Kaolin Market Trends, Issues, Challenges, Forecasts, Competition Analysis, and Companies involved.
The global kaolin market size is
projected to reach USD 5,833.5 million
by 2027, exhibiting a CAGR of 5.1%
during the forecast period. Rising awareness about the benefits of china clay
in skincare applications will be a prominent growth determinant for this
market, states Fortune Business Insights™
in its report, titled “Kaolin Market
Size, Share &COVID-19 Impact Analysis, By Application (Paper, Ceramic &
Sanitary Ware, Fiberglass, Paints & Coatings, Rubber, Plastics, and
Others), and Regional Forecast, 2020-2027”. For ages, clay has been known
to fight skin-harming developments, such as acne. The increasing pollution
levels, adoption of unhealthy diet regimes, and constant stress have had severe
impacts on general health and skin in particular. Kaolin, or china clay, has
emerged as one of the potent acne and oily skin-fighting formulations in recent
times. For example, according to experts at the Mount Sinai Hospital in New
York, china clay can absorb excess oil without drawing away too much of the
skin’s moisture. Thus, people with inherently dry skin or sensitive skin can
apply it without worrying about dryness. Further, research at Mount Sinai also
showed that green kaolin clay, derived from plant matter and iron oxide, sucks
out the dirt and bacteria that cause acne while removing excess oil. With the
cosmetics & personal care industry growing rapidly worldwide, the
employment of china clay in skincare products is likely to rise in the near
future.
As per the report, the global kaolin
market growth value was at USD 4,168.8 million in 2019. The top highlights of the report
include:
·
Detailed examination of the major market
trends, drivers, and constraints;
·
In-depth evaluation of all segments of the
market;
·
Exhaustive study of the leading players and
their strategies; and
·
Granular analysis of the regional developments
influencing the market.
Restraining
Factor
COVID-19
to Negatively Impact the Paper Industry, Stall Market Growth
The COVID-19 pandemic outbreak has
dealt notable blows to the paper industry as a result of lockdowns, supply
chain disruptions, trade restrictions, and economic downturn. According to a
study published by North Carolina State University, certain types of paper
products have suffered because of the pandemic. For example, the demand for
printing paper and copier paper has noticeably shrunk due to the shutdown of
colleges and universities worldwide. In India, the Indian Paper Manufacturers
Association stated in August 2020 that since March, paper supply chains have
undergone widespread upheavals and are still in recovery mode. Moreover, the
closure of educational institutions and commercial establishments has further
diminished the demand for paper, intensifying the downturn of the domestic
paper industry. Kaolin is the most widely utilized mineral in the filling and
coating of paper, and with the paper industry getting hit by the coronavirus,
the growth of this market will inevitably get stalled.
Regional
Insights
Asia
Pacific to Spearhead the Market Supported by Speedy Economic Development
Asia Pacific is expected to lead the
kaolin market share during the forecast period owing to the remarkable economic
growth displayed by countries such as China and India. This growth has
augmented the demand for high-end household consumer goods, where china clay is
commonly used. The rapid expansion of the middle-class population in the region
will also accelerate the growth of the regional market. In 2019, the Asia
Pacific market size stood at USD 1,086.9
million.
In Europe, the heightened demand for
packaged food and beverage items amid the COVID-19 pandemic has fueled the
uptake of kaolin in the region’s food & beverage industry. On the other
hand, in North America, technological advancements in the paper and packaging
industries will stoke the regional market.
Browse
summary:
https://www.fortunebusinessinsights.com/kaolin-market-102352
Competitive
Landscape
Rising
Costs to Force Key Players to Raise Product Prices
With the demand for high-performance
raw materials soaring across various end-user industries, key players in the
china clay market are engaged in the development of innovative offerings.
However, the costs associated with the production of such materials are
escalating worldwide. As a result, several companies are being forced to
increase the prices of their products.
List of
Key Companies Profiled in this Market Report:
·
20 Microns (Gujarat, India)
·
I-Minerals lnc. (Vancouver, Canada)
·
Quarzwerke GmbH (Frechen, Germany)
·
Thiele Kaolin Company
(Georgia, U.S.)
·
Sibelco (Antwerp, Belgium)
·
Ashapura Group(Maharashtra, India)
·
Imerys S.A. (Paris, France)
·
W. R. Grace & Co. (Columbia, U.S.)
·
Sedlecký kaolin a. s. (Božičany, Czech
Republic)
·
LASSELSBERGER Group (Budapest, Hungary)
·
KaMin LLC (Georgia, U.S.)
·
EICL Limited (Delhi, India)
·
BASF SE (Ludwigshafen, Germany)
Industry
Development:
·
December
2020: KaMin LLC and CADAM SAannounced that they would be increasing the
price of their kaolin performance minerals by 4% to 9% in the global markets
from January 2021. According to the company, the price rise is unavoidable as
it needs to offset the growing costs related to logistics and mining operations
and to comply with the environmental requirements.
Request a sample PDF ( includes
COVID-19 Impact Analysis):
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/kaolin-market-102352
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