Global Talc Market 2021 Global Industry Analysis by Key Players, Share, Revenue, Trends, Size, Growth Opportunities And Regional Forecast to 2026

The Global Talc Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Top Companies in the Global Talc Market are IMI Fabi SpA, ANAND TALC, Golcha Group, Guangxi Guilin Longsheng HuaMei Talc Development Co. Ltd, Imerys, LITHOS Industrial Minerals GmbH, Minerals Technologies Inc., ELEMENTIS PLC, Nippon Talc Co., Ltd., Superior Materials Inc. and others.

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Key Market Trends

Increasing Demand from Paints & Coatings Industry

- The utilization of talc offers various advantages in the paints and coatings industry. It is mainly used in industrial paint and coatings, wood lacquers, printing inks, fillers, as well as in various other coatings.
- Talc is primarily used as an extender and effective filler in paints and helps to improve the suspension of solids in the can. It is also helping the liquid paint adhere to a wall without sagging.
- Furthermore, talc generates a barrier effect to limit the penetration of water and corrosive agents into paints and coatings, and further helps to reduce bubble formation, corrosion, and peeling.
- The demand for paints and coatings increased in the Asia-Pacific countries, such as China and India, in recent years, which is expected to boost the demand for talc.
- Asia-Pacific's commercial and residential construction is growing significantly, with the increasing investments by the Governments of India, China, and Indonesia.
- Furthermore, the growth of commercial real estate in India is largely driven by service sectors, especially IT-ITeS. The Indian government's Housing for All by 2022 initiative is also a major game-changer for the industry.
- All the aforementioned factors, in turn, are expected to drive the demand for talc market during the forecast period.

Asia-Pacific Region to Dominate the Market

- Asia-Pacific region dominated the global market share with the growing demand from the countries such as China, India, and Japan.
- China has a huge plastics market that requires high supply of talc to function. In China, talc is found in 15 provinces, with Liaoning, Shandong, Guangxi, Jiangxi, and Qinghai as the prominent areas that account for more than 90% of the total reserves.
- China stopped manufacturing its own pulp which resulted in the raise of pulp prices which is expected to hinder the growth of talc consumption in pulp & paper industry of the country.
- India is one of the few countries with white talc reserves. The deposits of talc are found throughout the country. Most of the white talc produced is consumed in the country itself.
- Most of the commercial talc production of talc comes from Rajasthan. The two leading talc producers in the country (Golcha Group and Golcha Assoaciated) are based in Jaipur, Rajasthan catering cosmetics and polymer industry with talc of superior grades.
- Apart from these producers, the country has several small-scale producers that produce standard or low-quality grades.
- The plastics sector of Japan is stable and balanced in terms of proportion of production to demand. The exports of plastics from the country is always higher than the imported amount. Notably, the trade is primarily with Asian countries.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the Talc market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. Also, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: The Global Talc Market report includes the accurately studied and assessed data of the key industry players and their scope in the market utilizing several analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.   

Finally, the Talc Market report is the believable source for gaining Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

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Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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