With the emergence and long-term Impact of COVID-19, Global Kaolin Market to reach USD 6.69 billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Kaolin Market points towards a potential rise to USD 6.69 billion by 2030. Kaolin is a type of clay mineral, specifically a soft white clay known as kaolinite. Kaolin has various industrial applications due to its unique properties. The key factors driving the market growth are increasing demand in the paper industry, rising construction activities, expanding ceramics & pottery industries, and increasing use in plastics and rubber industries that are anticipated to support the market growth during the forecast period 2023-2030.
Geographically, the global Kaolin market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 owing to the growing construction sector, increasing demand from paper, ceramics, paints & coatings, and fiberglass industries, and the presence of key market players. Whereas, the Asia Pacific is expected to grow with the highest CAGR over the forecast period, owing to factors such as the rise in consumption of packaged food items, growing demand for coated and uncoated papers in packaging applications, and growing plastics & rubber industries.
The global Kaolin market is highly competitive owing to the presence of several key players such as Imerys 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) Sedlecký kaolin A.S. (Czech Republic) I-Minerals lnc (Canada) and others.
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Key findings of the study suggest:
- Global Kaolin Market is anticipated to grow with a healthy growth rate of more than 4.8% over the forecast period 2023-2030.
- In the End-use Industry segment, Paints & Coatings emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to growing construction sector in the region.
- Asia Pacific is expected to grow at higher rate owing to rise in consumption of packaged food items in the region.
Bizwit Research & Consulting has considered following segments for the study:
By Process:
- Water-washed
- Airfloat
- Calcined
- Delaminated
- Surface-modified & Unprocessed
By End-use Industry:
- Ceramics & Sanitarywares
- Fiberglass
- Paints & Coatings
- Rubber
- Adhesives & Sealants
- Plastics
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
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