Study Coverage on Kaolin Market Industry Leaders
KRS Suryavanshi
SR. Manager at Chemicals | Oil & Gas | Coatings Industry at Chemicals & Advanced Materials
The Report "Kaolin Market by Process (water-washed, airfloat, calcined, delaminated, and surface-modified & unprocessed), End Use Industry( Paper Ceramics & Sanitary Wares, Paints & Coatings, Fiberglass, Rubber Plastics and others),and Region - Global Forecast to 2025" - The global kaolin market size is projected to grow from USD 139.6 billion in 2021 to USD 199.3 billion by 2026, at a CAGR of 7.4% from 2021to 2026.
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The global kaolin market size is projected to grow from USD 3.1 billion in 2020 to USD 4.1 billion by 2025, at a CAGR of 5.5% during the forecast period. The market is projected to grow in accordance with the increase in the demand for kaolin for applications in end-use industries such as paper, ceramics &sanitarywares, and paints & coatings, across the globe. Furthermore, the kaolin market has witnessed a significant increase in demand from ceramics and sanitary wares industry.
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In terms ofvalue &volume, water washed process is estimated to lead the kaolin market in 2020
Water washed by process,accounted for the largest market share in the kaolin market. Water-washed process, also known as wet processing, is used to produce kaolin by sieving, grinding, centrifuging, slurring, blunging, and chemically treating crude kaolin. Water-washed kaolin is available in the powder, granule, and lump forms. It is used in applications such as paper, ceramic tiles, paints, rubber, fiberglass, detergents, cosmetics, and pharmaceuticals. The water-washed process is widely used in the production of hydrous kaolin as the process helps to retain water in the clay for about 12%-14%.
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Paper is estimated to be the largest segment in the kaolinmarket in 2020.
Paper, by end-use industry, accounted for the greatest demand for kaolin in 2020, in terms of value and volume. The growth of this segment is mainly attributed to the high demand for kaolin as paper is widely being used in paper packaging and print media. The rising e-commerce activities, particularly in emerging countries, fueled the demand for paper packaging. Therefore, the growth of the paper industry is driven by the increasing demand for paper in packaging and print media. In the Asia Pacific region, India and China are the most lucrative markets for paper, owing to the high use of print media such as newspapers, books, and magazines and the growing e-commerce.
The APAC region is projected to account for the largest share in the kaolinmarket during the forecast period.
The APAC region is projected to lead the kaolinmarket in terms of both value and volume from 2021 to 2025. Asia Pacific is an emerging and lucrative market for kaolin, owing to the industrial development in the region, and it’s improving economic conditions. The growth of the paper industry is projected to drive the demand for kaolin in the APAC region as kaolin is used in the processing of high-quality coated papers. Additionally, the increased consumption of ceramics in the construction industry and the high demand for plastics are also contributing to the growth of the kaolin market in the APAC region.
Imerys S.A(France), BASF SE (Germany), Ashapura Group (India), EICL Limited (India), SCR-Sibelco N.V. (Belgium), W. R. Grace & Co. (US), Kamin LLC (US),20 Microns Limited(India),Minotaur Exploration Limited (Australia), Thiele Kaolin Company (US) amongst others, are the key players operating in the kaolinmarket. Merger & acquisitions, investments &expansions, partnerships& collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positionsin thekaolinmarket.
Study Coverage
The scope of the report covers detailed information regarding major factors,such as drivers, restraints, opportunities, and challenges influencing the growth of the kaolinmarket.A comprehensive analysis of the key players has been performed to provide insights into their business overviews, operational & financial assessments, products & services on offer, and key growth strategies adopted by them.