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Kaolin Market SizeAnalysis, Growth,Opportunities, Top Manufacturers, Share, Trends, Segmentation,Regional Graph and Forecast to 2028
Browse 364 market data Tables and 39 Figures spread through 277 Pages and in-depth TOC on "Kaolin Market"
The Kaolin Market [https://www.marketsandmarkets.com/Market-Reports/kaolin-market-91196438.html] is estimated at USD 4.6 billion in 2022 and is projected to reach USD 6.1 billion by 2028, at a CAGR of 4.8% from 2023 to 2028. The growing demand for kaolin in a variety of end-use industries, such as paper, ceramics & sanitary ware, and paints & coatings, is the main driver of this market expansion. In addition, the booming e-commerce sector's increased demand for paper packaging which has directly increased the demand for kaolin. Additionally, a significant growth driver for the kaolin market is the increased demand for ceramic tiles in the construction & building industry of densely populated and growing economies.
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From 2023 to 2028, the kaolin industry [https://www.marketsandmarkets.com/Market-Reports/kaolin-market-91196438.html] in the Asia-Pacific region is projected to experience the highest compound annual growth rate (CAGR). In 2022, China held the largest market share in the Asia-Pacific kaolin market, driven by its robust industrial development and ongoing economic improvements. The region's significance is further underscored by the fact that it is home to 60% of the world's population, fueling extensive use of kaolin across various end-use sectors, including paper, plastics, rubber, ceramics, and sanitary ware production.
Prominent companies, including lmerys S.A (France), Ashapura Group (India), EICL Limited (India), SCR-Sibelco N.V. (Belgium), KaMin LLC (US), Thiele Kaolin Company (US), LASSELSBERGER Group (Hungary), Quarzwerke GmbH (Germany), Sedlecky kaolin A.S. (Czech Republic), I-Minerals Inc. (Canada), 20 Microns Limited (India), Minotaur Exploration Limited (Australia), W. R. Grace & Co. (US), Shree Ram Group (India), KERAMOST, A.S. (Czech Republic), Uma Group of Kaolin (India), Jiangxi Sincere Mineral Industry Co., Ltd. (China), and Active Minerals International, LLC (US), are recognized as key players in the global kaolin market. These market leaders have strategically prioritized growth efforts like mergers and acquisitions, collaborations, expansions, investments, and divestitures to help them expand into previously undiscovered and attractive markets.
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Imerys S.A. (France)
Imerys S.A. holds a prominent position as a top kaolin supplier within various end-use sectors, including paper, ceramics & sanitary wares, paints & coatings, rubber, and plastics. With operations in significant nations like the United States, China, and the United Kingdom in the kaolin market, the company continues to have a global footprint. The company lays a great emphasis on forming joint ventures and carrying out acquisitions as a key part of its strategic growth plan, which helps it gain a competitive edge in the kaolin industry. Imerys S.A. is also committed to diversifying its clients and bolstering its footprint in new markets. In a noteworthy move, Imerys S.A.'s subsidiary, Kaopolite Inc., a prominent global supplier of kaolin for uses in personal care, hard surface cleaning, and auto care, announced a distribution relationship with Debro Inc. in Canada in February 2019. This group effort made a substantial contribution to the company's growth and strengthening of its position in the Canadian market.
KaMin LLC
KaMin LLC holds a prominent position among the key players in the kaolin market. The company was established in 2008 and since then the it has grown to become one of the top producers of kaolin clay, a type of clay used in products including paints and coatings, plastics, rubber, thermal paper, and catalytic substrates. These sectors play a crucial role in rapidly expanding industries including the automotive and construction sectors. KaMin currently runs three production facilities in the US that are solely focused on kaolin extraction and processing. Their product selection serves a variety of markets, including those in the paper, plastics, rubber, building, paints & coatings, and agricultural. Further in September 2022, The company acquired BASF SE's Kaolin business. BASF was one of the greatest players in the market and the acquisition of their business has increased the market share of KaMin LLC.
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Kaolin is a type of clay that is derived from kaolinite mineral found in the earth’s crust by thermal weathering of feldspar. Kaolin, also known as china clay, is an odorless white to yellowish powder and exhibits various properties such as glossiness, brightness, abrasiveness, and viscosity.
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Market Overview;
Kaolin is a type of clay that is derived from kaolinite mineral found in the earth’s crust by thermal weathering of feldspar. Kaolin, also known as china clay, is an odorless white to yellowish powder and exhibits various properties such as glossiness, brightness, abrasiveness, and viscosity.
The global kaolin market is primarily driven by the increasing demand for the product in the paper industry. About 40% of kaolin is used…
