Market Synopsis:
Kaolin Market, an aluminous clay in extensively used in the manufacturing of a range of products such as paper, fiberglass, ceramics, paints & coatings, plastics, rubber, and cement that cater to the various end-use industries such as automotive, electricals & electronics construction, and pharmaceuticals. Besides, kaolin is used in the making of high purity alumina (HPA), which witnesses a greater demand due to its properties that make lithium-ion batteries fire resistant.
HPA is also used in the manufacturing of LED lights, smartphone screens, and surgical tools. It is needless to say that Kaolin garners a lot of attention in the market creating a massive demand from the various key industries, which as a result, not only increases the market size but also escalates its market on the global platform.
Acknowledging the colossal traction, the market is gaining; currently, Market Research Future (MRFR) in its recently published study report asserts that the revenue contribution of the Kaolin market is expected to increase by a substantial growth by 2023, registering a phenomenal CAGR during the forecast period (2017 to 2023).
Kaolin is witnessing a constant growth in the demand due to the increasing demand for electronic fiberglass, worldwide, due to the rising applications, from mobile phones and home appliances to cars and trucks. Kaolin is also used in the production of biodiesel which is in demand due to the increasing environmental concerns and need for reduction of carbon emissions. These are key application areas which are projected to propel the market growth further.
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Also, the US FDA identifies Kaolin as a food additive which is offering numerous opportunities for the product in the food & beverage industry. Moreover, Favorable regulations from EU Regulation 1169/2011 and India Food Safety & Standards will drive the growth of the market in the years to come, creating new opportunities. Simultaneously, the increasing use of kaolin in pharmaceuticals and personal care products due to its absorptive capacity and antibacterial nature is fostering the market demand, positively.
On the other hand, factors such as the availability of substitute materials such as titanium dioxide and talc are posing challenges in the growth of the market. Also, some regulators such as NIOSH and OSHA that have identified the product as a cause for cumulative lung damage when inhaled are impeding the growth of the market, restricting its use. Nevertheless, the enormous demand and widening application areas of Kaolin are some of the key driving forces that are estimated to support the growth of the market.
Global Kaolin Market: Segmental Analysis
For ease of understanding, the market has been segmented into four key dynamics: -
By Type : Natural and Synthetic.
By Grade : Calcined, Hydrous, Pulverized, and Surface Modified among others.
By Application : Paper, Fiberglass, Ceramics, Paints & Coatings, Plastics, Rubber, Construction, and Pharmaceuticals among others.
By Regions : North America, Asia Pacific, Europe, and the Rest-of-the-World.
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Regional Frontiers
The Asia Pacific region, heading with the high use of the product in the paper packaging industry, is expected to continue with its dominance over the global Kaolin market. Additionally, factors such as the high exports and packaging of automotive, electronics and consumer goods have allowed the region to acquire the largest share in the market in terms of both, value and volume.
Moreover, the increasing demand for kaolin from the cement manufacturing industry and pharmaceuticals are other crucial driving forces, pushing up the APAC market on the global platform. Furthermore, high penetration of the paints & coatings industry in rapidly developing countries such as China, Japan, India due to the increased sales in electrical & electronics, automotive, and pharmaceuticals is likely to influence the growth in the region.
The Kaolin market in North America accounts for the second-largest market, globally. The presence of key automobile companies such as General Motors, Ford, and Fiat Chrysler, positively impacts the market growth in the region, increasing the demand for paints & coatings.
Additionally, the increasing uptake of the product led by the high demand from the various burgeoning industries such as paper packaging, cement manufacturing, electrical & electronics, and pharmaceutical, propels the growth of the market in the region.
The Europe Kaolin market has become one of the promising markets, globally. Factors substantiating the demand and growth in the market include the growing applications of the product in some of the burgeoning end-user industries like electrical & electronics, automotive and pharmaceutical. Furthermore, the augmenting demand for kaolin in the production of biodiesel, concrete, and paints & coatings will contribute to the regional market, majorly.
Competitive Analysis
The growth trends have been revised in tandem to the customer tastes to achieve major development, and in the long run, productivity. The variation in the services and products is the chief factor intensifying the market's efficiency and controlling the trends that are acquiring distinction in the market. The variety witnessed in terms of strategy creation and execution is changing the development pace of the market. The influential success factors and players’ preferences are slowly but surely mounting by the strategies being used by market contenders. The state of affairs regarding growth plans has stimulated the market for potential new entrants. The expansion of the market is based on the drivers that are drastically altering the market backdrop.
The frontrunners in the market are
I-Minerals
Inc. (Canada)
Thiele Kaolin Company (U.S.)
Imerys (U.S.)
BASF SE (Germany)
Quarzwerke GmbH (Germany)
Kaolin AD (Bulgaria)
KaMin LLC. (U.S.)
Sibelco (Belgium)
LB MINERALS
LTD (Czech Republic)
and AKW Ukrainian Kaolin Company (Ukraine).
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The global Kaolin Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the kaolin market include LB MINERALS Ltd., Sibelco N.V.,BASF SE, Thiele Kaolin Company, I-Minerals, Inc., Maoming Xingli Kaolin Co., Ltd., Quarzwerke GmbH, KaMin LLC, Imerys S.A., and Guangdong Highsun Yongye Group Co., Ltd.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Kaolin Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/kaolin-market/download-sampleMarket DynamicsThe rising usage of high-grade water-washed kaolin in ceramics has witnessed the major factor driving the Kaolin market.
The suitable properties of kaolin such as brightness, whiteness, opacity, gloss, film strength, and viscosity make it perfect to be used as filler in the bulk of the paper and for the coating of paper, which leads to high market demand from the paper industries.
The rapidly expanding construction sector is stimulating high market demand in the forecast period.
The current report on the Kaolin Market provides a comprehensive assessment of the business vertical and offers a comprehensive overview of the industry along with its key segments.
The study includes an accurate estimate of the current industry scenario along with the market size, market volume, and revenue garnered by the industry.
The report delivers radical data about the competitive landscape of the Kaolin industry and a thorough bifurcation of the regions where the Kaolin market has established a significant footing.
(Czech Republic),.KaMin LLC (US), Thiele Kaolin Company (US), EICL Ltd. (India), SCR-Sibelco (Belgium), BASF (Germany), Imerys (France), Ashapura Group (India), Lasselsberger Group (Hungary), Quarzwerke GmbH (Germany) and others.
The market is categorized on the basis of the types into Synthetic, Natural and others.
Based on application, the Kaolin market is segmented into Paper, Ceramics & Sanitary wares, Fiberglass, Paints & Coatings, Rubber, Plastics and others.
5th October, 2018- Kaolin Market is segmented on the basis of application and region.
Kaolin is a naturally occurring substance generally found in soils that have developed from the chemical weathering of rocks in moist and hot climates.
It is also termed as “White clay”, “China Clay”, “White Cosmetic clay”, Kaolinite clay, “Hydrated Aluminum Silicate”, amongst the other names.
It is an essential ingredient in the production of porcelain and widely used in the making of paper.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/kaolin-market/request-sampleThe paper industry accounted for the largest market share of the Kaolin Market and is expected to remain dominant over the forecast period.
As kaolin improves printability and appearance and hence is increasingly used in the paper industry.
Moreover, it is used by the paper industry as a filler reducing cost and the use of three-based resources.
