Press release
Kaolin Market Size To Worth USD 5.83 Billion By 2032 | CAGR of 4.35%
Market OverviewThe global Kaolin Market size and share have been experiencing upward growth, and the market is expected to grow continuously with a CAGR of around 4.35%. It is expected to reach around $5.83 billion by the end of the ongoing forecast period.
The market for paper and ceramics has been emerging widely, with innovations and research being made to reduce environmental hazards related to the manufacturing of paper and the health concerns caused due to mining operations. To overcome these fundamental problems, reaping advantages from the drawbacks of standard paper manufacturing techniques and creating its share. This is the Kaolin market which has its roots in China and mainly deals with paper and ceramic products.
The Kaolin market is expected to rise steadily due to the rising demand for paper and ceramic products and increasing awareness among people related to environmental hazards caused due to manufacturing of paper. Kaolin is widely accepted since it has various properties such as good ink receptivity, makes paper smooth, and has the perfect opacity, suitable for manufacturing in the paper industry.
In the ceramics industry, Kaolin has gained a significant market share due to its molding properties, strength, and dimensional stability, making them apt for manufacturing whiteware products, insulators, refractories, etc.
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Market Segmentation
The kaolin market has been segmented as follows:
Based on Process:
Water-washed
Airfloat
Calcined
Delaminated
Surface-modified & Unprocessed
Based on the end-use industry:
Ceramics & Sanitarywares
Fiberglass
Paints & Coatings
Rubber
Adhesives & Sealants
Plastics
Others (Personal Care & Healthcare, and Agriculture)
Based on the region:
Asia Pacific
Europe
North America
Middle East & Africa
South America
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Regional Analysis
However, among the four nations, the Asia Pacific region has been accounting for the significant kaolin market share whereby the key drivers towards the growth of the kaolin industry are developed here, and the population is attracted towards innovation in new products.
The significant kaolin market revenue is expected to come from China, Japan, Korea, and India. The kaolin statistics indicate that the population and the disposable incomes of people of these countries have been increasing, leading to shifts in lifestyles and changing demands.
List of the Key Companies in the Kaolin market include
Imerys S.A. (France)
Ashapura Group (India)
BASF SE (Germany)
EICL Limited (India)
SCR-Sibelco N.V. (Belgium)
KaMin LLC (U.S.)
Thiele Kaolin Company (U.S.)
LASSELSBERGER Group (Hungary)
Quarzwerke GmbH (Germany)
IMinerals inc. (Canada)
20 Microns Limited (India)
R. Grace & Co. (U.S.)
Shree Ram Group (India)
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Industry News
October 2021: Industrial and vital minerals such as kaolin and rare piles of earth focus on exploration activities by ASX newcomer iTech Minerals and for a worthy cause. Unlike some other newbies to the market, the company's suite of assets is the consequence of acquiring all of Archer Minerals' exploratory properties to focus on its materials technology plan. As a result, iTech Minerals' properties have all been subjected to some level of work, assisting the company in advancing its Eyre Peninsula kaolin project. At the Ethiopia prospect, work has found the potential for ionic adsorption clay-hosted rare piles of earth mineralization.
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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…
