Dublin, April 08, 2019 (GLOBE NEWSWIRE) -- The "Kaolin Market Size, Share & Trends Analysis Report By Application (Ceramics, Plastic, Pharmaceuticals & Medical, Paint & Coatings, Cosmetics, Fiber Glass, Paper, Rubber), By Region, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global kaolin market size is expected to reach USD 9.8 billion by 2025 registering a CAGR of 8.8%
High demand from fiberglass and fiberglass composites is expected to be one of the key factors boosting the market growth. Fuel efficiency of an average passenger vehicle in U.S. reached 25 miles per gallon in 2016 from 13.5 miles per gallon in 1975, before the introduction of CAF standards. Focus of the governments of various countries to improve fuel efficiency and reduce pollution is projected to propel the development of fiberglass market, ultimately leading to a rise in the demand for kaolin over the coming years.
Kaolin is used as a filler and coating material in the paper & pulp industry. The product increases gloss, smoothness, brightness, and paint absorbency of paper, which further improves the printability of paper surface. However, stagnant growth of the paper industry in North America region may affect the demand for kaolin products. For instance, paper industry in Canada is facing a serious challenge from electronic media as a source of entertainment and information.
Despite such challenges, rising demand for flexible packaging paper from North America and Europe food & beverage sectors is expected to have a positive impact on the paper industry over the forecast period. Thereby, resulting in a stable demand for kaolin products. For instance, in 2017, paper-based containers accounted for a sales volume of nearly 39.3 billion units in the food packaging sector of North America. Various long-term investment strategies adopted by key companies are creating a positive impact on the market growth.
Recently, BASF SE announced an investment of USD 200 million for their kaolin business. The company is aiming to achieve operational sustainability and efficiency through this strategy. Increasing investments from the manufacturers to meet the regulatory norms coupled with rising labor, energy and logistics costs have led to an increase in the prices of kaolin. Companies including Imerys and KaMin LLC have announced an increase in the price of kaolin products in 2018, to ensure long-term sustainability in the market. Companies also take efforts to maintain strong relations with logistics partners to optimize the cost.
Further key findings from the study suggest:
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Kaolin Market Variables, Trends & Scope
3.1 Market lineage outlook
3.2 Penetration & growth prospect mapping
3.3 Kaolin market - Industry value chain analysis
3.3.1 Manufacturing trends
3.3.1.1 Sales channel analysis
3.3.1.2 Vendor selection criteria
3.4 Regulatory framework
3.4.1. Workplace Hazardous Materials Information System (WHMIS)
3.4.2. Food and Drug Administration (FDA)
3.4.3. Georgia Mining Association
3.5 Market dynamics
3.5.1 Market driver analysis
3.5.1.1 Growing demand for fiberglass and fiberglass composites
3.5.1.2 Growing demand for paper packaging
3.5.2 Market restraint analysis
3.5.2.1 Regulations on mining activities
3.5.3 Industry challenges
3.6 Business environment analysis: Kaolin market
3.6.1 PESTEL analysis
3.6.2 Porter's five forces analysis
3.7 Kaolin manufacturing process - Qualitative analysis
3.8 Kaolin prices, by region (USD/ton)
Chapter 4 Kaolin: Application Estimates & Trend Analysis
4.1 Application Movement Analysis & Market Share, 2018 & 2025
4.2 Paper
4.3 Ceramics
4.4 Fiberglass
4.5 Plastic
4.6 Paint & coatings
4.7 Rubber
4.8 Pharmaceutical & medical
4.9 Cosmetics
4.10 Others
Chapter 5 Kaolin Market: Regional Estimates & Trend Analysis
5.1 Regional Movement Analysis & Market Share, 2018 & 2025
Chapter 6 Company landscape
6.1 Key global players & recent developments & their impact on the industry
6.2 Key company/competition categorization (key innovators, market leaders, emerging players)
6.3 Vendor landscape
Chapter 7 Company Profiles
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