Market Research Report
Kaolin Market Size, Share & Trends Analysis Report By Application (Paper, Ceramics, Paint, Fiberglass, Rubber, Metakaolin), By Region (North America, CSA, Europe, APAC, MEA), And Segment Forecasts, 2018 - 2025
|Published by||Grand View Research, Inc.||Product code||352310|
|Published||Content info||84 Pages
Delivery time: 1-2 business days
|Kaolin Market Size, Share & Trends Analysis Report By Application (Paper, Ceramics, Paint, Fiberglass, Rubber, Metakaolin), By Region (North America, CSA, Europe, APAC, MEA), And Segment Forecasts, 2018 - 2025|
|Published: June 22, 2018||Content info: 84 Pages||
The global kaolin market size is projected to reach USD 9.83 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.8% over the forecast period. Growth of ceramics and paints industries, owing to rapid infrastructural development, is anticipated to drive the market. Rising government spending in emerging economies such as India and China, has resulted in expansion of construction industry. This is expected to contribute toward an increased demand for kaolin.
Kaolin is extracted from open-pit mines. Ore processing consists of enhancing certain properties through chemical and thermal treatment, removing impurities, and engineering particle size and shape. Prices of kaolin are expected to have a significant impact on application industries. Key manufacturers are mining kaolin for use in rubber, plastics, and paper industries. Growth of rubber and paints and coatings industries is expected to further propel demand for kaolin over the forecast years.
Several regulations such as European Union (EU's) Regulation 1169/2011, U.S. Food and Drug Administration (FDA's) Food Labeling Guide, and India's Food Safety & Standards (Packaging and Labeling) make it mandatory to print food-related information on packaging. These regulations have promoted market expansion of paper-packaging materials. From marketing and branding perspective, it is very important for companies to print their logos and trademarks on packaging materials. This is expected to positively impact demand for kaolin in paper applications.
Increasing number of ceramic manufacturing companies in China has contributed to kaolin market growth over the past few years. This trend is expected to continue over the forecast period. The Middle East is expected to be a potential market, owing to on-going and upcoming construction projects, which, in turn, is expected to augment product demand in near future. Economic slowdown in Europe has had a negative impact on regional manufacturing and construction industries. This may hamper product growth in the region over the forecast period.
Market players are increasing prices of kaolin due to continued rise in labor, fuel, energy, and freight/logistics costs.