Global Kaolin Market to Grow at a CAGR of 4.2% During 2024-2032, Driven by the Rapid Growth of the Construction Sector

Kaolin is a special clay with high contents of a mineral called kaolinite. The Asia Pacific dominates the kaolin market share due to the rapid infrastructure development and population growth in developing countries like China and India. According to the government of India’s findings, the construction sector holds a 9% share of India’s GDP and the country is slated to be the third largest construction sector globally by 2025.

Kaolin is used as an essential ingredient used by paints and coatings manufacturers such as PPG Industries (NYSE: PPG). Paints and coatings are essential components in improving the lifespan of materials and their aesthetic appeal. Paints and coatings are widely applied in a variety of sectors, including manufacturing, automotive, and construction.

Additionally, kaolin production in countries such as China, India, and South Korea increases its application in various industries. Additionally, the demand for ceramics in institutional and domestic applications has significantly increased, which is projected to support market expansion in this populated region.

Partnerships between leading companies support the market growth. In February 2023, the world's top fibreglass producer, China Jushi Co., partnered with the Egyptian Sinai Manganese Company to explore prospects in the areas of raw kaolin separation, purification, and boosting concentration. The goal of this action is to increase the Egyptian company's output of premium raw kaolin, which is needed in many important industries, such as paints, rubber, plastics, fibreglass, ceramics, and refractories. It is aimed to be beneficial for the local markets in Egypt and boost exports.

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Market Analysis by Process, Application, and Region:

• The market, on the basis of process, can be divided into airfloat, water-washed, calcined, delaminated, and surfaced modified and unprocessed.

• Based on application, the market can be divided into adhesives and sealants, rubber, plastic, fibreglass, paints and coatings, and ceramics and sanitary ware, among others.

• The major regional markets for kaolin include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• There is a growing demand for kaolin in the ceramics sector as it can be used both as a filler and as the main body composition of white ceramics production. Hence, the growing demand for ceramic products, supported by growing disposable income and rapid urbanisation, is favouring the market for kaolin.

• Kaolin is essential to increase paint's opacity, gloss, viscosity, and colour brightness. The growing demand for paints and coatings, driven by the construction and automotive sectors, drives the kaolin market expansion.

• Kaolin is used as a filler and coating in paper. Reportedly, global B2C e-commerce revenue is expected to grow to USD 5.5 trillion by 2027. The growing paper demand in the e-commerce sector due to packaging solutions contributes to the market growth.

• In 2022, the global construction sector grew to 28.41 trillion from 26.54 trillion in 2021. The growth in the construction sector due to rising infrastructure development and government investment propels the market growth for kaolin.

Table: Global Construction Sector (in USD Trillion), 2018-22

Key Offerings of the Report:

• The EMR report gives an overview of the global kaolin market for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the processes, applications, and major regions of kaolin.

• It assesses the regional price trends for the (2018-2023) and (2024-2032) periods.

• The market report also analyses the trade data by covering the major importing and exporting countries.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global kaolin market are LB MINERALS, Ltd., KaMin LLC., SCR-Sibelco NV, Thiele Kaolin Company, Imerys S.A., I-Minerals Inc., Quartz Works GmbH, Andromeda Metals Limited, Ashapura Minechem Limited, and KERAMOST, a.s., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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