Pune, India -- (SBWIRE) -- 04/12/2019 -- The report on Kaolin Market by type (natural, and synthetic), applications (ceramics, paints, cosmetics, rubber, paper, pesticides, pharmaceuticals, and others) trends analysis and forecasts up to 2024 studies the market sizes, key trends and opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global kaolin market is projected to grow at a CAGR in terms of value over the period of 2018-2024. The growth in the world market is primarily driven by a significant contribution by North America (Leading region) region to this market. The global kaolin market is projected to grow at a CAGR of 5.1% over the forecast period of 2018-2024.

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Kaolin Market: Industry Insights

Kaolin is a type of clay formed from weathered granite. Kaolin is widely used in the making of rubber, paper, paint, and many other products. Kaolin has unique physical and chemical properties such as shape, fine particle size, non-abrasiveness, softness, color, and chemical properties that includes relative insolubility and kaolin surface with stability, and comparatively low base exchange capacity helps in governing in many industrial uses.

Kaolin Market: Drivers and Restraints

Growing use kaolin in construction activities drives the growth of Kaolin Market. Kaolin is used as raw material in the construction industry for the production of white cement clinker and as an artificial pozzolanic additive for concrete. Several types of kaolin improve strength, durability, and workability of Portland cement concrete. These factors boost the growth of kaolin Market. Furthermore, kaolin has major importance in the paper and ceramic industry because in these industries, kaolin clay is used as raw material and provides high fusion temperature and white burning characteristics as well as it is used for a number of auxiliary applications that in turn boost the growth of Kaolin market. However, the availability of other substitutes may hamper the growth of the kaolin market.

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Kaolin Market: Segmentation

The global kaolin market categorized into segments such as type and applications. On the basis of type, the kaolin market is divided into natural, and synthetic. Among these type, synthetic kaolin is an essential ingredient of water-based paints as it has an excellent balance of properties. On the basis of applications, the kaolin market segmented into ceramics, paints, cosmetics, rubber, paper, pesticides, pharmaceuticals, and others. Among these applications, the paper segment holds the largest share of the kaolin market. Almost 40 percent of the kaolin produced is used in the coating and filling of paper.

Kaolin Market: Region Insights

Geographically, Asia Pacific holds the largest share of the Kaolin Market. Kaolin is widely used in the paper industry. In Japan, large papermaking industries are available that especially for high-end coating clays and potentially lightweight newsprint-filler calcined clays. In Japan, kaolin consumption is around 1 million tons per year. Growth in China's papermaking industry is increasing. These factors drive the growth of the kaolin market in the region. Availability of major producers and consumers in the region boosts the growth of kaolin market.

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Kaolin Market: Competitive Analysis

The prominent players in the kaolin market are BASF SE, Thiele Kaolin Company, Imerys, I-Minerals, Inc., Quarzwerke GmbH, KaMin LLC., Sibelco, LB MINERALS, LTD, Kaolin AD, and AKW Ukrainian Kaolin Company.

Reasons to Buy this Report:

- Comprehensive analysis of global as well as regional markets of the Kaolin.

- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.