Global Kaolin Market is Growing with a CAGR of 4.8% in the Forecast Period of 2022 to 2029 | DBMR Report

The global kaolin market is expected to grow significantly in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.8% in the forecast period of 2022 to 2029 and is expected to reach USD 7,480.21 million by 2029.

The major factor driving the growth of the Kaolin market is the rise in construction activities across the globe, favorable chemical and physical properties of kaolin, increase in demand for kaolin from various end-use industries, and high adoption of kaolin as a coating additive.

The global kaolin market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market.

To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue impact solution to achieve your desired goal.

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Drivers
• Increase in demand for kaolin from various end-use industries
The increase is attributable to increased demand for paper from various end-use industries, such as packaging and printing. Furthermore, this material is widely used to fill and coat pieces as it reduces particle size and enhances strength. Kaolin is frequently used in the paper industry because it offers a variety of qualities, including good ink receptivity, paper smoothness, and the optimum opacity for paper making.
• High adoption of kaolin as a coating additive
Kaolin is the most extensively used particulate mineral in the filling and coating paper. It improves paper appearance, characterized by gloss, smoothness, brightness, and opacity, and of greatest significance, it improves printability. Paper is also filled with kaolin to extend fiber.

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Opportunity

• Key strategic initiatives implemented by leading companies
The global kaolin market has seen an unexpected negative effect due to the emergence of COVID-10 and nationwide lockdowns and movement restrictions. Therefore, the manufacturers mostly focus on keeping the liquidity flow to avoid further losses. Moreover, key players in the kaolin market have been implementing various strategic initiatives and developments to gain a major and dominant market share and enhance their operations.
Restraints/Challenges
• Negative effect on paper industry due to the emergence of covid-19
The COVID-19 outbreak has disrupted kaolin market manufacture and supply, delaying the worldwide industry's expansion. Many kaolin enterprises are employing ways to avoid downtime losses, which are increasingly concerning as the pandemic's effects endure. The performance of kaolin in paper filling applications has been eroded by competition from alternative materials, particularly calcium carbonates. Slow growth in coated paper production will limit advances for kaolin in the future, thus, restraining the development of the global kaolin market.
• Rise in the price of kaolin
The companies and players operating in the global kaolin market are focused on increasing kaolin prices to ensure the business's long-term sustainability. These players announced an increase in prices in 2021 for different applications, in which paper was among the key applications. Most companies experienced inflation in various aspects of the business, including inflation in chemicals and freight costs. In addition, the downgrade caused due to the breakout of the pandemic from key application sectors directly impacted the revenue earnings of major market participants.

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TABLE OF CONTENT:

1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Kaolin Market

2 Market Segmentation

2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing

3 Executive Summary

TO BE CONTINUE…!

Global Kaolin Market Regional Analysis/Insights
Customization Available

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