Nottingham, United Kingdom, March 17, 2016 --(PR.com
)-- According to a recent published report, the Kaolin Market is expected to grow at the CAGR of 5% during 2015-2022 and it estimated to be $6 billion by 2022. The Global Kaolin market is segmented on the basis of material, industry applications and geography. The report on Global Kaolin market forecast 2015-2022 provides detailed overview and predictive analysis of the market.
High growth in construction industry in various regions is the key driver of kaolin market. Kaolin has properties such as flat particle shape, brilliant opacity, chemical inertness, non-abrasive texture, etc. kaolin majorly used as a filter in the manufacturing of papers and paints. It is also used in sanitary ware and white ware. In terms of applications, kaolin is used as mortar, concrete etc. Metakaolin in cement is used as to reduce carbon dioxide emissions, which create an alternative eco-friendly material as compare to tradition material. All these factors fuel the demand of kaolin and metakaolin in the forecasted period.
Kaolin improves brightness, gloss, and paint absorbency of the paper and smoothness that improves printability of the paper surface. All these properties increase the demand of the mineral from the paper and packing industry. Over the forecasted period, this trend is expected to grow. Kaolin has high demand in application segment such as pavements, and architectural structures and construction and building foundations to satisfy various needs. In terms of kaolin manufacturing such as sanitary ware and ceramic tiles the demand of kaolin is increasing in the forecasted period. The largest application segment of the kaolin market is paper segment. The demand of kaolin is increasing in developing regions.
The major players profiled in the report include Thiele Kaolin, Imerys SA, I-Minerals Inc, Quarzwerke GmbH, SCR-Sibelco N.V, KaMin LLC, BASF SE, LB Minerals Ltd., Kaolin AD, Ukrainian Kaolin Company, Daleco Resources Corporation And so on. Innovation and R&D are the key winning strategies of the market.
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