Market Research Report
Opportunities in the Talc Market: Growth Trends, Forecast and Competitive Analysis
|Opportunities in the Talc Market: Growth Trends, Forecast and Competitive Analysis|
Published: November 1, 2021
Content info: 141 Pages
Delivery time: 1-2 business days
The future of the talc market looks promising with opportunities in the paper, plastic, ceramics, paint & coating, roofing, cosmetics, and other applications. The global talc market is expected to reach an estimated $3.3 billion by 2026 with a CAGR of 5.8% from 2020 to 2026. The major drivers for this market are increasing use of plastics in automotive, growth in demand for paint and coatings in construction and industrial sectors, and increasing demand for cosmetics products.
Emerging trends, which have a direct impact on the dynamics of the talc industry, include growing production of specialty micronized grade talc for plastic and increasing demand for talc in lightweight automotive plastic parts. Imerys, Elementis, Minerals Technologies, Nippon Talc, Golcha Group, and American Talc Company are among the major talc manufacturers.
A total of 111 figures / charts and 34 tables are provided in this 141-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of the talc market report, please download the report brochure.
By Application [$M and Kilotons shipment analysis for 2015 - 2026:
By Deposit [$M and Kilotons shipment analysis for 2015 - 2026:
By Region [$M and Kilotons shipment analysis for 2015 - 2026]:
Lucintel forecasts that talc carbonate will remain the largest segment as it provides lower viscosity and better scrub resistance than others type of talc, which is expected to spur growth for this segment over the forecast period.
Plastic will remain the largest application and witness the highest growth during the forecast period due to growing demand for lightweight plastics in the automotive industry.
Asia-Pacific will remain the largest region and it is expected to witness the highest growth over the forecast period, supported by higher production of paper and plastic.
Features of Talc Market