Global Kaolin and Metakaolin Market is Expected to Reach USD 5.34 Billion and USD 124.2 Million, Respectively by 2019: Transparency Market Research
ALBANY, New York, May 8, 2014 /PRNewswire/ --
According to a new report published by Transparency Market Research "Kaolin (For Paper, Ceramics, Paints & Adhesives, Fiberglass, Rubber, Plastics, Cement and Other Applications) and Metakaolin (For Concrete, Mortar and Other Applications) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the global kaolin market was valued at USD 4.06 billion in 2012 and is expected to reach USD 5.34 billion by 2019, growing at a CAGR of 4.0% from 2013 to 2019. In terms of volume, the demand was 34,398.9 kilo tons in 2012. The global metakaolin market was valued at USD 91.8 million in 2012 and is expected to reach USD 124.2 million by 2019, growing at a CAGR of 4.4% from 2013 to 2019. In terms of volume, the demand was 273.4 kilo tons in 2012.
Browse Kaolin and Metakaolin Market Report with full TOC at http://www.transparencymarketresearch.com/kaolin-market.html
Growing demand for ceramic tiles and sanitary ware owing to the growth of the construction industry is expected to be one of the main factors driving the demand for kaolin over the forecast period. Moreover, increasing use of concrete and cement in pavements, foundations and architectural structures is expected to fuel the demand for metakaolin. However, increasing substitution of kaolin by calcium carbonate in paper applications is expected to slow down the growth of the market. Increasing use of kaolin in bio-ceramics for endodontic and other medical applications is anticipated to provide new opportunities for the growth of the market in the near future.
Demand for kaolin was highest from paper application segment, accounting for over 40% of the market share in 2012. The paper industry has been experiencing significant growth owing to increasing demand from emerging economies such as China and India. However, ceramics are expected to witness the fastest growth over the forecast period on account of growing demand for white ware and sanitary ware products. This in turn is expected to fuel the demand for kaolin, as kaolin improves the brightness, plasticity and whiteness of the finished ceramic product.
Within the metakaolin market, concrete was the largest application segment on account of growing construction industry and the metakaolin market for concrete was valued at USD 48.0 million in 2012. In addition, concrete is anticipated to witness the fastest growth over the forecast period due to the increasing number of projects being undertaken in civil engineering sector in various developed as well as developing economies. Furthermore, the demand for metakaolin is expected to increase in this application segment, as metakaolin helps in reducing the carbon emissions of concrete in the atmosphere.
Demand for both kaolin and metakaolin was highest in Asia Pacific in 2012 on account of rising construction activities in the region. In addition, increasing substitution of Portland cement by metakaolin coupled with growing industrialization in emerging economies such as China and India is expected to contribute to the growth of the market in this region. Asia Pacific is expected to witness the fastest growth as well within the forecast period, rising at a CAGR of 4.0% in the kaolin market and 4.3% in the metakaolin market, in terms of volume, from 2013 to 2019.
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Kaolin Market - Application Analysis
- Paper
- Ceramics
- Paints & adhesives
- Fiberglass
- Rubber
- Plastics
- Cement
- Others (Organic farming, waste water treatment, refractories, etc.)
Browse Kaolin and Metakaolin Market Report with full TOC at http://www.transparencymarketresearch.com/kaolin-market.html
Metakaolin Market - Application Analysis
- Concrete
- Mortar
- Others (Shotcrete, geopolymers, etc.)
Kaolin & Metakaolin Market - Regional Analysis
- North America
- Europe
- Asia-Pacific
- Middle East
- Rest of the World (RoW)
Browse Chemical and Materials Market Research Reports @ http://www.transparencymarketresearch.com/chemical-market-reports-2.html
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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
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