Canada Kaolin Market Size & Outlook, 2023-2030
Canada kaolin market, 2018-2030 (US$M)
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Canada kaolin market highlights
- The Canada kaolin market generated a revenue of USD 103.4 million in 2023 and is expected to reach USD 124.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 2.7% from 2024 to 2030.
- In terms of segment, paper was the largest revenue generating application in 2023.
- Pharmaceuticals & medical is the most lucrative application segment registering the fastest growth during the forecast period.
Kaolin market data book summary
| Market revenue in 2023 | USD 103.4 million |
| Market revenue in 2030 | USD 124.3 million |
| Growth rate | 2.7% (CAGR from 2023 to 2030) |
| Largest segment | Paper |
| Fastest growing segment | Pharmaceuticals & medical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 2.6% of the global kaolin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. kaolin market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 454.7 million by 2030.
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Kaolin Market Scope
Kaolin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada kaolin market outlook
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 38.97% in 2023. Horizon Databook has segmented the Canada 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.
For instance, under the Investing in Canada Infrastructure Program, the long-term infrastructure development plan of the federal government, the government is intending to upgrade wastewater and water treatment plants in the country.
A fund of USD 33 billion has been dedicated toward infrastructure development, and it is being delivered through bilateral agreements between Infrastructure Canada, the federal body responsible for the infrastructure policy development, and each province.
In addition, companies are now investing in pharmaceutical companies owing to their growth, especially during the pandemic. These investments in production units are expected to positively influence the industry, which will in turn boost the kaolin & meta-kaolin market size growth across the forecast period.
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Our clientele includes a mix of kaolin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada kaolin market , including forecasts for subscribers. This country databook contains high-level insights into Canada kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada kaolin market size, by application, 2018-2030 (US$M)
Canada Kaolin Market Outlook Share, 2023 & 2030 (US$M)
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