PUBLISHER: The Business Research Company | PRODUCT CODE: 1929400
PUBLISHER: The Business Research Company | PRODUCT CODE: 1929400
Talc mining involves extracting talc, a mineral with various properties such as fragrance retention, luster, purity, softness, and whiteness.
The primary types of talc are talc chlorite, talc carbonate, and other variations of talc. Talc chlorite is a hydrated magnesium sheet silicate with the chemical formula Mg3Si4O10(OH)2. The fundamental sheet structure comprises a layer of magnesium-oxygen/hydroxyl octahedra situated between two layers of silicon-oxygen tetrahedra. Talc deposits can be categorized into talc carbonate and talc chlorite. End-users of talc span various industries, including plastics, pulp and paper, ceramics, paints and coatings, cosmetics and personal care, pharmaceuticals, food, and other sectors. The mining methods for talc extraction encompass both underground mining and surface mining.
Tariffs are influencing the talc market by increasing costs of imported mining equipment, processing machinery, and cross-border talc shipments used for industrial and cosmetic applications. Manufacturers in North America and Europe are most affected due to reliance on imported talc grades, while Asia-Pacific faces export pricing pressure. These tariffs are increasing raw material costs and affecting supply contracts. At the same time, they are encouraging domestic talc mining, regional processing capacity expansion, and greater sourcing from local mineral reserves.
The talc market research report is one of a series of new reports from The Business Research Company that provides talc market statistics, including talc industry global market size, regional shares, competitors with a talc market share, detailed talc market segments, market trends and opportunities, and any further data you may need to thrive in the talc industry. This talc market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The talc market size has grown strongly in recent years. It will grow from $5.73 billion in 2025 to $6.07 billion in 2026 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to expansion of industrial mineral mining, rising demand from ceramics and plastics industries, growth in cosmetic product manufacturing, availability of surface and underground mining techniques, increasing use of talc as functional filler.
The talc market size is expected to see strong growth in the next few years. It will grow to $8.35 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increasing demand for cosmetic-grade talc, rising focus on environmentally compliant mining, expansion of talc use in lightweight plastics, growing demand from pharmaceutical applications, increasing adoption of refined talc processing technologies. Major trends in the forecast period include increasing demand for high-purity talc grades, rising focus on sustainable mining practices, growing use of talc in cosmetic and personal care products, expansion of industrial talc applications, enhanced emphasis on product consistency and whiteness.
The increasing demand in the paints and coatings industry is expected to drive the growth of the talc market. This demand is fueled by the need for high-performance products that offer enhanced durability, weather resistance, and aesthetic appeal in both residential and commercial applications. Talc improves paint quality by enhancing durability, moisture resistance, and smoothness, making it essential in the construction and automotive sectors where high-quality coatings are crucial. For instance, according to the World Paint and Coatings Industry Association, a Belgium-based international non-profit organization, the global paints and coatings market reached $185.5 billion in 2023, a 3.2% increase from 2022. Thus, rising demand in the paints and coatings industry is set to propel the talc market forward.
The expanding pharmaceutical industry is expected to drive the growth of the talc market in the coming years. The pharmaceutical industry encompasses the sector primarily engaged in the discovery, development, production, and commercialization of drugs and medications for medical use. Talc is used in the pharmaceutical industry to reduce friction between powder particles, enabling them to flow more freely during tablet compression. This ensures consistent tablet formation and prevents issues such as sticking or capping. For example, in 2023, the European Federation of Pharmaceutical Industries and Associations (EFPIA), a Brussels-based trade association, reported that North America accounted for 23 % of global pharmaceutical sales, compared with 22 % for Europe, highlighting growing medicine consumption. Thus, the expanding pharmaceutical industry is propelling the growth of the talc market.
Leading companies in the talc market are investing in specialized production facilities, such as talc processing plants, to boost productivity and improve commercial outcomes. Talc processing plants are facilities where talc is mined, milled, and refined to produce various grades for industries including cosmetics, plastics, paints, and pharmaceuticals. For example, in November 2023, Imerys S.A., a France-based company specializing in industrial minerals production, inaugurated a new talc processing plant in Wuhu, China. This facility, Imerys' largest recent investment in the region, is dedicated to producing high-value specialty talcs for the automotive polymers market. It manufactures a range of engineered talcs-such as high aspect ratio, ultrafine, and micro lamellar types, including HAR, Jetfine, and Steamic-designed to enhance the mechanical properties of talc-reinforced plastics used in metal replacement for modern vehicles, alongside the ImerFlex line for downgauging tire inner liners.
Major companies operating in the talc market are Imery SA, SCR-Sibelco NV, Minerals Technologies Inc., Nippon Talc Co. Ltd., Elementis plc, R.T. Vanderbilt Holding Company Inc. - Gouverneur Talc, 20 Microns Limited, Ashapura Minchem Ltd., Golcha Group, Mondo Minerals, Magris Performance Materials, ANAND TALC, Haichen Minchem Co. Ltd., Shri Vinayak Industries, AKJ MinChem Pvt. Ltd., LITHOS Industrial Minerals GmbH, Liaoning Aihai Talc Co. Ltd., Oriental Talc Pvt. Ltd., Pingdu Talc Mining Co. Ltd., Sun Minerals Pvt. Ltd.
Eastern Europe was the largest region in the talc market in 2025. The regions covered in the talc market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the talc market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The talc market includes revenues earned by entities by providing mining services such as conventional drilling and blasting methods. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Talc Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses talc market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for talc ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The talc market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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