UK Kaolin Market Size & Outlook, 2023-2030
UK kaolin market, 2018-2030 (US$M)
Related Markets
UK kaolin market highlights
- The UK kaolin market generated a revenue of USD 131.7 million in 2023 and is expected to reach USD 154.7 million by 2030.
- The UK market is expected to grow at a CAGR of 2.3% 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 131.7 million |
| Market revenue in 2030 | USD 154.7 million |
| Growth rate | 2.3% (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, UK accounted for 3.3% 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 |
|---|
UK 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 UK 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 UK economy has been consistent since Q1 2022, after showing a growth trend from Q1 2021 (PostCOVID). In Q1 2023, the GDP growth was 0.1% on a quarterly basis and 0.5% lower than the pre-COVID level.
Inflation largely impacted the disposable income and economists anticipate a risk of recession in the coming year, due to higher interest rates. As of May 2023, the GDP fell by 0.1% compared to the previous month.
The above chart depicts the GDP growth trend of the UK from May 2022 to May 2023. The production output fell in the country by 0.6% in May 2023, compared to the previous month. The construction sector witnessed its third consecutive fall in May 2023 in terms of volume.
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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 UK kaolin market , including forecasts for subscribers. This country databook contains high-level insights into UK kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK kaolin market size, by application, 2018-2030 (US$M)
UK Kaolin Market Outlook Share, 2023 & 2030 (US$M)
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