Global Talc Market to Cross US$ 1.6 Billion by 2022
BANGALORE, December 12, 2016 /PRNewswire/ --
A recent report published by Beige Market Intelligence on "Global Talc Market Strategic Assessment and Forecast Till 2022" provides a detailed industry analysis and comprehensive market study of Global Talc Market. It gives a complete study of the market size and market share of the worldwide talc market.
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Browse more than 126 pages, 21 key sections, and 106 exhibits of the Global Talc Market research report. The key sections and exhibits gives a thorough idea about the Global Talc Market and helps in crucial business decision making for the talc market players.
Additives and fillers constitute an integral part of the global manufacturing growth story as they constitute the raw materials for many key end-user industries driving the world economy. Talc remains as one of the most prominently used mineral fillers due to its relatively easier availability, high performance-to-cost ratio, and the wide usage in various end-user applications. The mineral, which is widely recognized for keeping skin dry and as an extender for various plastic composites, has gained demand in the past few decades.
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The Talc Market for Plastic Segment Will Have The Most Share Both In Terms Of Revenue And Consumption
The talc market research report provides a complete analysis of the talc market for different segments. The different segments and sub-segments explained in details are
By Deposit Type
- Magnesium Carbonate
- Serpentines
- Aluminium Silicates
- Other
By End Users
- Plastics
- Ceramics
- Paper
- Paint
- Personal Care
- Roofing
- Rubber and Cables
- Others
The end use consumption of talc is found to be heavily dependent on price, presence and efficiency of the substitutes for that application. Another major factor that determines the consumption is the regulatory framework governing the said application.
The Worldwide Talc Market is Estimated to Grow at a CAGR Closed To 4.6 % Till 2022
The worldwide demand for talc was estimated to be more than 6 million ton in 2016 and is estimate to cross 7 million ton by 2022. Both production and consumption of talc contracted since 2011 due to the contraction in end-users and substitution of the material with better alternatives. The Global Talc Market is going to witness a dramatic shift in terms of both its consumption and revenue. This report provides the thorough analysis of worldwide talc market. Analysts at Beige Market Intelligence forecasts the worldwide talc market to grow at a CAGR closed to 4.6%. The Global Talc Market is estimated to cross US$ 1.6 billion by 2022.
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Prices of Talc During the Forecast Period Are Expected to Rise by As Much As 10%
This market research report contains the reasonable description of the pricing analysis of the Global Talc Market. Prices of talc during the forecast period are expected to rise by as much as 10% due to the robust demand from the APAC and MEA markets. About 20% of mines in the key producing regions such as Liaoning, Jiangxi, and Guangxi in China are expected to stop commercial production on account of strict regulatory mandates and high intensity of price-based competition.
China, the US, and India Have Some of The Largest Talc Resources
This report on global talc market includes the market analysis of different regions such as North America, APAC, EMEA and Latin America. The report outlines the major market share holder and the market size analysis of all the regions and provides the market size and forecast of the key countries. China which hosts some of the best quality talc deposits remains to be a favourable sourcing destination for talc. US, Japan and China remain to be the key consumers of the mineral with some countries such as Japan and South Korea rapidly relying on high-quality imports to feed its rising consumption.
Imerys Talc, Mondo Minerals, Minerals Technology, American Talc Company Among the Top Vendors in The Global Talc Market
The Global Talc Market report covers the entire market outlook regarding the value chain operating within the market. The major vendors of in the global talc market included in the research report Imerys, Mondo Minerals, Minerals Technologies, IMI FABI, American Talc Company. Other vendors are Golcha Minerals, Magnesita, Nippon Talc, Liaoning AIHAI Talc, HuaMei Talc Development Co. Ltd., Jai Vardhman Khaniz, BeiHai Group, Guilin Guiguang Talc, Hayashi-Kasei, Haicheng Xinda Mining.
In case you need a report on a market in specific country or geography, please contact [email protected] with your requirement and our research team will be glad to create a customized report for you.
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About Beige Market Intelligence
Beige Market Intelligence is new-age provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry. Beige Market Intelligence is a quality driven high end Market Research organization. Our team of experts ensure the analysis you receive is not just analysed and smartly presented, but is completely customized based on the client's requirement. Our deliverables guarantee our current global client base does not look beyond Beige when it comes to any kind of industry and market analysis.
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SOURCE Beige Market Intelligence LLP
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