Press release
Kaolin Market Size to Hit USD 6.5 Billion by 2024: Analysis of Key Players, Trends, Drivers, & Challenges
Kaolin Market is poised to surpass USD 6.5 billion, Metakaolin Market is likely to exceed USD 150 million by 2024; according to a new research report by Global Market Insights, Inc.Escalating end-user industries such as construction, ceramics, paints & adhesives, plastics, and paper in the past few years is the prime reason driving the overall kaolin market share throughout the projected timespan. For instance, the overall ceramic tiles industry share in 2015 was around 13 million square meters and will likely reach 28,000 million square meters by 2024; growing at over 9% CAGR. This trend will subsequently boost the business growth. In addition, the product also finds application in tire manufacturing to upgrade its mechanical properties. Increasing automotive production and sales in Asia Pacific and Latin America on account of increasing consumer spending towards lavish lifestyles will complement the global kaolin market size in the coming years.
Request a Sample Copy of Global Kaolin Market Research Report @ https://marketsizeforecasters.com/get-sample/18721/?utm_source=OPR-NL
In 2015, kaolin market share for paper comprised for the major chunk of the global industry and shall experience escalating growth more than 3.5% between 2016 and 2024. Increasing product usage in paper coating and filling applications to improve its features such as gloss, brightness, smoothness, and opacity will complement the industry growth by 2024.
Kaolin market share for ceramic is likely to witness highest growth at over 4.5% CAGR by 2024. It is chiefly used in ceramic tiles manufacturing to develop its thermal resistance. Increasing ceramic tiles industry share for wall and flooring applications will drive the global industry share by 2024.
Enquiry Discount for Global Kaolin Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/18721
Regional highlights of Kaolin Market over 2016-2024 are given below:
North America, mainly led by the U.S. accounted for approximately 20% of the total kaolin market share in 2015. Growing U.S. economy post 2008 economic downturn has positively influenced the construction business. Additionally, increasing residential renovation activities along with drifting consumer attention towards replacing wood flooring with ceramic tiles will complement regional industry by 2024.
In 2015, Asia Pacific registered a notable share in the kaolin market size and is likely to observe growth more than 4.5% between 2016 and 2024. Promising construction industry growth in India, Japan and China is an important regional industry growth prospect. Robust automotive manufacturing and sales in India, China Malaysia and Indonesia will drive regional industry size. Furthermore, increasing government initiatives in India and Southeast Asia countries to promote education will substantially boost the product demand for paper applications.
In 2015, kaolin market size was consolidated with five major companies accounting for over 40% of the overall business share. Some prominent kaolin market share contributors are Imerys SA, BASF SE, I-Minerals Inc., Daleco Resources, KaMin LLC, Kaolin AD, LB Minerals Ltd, SCR-Sibelco N.V, Quarzwerke GmbH, Vale SA, Thiele Kaolin, Morien Resources, Stephan Schmidt KG, Xatico Srl and Lasselsberger GmbH.
More info: https://marketsizeforecasters.com/kaolin-market
Related Reports: -
2017-2022 Hydrogen Peroxide Sterilizer Solution Report on Global and United States Market, Status and Forecast, by Players, Types and Applications
This report studies the Hydrogen Peroxide Sterilizer market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Hydrogen Peroxide Sterilizer market by product type and applications/end industries.
https://marketsizeforecasters.com/2017-2022-hydrogen-peroxide-sterilizer-solution-report-on-global-and-united-states-market
MarketSizeForecasters.com, a Skyline Market Research LLP brand, is an online aggregator of market research reports. MarketSizeForecasters.com offers a comprehensive collection of full length reports on global and regional markets in 100+ industry verticals. We have partnered with some of the leading business and market research publishing houses and regularly update our online library to offer wide range of reports to our customers.
Market size forecasters
The Green Suite #4594,
Dover, DE 19901
United States
Phone: 1-201-355-0868
US Toll Free: 1-866-764-2150
Email: sales@marketsizeforecasters.com
Website: http://marketsizeforecasters.com/
News: https://marketsizeforecasters.com/news
Connect with us: LinkedIn | Twitter
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Kaolin Market Size to Hit USD 6.5 Billion by 2024: Analysis of Key Players, Trends, Drivers, & Challenges here
News-ID: 563460 • Views: …
More Releases from market size forecasters
Global Concrete Saw Market Overview, Opportunities, In-Depth Analysis Overview o …
Concrete Saw Market by Manufacturers, Countries, Type and Application, Forecast to 2022 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 140 pages with table and figures in it.
The global Concrete Saw market is valued at 1465.13 million USD in 2017 and is expected to reach 2053.04 million USD by the end of 2022, growing at a CAGR…
Global Auto Suspension Market Overview, Opportunities, In-Depth Analysis Overvie …
Accurately analyzed in terms of pivotal industry segments, global Auto Suspension market report effectively covers the scope of this industry space in terms of products types, regions, applications, and significant manufacturers. In addition, the report outlines details regarding the lucrative opportunities that participants are likely to avail and the potential risks that they may have to combat in the ensuing years.
Auto Suspension System is the vehicle frame and the axle…
IP Camera Market has Demand Driver, Key Opportunity, Key Production Analysis By …
IP Camera Market by Manufacturers, Countries, Type and Application, Forecast to 2022 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 113 pages with table and figures in it.
An Internet protocol camera, or IP camera, is a type of digital video camera commonly OPENloyed for surveillance, and which, unlike analog closed circuit television (CCTV) cameras, can send and receive…
Consumer Drones Market Performance Analysis By Yuneec, AscTec, JJRC, AirDog, Del …
Consumer Drones Market by Manufacturers, Countries, Type and Application, Forecast to 2022 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 117 pages with table and figures in it.
This report studies Consumer Drones in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from…
More Releases for Kaolin
Kaolin Market 2023; Global Key Player; BASF SE, Quarzwerke GmbH, Thiele Kaolin C …
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 for…
Exclusive Calcined Kaolin Market 2018: Industry Size, Share, Competition and For …
UpMarketResearch offers a latest published report on “Global Calcined Kaolin Market Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 110 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. The report contains basic, secondary and advanced information pertaining to the Calcined Kaolin global status and…
Kaolin Market 2023 Global Key Player; Thiele Kaolin Company, Imerys, I-Minerals, …
The vast availability of kaolin reserves coupled with their broad application range is expected to add an optimistic outlook on the market growth. Market reports associated to the chemicals and materials industry have been made available by Market Research Future who issues reports on other sectors that have been presently published along with a report on this industry. The market is projected to achieve a high CAGR rate while grossing…
Kaolin Market 2023 Global Key Player; Thiele Kaolin Company, Imerys, I-Minerals, …
The vast availability of kaolin reserves coupled with their broad application range is expected to add an optimistic outlook on the market growth. Market reports associated to the chemicals and materials industry have been made available by Market Research Future who issues reports on other sectors that have been presently published along with a report on this industry. The market is projected to achieve a high CAGR rate while grossing…
Kaolin Market 2018-2023 | Thiele Kaolin Company, Imerys, I-Minerals, Inc., BASF …
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…
Kaolin Market 2018-2023 | Global Key Player; Thiele Kaolin Company, Imerys, I-Mi …
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…
