Market revenue in 2023 | USD 1,885.4 million |
Market revenue in 2030 | USD 2,614.9 million |
Growth rate | 4.8% (CAGR from 2023 to 2030) |
Largest segment | Paper |
Fastest growing segment | Ceramics |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Paper, Ceramics, Paint & Coatings, Fiber glass, Plastic, Rubber, Pharmaceuticals & medical, Cosmetics |
Key market players worldwide | Basf SE, Minerals Technologies Inc, GL Sciences Inc, Imerys, EICL, KaMin Solutions, Sibelco, Thiele Kaolin Company |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to kaolin market will help companies and investors design strategic landscapes.
Paper was the largest segment with a revenue share of 37.23% in 2023. Horizon Databook has segmented the Asia Pacific kaolin market based on paper, ceramics, paint & coatings, fiber glass, plastic, rubber, pharmaceuticals & medical, cosmetics covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the largest consumer and manufacturer of kaolin in the world. Increasing requirements across various industries, such as infrastructure & construction, packaging, automotive & transportation, energy, and electronics, are anticipated to further augment market growth over the forecast period. Recent economic development and rapid industrialization has stimulated the growth of the kaolin market in Asia Pacific.
The region is predicted to exhibit the fastest growth rate in the kaolin market over the forecast period. Countries such as China, India, Japan, Malaysia, Vietnam, Indonesia, and South Korea are projected to be the major contributors to the growth of kaolin market in Asia Pacific.
Stringent government regulations in these regions are responsible for the sluggish growth of the kaolin market. However, the ongoing research and development activities in these economic regions are likely to fuel the growth of the kaolin industries in the coming years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific kaolin market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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