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November 11, 2020

Talc Market Is Projected to Grow at a Substantial Rate by 2027

The Global Talc Market is projected to reach a value of over USD 3.8 billion by 2027 at a CAGR of around 4.0%.

Talc is a hydrated magnesium silicate and one of the softest rock in the world. It is slightly soluble in dilute mineral acids and insoluble in water. Talc is widely used chemical in the various industrial application due to resistance of heat, electricity, and acid, oil, and grease adsorption. Moreover, it is used extensively in the commercial application, due to its luster, softness, purity, fragrance retention, softness and whiteness properties.

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Talc Market: Drivers & Restriants

Market Driver:

  • Increasing Demand from Paints and Coatings Industry

Talc is mainly used in industrial paints & coating, wood lacquers, printing inks, and in various other coatings. It is mainly used as an extender and effective filler in paints and helps to improve the suspension of solids in the can. It is also helping the liquid paint stick fast to wall without sagging. Talc generates the barrier effect to limit the penetration of water and corrosive agents into paints and coatings, and further helps to reduce bubble formation, corrosion, and peeling. Increasing demand for paints and coatings is mainly attributed to the continued recovery of the global economy and rapid industrialization, and depends largely on the end-user industries it serves, such as steel, automobiles, and furniture and construction industries. Thus, increasing demand for talc from paints & coating industry is expected to drive the market during the forecasted period.

Market Restraint:

  • Slow Growth of the Pulp & Paper Industry Due to Digitization

The growing digitalization is key factor for slow growth of the pulp & paper industry. Talc is being replaced by biotechnological solutions in some applications which includes pitch control in the pulp & paper industry. These biotechnological solutions use enzymes or fungi for pitch control. The growth of the pulp & paper industry has been slower in the European and American countries as compared to countries in the Asia-Pacific region. Thus, the use of talc in pulp & paper industry has declined, which is likely to hamper the market growth up to a certain extent.

Talc Market: Key Segments

  • Segmentation based on deposit type: Talc Carbonate, Talc Chlorite, and Others
  • Segmentation based on end-use industry: Plastics, Pulp & Paper, Ceramics, Paints & Coatings, Cosmetics & Personal Care, Pharmaceuticals, Food, and Others
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.

Talc Market: Report Scope

The report on the talc market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Talc Market include:

  • Imerys. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • ELEMENTIS PLC (Mondo Minerals)
  • Minerals Technologies Inc.
  • IMI Fabi SpA
  • Golcha Group
  • Nippon Talc Co.,Ltd.
  • Xilolite
  • Sibelco
  • Guangxi Guilin Longsheng Huamei Talc Development CO,.Ltd.
  • LAIZHOU YUDONG TALCUM POWDER CO., LTD.
  • Haichen Minchem Co., Ltd.
  • Superior Materials, Inc.
  • Shandong Pingdu Talc Mine Industrial Co., Ltd.
  • Sun Minerals
  • Jai Vardhman Khaniz Pvt. Ltd
  • Other Key Companies

Talc Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Talc Market, by Deposit Type

  • Talc Carbonate
  • Talc Chlorite
  • Others

Talc Market, by End-User Industry

  • Plastics
  • Pulp & Paper
  • Ceramics
  • Paints & Coatings
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Food
  • Others

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Talc Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Demand from Paints and Coatings Industry
      2. Increased Demand for Talc from The Automotive Industry
      3. Rapid Industrialization and Increased Disposable Income of the Middle-Class Population of Emerging Economies
    3. Restraint
      1. Guidelines Regulating the Production and Use of Talc
      2. Slow Growth of the Pulp & Paper Industry Due to Digitization
      3. Availability of Substitutes
    4. Opportunities
      1. Potential Opportunities in Emerging Economies
      2. R&D Activities for The Development of New Grades of Talc
    5. Challenges
      1. Lawsuits Filed Against the Production and Use of Talc
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL TALC MARKET BY DEPOSIT TYPE, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Talc Carbonate
    3. Talc Chlorite
    4. Others
  7. GLOBAL TALC MARKET BY END-USE INDUSTRY, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Plastics
    3. Pulp & Paper
    4. Ceramics
    5. Paints & Coatings
    6. Cosmetics & Personal Care
    7. Pharmaceuticals
    8. Food
    9. Others
  8. GLOBAL TALC MARKET BY REGION, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  9. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  10. COMPANY PROFILES
    1. Imerys.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. ELEMENTIS PLC (Mondo Minerals)
    3. Minerals Technologies Inc.
    4. IMI Fabi SpA
    5. Golcha Group
    6. Nippon Talc Co.,Ltd.
    7. Xilolite
    8. Sibelco
    9. Guangxi Guilin Longsheng Huamei Talc Development CO,.Ltd.
    10. LAIZHOU YUDONG TALCUM POWDER CO., LTD.
    11. Haichen Minchem Co., Ltd.
    12. Superior Materials, Inc.
    13. Shandong Pingdu Talc Mine Industrial Co., Ltd.
    14. Sun Minerals
    15. Jai Vardhman Khaniz Pvt. Ltd.
    16. Other Key Companies
  11. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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November 11, 2020, 13:23
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