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Talc Market (Talc Carbonate, Talc Chlorite) - Global Forecast to 2023

10-05-2018 02:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsnReports

Talc Market (Talc Carbonate, Talc Chlorite) - Global Forecast

The global talc market is projected to grow from an estimated USD 2.68 billion in 2018 to USD 3.35 billion by 2023, at a CAGR of 4.6% from 2018 to 2023. Growth of the market can be attributed to the rising demand for talc-reinforced polypropylene from the automotive industry, as automotive components made from talc-reinforced polypropylene reduce the weight of vehicles.

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Lawsuits related to the carcinogenic nature of talcum powder is a restraint in the market. The presence of a number of substitutes for talc is also a factor hindering the growth of the talc market.

Objectives of Global Talc Market Study:

To analyze and forecast the size of the talc market, in terms of value and volume. To define, segment, and estimate the talc market based on deposit type and end-use industry. To forecast the size of market segments, in terms of value, with respect to 5 main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America.

To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the talc market, To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market. To analyze opportunities in the talc market for stakeholders and provide a competitive landscape of the market.

To track and analyze competitive developments, such as new product developments/launches, acquisitions, expansions, partnerships, and collaborations in the talc market, To strategically profile key players and comprehensively analyze their market shares and core competencies.

Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 42%, Tier 2 – 25%, Tier 3 – 33%
• By Designation: C level – 33%, Director level – 25%, Others – 42%
• By Region: North America – 44%, Europe – 25%, Asia Pacific– 19%, Middle East & Africa – 6%, South America – 6%

The talc market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, and government organizations. Companies operating in the talc market include Imerys (France), Mondo Minerals (Netherlands), Minerals Technologies (US), IMI Fabi (Italy), and Golcha Minerals (India), among others.

Target Audience
• Manufacturers, Dealers, and Suppliers of Talc
• End Users of Talc
• Government and Research Organizations
• Companies Operational in Material R&D
• Associations and Industrial Bodies
• Investment Banks
• Consulting Companies/Consultants in Chemical and Material Sectors

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Key Reasons to buy Talc Market Report:

The report will help market leaders/new entrants in this market by providing them the closest approximations of revenue numbers for the overall talc market and its sub segments.

This report will help stakeholders better understand the competitive landscape and gain insights to position their businesses better and make suitable go-to-market strategies.

The report will also help stakeholders understand the pulse of the market and provide information on key market drivers, restraints, challenges, and opportunities.

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