Press Release
Press Release
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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Table: Global Construction Sector (in USD Trillion), 2018-22
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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Process |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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