The Global Kaolin Market was valued at US$ 4.8 billion and is expected to grow at a CAGR of 5% through 2030. Kaolin is extensively used across multiple industries for improving the properties of natural and synthetic composite. The major applications of kaolin are observed across paper, ceramics, paint & coatings, and rubber manufacturing.
Paper processing is the leading applications of kaolin wherein kaolin is used to improve smoothness, gloss, ink absorption, and brightness of paper. With rising demand for paper across emerging countries, the paper production has increased significantly during past decade. This has fueled the growth of the global kaolin market and is anticipated to drive the growth of market during the forecast period. Rising demand for high quality ceramic wares, fiberglass, specialty chemicals, and reinforced rubber is expected to drive the growth of the global kaolin market during the forecast period.
The global kaolin market is moderately consolidated with leading players dominating the global market in terms of kaolin production. The top 10 kaolin producers hold around 55% of the global kaolin market and are focusing towards expanding business operations through mergers and acquisitions across the globe. This has intensified the competition in the market and is expected to contribute towards the growth of the global kaolin market during the forecast period.
Asia Pacific contributed a dominating share to the global kaolin market in terms of revenue and volume in 2019 and is expected to be a dominating geography throughout the forecast period.
Expansion of paper manufacturing, ceramic ware manufacturing and increased investment in development of sustainable materials for automotive industry are the major factors influencing the growth of the Asia Pacific kaolin market. China dominated the regional demand owing to expanding paper and ceramic manufacturing across the country and is anticipated to grow at a CAGR of 5.3% in terms of revenue during the forecast period.
North America contributed the third largest share to the global kaolin market in 2019, with the United States being the major contributor. The United States is one of the largest producers of kaolin with major mining operations of kaolin located across the state of Georgia and is a leading exporter to countries across Europe and Asia.
Kaolin Market Volume Share Analysis, by Geography (2022)
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The report titled “Kaolin Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global kaolin market.
Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market. For instance, BASF SE generated a revenue of US$ 67,027.1 Mn in 2019 and the business segment analysis of the company indicates that Surface Technologies business segment of the company dominated revenue in 2019.
The global kaolin market is segmented on the basis of application, and geography. Based on application, the global kaolin market is segmented into paper, fiberglass, ceramics, plastics, paints & coatings, rubber, and others (agriculture, healthcare, etc.). Based on geography, the global kaolin market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Indonesia, Australia, Thailand, Taiwan, Pakistan, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
Major players active in the global kaolin market include Ashapura Group, BASF SE, EICL Limited, Imerys, KaMin LLC. / CADAM, LB MINERALS Ltd., Quarzwerke GmbH, Sibelco N.V. (SCR Sibelco), Thiele Kaolin Company, and WA Kaolin Limited.
Market Segmentation:
By Application
By Region
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The global Kaolin market segmented on the basis of application, and geography
Key Kaolin market players are include Ashapura Group, BASF SE, EICL Limited, Imerys, KaMin LLC. / CADAM, LB MINERALS Ltd., Quarzwerke GmbH, Sibelco N.V. (SCR Sibelco), Thiele Kaolin Company, WA Kaolin Limitedand others.
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