Trusted Business Insights presents the Updated and Latest Study on Kaolin Market 2019-2025. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
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Abstract, Snapshot, Market Analysis & Market Definition: Kaolin Market
Industry / Sector Trends
Kaolin Market size was valued at over USD 4.5 billion in 2015 and will witness gains more than 4% CAGR by 2024. Metakaolin Market size was roughly around USD 100 million in 2015 and is projected to observe growth close to 4.5% over the estimated timeframe.
U.S. Kaolin Market size, by application, 2013-2024 (USD Million)
Positive growth indicators in the end-user industries including ceramics, construction, paper, paints & adhesives and plastics in the past few years is analyzed to be the major factor propelling the overall kaolin market size. The product due to its superior opacity, chemical inertness, non-abrasive texture and flat particle shape is suitable to finds widespread applications in the ceramic, paints and adhesives industry. In addition, metakaolin, particularly due to its high thermal stability is broadly used in applications such as concrete and mortar.
The product is widely used in the plastic industry to enhance its electrical performance, durability and strength. Escalating plastic and polymer business in trend towards replacing metal and steel with light weight products will substantially boost the kaolin market size in the near future. Furthermore, the product is also in the rubber such as SBR, EPDM and neoprene to magnify its electrical and mechanical traits. Increasing demand of these rubbers in tire manufacturing along with increasing automotive manufacturing and sales will positively boost the kaolin & metakaolin market share by 2024. However, declining print media demand in North America and Europe on account of increasing consumer awareness towards electronic media may hamper industry growth in the near future. In addition, the product faces prominent substitute threat in paper applications from calcium carbonate, which may negatively impact on the industry growth.
Market Segmentation, Outlook & Regional Insights: Kaolin Market
Kaolin Market, By Application
The global kaolin market size for paper applications led the overall industry in 2015 and is likely to observe prominent gains close to 3.5% by 2024. The product is majorly used in the paper applications as a particulate mineral in filling and coating. It enhances its appearance, gloss, printability, brightness, opacity and smoothness. Enormous paper demand in Asia Pacific and Latin America for media and advertisement will positively influence the business growth by 2024.
The global kaolin market size for ceramic applications is projected to experience maximum growth more than 4.5% CAGR in terms of volume. The product is majorly used in the ceramic tiles manufacturing to enhance its thermal resistance. Escalating construction industry has substantially increased ceramic tiles demand for flooring and wall applications, owing to push the overall industry size in the near future. Furthermore, robust growth in the flooring industry particularly due to improving consumer lifestyle dynamics will complement the business growth by 2024.
Metakaolin Market, By Application
Concrete led the overall metakaolin market share in 2015. The product is majorly used in concrete to enhance its splitting tensile, compressive strength and flexural strength. Concrete is an essential product used in the construction industry. therefore, strong growth in the construction industry will subsequently boost the industry growth by 2024. In addition, metakaolin market size for mortar applications is likely to observe growth close to 4% between 2016 and 2024.
The product is majorly used in the construction materials such as paints & adhesives, ceramic tiles, concrete and mortar. Therefore, robust growth indicators in the construction industry in the past few years will positively influence the kaolin market size by 2024. For instance, the global construction spending in 2013 was roughly around USD 7 trillion and is projected to exceed USD 13 trillion by 2024.
The construction industry is primarily driven by increasing government investments towards enhancing their public infrastructure along with upcoming residential and commercial projects. In addition, increasing consumer spending capacity, has substantially driven ceramic tiles demand for aesthetic floor and walls. This trend shall further complement business size over the estimated timeframe.
Kaolin & Metakaolin Market, By Region
North America kaolin market size was close to USD 1 billion in 2015. Positive growth indicators in the regional construction industry post 2008 economic turmoil along with increasing residential remodeling practices in the U.S. has positively influence the product demand. Furthermore, drifting consumer focus towards replacing wood floors with ceramic tiles, particularly due to its easy installation, aesthetic appearance and superior characteristics will complement industry size in the coming years. In addition, North America accounts for more than 20% of the global metakaolin market share in 2015.
Asia Pacific led the global kaolin market size in 2015 and is projected to expand with highest growth of over 4.5% between 2016 and 2024. The regional growth is primarily driven by escalating construction industry in China, India and Japan. Furthermore, improving consumer lifestyle dynamics in the region, which results in growing end-user industries such as automotive will complement the regional industry size over the estimated timeframe.
Key Players, Recent Developments & Sector Viewpoints: Kaolin Market
The global kaolin market share was moderately consolidated with top five product manufacturers holding roughly around 40% of the overall industry share in 2015. Some of the industry share contributor includes BASF SE, Imerys SA, Daleco Resources Corporation, I-Minerals Inc., Kaolin AD, KaMin LLC, SCR-Sibelco N.V, LB Minerals Ltd, Quarzwerke GmbH, Thiele Kaolin Company, Vale SA, Stephan Schmidt KG, Morien Resources Corporation, Lasselsberger GmbH and Xatico SÃ rl.
Key players in the industry are involved in strategic mergers and acquisitions in order to strengthen their presence. For instance, in 2014, Imerys S.A and Nedmag entered in a collaboration. In addition, key industry share contributors including Imerys, KaMin and BASF have presence across multiple stages in the industry ecosystem, which them in holding a substantial share in the business.
Kaolin & Metakaolin Market Industry Viewpoint
Kaolin (China clay) offers value added characteristics such as opacity, chemical inertness, non-abrasive texture and flat particle, which makes it suitable in widespread industrial application spectrum such as ceramic, rubber, fiberglass and paper. Robust growth in these abovementioned industries is the major factor contributing the overall business growth. Increasing product demand in construction material and automotive parts such as tire manufacturing will further complement business growth by 2024. Asia Pacific accounted for the maximum share in the global kaolin and metakaolin industry. Strong growth in China and India construction industry was the major factor influencing the regional growth
Key Insights Covered: Exhaustive Kaolin Market
1. Market size (sales, revenue and growth rate) of Kaolin industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Kaolin industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Kaolin industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Kaolin industry.
Research Methodology: Kaolin Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.
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This post was originally published on Downey Magazine