Market Insights:
The global kaolin market is primarily driven by the increasing demand for the product in the paper industry. About 40% of kaolin is used for filling and coating of paper. When mixed with cellulose fiber, it enhances the opacity, printability, texture, and color of the paper sheet. Kaolin is an excellent substitute of calcium carbonate as a filler due to its easy availability and competitive price. Furthermore, the use of kaolin in the production of chinaware and porcelainware is driving the market growth. Kaolin is used in the production of biodiesel through transesterification of vegetables, which is projected to propel the market growth further.
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The increasing environmental concerns and need for reduction of carbon emissions have influenced the use of biodiesel, which has augmented the market growth. Moreover, the product is identified as a food additive by the Food and Drug Administration, which is likely to offer a number of opportunity to the food & beverage industry. Favorable regulations from India Food Safety & Standards and EU Regulation 1169/2011 have created new opportunities and are expected to drive the global market over the assessment period 2017-2023. The increasing use of kaolin in pharmaceuticals and personal care products due to its absorptive capacity and antibacterial nature is fuelling the market demand positively.
Competitive Analysis
- BASF SE
- Quarzwerke GmbH
- Kaolin AD
- KaMin LLC.
- Sibelco
- I-Minerals, Inc.
- Thiele Kaolin Company
- Imerys
- LB MINERALS, LTD
- AKW Ukrainian Kaolin Company
Industry Updates:
Mar 2018 Kaolin which is a wholly-owned Bulgarian subsidiary of Germany’s Quarzwerke GmbH, has planned to invest 30 million euro in establishing up a new processing plant in the town of Dulovo, in the country’s northeast region. The plant’s construction will commence in 2019 and will be completed in 2 years.
Segmental Analysis:
The segmentation of the kaolin market is segmented on the basis of grade, type, and application. On the basis of grade, the market is segmented into hydrous, calcined, pulverized, surface modified, and others. The kaolin market is segmented on the basis of the type into synthetic and natural. On the basis of application, the kaolin market is segmented into ceramics, paper, fiberglass, paints & coatings, pharmaceuticals, construction, plastics, rubber, and others.
Detailed Regional Analysis:
The kaolin market is segmented into regions such as Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa. The Asia Pacific region is responsible for the principal market portion both in terms of volume and value owing to the high use of the product especially in the paper industry for packaging. The high export level and packaging of electronics, automotive, and consumer goods have augmented the market development in the region. The growing demand for kaolin from the cement manufacturing industry and pharmaceuticals sector is another driver of the market development globally. The high penetration of the paints & coatings industry in countries such as Japan, China, India is likely to provide a positive stimulus to the market growth. The North American region is the subsequent major region in the kaolin market on account of increased demand for kaolin from the paper packaging industry. The widespread use of kaolin for cement manufacturing is expected to motivate the product demand for the construction sector in the North American region. The demand for kaolin in the European region is growing due to the manufacture of concrete, biodiesel, and paints & coatings. The increasing rate of construction activities in the Latin American region is anticipated to drive the kaolin market in the forecast period. The ongoing infrastructural activities in the GCC nations are motivating the development of the kaolin market in the Middle East region.
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