02.07.20
According to Grand View Research’s recent report, “Kaolin Market Size, Share & Trends Analysis Report By Application (Paper, Ceramics, Paint & Coatings, Fiber Glass, Plastics, Rubber, Cosmetics), By Region (North America, Europe, APAC, MEA, CSA), And Segment Forecasts, 2020 – 2027,” the global kaolin market size was valued at $4.36 billion in 2019 and is anticipated to expand at a revenue-based CAGR of 3.3% in terms of revenue from 2020 to 2027.
Increasing demand for ceramics in the construction industry is expected to remain a key driving factor, as kaolin is the major raw material used for manufacturing ceramic tiles. Increasing construction activities in developing economies, such as China, India, and Brazil owing to the rapid urbanization and industrialization along with greater migration of rural population to urban centers is projected to drive the demand for new housing units.
Kaolin is used in various industries including paper, plastics, rubber, and fiber glass. Properties, such as smoothness and whiteness, as well as receptiveness to printing inks make the product suitable in the form of fillers and coatings in the paper industry. The demand for paper and paper boards are largely driven by the growing packaging industry, in which paper is being used over plastics as it is an environmentally friendly material.
Despite the growing demand for kaolin, availability of numerous substitutes such as carbonates, talc, fuller’s clay, and ball clay are anticipated to hinder the market growth over the coming years. These minerals exhibit similar properties and can replace kaolin for filler and coating functions in paper, plastics, paints, refractories and fiberglass industries respectively.
Paper was the largest segment, accounting for a volume share of 40% of the kaolin market in 2019 owing to the increasing demand for paper boards from the packaging industry. Kaolin is used for adding a bright and glossy shine and smoothness of fibrous papers during the production of paper. Large particles of kaolin are used as filler and coatings to improve the paper strength.
Kaolin is used in paint and coatings as it offers various advantages in the form of better suspension properties, rapid dispersion, corrosion and water resistance, and reduced viscosities to enhance the paint performance. In addition, kaolin-based paints have emerged as a cost-effective option as they can easily substitute expensive pigments such as titanium oxide in paint formulations due to the similar particle size.
Asia Pacific accounted for the largest revenue share of 41.06% in 2019 owing to the rising demand for paper packaging due to various stringent government regulations, such as GB standards by China on human health safety.
In North America, flexible packaging paper from food and beverage sectors is likely to have a positive impact on the paper industry over the forecast period. According to the Association of International Metallizers, Coaters and Laminators (AIMCAL), paper-based containers accounted for a volume share of nearly 17% of food packaging in North America, in 2017. Major food and beverage companies enter into various long-term investment strategies with packaging industry, thus, resulting in the increased demand for paper, which in turn is anticipated to augment market growth.
Increasing demand for ceramics in the construction industry is expected to remain a key driving factor, as kaolin is the major raw material used for manufacturing ceramic tiles. Increasing construction activities in developing economies, such as China, India, and Brazil owing to the rapid urbanization and industrialization along with greater migration of rural population to urban centers is projected to drive the demand for new housing units.
Kaolin is used in various industries including paper, plastics, rubber, and fiber glass. Properties, such as smoothness and whiteness, as well as receptiveness to printing inks make the product suitable in the form of fillers and coatings in the paper industry. The demand for paper and paper boards are largely driven by the growing packaging industry, in which paper is being used over plastics as it is an environmentally friendly material.
Despite the growing demand for kaolin, availability of numerous substitutes such as carbonates, talc, fuller’s clay, and ball clay are anticipated to hinder the market growth over the coming years. These minerals exhibit similar properties and can replace kaolin for filler and coating functions in paper, plastics, paints, refractories and fiberglass industries respectively.
Paper was the largest segment, accounting for a volume share of 40% of the kaolin market in 2019 owing to the increasing demand for paper boards from the packaging industry. Kaolin is used for adding a bright and glossy shine and smoothness of fibrous papers during the production of paper. Large particles of kaolin are used as filler and coatings to improve the paper strength.
Kaolin is used in paint and coatings as it offers various advantages in the form of better suspension properties, rapid dispersion, corrosion and water resistance, and reduced viscosities to enhance the paint performance. In addition, kaolin-based paints have emerged as a cost-effective option as they can easily substitute expensive pigments such as titanium oxide in paint formulations due to the similar particle size.
Asia Pacific accounted for the largest revenue share of 41.06% in 2019 owing to the rising demand for paper packaging due to various stringent government regulations, such as GB standards by China on human health safety.
In North America, flexible packaging paper from food and beverage sectors is likely to have a positive impact on the paper industry over the forecast period. According to the Association of International Metallizers, Coaters and Laminators (AIMCAL), paper-based containers accounted for a volume share of nearly 17% of food packaging in North America, in 2017. Major food and beverage companies enter into various long-term investment strategies with packaging industry, thus, resulting in the increased demand for paper, which in turn is anticipated to augment market growth.