In 2023, Georgia's kaolin used for fillers, extenders, and binders in the rubber industry was approximately 40.00 thousand metric tons. The forecast for 2024 indicates a significant decrease to 35.19 thousand metric tons, followed by a projected consistent downward trend reaching 17.88 thousand metric tons by 2028. The year-on-year variations show a noticeable decline: 2025 by -12.67%, 2026 by -14.23%, 2027 by -16.27%, and 2028 by -19.01%. This indicates a 5-year CAGR of approximately -13.58%, highlighting a steady reduction in usage or sales.
Future trends to watch include the potential impact of alternative materials in the rubber industry, technological innovations, and shifts in demand due to environmental concerns. Monitoring these factors will be crucial for stakeholders to adapt and strategize effectively.
