Global Kaolin Market is expected to reach USD 5.88
billion by 2020, according to a new study by Grand View Research, Inc. Growth
of construction sector on account of industrialization in emerging economies
including China, Brazil, India and Russia is expected to drive kaolin market
demand. Kaolin is used in ceramics and concrete to increase whiteness and
brightness of the base material. Growing focus on superior aesthetics would
drive demand for ceramic tiles and sanitary ware resulting in increased kaolin
demand over the forecast period. Moreover, increasing demand for paper
packaging is anticipated to drive kaolin demand, as the mineral enhances
durability and reinforcement properties of the base material.
Paper was the largest application segment for the
kaolin market accounting for over 40% of volume share in 2013. Ceramics is
expected to be the fastest growing application segment at a CAGR of 4.4% from
2014 to 2020.
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/kaolin-market
Further key findings from the study
suggest:
• Rising concern regarding environment protection
is expected to drive demand for eco-friendly packaging materials such as paper,
which would aid kaolin market growth over the forecast period.
• Asia Pacific was the largest kaolin market with revenue exceeding USD 1.5 billion in 2013. Construction industry growth in India, China and Indonesia is expected to have a positive impact on the market.
• Growing application scope of kaolin in non-traditional applications such as rubber, plastics, and pharmaceuticals is anticipated to open new opportunities for the market.
• Global kaolin market is fragmented in nature owing to the presence of numerous manufacturers across the world. Large kaolin deposits are found in the U.S. resulting in high market concentration in the region. Key market participants include Thiele Kaolin, Imerys SA, I-Minerals Inc., Quarzwerke GmbH, SCR-Sibelco N.V. and KaMin LLC. Kaolin market is characterized by frequent merger & acquisition activities. For instance, in May 2014, Imerys S.A. entered into a strategic alliance with Nedmag to cater to the pulp & paper industry of Europe. In 2013, Quarzwerke GmbH bought a major stake in Kaolin AD; a Bulgaria based mineral extracting and processing company.
• Asia Pacific was the largest kaolin market with revenue exceeding USD 1.5 billion in 2013. Construction industry growth in India, China and Indonesia is expected to have a positive impact on the market.
• Growing application scope of kaolin in non-traditional applications such as rubber, plastics, and pharmaceuticals is anticipated to open new opportunities for the market.
• Global kaolin market is fragmented in nature owing to the presence of numerous manufacturers across the world. Large kaolin deposits are found in the U.S. resulting in high market concentration in the region. Key market participants include Thiele Kaolin, Imerys SA, I-Minerals Inc., Quarzwerke GmbH, SCR-Sibelco N.V. and KaMin LLC. Kaolin market is characterized by frequent merger & acquisition activities. For instance, in May 2014, Imerys S.A. entered into a strategic alliance with Nedmag to cater to the pulp & paper industry of Europe. In 2013, Quarzwerke GmbH bought a major stake in Kaolin AD; a Bulgaria based mineral extracting and processing company.
Browse All Reports of
this category @ http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
For the purpose of this study, Grand
View Research has segmented the global kaolin market on the basis of product,
application and region:
Global
Kaolin Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 -
2020)
• Paper
• Ceramics
• Paint
• Fiberglass
• Rubber
• Others
Global
Kaolin Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
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James
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Sales Specialist, U.S.A.
Grand
View Research, Inc.
United
States
Phone: 1-415-349-0058
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Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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