Press release
Kaolin Market: Industry Trends, Market Dynamics, Technological Advancements, and Growth Projections
Kaolin Market
As per the report, 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 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%.
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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.
Emphasis On Facility Expansion And Value Addition
Facility expansion is a key trend gaining popularity in the kaolin market. The manufacturers in this market are focusing on expanding their facilities to drive the development of the mining sector and meet market demand. For instance, in May 2023, the Federal Government of Nigeria, a Nigeria-based government body, launched the Kaolin Ore Processing Plant in Alkaleri. The inauguration of the Kaolin Ore Processing Plant marks a strategic shift from exporting raw materials to exporting processed materials, emphasizing the value addition that leads to increased profitability. The government is actively encouraging stakeholder participation to harness the rich mineral potential in Nigeria. This initiative aims to generate substantial direct and indirect employment opportunities, foster wealth creation, and contribute to the enhancement of the national GDP.
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)
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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
Contents of the report:
1. Executive Summary
2. Kaolin Market Report Structure
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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