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Kaolin Market Size 2024 Is Seeking Business Across Emerging Application for Ceramic

Author : Ronak Bora | Published Date : 2019-08-05 

Ceramic applications also consume a considerable portion of kaolin market and is slated to record maximum growth at an annual rate of more than 4.5% in the coming six years. Gain in the overall market can be supported by the rising demand for ceramic tiles in construction industry for flooring and wall applications. For instance, global ceramic tiles industry is estimated to grow significantly at a CAGR of 9% over 2015-2024. This lucrative growth path is expected to provide tremendous business space to kaolin market. Furthermore, growing scope of application in non-conventional sectors as well such as rubber, pharmaceuticals, and plastic manufacturing will allow further penetration of kaolin market, by opening new business opportunities.

Growth in the industries such as paints, plastics, fiberglass, rubber, ceramics, paper and adhesives is propelling the global kaolin market demand. The product finds extensive application in paints, adhesives and ceramic industry owing to its properties such as excellent opacity, flat particle shape, non-abrasive texture, and chemical inertness. On the other hand, metakaolin finds extensive application in mortar and concrete owing to its excellent thermal stability.

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In the plastic industry, the product finds wide applications and is used for strength, durability and electric performance. Replacing metal and bulky materials with light weight and trendy materials is escalating the polymer and plastic industry thus, boosting the global kaolin market substantially.

Considering the Kaolin Market coverage, North America driven by U.S. has a strong hold over the global industry. In 2015, it covered almost 20% of overall kaolin industry share. Growing economy of U.S has played a pivotal role in positively influencing the construction industry. In addition to this, a change in residential renovation trends have resulted in an increasing demand for ceramic tiles, which in a way is equally leaving an impact on the regional kaolin industry growth.

Geographically, growth of Asia Pacific kaolin market is forecast to outpace the global landscape, with the highest annual growth rate of 4.5% over the period of 2016-2024. Driven by China, Japan, and India, the regional market dominated the overall share in 2015. Promising constructional industry growth in this region is acting as a major growth enhancer for the market.

Prominent players operating in the global kaolin & metakaolin market include Kaolin AD, I-Minerals Inc., Daleco Resources Corporation, Imerys SA, BASF SE, Xatico Sarl, Lasselsberger GmbH, Morien Resources Corporation, Stephan Schmidt KG, Vale SA, Thiele Kaolin Company, Quarzwerke GmbH, LB Minerals Ltd, SCR-Sibelco N.V, and KaMin LLC to name a few.

Browse key industry insights spread across 132 pages with 175 market data tables & 14 figures & charts from the report, “Kaolin Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/kaolin-market

Glimpse of Table of Content (ToC)

Chapter 3.     Kaolin & Metakaolin Industry Insights

3.1.    kaolin market segmentation

3.2.    kaolin market size and forecast, 2013 - 2024

3.3.    kaolin market ecosystem analysis

3.3.1.    Vendor Matrix

3.3.2.    Distribution channel analysis

3.4.    Industry impact forces

3.4.1.    Growth drivers

3.4.1.1. Increasing ceramic tiles industry

3.4.1.2. Cumulating concrete & cement demand on account of robust growth in the construction industry

3.4.2.    Industry pitfalls & challenges

3.4.2.1. Product substitute threat in paper applications

3.5.    Growth potential analysis

3.6.    Porter's analysis

3.7.    Company market share analysis, 2015

3.7.1.    Strategic landscape

3.8.    PESTEL analysis

3.9     Regional price trends

3.9.1.    Cost structure analysis

3.9.2.    Kaolin application trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/kaolin-market

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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