and as a functional additive in the medical
industry.
The product is used in several end-use
industries including construction and food & beverage processing owing to its
diversified properties such as high porosity and content of silica. The growing
awareness among consumers with respect to the enhanced filtration properties
associated with the use of the mineral in beer processing application is
expected to be a contributing factor for growth.
In 2015, four companies produced diatomite
in eleven mines located mostly in the western U.S. Imerys, and EP Minerals, LLC
are the two major players in the industry with Imerys accounting for the major
share. Imerys is the largest player in the industry with over 50% of the
overall share owing to its production in the U.S. In addition, the company is
an end-user of diatomite as it manufactures paints and fertilizers where the
product is used as a functional additive.
Access Research Report of U.S. Diatomite
Market@ http://www.grandviewresearch.com/industry-analysis/us-diatomite-market
Further key findings from the report suggest:
· The demand for diatomite is growing in
construction owing to the lightweight of the mineral which aids in the
transportation of the concrete. In addition, the contractors’ preference for
minerals as an additive in concrete as it increases the durability and
stability of the structure is expected to augment market growth.
· The product is utilized as a functional
additive in paints and coatings to breakdown its reflective properties. In
addition, it is used as filler in plastic bags to ease the separation process.
As a result, the growing demand for plastic bags in retail stores and growing
paints & coatings industry in the U.S. is expected to drive growth.
· The demand for diatomite in food &
beverage processing is expected to witness significant growth owing to the
enhanced filtration properties offered by the mineral in providing a clean
taste to the beverages is expected to drive market growth over the forecast
period.
· Increasing utilization of diatomite in beer
processing coupled with rising number of craft beer breweries is expected the
demand for the mineral in the U.S. In addition, the use of the mineral in
paints & coatings to break down the reflecting properties is expected to
have a positive impact growth.
· Key players in the industry include Imerys,
EP Minerals, LLC, Dicalite/Dicaperl Minerals, Inc. and Absorbent Products
Limited. EP Minerals is the most active player with respect to the CSR
activities and service to the society.
· Imerys is the biggest player in the market
accounting over 50% of the overall share. The company has acquired some of the
leading players in the market to expand its product portfolio including Celite
Corp. and World Minerals Inc.
Grand View Research has segmented the U.S.
diatomite market on the basis of application and end-use:
U.S. Diatomite Application Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Absorbents
·
Aggregates
·
Fillers
·
Filtration
·
Others
U.S. Diatomite End-Use Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Food & beverage processing
·
Paints & coatings
·
Plastic manufacturing
·
Medical
·
Others
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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