Lucintel anticipates that Asia Pacific will be the fastest growing region in the wollastonite market

   September 20, 2019
According to a new market report published by Lucintel, the future of the wollastonite market looks promising with opportunities in the polymer, ceramic, paint and coating, and metallurgy markets. The wollastonite market is expected to grow with a CAGR of 4% from 2019 to 2024. The major drivers of growth for this market are increasing building and construction activities and growth in automotive production.

Browse 123 market data tables and 143 figures spread through 206 pages and in-depth TOC on “Wollastonite Market"

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In this market, natural and synthetic wollastonites are used as fillers and performance additives in polymer, ceramic, paint and coating, and metallurgy applications. Lucintel forecasts that natural wollastonite will remain the largest product type due to the growth in polymer, ceramic, and paint and coating market. Synthetic wollastonite is expected to witness the highest growth over the forecast period due to increasing demand in ceramic industry.

Wollastonite usage in  polymer compound applications is expected to remain the largest segment and witness the highest growth over the forecast period due to the increasing demand for plastic in automotive interiors, exteriors, and under the hood applications.

Asia Pacific is expected to remain the largest region by value and volume and also witness the highest growth over the forecast period due to growth in ceramic products, such as wall & floor tiles and sanitary wares in construction industry.

Emerging trends, which have a direct impact on the dynamics of the industry, include growing consumption of ultrafine wollastonite and increasing application of synthetic wollastonite. Imerys (NYCO), Wolkem, Lishu Dadingshan Wollastonite, Hulan Wollastonite, Jilin Shanwei, R.T Vanderbilt Holding, and Nordkalk are among the major wollastonite suppliers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the wollastonite market by application, product type, aspect ratio, end use industry, and region and has come up with a comprehensive research report entitled  “Growth Opportunities in the Wollastonite Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the wollastonite by application, product type, aspect ratio, end use industry, and region as follows:

By Application [Kilotons and $M shipment analysis from 2013 to 2024]:

  • Polymer

  • Ceramics

  • Paints and Coatings

  • Metallurgy

  • Others

By Product Type [Kilotons and $M shipment analysis from 2013 to 2024]:

  • Natural

  • Synthetic

By Aspect Ratio [Kilotons and $M shipment analysis from 2013 to 2024]:

  • High Aspect Ratio

  • Low Aspect Ratio

By End Use Industry [Kilotons and $M shipment analysis from 2013 to 2024]:

  • Automotive

  • Building and Construction

  • Industrial

  • Electrical and Electronics

  • Others

By Region [Kilotons and $M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • Germany

    • Spain

    • Finland

  • Asia Pacific

    • China

    • India

    • Japan

  • The Rest of the World

    • Brazil

    • Turkey

This 205-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 or

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