Global Talc (Talc Carbonate, Talc Chlorite) Market 2018-2023 - Key Players are Imerys, Mondo Minerals, Minerals Technologies, IMI Fabi, Golcha Minerals & Nippon Talc
Among regions, Asia Pacific is projected to lead the talc market in terms of value.
DUBLIN, Aug. 14, 2018 /PRNewswire/ --
The "Talc Market by Deposit Type (Talc Carbonate, Talc Chlorite), End-use Industry (Plastics, Pulp & Paper, Ceramics, Paints & Coatings, Cosmetics & Personal Care, Pharmaceuticals, Food) and Region (Asia Pacific, North America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global talc market is projected to grow from an estimated USD 2.68 billion in 2018 to USD 3.35 billion by 2023, at a CAGR of 4.6% from 2018 to 2023.
Among regions, Asia Pacific is projected to lead the talc market in terms of value. The growth of the Asia Pacific talc market can be attributed to rapid industrialization, growth of the automotive sector, and increasing demand for talc from the cosmetics & personal, ceramics, paints & coatings, and pharmaceuticals end-use industries in the region.
The talc carbonate segment is projected to be the largest deposit type segment of the talc market from 2018 to 2023. Talc carbonate ores are processed to remove associated minerals to produce pure talc concentrate. Talc carbonate ores are generally found in metamorphic ultramafic rocks.
The plastics segment is estimated to be the largest end-use industry segment of the talc market in 2018. Talc is used as an anti-blocking agent in polyethylene and helps restore mechanical properties of recycled plastics. Talc is also used as a nucleating agent in biopolymers and semi-crystalline polymers. In the automotive industry, the use of talc in polymer compounds helps stabilize fenders and develop dashboards that are highly scratch-resistant. Talc also increases the modulus of elasticity, impact resistance, dimensional stability, color consistency, scratch resistance, creep strength, and low abrasion in plastic components.
The Asia Pacific is expected to be the fastest-growing market for talc during the forecast period. The growing middle-class populations with high disposable incomes and increasing demand for consumer goods and consumer durables are major factors contributing to the growth of the talc market in this region.
Slow growth of the pulp & paper industry, and lawsuits filed against the production and use of talc are the key restraints in the talc market.
Key players operating in the talc market include Imerys (France), Mondo Minerals (Netherlands), Minerals Technologies (US), IMI Fabi (Italy), Golcha Minerals (India), and Nippon Talc (Japan), among others. These companies focus on enhancing their product portfolios to grow in the talc market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
3.1 Talc Market, By Deposit Type
3.2 Talc Market, By End-Use Industry
3.3 Talc Market, By Region
4 Premium Insights
4.1 Attractive Opportunities in Talc Market
4.2 Talc Market, By Region
4.3 Asia Pacific Talc Market, By End-Use Industry & Country
4.4 Talc Market, By Deposit Type & Region
4.5 Top Countries in Talc Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Demand for Talc From the Automotive Industry
5.2.1.2 Rapid Industrialization and Increased Disposable Income of the Middle-Class Population of Emerging Economies
5.2.2 Restraints
5.2.2.1 Guidelines Regulating the Production and Use of Talc
5.2.2.2 Slow Growth of the Pulp & Paper Industry Due to Digitization
5.2.2.3 Easy Availability of Substitutes
5.2.3 Opportunities
5.2.3.1 R&D Activities for the Development of New Grades of Talc
5.2.3.2 Increased Demand for Talc From the Asia Pacific Region
5.2.4 Challenges
5.2.4.1 Lawsuits Filed Against the Production and Use of Talc
5.3 Porter's Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Threat of New Entrants
5.3.3 Threat of Substitutes
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Annual GDP Growth Rate of Major Economies
5.4.2 Automotive Industry
6 Talc Market, By Deposit Type
6.1 Introduction
6.2 Talc Carbonate
6.3 Talc Chlorite
6.4 Other Talc Deposits
7 Talc Market, By End-Use Industry
7.1 Introduction
7.2 Plastics
7.3 Pulp & Paper
7.4 Ceramics
7.5 Paints & Coatings
7.6 Cosmetics & Personal Care
7.7 Pharmaceuticals
7.8 Food
7.9 Others
8 Regional Analysis
9 Competitive Landscape
9.1 Overview
9.2 Market Ranking Analysis
9.3 Competitive Situations & Trends
9.3.1 New Product Launches/Developments
9.3.2 Acquisitions
9.3.3 Agreements
9.3.4 Expansions
10 Company Profiles
- Arihant Minchem
- Gohar Syndicate
- Golcha Minerals
- Guangxi Guilin Longsheng Huamei Talc Development Company
- Haichen Minchem Co
- Haicheng Xinda Mining Industry
- Hayashi Kasei
- IMI Fabi
- Imerys
- Jai Vardhman Khaniz
- Laizhou Talc Industry Corp
- Laizhou Yudong Talcum Powder
- Liaoning Aihai Talc
- Liaoning Qianhe Talc Group
- Mazhar Minerals
- Minerals Technologies
- Mondo Minerals
- Nippon Talc
- Omar Group
- Sekyung Corporation
- Shandong Province Pingdu Talc Mining
- Sibelco
- Sun Minerals
- Superior Materials
- Xilolite
For more information about this report visit https://www.researchandmarkets.com/research/854jhz/global_talc_talc?w=5
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