Kaolin Market was estimated at USD 4.24 billion in 2021 and is expected to exhibit a compound annual growth rate (CAGR) of 3.7% from 2022 to 2030.
With improvements seen in building projects worldwide in the second half of 2020, the market is beginning to show indications of recovery. The majority of nations in the world list construction as one of their primary sectors, creating a market for goods like paints and coatings, plastic, and ceramics, among others. The kaolin vendors, who noticed a large reduction in new order bookings during the first half of FY 2020, were directly relieved. The United States is one of the world’s top producers of kaolin. According to statistics made public by the United States Geological Survey (USGS) in 2022, the product’s production volume decreased steadily from 2017 to 2020.
The market for kaolin is anticipated to grow steadily as a result of rising demand for ceramic and paper goods as well as growing public awareness of the environmental risks associated with paper manufacturing. Since kaolin has several beneficial qualities, including excellent ink receptivity, smoothens paper, and has the ideal opacity for paper making, it is commonly used.
The look of paper, which is defined by gloss, smoothness, brightness, and opacity, is enhanced by kaolin. Additionally, kaolin increases a number of other characteristics of paper, including ink absorption and ink pigment holdout, low linting tendency, and roughness, all of which improve the paper’s printability. Paper is frequently used in print media and paper packaging. The need for paper packaging was boosted by the expanding e-commerce activity, particularly in emerging nations. As a result, the growing need for paper in packaging and print media is what is causing the paper sector to flourish.
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Major Players in Kaolin market are:
LB MINERALS
KaMin
I-Minerals
Imerys
Quarzwerke
Thiele Kaolin
Kaolin AD
Sibelco
BASF
AKW Ukrainian Kaolin Company
Ashapura Group
Stephan Schmidt Gruppe
Most important types of Kaolin products covered in this report are:
Pink kaolin
Gray kaolin
Brown kaolin
Most widely used downstream fields of Kaolin market covered in this report are:
Paper
Ceramics
Paints & Adhesives
Fiberglass
Rubber
Plastics
Others
Major Regions or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
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At what CAGR is the kaolin market expected to grow over the forecast period?
Which region is expected to be the market leader in the future?
Who are the key players in the market who have a dominant position?
Which segment is expected to provide maximum growth?
What are the key factors driving the kaolin market growth?
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