Talc Market in Asia and Pacific (APAC) Region to be Worth US$ 936 Million by 2022

Bangalore, India, December 29, 2016 --(PR.com)-- The global talc market revenue are expected to cross US$ 1.6 billion by 2022 with an impressive CAGR closed to 4.6%. The analysts at Beige Market Intelligence expect the APAC region to contribute the most both in terms of revenue and volume consumption.

Beige Market Intelligence has recently published its latest report on global talc market with the title “ Global Talc Market – Strategic Assessment and Forecast Till 2022.” As the name describes this market research report contains the in-depth analysis of the global talc market. This market research report has a detailed market segmentation and growth forecast of each segment of the global talc market.

Global Talc Market By Deposit Type (Magnesium Carbonate, Serpentines, Aluminium Silicates, Other)
By End User (Plastics, Ceramics, Paper, Paint, PersonalCare, Roofing, Rubber and Cables, Others)
By Geography (APAC, North America, EMEA, Latin America)
By Countries ( Africa, Australia, Canada, China, Europe, India, Japan, Middle East, US)

Industry Analysis, Market Size, Market Share, Key Vendors, Growth, Trends, Drivers and Forecast 2016 – 2022 is inscribed in 127 pages along with more than 21 Key sections and subsections with 106 figures.

The revenue of talc market in APAC region is forecasted to reach approx. US$ 936 million with a growing CAGR closed to 5.4% over the next five years.

In the past 30 years, APAC has become a driver for world's manufacturing growth and infrastructural expansion. Almost all the chemical manufacturers and mineral producers have manufacturing presence in APAC region to leverage upon the cheaper factors of production. China dominates the production of white talc with the country remaining a competitive supplier of the product. India ranks among the leading five producers of talc and steatite stones. With an aggregate production capacity of greater than five lakh tons of talc, the country is a key exporter of the material.

The volume consumption of talc in APAC region is expected to cross 4 million tons by 2022
APAC, undoubtedly, remains to be the key consumption region with demand constituting as much 55% of the worldwide demand. APAC also hosts more than half of the global talc trade in terms of volumes. The demand for the mineral in the region is driven by the consumption in rapidly growing end use segments such as paints and coatings, ceramics and plastics. The global talc market research report provides a detailed market size and market forecast both in terms of revenue and volume consumption of the key countries in various region. The major countries described in market research report contributing the growth of global talc market from APAC region are China, India, Japan and Australia.

Furthermore, the report also outlines the key strength, emerging opportunities of the major as well as emerging manufacturer and suppliers. The Major vendors included in the global talc market research report are Imerys, Mondo Minerals, Minerals Technologies, IMI FABI, American Talc Company. Other vendors 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.

About Beige Market Intelligence

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Beige Market Intelligence
Khyama Patra
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