Talc Market Grow at CAGR of 4.6% During 2023-2028 | IMARC Group

According to IMARC Group's latest report, titled "𝐓𝐚𝐥𝐜 𝐌𝐚𝐫𝐤𝐞𝐭: 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 2023-2028", the talc market reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.5 Billion by 2028, exhibiting a CAGR of 4.6% during 2023-2028.

Talc refers to a grey, pale green, or white soft mineral with a greasy feel, occurring as laminae or translucent masses and consisting of hydrated magnesium silicate. It is mostly available in two forms, including powdered and granular. These talc variants improve the heat resistance and stiffness of polymers, such as polypropylene, nylon, vinyl, polyethylene, and polyester. They prove extremely effective in designing bowls, sculptures, countertops, sinks, hearths, etc. Talc powders even help the liquid paint adhere to a wall without sagging by enhancing the suspension of solids in the container. Consequently, they find extensive applications across several sectors, including pulp and paper, plastic, paints and coatings, food and beverage (F&B), personal care, pharmaceutical, etc.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.imarcgroup.com/talc-market/requestsample

𝐆𝐥𝐨𝐛𝐚𝐥 𝐓𝐚𝐥𝐜 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬

The rising demand for industrial and marine coatings, which offers corrosion protection, improved adhesion, and solvent reduction, is primarily driving the talc market. Additionally, the growing requirement for thermoplastics in the aerospace industry, owing to low production time and overall costs is acting as another significant growth-inducing factor. Apart from this, the elevating product usage to enhance the hardness, tensile strength, impact absorption, toughness, stability, and electrical insulation of plastics is also positively influencing the market growth.

Moreover, the increasing need for the product in the automotive industry for modifying various polymeric matrixes utilized in vehicle production is further stimulating the global market. Besides this, the escalating employment of the mineral in rubber manufacturing to provide bounce property to the rubber and inflating expenditure in research and development (R&D) activities by leading market players to innovate new product grades are expected to bolster the talc market in the coming years.

𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄: https://www.imarcgroup.com/request?type=report&id=5902&flag=C

𝐆𝐥𝐨𝐛𝐚𝐥 𝐓𝐚𝐥𝐜 𝐌𝐚𝐫𝐤𝐞𝐭 2023-2028 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the talc market has been studied in the report with the detailed profiles of the key players operating in the market.

𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲𝘀𝗲 𝗸𝗲𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲:

AKJ Minchem Private Limited, Anand Talc, Elementis plc, Golcha Group, Guangxi Longsheng Huamei Talc Development Co. Ltd., Imerys S.A. , IMI FABI S.p.A., Minerals Technologies Inc., Mughne Group of Companies, Nippon Talc Co. Ltd., Sibelco, Sun Minerals and Xilolite S.A.

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

The report has segmented the talc market bases on deposit type, form and end use industry.

𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has been segmented the market into following categories:

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐃𝐞𝐩𝐨𝐬𝐢𝐭 𝐓𝐲𝐩𝐞:

Talc Carbonate
Talc Chlorite
Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐅𝐨𝐫𝐦:

Powdered Talc
Talc Lumps or Granules

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

Pulp and Paper
Plastic Industry
Ceramics
Paints and Coatings
Cosmetics and Personal Care
Pharmaceuticals
Food
Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/talc-market

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐎𝐭𝐡𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭-

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝗦:

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