In 2023, the US market for Georgia Kaolin used as fillers, extenders, and binders in paint was at 317.14 thousand metric tons. From 2024 to 2028, forecasts show a steady increase, with estimated figures reaching 336.65 thousand metric tons by 2028. Year-on-year growth highlights a consistent upward trend: 1.25% in 2024, 1.25% in 2025, 1.21% in 2026, and 1.17% in 2027. The five-year compound annual growth rate (CAGR) is projected at approximately 1.47%.
Future trends to watch for include:
- Technological advancements in paint formulations that may impact kaolin demand.
- Environmental regulations influencing the sourcing and use of kaolin.
- Market shifts due to evolving consumer preferences for eco-friendly products.
- Potential economic impacts that could influence the construction and automotive sectors, significant consumers of paint.