Latin America Kaolin Market Size & Outlook, 2023-2030

The kaolin market in Latin America is expected to reach a projected revenue of US$ 72.9 million by 2030. A compound annual growth rate of 2.1% is expected of Latin America kaolin market from 2024 to 2030.
Revenue, 2023 (US$M)
$62.9
Forecast, 2030 (US$M)
$72.9
CAGR, 2024 - 2030
2.1%
Report Coverage
Latin America

Latin America kaolin market highlights

  • The Latin America kaolin market generated a revenue of USD 62.9 million in 2023.
  • The market is expected to grow at a CAGR of 2.1% from 2024 to 2030.
  • In terms of segment, paper was the largest revenue generating application in 2023.
  • Ceramics is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 62.9 million
Market revenue in 2030USD 72.9 million
Growth rate2.1% (CAGR from 2023 to 2030)
Largest segmentPaper
Fastest growing segmentCeramics
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPaper, Ceramics, Paint & Coatings, Fiber glass, Plastic, Rubber, Pharmaceuticals & medical, Cosmetics
Key market players worldwideBasf SE, Minerals Technologies Inc, GL Sciences Inc, Imerys, EICL, KaMin Solutions, Sibelco, Thiele Kaolin Company


Other key industry trends

  • In terms of revenue, Latin America region accounted for 1.6% of the global kaolin market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,614.9 million by 2030.

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Kaolin Market Scope

Kaolin market segmentation & scope
Paper
Ceramics
Paint & Coatings
Fiber glass
Plastic
Rubber
Pharmaceuticals & medical
Cosmetics
Others

Kaolin Market Companies

Name Profile # Employees HQ Website

Latin America 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 36.88% in 2023. Horizon Databook has segmented the Latin America 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.


According to a report by the Organization for Economic Co-operation and Development (OECD) 2022, steel production in Central & South America dropped in 2022 owing to the high inflation, Russia-Ukraine conflict, and an expected economic slowdown. In addition, reduced growth in the construction and automotive industries in recent years has impacted the kaolin market.

Rising investment in the construction industry is expected to propel the demand for products over the forecast period. For instance, in April 2022, the Peru City Council approved an amount of USD 600 thousand to support the development of a new USD 20.00 million housing project in Peru.

The project is planned to include 174 housing units, which are distributed into traditional apartments, patio apartments, and duplexes, with approximately 50,000-square-foot senior housing.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America kaolin market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America kaolin market size, by country, 2018-2030 (US$M)

Latin America Kaolin Market Outlook Share, 2023 & 2030 (US$M)

Latin America kaolin market size, by country, 2018-2030 (US$M)

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