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Market Summary

The global talc market is forecast to reach USD 3.92 Billion by 2026, according to a new report by Reports and Data. These minerals include a variety of deposit types, such as Talc Carbonate, Talc Chlorite, and Others, among other products. These products are largely used for applications in automotive and transportation, constructions, food, cosmetic & care industries, among others.

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Increasing application of talcum in the construction industry for making sinks and cement are the driving factors that have boosted the growth of the global talc market. The products of the market are hugely used in paper & pulp, pharmaceutical, food, and many others. These products are made up of both available in a lump and powdered form. Stringent government regulations regarding the use of chemicals during the processing of such talc has affected the market. The rising demand for technologically advanced environment friendly and natural, chemical-free talcum supports the evolution of industrial mineral clay product, which is helping in the market growth of such minerals. The developing regions are promptly investing in the construction, electronics, automotive, and construction industries. India, China, Japan, Indonesia, and Taiwan are some of the major manufacturers of industrial talcum products which are propelling the market growth.

North America is a key region for the automotive market and is likely to witness a consistent growth rate in the forecast period owing to the growing automotive industries in the region. The huge production of talcum products used in the automotive industry are propelling the industrial talc market in this region. Moreover, advances in technology which are being developed across the region are further driving the growth of this market. The major key players in North America are focusing on new technological advancements to support the growth of the market for talcum products in the region.

Key Coverage of the Report

Region and country wise statistics of the global Talc market from the period 2016-2026. While 2016 & 2017 has been utilized as historical data, 2018 is considered the base year. 2019-2026 have been derived as forecasts.

Estimation of the market size along with historical and forecasted trend analysis.

Various application available for the market have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.

Share of Deposit type, Talc Carbonate, Talc Chlorite, and others, have been estimated.

Regional up-coming research and application outlook.

Regional prevalence has been mapped.

Demand and Supply GAP Analysis

Regional Competitors Pricing Strategy

Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the Talc Market

In February 2017, Imerys reported that two new financially feasible and condition cordial powder items had been presented economically, to be specific; JetFil V625C and V700C.

In December 2017 IMI FABI S.p.A., reported that another plant has been built up at the Brusada-Ponticelli-Valbrutta mine located in Lanzada, Italy.

Talcum is the mildest known mineral and had a rating of 1 on the Mohs hardness scale, which is the most reduced in all the known minerals. It can be effectively scratched by a fingernail and can be easily cut into pieces by a blade. It has clear brilliance and takes a particular gravity going from 2.5 top 2.8. It is insoluble in water and is partially soluble to weaken mineral acids.

Concerns regarding the effect of chemicals used in the manufacturing of talcum products have altered the emphasis from chemicals to green (bio-based) talc products, which are environment-friendly.

The expanding utilization of aramid fiber in defensive and fire-safe attire is reinforcing the development of the aramid fiber portion of the worldwide modern texture advertise. The rising demand and growing popularity of the construction industry will remarkably increase the rising demand for such rubber oil market.

Europe is forecasted to grow with a CAGR of 5.1% during the forecast period. The increase in automotive and transportation, ceramic, and construction industries in this region are boosting the market of industrial talcum consistently.

Companies considered and profiled in this market study

Mondo Minerals, IMI Fabi, Golcha Minerals, Minerals Technologies, Nippon Talc, Liaoning Qian He, Guangxi Longguang, Johns Manville, Longsheng Huamei, and Xilolite, among others.

The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.



Market-O-Nomics

The valuation for the Talc market was USD 2.67 Billion in 2018, and it is expected to reach USD 3.92 Billion by 2026.

The Paper and Pulp industry is forecasted to witness the highest CAGR of 5.3% during the forecast period. These industries use talcum as a pitch control agent. The talcum powder gives porosity, opacity, and smoothness to a paper which has boosted its market growth.

Talc Chlorite segment held the second-largest market share of 40.0% in the year 2018. This segment is showing significant growth in the market because it is used to make electrical switchboards, tabletops, electric cables, and many other products.

The talcum powder segment is forecasted to hold the highest CAGR of 5.1% during the forecast period. This segment is growing because of the helpful properties offered by modern talcum products, such as color consistency, great elasticity, creep strength, and controlled prolongation makes them perfect for use in various sectors.

North America is held to the second-largest market share of 25.7% in the year 2018. The demand for paper products is rapidly growing due to their usage in a wide range of applications, including construction, automotive, transportation, and others are expected to expand the market growth.

Segments Covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2026.

For the purpose of this report, Reports and Data have segmented into the global Talc market on the basis of product type, application, deposit type and region:

Deposit Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Talc Carbonate

Talc Chlorite

Others

Others

Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Talc Powder

Talc Lump

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Pulp & Paper

Plastic Industry

Ceramics

Paints & Coatings

Cosmetics & Personal Care

Pharmaceuticals

Food

Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

North America U.S.

Europe UK France

Asia Pacific China India Japan

MEA

Latin America Brazil

