Mexico Kaolin Market Size & Outlook, 2023-2030
Mexico kaolin market, 2018-2030 (US$M)
Related Markets
Mexico kaolin market highlights
- The Mexico kaolin market generated a revenue of USD 19.4 million in 2023 and is expected to reach USD 21.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 1.2% 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.
Kaolin market data book summary
| Market revenue in 2023 | USD 19.4 million |
| Market revenue in 2030 | USD 21.1 million |
| Growth rate | 1.2% (CAGR from 2023 to 2030) |
| Largest segment | Paper |
| Fastest growing segment | Ceramics |
| 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, Mexico accounted for 0.5% 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 |
|---|
Mexico 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 37.11% in 2023. Horizon Databook has segmented the Mexico 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.
The kaolin market in Mexico is poised to grow from USD 17.9 million in 2022 to USD 21.0 million by 2030, registering a compounded annual growth rate of nearly 2.1% over the forecast period The growth is attributed to increasing investment by the government in the construction & upgradation of water infrastructural projects.
The demand for kaolin is anticipated to surge in the country in the coming years owing to an increase in the construction of new residential buildings in Mexico. According to a study, the country requires over 800 thousand housing units a year in the coming 20 years to cater to the growing demand for them. This is anticipated to positively influence the demand for kaolin over the forecast period.
Mexico government is going to invest USD 474 million in collaboration with the U.S. for the expansion of wastewater treatment plant in San Diego and Tijuana. Thus, the rising investments for wastewater treatment plants, sewage management, and desalination projects are anticipated to boost the market growth in Mexico over 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 Mexico kaolin market , including forecasts for subscribers. This country databook contains high-level insights into Mexico kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico kaolin market size, by application, 2018-2030 (US$M)
Mexico Kaolin Market Outlook Share, 2023 & 2030 (US$M)
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