According to the latest market research study by Technavio, the global talc market is expected to grow at a CAGR of close to 4% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global talc market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-user
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The top three revenue contributing end-user segments are discussed below:
Global talc market for plastics and rubber industry: Talc is used in the plastics industry as a reinforcing filler in polyolefin compounds such as polypropylene and engineering thermoplastics to enhance the properties of these plastic products. It is used as a filler and a modifier in the rubber industry and helps in enhancing the properties of elastomers such as rigidity improvement, higher barrier properties, and many more.
“The growth of talc in the plastic industry is attributed to its property to improve the strength, dimensional stability, stiffness, thermal and electrical resistance, color consistency, and scratch resistance. In the rubber industry, the processing of rubber is enhanced due to the decrease in viscosity of rubber by the addition of talc. Among various regions, APAC is the leading region in the consumption of talc in both plastic as well as rubber industry,” says Ajay Adikari, a lead analyst at Technavio for research on metals and minerals.
Global talc market for paper and pulp industry: In the paper and pulp industry, talc is mainly used as paper and pulp modifier and filler. The paper filler application helps in enhancing the properties of paper. Talc mineral is extensively used for three main applications in the paper industry, which include pitch coating, pitch control, and paper filler. In this industry, the leading consumers of talc are North America and APAC.
Global talc market for ceramics industry: In the ceramic industry, talc is used in the manufacturing of ceramic products such as tableware, wall and floor tiles, porcelain, electric insulators, technical ceramics, and steatite ceramics. It is also used in the automotive cordierite ceramics, mullite refractories, electro-ceramics, porcellanato stoneware tiles, frits, glazes, and engobes. The talc acts as a fluxing agent for glazes as it decreases their melting point and improves their vitrifications.
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The top vendors operating in the global talc market are:
- Golcha Minerals
- Imerys
- IMI Fabi
- Mondo Minerals
- Nippon Talc
The other prominent vendors in the market include American Talc Company, Guangxi Guilin Longsheng Huamei Talc Development, Haichen Minchem, Hayashi-Kasei, Jai Group, Liaoning AIHAI Talc, Minerals Technologies, and Shandong Pingdu Talc Mine Industrial.
A more detailed analysis is available in the Technavio market research report titled, ‘Global Talc Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Bentonite Market 2017-2021
- Global Calcium Carbonate Market 2016-2020
- Global Lime Market 2016-2020
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