Russia Kaolin Market Size & Outlook, 2023-2030
Russia kaolin market, 2018-2030 (US$M)
Related Markets
Russia kaolin market highlights
- The Russia kaolin market generated a revenue of USD 67.6 million in 2023 and is expected to reach USD 86.1 million by 2030.
- The Russia market is expected to grow at a CAGR of 3.5% 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 67.6 million |
| Market revenue in 2030 | USD 86.1 million |
| Growth rate | 3.5% (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, Russia accounted for 1.7% of the global kaolin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany kaolin market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 414.5 million by 2030.
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Kaolin Market Scope
Kaolin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia 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 37.28% in 2023. Horizon Databook has segmented the Russia 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.
Russia’s economic growth fell in 2022 owing to the sanctions imposed by Western countries due to its ongoing war with Ukraine. According to the European Union, the country’s gross domestic product (GDP) decreased by 2.1% in 2022 owing to the trade sanctions.
In the short term, the demand for structural steel is anticipated to be sluggish in the country. The government of Russia is also working on urban development projects including parks, squares, renovation of streets, and other public spaces. It has allocated around USD 96 billion to develop existing ports, railways, airports, highways, and other transport infrastructure by 2024.
These infrastructure projects along with similar other projects in the country require abundant kaolin, which is anticipated to drive the market in the coming years. Also, New Moscow Development is another ambitious project planned by the government to expand the city, which is anticipated to boost the growth of residential sector 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia kaolin market , including forecasts for subscribers. This country databook contains high-level insights into Russia kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia kaolin market size, by application, 2018-2030 (US$M)
Russia Kaolin Market Outlook Share, 2023 & 2030 (US$M)
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