Press release
Kaolin Market Trends, Surging Demand, Detailed Analysis, And Forecast To 2033
Kaolin Market Analysis
The Business Research Company offers in-depth market insights through Kaolin Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The kaolin market size has grown strongly in recent years. It will grow from $9.37 billion in 2023 to $10.29 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to industrialization and urbanization, ceramic industry demand, paper industry growth, rise in construction activities, cosmetics and pharmaceutical usage.
The kaolin market size is expected to see strong growth in the next few years. It will grow to $14.67 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to consumer preference shifts towards natural products, globalization and trade expansion, rise in agricultural usage, environmentally sustainable alternatives, growing cosmetic applications. Major trends in the forecast period include nanotechnology applications, R&D for innovative applications, bio-ceramics and medical uses, kaolin-based filtration systems, inclusion in polymers and composites.
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Market Segmentation:
The kaolin market covered in this report is segmented -
1) By Type: Synthetic, Natural
2) By Process: Water-washed, Airfloat, Calcined, Delaminated, Surface-modified and Unprocessed
3) By End-Use Industry: Ceramics and Sanitarywares, Fiberglass, Paints and Coatings, Rubber, Adhesives and Sealants, Plastics, Other End-Users (Personal Care & Healthcare, and Agriculture)
Major Driver - Kaolin Market Surge Anticipated As Demand Escalates In Paper And Ceramic Industries
Rising demand for paper and ceramic products is expected to propel demand for the kaolin market. A ceramic is a product composed of either metal or non-metal compounds after being shaped and hardened by heating to high temperatures. Paper products are items such as paper napkins, towels, and corrugated papers made of sugar cane waste, flax, bamboo, wood, linen rags, cotton, and wheat straw. The use of kaolin coating enhances the appearance of ceramic and paper by varying their gloss, smoothness, brightness, opacity, and printability. For instance, in November 2021, according to an article by the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, global paper and paperboard output is expected to expand by 1.5% annually to 2030. Therefore, the rising demand for paper and ceramic products will drive the kaolin market.
Competitive Landscape:
Major companies operating in the kaolin market report are Ma'aden Wa'ad Al Shamal Phosphate Company Imerys S.A., Ashapura Group, Sibelco Group, Thiele Kaolin Company, Arcilla Mining & Land Company LLC, Quarzwerke Group, KaMin LLC, Burgess Pigment Company, G&W Mineral Resources, Ashok Alco-Chem Limited, Kentucky-Tennessee Clay Company (K-T Clay), Edgar Minerals Inc., Quimialmel S.A., Shree Ram Group of Industries, LB Minerals s.r.o., Keramost a.s., EPK Group, Advanced Primary Minerals Corporation Altech Chemicals Ltd., WA Kaolin Ltd., English Indian Clays Ltd., I-Minerals Inc., Sedlecký Kaolin a.s., Bentonit União Nordeste S/A, South African Kaolin Group, Satintone Inc., UMA Group of Kaolin Companies
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Top Trend - Strategic Partnerships In The Kaolin Market
Major companies operating in the Kaolin market are adopting a strategic partnership approach to supply green hydrogen. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in May 2023, Carlton Power, a UK-based energy development company, partnered with Imerys, a France-based manufacturer of kaolin, and Sibelco, a Belgium-based kaolin manufacturing company. The collaboration seeks to provide green hydrogen fuel for the clay mining operations situated within a five-mile radius of Carlton's Langage Green Hydrogen project. Imerys and Sibelco have set targets to decrease their greenhouse gas emissions in the coming decade, identifying hydrogen as a crucial element in their sustainability initiatives. The green hydrogen generated at Langage will be delivered through an underground pipeline to support Sibelco's Cornwood operation and Imerys' Lee Moor operation. Both facilities contribute to the production of kaolin used in the brick, ceramics, and tile industries.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Kaolin Market Characteristics
3. Kaolin Market Trends And Strategies
4. Kaolin Market - Macro Economic Scenario
5. Kaolin Market Size And Growth
…..
27. Kaolin Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The global kaolin market is primarily driven by the increasing demand for the product in the paper industry. About 40% of kaolin is used…
