The global kaolin market size was USD 4.52 Billion in 2021 and is expected to register a revenue CAGR of 4.6% during the forecast period. Global kaolin market revenue growth is primarily driven by factors such as increasing adoption of kaolinite for medical and cosmetic formulations, rising demand for bright and high-quality paper in academic institutions, offices, and printing industries, and steady use of kaolin as a pesticide in the agriculture industry. In addition, use of kaolin as a substitute or active ingredient for other commercially important minerals is another factor driving revenue growth of the market over the forecast period.
Kaolin is a naturally-occurring, chemically inert, and water-insoluble mineral principally containing kaolinite along with feldspar, quartz, and muscovite in varying amounts. Chemical properties of clay, added with its antimicrobial properties, makes it an essential component in various end-use industries including agriculture and pharmaceutical.
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Top Players in the Global Kaolin Market:
Imerys S.A., BASF SE, EICL Limited, KaMin LLC, Minotaur Exploration Limited, I-Minerals, Inc., LB MINERALS, Ltd., 20 Microns Ltd., SCR-Sibelco NV, and Active Minerals International, LLC.
The U.S. Environmental Protection Agency (US-EPA) has approved use of kaolin suspensions as a pesticide to prevent infestation by insects and mites and avoid bacterial and fungal infections in various fruit and vegetable crops, such as potatoes, citrus fruits, apples, beans, and beets, among others. Farmers and livestock keepers use minerals in conjunction with pectin for treatment of livestock. The mineral is also used in apiculture farms to be used as a processing aid for extraction of propolis. According to World Bank statistics, the U.S. was top exporter of kaolin and other clays in 2021, with a trade value of USD 616 million, whereas the European Union was top importer with a trade value of USD 501 million.
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Market segmentation based on Application Outlook:
- Paper Coating and Filling
- Feedstock Treatment
- Medicines and Cosmetics
- Paints and Coatings
- Surface-Modified & Unprocessed
- Paper Industry
- Ceramic Industry
- Agricultural Industry
- Paints Industry
- Pharmaceutical Industry
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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