Kaolin Market Price Analysis 2020, Size, Share and Global Business Opportunities to 2026

(The Express Wire via Comtex)

The global kaolin market size is expected to gain momentum backed by increasing demand from paper and packaging industry.

Kaolin is a type of white clay that can be obtained naturally as well as manufactured in the laboratory. In addition to this, it is adopted in producing medicines for treating conditions such as cholera and diarrhea in people across the globe. It is applied to prevent bleeding in case of injuries. Kaolin is mined and is commonly found in countries such as Vietnam, Bulgaria, Pakistan, Brazil, France, India, Germany, the United Kingdom, and South Africa, among others. To reduce the extensive adoption of plastics, kaolin is further used as an efficient substitute across several industrial applications such as construction, rubber, and packaging.

In addition to this, growing demand from the construction and cosmetics sector across the globe will propel the market during the forecast period. Fortune Business Insight, publishes this information in its latest report, titled“Kaolin Market Size, Share and Industry Analysis, By Grade (Raw, Hydrous, Calcined, Pulverized, Delaminated, Surface Treated) By Application (Building and Construction, Industrial, Inks and Coatings, Rubber and Plastics, Cosmetics and Personal Care, Paper and Packaging, Others) Others and Regional Forecast, 2019-2026.”

The widespread effects of the novel coronavirus, COVID-19, has resulted in complete disruption in the operations of several business across the globe. The ongoing lockdown called upon by several government agencies to contain the lethal disease has resulted in direct impact for the market as several business are suffering or on the verge of shutdown owing to several factors. However, proactive support from the government in these testing times is likely to positively affect the industries largely.

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What does the Report Include?

The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis and discusses the performance of the market in the major regions across the globe. It includes the competitive landscape that involves leading companies and the strategies adopted by these companies, which have resulted in several novel products as well as major company collaborations. Besides, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

Drivers and Restraints:

Increasing Demand from Paper and Packaging Industry to Bolster Growth

Kaolin is an essential ingredient used in the manufacturing of paper products owing to its several benefits such as its ability to render glossy and bright shine to the paper. Additionally, large kaolin particles are adopted as coatings and fillers to aid in improving the overall paper strength. It is used as a filler to improve the optical properties of the paper and helps to lower down the high costs associated with the use of cellulose fiber and wood. Moreover, by being inexpensive material when compared to several mineral pigments, it is extensively adopted in the paper and packaging industry. Therefore, the increasing adoption of kaolin is expected to propel the demand for the global kaolin market during the forecast period.

Recently, there has been a spike in the cost of the kaolin owing to several restrictions imposed by the government agencies and other environmental activists across the globe that may hinder the market growth to some extent.

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Regional Insights:

High Demand for the Product in Asia-Pacific to Augur Growth

Among all the regions, the market in Asia-Pacific is expected to remain dominant and generate high global kaolin market revenue during the forecast period. This is ascribable to factors such as high demand for the product in countries such as China until 2026. In addition to this, an improving construction industry is likely to bode well for market growth in the region. On the other hand, the market in North America will witness growth owing to growing demand for the product from the plastic industry.

The market in Europe is expected to gain momentum during the projected horizon. This is attributable to factors such as high demand from the personal care product and cosmetics manufacturers between 2019 and 2026.

Competitive Landscape:

Product Expansion Strategies by the Companies to Foster Growth

In March 2019, Active Minerals International LLC announced that it is expanding it Gordon facility by constructing a fifth mill. According to the company, the expansion of its facility is aimed at catering to the increasing demand from the fiberglass manufacturers and consolidating its position in the market. Adoption of strategies such as product expansion, merge and acquisition, and collaboration by the companies is likely to bode well for the global kaolin market in the forthcoming years.

List of the Companies Proliferating in the Market:

  • American Elements
  • Imerys Group
  • Turbov Kaolin Company
  • BASF S.E.
  • Kamin LLC. / CADAM
  • Thiele Kaolin Company
  • Sibelco N.V.
  • LB Minerals, Ltd.
  • EICL Limited
  • Kaolin Techniques Private Limited.
  • Active Minerals International LLC
  • Ashapura China Clay Pvt. Ltd.
  • Shree Ram Minerals

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Press Release Distributed by The Express Wire

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