Increasing consumption of kaolin in various end-use industries, such as paper, ceramics, fiberglass, paints & coatings, rubber, and plastics, is one of the most significant factors projected to drive the growth of the kaolin market.
Based on grade, the calcined segment of the kaolin market is projected to grow at the highest CAGR during the forecast period, in terms of value. Calcined kaolin provides maximum brightness and opacity to finished products. It is increasingly adopted by the paints & coatings, paper, fiberglass, and rubber industries, which, in turn, is contributing to the high demand for calcined kaolin globally.
The paper end-use industry segment is projected to lead the kaolin market between 2017 and 2022, in terms of value.
Based on end-use industry, the paper segment is projected to lead the kaolin market during the forecast period, in terms of value. Kaolin is used as a filler and coating pigment in paper production. It also improves various other properties of paper, such as ink absorption and ink pigment holdout, which, in turn, enhance the printability of paper.
The Asia Pacific region is the largest market for kaolin, globally. The kaolin market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, in terms of value.