Talc Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Report Code: ZMR-4479 | Report Format : | Status : Upcoming |

Abstract

Global Talc Market: Overview

Talc is a kind of clay mineral substance comprising of hydrated magnesium silicate. It is in powder form and is found in the mixture with corn starch. Talc finds extensive application as the baby powder across the globe. The product finds lucrative applications in ceramics, cosmetic items, and paints & roofing materials.

Global Talc Market: Growth Factors

Escalating use of the product in paints & coatings, pharmaceuticals, plastics, ceramics, personal care & cosmetics, paper & pulp, pharmaceuticals, and food will impel the market trends. Talc powder helps in raising creep resistance, rigidity, impact resistance, thermal conduction, chemical resistance, and stiffness in vehicles, household equipment, electronic & electrical, and engineering plastics.  Additionally, the market is likely to gain traction over the years with its wide commercial utilization due to its luster, purity, softness, retention of fragrance, and whiteness.

Moreover, burgeoning demand for lightweight plastic components of vehicles made from talc reinforced polypropylene to enhance vehicle performance, fuel efficacy, and durability will impel the business scope. Beneficial features such as corrosive resistance and resistant against abrasiveness is anticipated to make talc more popular across the globe. Apart from this, the population explosion witnessed in the emerging economies along with rise in the per capita income of middle income group population in these economies has transformed into lucrative demand for consumer items like ceramics, pharmaceuticals, and ceramics. This will propel the product demand. In addition to this, the thriving manufacturing as well as service sectors will propel the market growth.

Global Talc Market: Segmentation

The talc market can be sectored into deposit type and end-use industry. On the basis of deposit type, the industry can be segmented into talc chlorite and talc carbonate. Based on the end-use industry, the talc industry can be segregated into plastics, food, ceramics, pharmaceuticals, pulp & paper, paints & coatings, and personal care & cosmetics.

Global Talc Market: Regional Analysis

Region wise, the talc market can be divided into five main regions: Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. Asia Pacific region is likely to contribute notably toward the overall talc industry with the thriving manufacturing and infrastructural sector. With humungous presence of mineral and chemical manufacturing firms in the region as a result of cost-effective production facilities, the market is anticipated to gain traction over the years to come. Country like China is the global leader in white talc production and is also a supplier of talc to other countries. Moreover, escalating growth witnessed in automotive and household sectors in the countries such as Italy, France, and the UK will boost the market trends in Europe.

Furthermore, North America and Latin American regions have huge market growth potential and are likely to exhibit incredible surge over the forthcoming years.

Global Talc Market: Competitive Players

Few of the main participants in talc market are Pingdu  Mine Industrial, BeiHai Group, Liaoning Qian He, Haicheng Xinda Mining, Golcha Minerals, Hayashi-Kasei,  Mondo Minerals, Magnesita,HuaMei Development, IMI FABI, Imerys, Minerals Technologies, Liaoning AIHAI, Longsheng Huamei,  American Talc Company, Haicheng Tianhe Chemistry Industry, Nippon, Guilin Guiguang , Nippon, Liaoning AIHAI, Xilolite, Hayashi-Kasei, Guangxi Longguang,  and Specialty Minerals.

Global Talc Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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