Kaolin Market

Kaolin Market Size & Growth (2023-2028)

The kaolin market size is predicted to be valued at USD 3.1 billion in the year 2022 and is predicted to reach a value of USD 4.1 billion by the end of the year 2028, with a current CAGR of 5.5% from 2023-2028. Market expansion is primarily driven by an escalating call for kaolin from end-use industries such as paper, ceramics, sanitary ware, and paints and coatings. The escalating call for paper packaging due to e-commerce activities has fueled the need for paper. Strong call for ceramic tiles in the construction sector of emerging and densely populated economies.

Kaolin in paper products improves smoothness and appearance, increases gloss and printability, and reduces abrasion. As an environmentally friendly and easily recyclable solution, paper is widely employed in industries such as packaging and print media in the form of cardboard and glossy paper. Escalating awareness and strict regulations on environmental pollution caused by non-biodegradable packaging are likely to drive the call for paper packaging, which in turn is predicted to increase market expansion in the coming years.

Kaolin Market Trends:

The paper industry is developing rapidly as it is employed in many industrial sectors. Greater awareness of contamination leads to avoiding non-biodegradable products. Being environmentally friendly and easily recyclable, the pulp and paper industry supplies finished products, such as high-gloss paper and cardboard, to high-tech industries, including packaging and print media. The growing call for paper products is driving the market for kaolin due to its application to coating paper to reduce abrasion, improve the appearance, and as a filler, reducing overhead. The worldwide kaolin market is predicted to experience healthy expansion during the foreseen period, of 2019-2026. The main factor driving the expansion of the world market is the escalating call for kaolin as a paper coating and as a raw material for producing ceramics. The escalating use of kaolin in end-use industries such as paper and construction and the healthy expansion of these industries are predicted to support the expansion of the worldwide kaolin market during the foreseen period.

Kaolin Market Drivers:

The main driver of the expansion of the worldwide kaolin market is the escalating call for kaolin in the paper industry. Kaolin offers properties such as gloss, whiteness, opacity, gloss, film strength, and viscosity, making it ideal for coating paper and as a filler in most papers. Kaolin is widely adopted in the production of high-quality ceramics, which is also employed in the formulation of white items such as tableware, sanitary ware, and tiles. In addition, the emergence of new application areas, such as cosmetics and pharmaceuticals, is likely to drive market expansion in the future. Manufacturers develop containers such as boxes, cartons, and trays using cartons such as particle board, fibreboard, solid board, and whiteboards. These containers are employed for packing and shipping. Kaolin is widely employed in the paper industry as a filler and in coatings. The research analysis on the worldwide kaolin market identifies that the escalating call for white kaolin clay from the paper packaging industry will be one of the main factors that will have a positive impact on the expansion of the market. The growing call for high-quality packaging for consumer goods around the world will drive the adoption of kaolin in the packaging industry.

Kaolin Market Restraints:

The availability of potential substitutes is likely to hamper the expansion of the worldwide kaolin market. The COVID-19 outbreak has caused disruptions in production and supply and thus hampered the worldwide market. The slowdown in the North American paper industry is predicted to limit the kaolin market expansion during the foreseen period. The continued evolution toward digital media platforms for news, advertising, and marketing has hampered the call for newsprint in North America in recent years. Additionally, the availability of effective substitutes such as ground calcium carbonates (GCC) and precipitated calcium carbonates (PCC) that can replicate kaolin properties at a lower cost, can hamper product calls to some extent.

KAOLIN MARKET REPORT COVERAGE:

Opportunities in the Kaolin Market:

Focusing more and more on research and development, manufacturers have developed medical and cosmetic grades of kaolin in order to expand their fields of application, which should create significant expansion opportunities for kaolin producers around the world. during the period under review. The product is widely employed in the plastics industry to improve its electrical performance, durability, and strength. The escalation of the plastics and polymers business, which tends to replace metal and steel with lightweight products, will significantly increase kaolin's market share in the near future. One of the main trends that will drive the expansion prospects of the kaolin market during the foreseen period is the expansion of the construction industry due to increased infrastructure and construction activities. The call for kaolin powder is escalating with the growing need for ceramics, as kaolin is employed in ceramics such as sanitary ware and tiles. Kaolin is widely employed by a large number of manufacturers to enhance the characteristics and characteristics of ceramics. The call for kaolin in concrete and mortar will continue to increase due to the thermal stability of metakaolin.

Challenges in the Kaolin Market:

The presence of possible substitutes is likely to hamper the expansion of the world market during the period considered.

Kaolin Market Segmentation:

By Process:

• Water-washed

• Airfloat

• Calcined

• Delaminated

• Surface-modified

• Unprocessed

By process, the water wash segment accounted for the largest share in 2019. The expansion of this segment can be attributed to the low levels of impurities and the improved kaolin gloss achieved through this process.

By End-Use Industry:

• Paper

• Ceramic &sanitarywares

• Fiberglass

• Paints and coatings

• Rubber

• Plastics

The paper end-use industry is predicted to be the largest end-use in the kaolin market during the foreseen period. The boom in e-commerce activities, especially in emerging countries, has driven the call for paper packaging. Therefore, the expansion of the paper industry is driven by the escalating call for paper in packaging and printed media.

Kaolin Regional Analysis:

• North America 
• Europe 
• Asia Pacific
• Latin America 
• Middle East & Africa 

The Asia-Pacific region accounted for the largest share of the worldwide kaolin market in 2019, followed by Europe and North America. China is one of the main kaolin consumers in the Asia-Pacific region. The Asia-Pacific market is growing thanks to the industrial development of the region and the improvement of economic conditions. The availability of kaolin reserves in the region is also one of the main factors responsible for the expansion of kaolin. Furthermore, the presence of some of the main players in the region responds to the growing call for kaolin from various end-use industries, contributing to the expansion of the market.

Asia-Pacific dominated the kaolin market in 2018. Countries such as China, India, and Japan are experiencing escalating calls for kaolin from various industrial sectors due to the rapid rate of industrialization and the expansion of the industry. per capita income in these countries. The regional market is predicted to register a CAGR of more than 4.5% during the foreseen period. Europe had the second-largest market share of the worldwide kaolin market in 2021. The regional market was valued at USD 1295.0 million in 2021. Germany had the largest regional market share and is predicted to record the highest CAGR during the period that is examined.

Recent Developments in the Kaolin Market:

BASF Corporation has launched a new Kaolin website, www.kaolin.basf.com. The new website presents a platform that Kaolin customers, channel partners, colleagues, and others can use to access important information about products and applications at their convenience.

Kaolin Market Key Players:

1. Imerys S.A. (France)
2. BASF SE (Germany)
3. Ashapura Group (India)
4. EICL Limited (India)
5. SCR-Sibelco N.V. (Belgium)
6. KaMin LLC (US)
7. Thiele Kaolin Company (US)
8. LASSELSBERGER Group (Hungary)
9. Quarzwerke GmbH (Germany)
10. Sedlecký kaolin a. s. (Czech Republic)
11. I-Minerals lnc. (Canada)
12. 20 Microns Limited (India)
13. Minotaur Exploration Limited (Australia)
14. W. R. Grace & Co. (US)
15. Shree Ram Group (India)
16. KERAMOST, a.s. (Czech Republic)