PUBLISHER: TechSci Research | PRODUCT CODE: 1180525
PUBLISHER: TechSci Research | PRODUCT CODE: 1180525
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Kaolin market is anticipated to grow significantly through 2028 due to increasing demand from paints & coatings industry. The average kaolin price in the United States stood at USD 160 per ton in 2021.
Kaolin is extensively used in the paints & coating industry, providing better suspension properties, rapid dispersion, corrosion resistance, superior water resistance, and reduced viscosities. Kaolin is a fine soft white clay resulting from the natural decomposition of other clays or feldspar. Additionally, because of its outstanding chemical characteristics, Kaolin is a key component of many medications, including mouthwashes, wound dressings, desiccants, and temporary anti-acne creams. Moreover, with beneficial qualities, including fixed color, strength, brightness, and grit, kaolin is used in ceramic and refractory applications. These characteristics promote demand for the materials used to make ceramic goods like plates, mugs, and other household items. In addition, kaolin is used in the business processing of plastics and polymers by blocking, grinding, centering, casting, blasting, and chemical treatment. These applications are anticipated to drive the market's growth.
Furthermore, the increasing demand from paper, automotive, and others are the crucial factors that propel the market's growth.
This market is propelled by the paper industry's rising filler demand. This substance offers improved paper opacity, printability, brightness, and long fiber. It is projected that expanding the paper sector in emerging countries will drive the market. In September 2022, the production of processed paper and cardboard in China was roughly 11.5 million metric tons. This expansion results from growing paper demand from printing and packaging applications. Additionally, the substance helps improve the printability of paper by increasing ink absorption, holding on to ink pigment, reducing tinting propensity, and increasing roughness. The strength of paper that has been filled with this substance and coated with it is increased by the reduction in particle size. Thus, the above factor will fuel market expansion over the projected period.
Growing rural-urban migration and increased infrastructure investment have both contributed to an increase in building activity in developing countries. The kaolin market is expanding due to rising product demand from domestic renovation activities in many nations, such as the U.S. consumer trend of switching from wood flooring to ceramic tiles. A quick pace is also anticipated in Europe due to rising ceramic production and consumption there. Thus, the worldwide Kaolin market is anticipated to witness substantial growth in the upcoming years.
The reduced impurity levels and enhanced brightness of the kaolin achieved via this method are responsible for the segment's expansion. The water-washed method is frequently utilized in the creation of hydrous kaolin because it aids in the retention of roughly 12%-15% of water in the clay. The most popular method for turning raw kaolin into finished kaolin products is water washing.
Global Kaolin Market is segmented based on process, application, and region. Based on the process, the market is categorized into water-washed, calcined, surface-modified, and others. Based on application, the market is fabricated into paper, ceramics, paints & coatings, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa, By Company.
BASF SE, I-Minerals Inc., 20 Microns Ltd., Imerys S.A., EICL Ltd., SCR-SibelcoNV, Sedlecky Kaolin A.S., Quartz Works GmbH, Thiele Kaolin Company, LB Minerals Ltd. are some of the key players of Global Kaolin Market.
In this report, the global kaolin market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
Water-Washed
Calcined
Surface-Modified
Others
Paper
Ceramics
Paints & Coatings
Others
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Company Profiles: Detailed analysis of the major companies in the global kaolin market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: