Kaolin Market Size Analysis, DROT, PEST, Porter’s, Region & Country Forecast Till 2030


Overview: 

The global market report discussing the growth of the kaolin market size reveals a possibility for the market to make a leap from USD 4.68 bn valuation in 2018 with a 4.1% CAGR during the forecast period.

 Market Research Future (MRFR) identifies several market influencers and among them, the paints and coatings industry is expected to change the market scenario. Its application to prevent abrasion is getting lauded by various end user industries. The market is on a path to receive some solid backing from segments like the ceramic industry and the paper & pulp sector.

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Global Kaolin Market: Segmental Analysis

The global kaolin market has been segmented on the basis of grade, type, and application.

By type, the kaolin market is segmented into natural and synthetic.

The grade segment comprises hydrous, calcined, pulverized, surface modified, and others.

By application, the market is segregated into ceramics, paper, fiberglass, paints & coatings, construction, pharmaceuticals, plastics, rubber, and others. Of these, the paper segment is predicted to gain prominence in the long run. Soaring use of kaolin as filler is predicted to drive the segment as it is cheaper than conventional wood paper filler. It is also used as a paper coating in order to enhance smoothness, gloss, and printability. These factors are fueling the market growth in the paper segment.

Regional Analysis:

The global kaolin market, by region, has been segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific is presumed to hold a dominant share of the global market over the assessment period. The ongoing trend of high demand for kaolin from the paper industry is expected to drive the demand generation for kaolin across the next couple of years. Asia accounts for nearly half of the global output of board and paper, which is projected to aid the expansion of the kaolin market in the region.

North America signifies strong opportunities expected to be capitalized on over the next few years. The major end-user industries poised to ensure tremendous demand creation in the kaolin market include cement, paper packaging, etc. Meanwhile, Latin America’s competitive landscape resonates positive growth potential owing to the thriving construction sector.

Europe is forecasted to witness accelerated revenue creation owing to the growth avenues opened by the expansion of the production of concrete, biodiesel, and paints & coatings. Furthermore, the proliferation of kaolin market in the Middle East & Africa can be ascribed to the drastic increase in the infrastructural projects undertaken in the GCC countries.

 Competitive Analysis

The growth trends have been revised in tandem to the customer tastes to achieve major development, and in the long run, productivity. The variation in the services and products is the chief factor intensifying the market's efficiency and controlling the trends that are acquiring distinction in the market. The variety witnessed in terms of strategy creation and execution is changing the development pace of the market. The influential success factors and players’ preferences are slowly but surely mounting by the strategies being used by market contenders. The state of affairs regarding growth plans has stimulated the market for potential new entrants. The expansion of the market is based on the drivers that are drastically altering the market backdrop.

The frontrunners in the market are 

I-Minerals
Inc. (Canada)
Thiele Kaolin Company (U.S.)
Imerys (U.S.)
BASF SE (Germany)
Quarzwerke GmbH (Germany)
Kaolin AD (Bulgaria)
KaMin LLC. (U.S.)
Sibelco (Belgium)
LB MINERALS
LTD (Czech Republic)
and AKW Ukrainian Kaolin Company (Ukraine).

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Industry News:

In January 2019, Tellus, an Australian firm, has announced that it has been granted approvals for beginning construction of kaolin mining operation in Western Australia.

In October 2018, KaMin LLC, a manufacturer of high quality hydrous and calcined kaolin, has announced the increase in the price of its products to be brought in effect from January 2019.

In October 2018, Australian innovator Altech Chemicals Ltd. received a patent for its production process of high-purity alumina (HPA) from kaolin.

In March 2018, the wholly-owned Bulgarian subsidiary of Germany’s Quarzwerke GmbH, Kaolin, has announced its plan of investing USD 37 Mn for setting up a new processing plant in the country's northeast. The construction is set to begin in 2019 and get completed by the end of the second year.

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