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Global Kaolin Market to Reach USD 5.34 Billion by 2019: Transparency Market Research

Published on 2015-08-03. Author : SpecialChem

The growth of the construction industry in the last couple of years has fueled the demand from several ancillary markets, the kaolin and metakaolin market being one of them. A report recently published by Transparency Market Research (TMR) analyzes the growth trajectory exhibited by the global kaolin and metakaolin market. The report is titled “Kaolin & Metakaolin Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019” and is available on TMR’s official website for sale.

As per the report, the global kaolin market, which stood at US$4.06 billion in 2012, is anticipated to reach a value of US$5.34 billion by 2019. If the figures hold true, the market is poised to register a 4.0% CAGR between 2013 and 2019. Based on volume, the global kaolin market had a capacity of 34,398.9 kilo tons in 2012. Meanwhile, the global metakaolin market, which was valued at US$91.8 million in 2012, is exhibiting a CAGR of 4.4% and is expected to reach US$124.2 million by the end of 2019.

The demand for sanitary ware and ceramic tiles has increased visibly around the world, which in turn will boost the demand for kaolin in the global market during the forecast period. The growth opportunities for the global metakaolin market will be fueled by the surging demand for cement and concrete for architectural structures, building foundations, and pavements. The market during the forecast period will exhibit moderate growth, which will be inhibited by the increasing demand for potential kaolin substitutes such as calcium carbonate. Nevertheless, application of kaolin will expand beyond the construction industry to medical applications, which is expected to fuel market opportunities for vendors in the forthcoming years.

The report has cited the paper industry as one of the major contributors to the demand from the global kaolin market. In 2012, the demand for kaolin was the highest in the paper industry, which accounted for a whopping 40% of the global kaolin market. Accelerating demand for paper from emerging economies of Asia Pacific such as India and China is expected to fuel demand for kaolin from this application segment.

However, according to the report, the ceramics segment is anticipated to register the fastest growth during the forecast period. Concrete emerged as the leading application segment of the metakaolin market. The segment is expected to remain the undisputed leader in the global metakaolin market throughout the forecast period. The growth of this segment can be attributed to the rapidly increasing construction projects, especially across developing countries. In terms of the regional distribution of the market, Asia Pacific accounted for the highest demand for kaolin and metakaolin in 2012. Accelerated industrialization, especially in India and China, has significantly fueled the demand for kaolin and metakaolin in this part of the world. According to the report, Asia Pacific is expected to continue as the leader in the global kaolin and metakaolin market, exhibiting a positive 4.0% CAGR in the kaolin market, and a 4.3% CAGR in the metakaolin market over the forecast period.

Kaolin Market - Application Analysis
• Paper
• Ceramics
• Paints & adhesives
• Fiberglass
• Rubber
• Plastics
• Cement
• Others (Organic farming, waste water treatment, refractories, etc.)

Metakaolin Market - Application Analysis
• Concrete
• Mortar
• Others (Shotcrete, geopolymers, etc.)

Kaolin & Metakaolin Market - Regional Analysis
• North America
• Europe
• Asia-Pacific
• Middle East
• Rest of the World (RoW)

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Source: TMR

 


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