Zion Market Research, The Market Research Group Announced The Analysis Report Titled "Industrial Clay Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026 "

Sarasota, FL -- (SBWire) -- 01/04/2019 --Global Industrial Clay Market: Overview

Industrial clay is a chemical composition of minerals, metal oxides, and organic traces, which is widely acknowledged due to its property of staying rigid and hard even at extreme temperatures.

Industrial clay is a modeling material which is mainly used by automotive design studios. The product is created as an industrial version of plasticine or hobby clay. It is based on wax and typically contains sulfur, which gives a characteristic smell to most artificial clays. The styled object can be used to create molding.

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Global Industrial Clay Market: Growth Factors

The growing trend of using clay in sectors such as rubbers, catalysts, ceramics, refractories, cement, and paints will drive the growth of industrial clay market in the coming years. Massive expenditure for infrastructure development, particularly in emerging countries, in light of government initiatives to boost domestic output is likely to play a vital role in the growth of the global industrial clay market over the years ahead. Moreover, the robust growth of the end-user industries such as paint and construction is driving the demand for industrial clay. However, the internal threat of substitutes such as bauxite and calcium carbonate will hamper the market from realizing its full potential. The rising prices of clay are also expected to negatively influence the growth of the market. However, the constant research and development activities and the introduction of bio-ceramics are poised to create ample growth opportunities for the market.

Global Industrial Clay Market: Segmentation

The global industrial clay market can be divided based on product type and application. Based on the product type, the market is segmented into Kaolin, Chlorite, Smectite, Illite, and others. On the basis of application type, the market is divided into tableware, catalyst, paints, cement, ceramics, refractories, rubber, sanitary ware, and medical.

Global Industrial Clay Market: Regional Analysis

Based on regions, the global industrial clay market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The Asia Pacific region is anticipated to register tremendous growth during the forecast period owing to the rapid development of several end-user industries. Countries such as China, India, Japan, and South Korea are anticipated to contribute lucratively towards the regional growth over the coming years. The increasing urbanization, abundant availability of minerals, and growing population are also augmenting the industrial clay market growth in the region. The North America industrial clay market growth is propelled by the rising investments in infrastructural development. Countries such as the U.S. and Canada are anticipated to be the regional revenue contributors of the North America over the coming years. Europe, LATAM, and MEA regions are estimated to witness a massive expansion at a significant CAGR owing to the rising focus on the development and renovation of roads and other basic infrastructure in several countries of the region.

Global Industrial Clay Market: Competitive Players

The key players of the global industrial clay market include BASF SE, Thiele Kaolin Company, LB Minerals, Ltd., J.M. Huber Corporation, Daleco Resources Corp, I-Minerals Inc., Imerys, Quarzwerke Gruppe, and Sibelco.

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Global Industrial Clay Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa