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Talc Market by Deposit Type, End-use Industry And Region - Global Forecast to 2023

Talc Market: Global Forecast until 2023

  • August 2018
  • 144 pages
  • ID: 4143839
In this report:
The plastics end-use industry segment of the talc market is projected to grow from USD ##.## million in 2018 to USD ##.## million by 2023, at a CAGR of ##.##% during the forecast period.
The Asia Pacific market is expected to grow at a CAGR of ##.##% between 2018 and 2023, from ##,##.## KT in 2018 to ##,##.## KT by 2023.


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The talc market is estimated to rise at a compound annual growth rate of 4.60 percent from 2018 to 2023

The overall talc market is forecasted to grow from an estimated ~$2.7B in 2018 to ~$3.3B by 2023, at a compound annual growth rate (CAGR) of 4.60 percent from 2018 to 2023. Increase of the market can be accredited to the growing demand for talc-reinforced polypropylene from the automotive sector, as automotive components made from talc-reinforced polypropylene reduce the weight of vehicles. Lawsuits associated to the carcinogenic nature of talcum powder is a restraint in the sector. The presence of a number of substitutes for talc is also a factor hindering the rise of the talc market.

The ceramics segment is anticipated to be the quickest-rising end-use industry segment of the talc market during the outlook period

The ceramics end-use industry segment is forecasted to be the quickest-increasing end-use market of the talc market from 2018 to 2023.Talc is an excellent thermal shock resistant and fluxing agent; it is used in ceramics to enhance the mechanical and optical properties of floor and wall tiles.

It is also utilized in the production of big format tiles. Also, talc is used to improve the properties of catalytic converters and diesel particulate filters in the automotive ceramics cordierites.

Asia-Pac is forecasted to account for the biggest market share of the talc market in 2018

Increasing demand for talc from different end-use sectors like automotive, cosmetics & personal care, pulp & paper, and food are responsible for the increase ot the talc market in the Asia Pacific area. Furthermore, the continuously growing population of emerging economies including China and India (IN) is also driving the rise of the Asia Pacific talc market.

Profile break-up of primary participants for the analysis:

• By Company category: Tier 1 - 42 %, Tier 2 - 25.0 percent, Tier 3 - 33.0 percent

• By Description: C-suite - 33.0 percent, D-level - 25.0 percent, Others - 42.0 percent

• By Area: North America continent - 44.0 percent, Europe (EU) - 25.0 percent, Asia Pacific (APAC) - 19.0 percent, Middle East (ME) & African continent - 6.0 percent, South America region - 6.0 percent

As part of the qualitative analysis, the industry research offers a comprehensive analysis of major market drivers, industry restraints, alternatives, and opportunities. It also considers competitive landscape approved by market actors, including Imerys, Mondo Minerals, Minerals Technologies, IMI Fabi, Golcha Minerals, and Nippon Talc.

Segment Research

The market research defines, segments, and projects the talc market established on deposit type, end-use sector, and area.It offers exhaustive information concerning the main factors influencing the increase of the market, including drivers, possibilities, and market-specific challenges.

It also strategically profiles main actors and comprehensively analyzes their market shares and core competencies. The industry report examines competitive developments, including new product launches/advancements undertaken by the top players.

Why acquiring this study can help you:

The analysis will facilitate industry top players/new sector entrants in this sector by providing them the closest approximations of revenue numbers for the global talc market and its sub-segments.This industry report will facilitate partners better comprehend the competitive landscape and gain insights to position their businesses better and make suitable go-to-market approaches.

The market research will also assist partners comprehend the pulse of the sector and offer info on main market drivers, market restraints, opportunities, and alternatives.

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