Market Executive Summary

REPORT HIGHLIGHT

The kaolin market was valued at USD 4.98 billion by 2017, growing with 8.5% CAGR during the forecast period, 2018-2028

Market Dynamics

Kaolin, also well known as China clay, has been creating a buzz in various industries due to its flexibility in product characteristic, making it ideal for various applications. The key features of this product are whiteness & smoothness it imparts to the end product. It promises endless potential in terms of the multitude uses because it is an indispensable raw material in the manufacturing of products like paper, paints, ceramics and also concrete. Some interesting factors that have been charging this industry forward are the growth of the construction industry, the reduction of raw material costs and energy saving. Based on data published by the Global Construction Perspectives and Oxford Economics, stated that the global construction is growing an impressive growth rate. The industry will witness a growth of over 4.0 %/year to 2030. Based on its application in the construction industry, it is safe to say that there is a definite growth expected in the industry.

On the flip side, a threat is considered to be the growing demand for its alternative, calcium carbonate. This is because calcium carbonate is known to be whiter than this chemical and hence consumer?s preference is inclined towards calcium carbonate. This could jeopardize the growth of the Kaolin market across the globe.

Application Takeaway

The major application areas are; Paper, Fiber Glass, Ceramics, Paint, Rubber and others. It is used most widely in the paper-making industry. Based on the highlights of a study on use of fillers in paper and paperboard grades by Tampere University of Applied Sciences, suggested, that Kaolin is used a little less than 40% in the paper-making formulation. This quaintly is a significantly high amount based on the volume or bulk preparation of paper and the percentage of the product used in the formulation. This product is also used in applications such as toilet bowls, washbasins, and bathtubs, shower plates. The USP of the product is its corrosive resistant, and abrasive resistant behavior. Fibre-glass uses this chemical due to its requirement in the production of a lightweight product.

Among the rather new & experimental applications of Kaolin is in aerospace and even fibreglass applications. In accordance to the data published in the American Elements website, the refractory strength required in the aerospace has created new avenues for growth of ceramics in this field. Furthermore, based on an article in the Business Insider, 2017, fiberglass industry is appraised to generate revenues worth USD 600 million by 2028. These facts would in turn surge in demand for kaolin products, driving the industry growth.

Regional Takeaway

In terms of regional perspective, Asia Pacific region accounted for the highest revenue share and is anticipated to grow with promising growth rate during the study period. Growth is majorly attributed to the rising focus of government on education sector which will boost the demand for paper & thus demand for kaolin will go significantly higher. An article in the Business World (March 2019) stated that in India, the business education sector will grow at 7.5% by 2020. In addition, reports published by DMG Events India suggested that the construction sector in countries like India is projected to grow by 7-8% in next 5-6 years. On contrary, regions such as North America and Europe captured significant revenue share.

Key Vendor Takeaway

Key players in the industry are Imerys S.A., AKW Ukrainian Kaolin Company, Kaolin AD, SCR-Sibelco N.V, Thiele Kaolin, KaMin LLC, LB Minerals S.R.O, BASF SE. The company, Imerys S.A is the leading producer of kaolin. Not only, the company is among the oldest manufacturers, but also globally present in regions like Brazil, Sweden, U.S., UK and France. In terms of the recent merger & acquisitions, in 2017, SCR-Sibelco N.V acquired the U.S. frac sand mine Fairmount Santrol Holdings, Inc., with the intent to improve its product portfolio further. Increased product portfolio increases the customer base for pitching products, therefore fishing in more customers for Kaolin as well.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year ? 2017 ? 2021
Base Year ? 2021
Estimated Year ? 2022
Projected Year ? 2028
TARGET AUDIENCE

Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies and Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY APPLICATION

Paper
Fiber Glass
Ceramics
Paint
Rubber
Others
MARKET, BY REGION

North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America