According to a new market report published by Lucintel, the future of the kaolin market looks good with opportunities in the ceramic, fiberglass, and paint & coating applications. The global kaolin market is expected to reach an estimated $5,828 million by 2021.The global kaolin market is forecast to grow at a CAGR of 4.4% from 2016 to 2021. The major drivers of growth for this market are growing demand for ceramic products and increasing penetration of kaolin in paint and coating application.
In this market, paper, ceramics, fiberglass, paint & coating, rubber, and cement are the major applications. Lucintel forecasts that the paper segment is expected to remain as the largest market by value and volume consumption supported by growth in per capita paper consumption. On the basis of its comprehensive research, Lucintel predicts that ceramic applications are likely to experience the highest growth in the forecast period supported by increasing demand of tiles and sanitary ware due to the growth in building construction industry.
Asia Pacific is expected to remain the largest market by value and volume due to the higher production of paper and ceramics.
Asia Pacific and the Rest of the World are expected to witness good growth over the forecast period because of increase in construction activities and growth in industrial, infrastructure, and printing and packaging sectors.
For business expansion, the report suggests innovation and new product development to reduce titanium dioxide consumption in white ink and coatings formulation. The report further suggests the development of partnerships with customers to create win-win situations and development of low-cost solutions for the end user.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing penetration of kaolin in non-traditional applications, such as plastic, personal care, pharmaceutical, cosmetic, agriculture. Imerys, KaMlin LLC, BASF, Sibelco and Thiele Kaolin are among the major suppliers of the kaolin. Some companies are opting for M&A as a strategic initiative for driving growth.
.Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global kaolin market by application and region and has come up with a comprehensive research report, “Growth Opportunities in the Global Kaolin Market 2016-2021: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the growth opportunities in the global kaolin market by application and region as follows:
By application [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 – 2021]:
Paper
Ceramics
Fiberglass
Paint & Coating
Rubber
Cement
Others
By region [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 – 2021]:
North America
Europe
Asia Pacific
Rest of World
This 129-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/global_kaolin_market_2016_2021.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1: What are some of the most promising, high-growth opportunities for the global kaolin market by applications and regions?
Q. 2. Which segments will grow at a faster pace and why?
Q.3: Which regions will grow at a faster pace and why?
Q.4: What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5: What are the business risks and threats to the market?
Q.6: What are emerging trends in this market and reasons behind them?
Q.7: What are some changing demands of customers in the market?
Q.8: What are the new developments in the market? Which companies are leading these developments?
Q.9: Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10: What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via materials / product substitution
Q.11: What are M & A activities in the last 5 years in this market? What reasons can be attributed to these activities and how have they impacted the industry?