According to a market report by Lucintel, the future of the huntite market looks promising with opportunities in the agriculture, paint, construction, and chemical industries. The global huntite market is expected to grow with a CAGR of 4% from 2021 to 2026. The major drivers for this market are growing usage of huntite in widespread applications and growth in end use industries.
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Within the huntite market, chemical will remain the largest end use industry and witness the highest growth during the forecast period for its use as a flame retardant and other properties.
Asia Pacific will remain the largest region in the forecast period due to large scale consumption of huntite and rapid industrialization of the developing countries.
Leap Labchem, Skyrun Industrial, Wanko Chemical, and Sibleco are among the major huntite manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global huntite market by application, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Huntite Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global huntite market by application, end use industry, and region as follows:
By Application [Kilotons and $M shipment analysis for 2015 – 2026]:
Metallurgy and Abrasives
Light Bulbs
Glasses
Heating Elements
Coating and Polymer
Wooden Flooring
By End Use Industry [Kilotons and $M shipment analysis for 2015 – 2026]:
Agriculture
Paints
Construction
Chemical
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 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 visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer 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.