Talc Market Size, Share, Trends, Growth Report and Forecast 2028

Talc Market: Industry Perspective

The Global Talc Market Size, which accrued revenue worth 2.57 (USD Billion) in 2019 and is anticipated to garner earnings of about 4.10 (USD Billion) by 2025, is set to grow at a CAGR of nearly 5.2% during the period from 2019 to 2025. The report offers a valuation and analysis of the Talc market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Request Free Sample

Talc Market: Outlook

Talc is a type of clay mineral comprising hydrated magnesium silicate. Furthermore, it is available in powdered form and is also found in the corn starch blend. Apparently, it is majorly utilized as baby powder and is referred to as talcum powder. The powder is utilized as a lubricant and thickening agent. Moreover, the product finds a spectrum of applications in paint & roofing and ceramics. It is a key ingredient that is utilized in myriad cosmetic items.

Talc Market: Growth Drivers

The expansion of the talc industry over the forecast timeline is due to its ability to resist extreme temperatures, power supply, and acid absorption. Apart from this, the product also imparts softness to minerals and has the ability to retain purity, fragrance, and white color. This, in turn, will prop up the growth of the talc industry over the years ahead. Apparently, the humungous use of talc in paint & coatings, personal care & cosmetics, ceramics, pharmaceuticals, paper & pulp, plastics, and food will proliferate the talc market size in the ensuing years.

Furthermore, humungous demand for lightweight plastic parts of automobiles produced from talc-reinforced polypropylene for improving vehicle performance as well as its fuel efficiency & durability will drive market trends. Favorable product features such as rust resistance and abrasiveness resistance will drive the business landscape over the upcoming years.

Asia Pacific Talc Market To Witness Remarkable Growth By 2025

The expansion of the talc industry in the Asia Pacific over the forecast period is attributed to the presence of a large number of reputed talc producers in the region. In addition to this, rapidly expanding infrastructure is anticipated to create new growth avenues for the talc market in the sub-continent over the assessment period. Many minerals, as well as chemical manufacturers, have set up their units in the sub-continent and this will pave the business space in the Asia Pacific in the upcoming years. With countries such as China being the largest supplier of white talc, the talc market in the region is anticipated to gain traction over the years ahead.

Key participants profiled in the study include Nippon Talc, Imerys, Minerals Technologies, IMI Fabi, Mondo Minerals, and Golcha Minerals.

To know more about this report, request a sample copy.

Global Talc Market Report Scope:

The global talc market is segmented as follows:

Based on Deposit Type:

• Talc Carbonate

• Talc Chlorite
• Others

Based on the End-use Industry:

• Pulp & Paper
• Plastic Industry
• Ceramics
• Paints & Coatings
• Cosmetics & Personal Care
• Pharmaceuticals
• Food
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of The Middle East & Africa