Halloysite Market Will Exhibit an Impressive Expansion by 2024-2031 | Applied Minerals, Inc., Imerys, I-Minerals Inc., and Northstar Clay Mines LLC

Global halloysite market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). A major factor supporting the growth of the market is the usage of halloysite in coating applications is growing in popularity due to its unique properties that enhance coating performance and existence. Halloysite is an excellent filler for reinforcement in coatings due to its wide surface area and aspect ratio, which provides improved mechanical strength, scratch resistance, and barrier characteristics. Additionally, halloysite's tubular structure makes it easier to encapsulate and release active compounds in a regulated way, such as corrosion inhibitors or antibacterial agents, increasing the efficacy of protective coatings.

For instance, in 2023, Applied Minerals, Inc., a top manufacturer of halloysite clay products for high-value industrial applications, got a fresh acquired order for 40,000 pounds of its DRAGONITE halloysite clay product from a client. The customer just commercialized a coating application and will utilize the amount bought to sell them. The management is still committed to growing its customer base and acquiring new clients for its DRAGONITE halloysite clay sales.

Furthermore, the rapid development of nanotechnology has created new applications for halloysite, especially in the creation of halloysite nanotubes (HNTs). Due to their distinctive features, which include their high aspect ratio, tubular shape, and large surface area, these nanotubes may be used for a variety of objectives, including medication delivery, catalysis, and reinforcement in composite materials. Halloysite demand is anticipated to soar as a result of ongoing studies into the potential applications of HNTs in a variety of sectors, driving market expansion. For instance, in 2022 Ionic Mineral Technologies, a US-based company that specializes in innovative battery materials technology has quietly introduced Ionisil, a nano-silicon made from halloysite that might replace graphite in lithium-based batteries. Nano-silicon has the potential to significantly increase the range and speed of charging for electric vehicles (EVs). The company states that it is in charge of the world's biggest high-purity deposit of halloysite, an aluminum silicate clay (Al2Si2O5(OH)4) with a naturally occurring nanotubular structure.

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Market Coverage

The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-

By Type
By Application
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Applied Minerals, Inc., Imerys, I-Minerals Inc., and Northstar Clay Mines LLC, among others.

Halloysite Market Report Segment

By Type

Pure Halloysite
Hybrids Halloysite
By Application

Medical
Cosmetics
Ceramics
Polymers
Cement
Paints
A full Report of Halloysite Market is Available @ https://www.omrglobal.com/industry-reports/halloysite-market

Halloysite Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East and Africa
Company Profiles

AMCOL Corporation
American Elements
Ashapura Group
BASF SE
Clariant
CVC Capital Partners
Daleco Resources Corporation
Intermark Group
Living Nature (US)
MERCK KGaA
Nanoshel LLC
Otto Chemie Pvt. Ltd.
Phantom Plastics
Quarzwerke Gmbh
Reade International Corporation
Refractron Technologies Corporation
Rimera Group
Sachtleben Mine GmbH
Toyota Tsusho Corporation
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