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Kaolin Market worth $6.1 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 19, 2023 /PRNewswire/ — The report “Kaolin Market by Process (Water-Washed, Airfloat, Calcined, Delaminated, and Surface-Modified & Unprocessed), End-Use Industry (Paper, Ceramic & Sanitarywares, Fiberglass, Paints & Coatings, Rubber, Plastics), and Region – Global Forecast to 2028″, is estimated at USD 4.6 billion in 2022 and is projected to reach USD 6.1 billion by 2028, at a CAGR of 4.8% from 2023 to 2028. The expansion of this market can be ascribed to the rising demand stemming from various end-use sectors such as paper, ceramics & sanitary wares, fiberglass, paints & coatings, rubber, and plastics industries. Additionally, there is a growing appetite for kaolin in the cosmetics and pharmaceutical sectors, which is serving as a driving force for the global growth of kaolin.
Browse in-depth TOC on “Kaolin Market”
160 – Tables
55 – Figures
200 – Pages
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Water Washed is expected to account for the largest market share in forecasted period, in terms of both value and volume.
The most popular procedure for transforming raw kaolin into its finished products is the water-washed process, also known as wet processing. This process calls for the raw kaolin to go through a number of processes, including screening, grinding, centrifuging, slurring, blunging, and chemical treatment. The market is expanding as a result of rising demand, especially from the building and construction sector. Notably, the water-washed method is often used to produce hydrous kaolin because it helps keep the clay’s water content between 12% and 14%.
Ceramic & sanitary wares are expected to witness the highest CAGR between 2023 to 2028
Due to its beneficial qualities, kaolin is widely used in the ceramics and sanitary goods industries and is expected to grow with the highest CAGR. It is the perfect material for creating ceramic whiteware products, such as porcelain items, insulators, and refractories, due to its high fusion temperature and white-burning properties. Kaolin is also a suitable material for the creation of porcelain electrical insulators due to its outstanding dielectric characteristics and chemical inertness. Kaolin is prized for its dimensional stability, high fusing point, low water content, and remarkable green strength in refractory applications. It gives whiteware goods dimensional stability, smooth surface finish, and dry and fired strength.
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Asia Pacific account for the largest market share in the global kaolin market
Asia Pacific region dominated the global kaolin market in 2022 by holding the largest market share. Furthermore, this region is projected to experience the highest Compound Annual Growth Rate (CAGR) from 2023 to 2028. The Asia Pacific has emerged as a thriving and promising market for kaolin, driven by shifting demographics, rapid industrialization, and improving economic circumstances. With approximately 60% of the world’s population residing in this region, the extensive utilization of kaolin across various end-use industries such as paper, rubber, ceramics & sanitary wares, fiberglass, and paints & coatings is quite notable.
Prominent companies in the kaolin market include Imerys S.A. (France), Ashapura Group (India), EICL Limited (India), SCR-Sibelco N.V. (Belgium), KaMin LLC (US), Thiele Kaolin Company (US), LASSELSBERGER Group (Hungary), Quarzwerke GmbH (Germany), Sedlecký kaolin a. s. (Czech Republic), I-Minerals lnc. (Canada), 20 Microns Limited (India), Minotaur Exploration Limited (Australia), W. R. Grace & Co. (US), KERAMOST, a.s. (Czech Republic), Uma Group of Kaolin (India), Jiangxi Sincere Mineral Industry Co., Ltd. (China), and Active Minerals International, LLC (US).
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