Inorganic filler Market to Reap Excessive Revenues by 2027
With the help of inorganic fillers properties of composites are enhanced which is considered to be one the major driver for the growth of Inorganic filler market. Higher the filler content the stronger the material. Particle size also affects the polish ability and wear resistance ability of a material. Smaller filler particles cannot be easily pulled from the resin thus produce fewer voids and restrict wear. Coupling are used or the surface treatment of inorganic fillers. When inorganic fillers is used in epoxy resin it reduces the friction and increase the wear resistance. Alumina Trihydrate (ATH) and silica which are inorganic fillers help to improve the erosion resistance of silicon rubber. Research is also going on for using inorganic fillers for dental application to improve the interfacial properties.
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Inorganic filler Market: Dynamics
Demand from end use sectors such as Plastic Materials, Paints & Coatings as well as Adhesives and Sealants is expected to drive the inorganic filler market to a significant extent which would be a high value-high volume market in the forecast period. Calcium Carbonate is expected to be most widely used inorganic filler attributing to the low cost coupled with easily availability of product form suppliers/distributors for the application in composites. Calcium carbonate is majorly derived from dolomite and limestone and finds its application in automotive parts. Alumina trihydrate and calcium Sulphate are expected to drive the inorganic filler market during the forecast period attributing to the flame retardant property exhibited by these inorganic fillers. When these fillers are exposed to high temperature these filler give off water thereby helping to put off fire. Thus used in shower stalls and bath tubs etc.
High cost of fillers such as silica, alumina trihydrate etc is expected to pose restraint in the growth of inorganic filler market during the forecast region.
Inorganic filler Market: Segmentation
Inorganic filler Market can be segmented on the basis of product category:
Alumina trihydrate (ATH)
Others (Wollastonite, other silicate based fillers, Mica etc.)
Inorganic filler Market can be segmented on the basis of application:
Thermoplastics and thermosets
Paints & coatings
Adhesives and sealants
Others (Automobile parts, tub/shower industry etc.)
Inorganic filler Market: Regional Outlook
In North America and Europe region Inorganic filler market is expected to flourish during the forecast period of time. Attributed due the growing automotive industry in region which is expected to drive the inorganic filler market. Paints and coating is also expected to grow at a significant rate in these regions thus accelerating the growth of inorganic filler market.
Inorganic filler market in Asia Pacific region is expected to grow at a significant rate during the forecast period attributing to the growth in the paper consumption which in turn is expected to fuel the consumption of inorganic fillers in the paper industry thereby making the inorganic market to grow. Growing per capita consumption of thermoplastic and thermosets is expected to lead the inorganic filler market in region during the forecast period.
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Market of Inorganic filler in Latin America and Middle East and Africa is expected to grow at a healthy rate during the forecast period of time. Attributing to the growth in construction industry in MEA region the use of adhesives and sealants is expected to grow which in turn will have the positive impact on the inorganic filler market.
Inorganic filler Market: Market Participants
Examples of some of the market participants in the Inorganic filler market are:
Nippon Chemical Industrial CO., LTD
ACAT International Group
CHALCO Shandong Advanced Material Co.,Ltd
Marubeni Europe plcs
Shandong Novista Chemicals Co.,Ltd (Novista Group)
KISCO INDUSTRY & TRADE (DLFTZ) CO., LTD.
Harmony Additive Pvt. Ltd
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