Talc Market Worth 3.29 Billion USD by 2021
PUNE, India, September 9, 2016 /PRNewswire/ --
The report "Talc Market by Type of Deposit (Talc Chlorite, Talc Carbonate), Application (Paper & Pulp, Cosmetics, Plastics, Ceramics, Paints & Coatings, Pharmaceuticals, and Food) and Region - Global Forecast to 2021", published by MarketsandMarkets, The global market is projected to reach USD 3.29 Billion by 2021, at a CAGR of 4.9% from 2016 to 2021.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 116 market data Tables with 34 Figures spread through 157 Pages and in-depth TOC on "Talc Market"
http://www.marketsandmarkets.com/Market-Reports/talc-market-6281259.html
Early buyers will receive 10% customization on this report.
Increasing demand for talc from the plastics industry is expected to drive the growth of the market in the near future.
Talc carbonate is the fastest-growing deposit type segment of the global talc market
The talc carbonate segment contributed the largest share to the talc market, by type of deposit in 2015, and is projected to be the fastest-growing deposit type segment from 2016 to 2021. This growth can be mainly attributed to the large availability of talc carbonate type of deposits globally and high percentage of talc found in the talc carbonate type of deposits. Also, the talc obtained from these types of deposits has greater purity than talc obtained from other type of deposits.
Plastics was the fastest-growing application segment of the global talc market
The plastics segment accounted for the largest share in the talc market, by application in 2015, and is projected to be the fastest-growing application segment from 2016 to 2021. This growth can be attributed to the increased demand for the use of talc in plastic products, as it acts as reinforcing filler and increases the stiffness, restores mechanical properties so as to enable recycling plastics, and acts as an ideal nucleating agent in biopolymers and semi-crystalline polymers.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=6281259
The Asia-Pacific region was the largest market for the global talc market in 2015
The Asia-Pacific region was the largest Talc Market in 2015, owing to the rise in demand for talc in this region. This increased demand can be attributed to the growing demand for talc reinforced plastic parts from the automotive industry, cosmetics, paper and paints & coatings in the region. China, India, and Japan are the leading countries in terms of production and consumption of talc in the Asia-Pacific region. The existence of talc mines and the increase in demand from end-use industries such as plastics, paints & coatings, paper & pulp, personal care, agriculture, food and others is expected to drive the growth of the talc market in these countries.
Key players operational in the talc market include Imerys SA (France), Mondo Minerals (Netherlands), Minerals Technologies Inc. (U.S.), IMI FABI (Italy), American Talc Company (U.S.), Golcha Minerals (India) Pvt. Ltd., Magnesita Refratarios SA (Brazil), Nippon Talc Co., Ltd. (Japan), Liaoning Aihai Talc Company Limited (China), and Guangxi Longsheng HuaMei Talc Development Co. Ltd. (China).
Browse Related Reports:
Polymer Filler Market by Type (Organic: Natural Fibers, & Inorganic: Oxides, Hydroxides, Salts, Silicates, Metals, and Others), and by End User (Automotive, Building & Construction, Industrial, Packaging, and Others) - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/polymer-reinforcing-filler-market-35777979.html
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarkets
Share this article