Market revenue in 2023 | USD 342.9 million |
Market revenue in 2030 | USD 454.7 million |
Growth rate | 4.1% (CAGR from 2023 to 2030) |
Largest segment | Ceramics |
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 |
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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.
Ceramics was the largest segment with a revenue share of 34.85% in 2023. Horizon Databook has segmented the U.S. 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.
Investments in construction, infrastructure development, and automotive production are expected to contribute to market growth over the forecast period. The growth of the construction industry in the U.S. is a key factor contributing to the demand for kaolin in the country.
According to the U.S. Census Bureau, the total construction spending (residential and non-residential) grew by 3.5% in June 2023 on a y-o-y basis. The spending on single-family housing increased by 2.1% and multi-family housing by 1.5%. Furthermore, government efforts toward bringing semiconductor production back to the U.S. is propelling the construction of factories.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. kaolin market , including forecasts for subscribers. This country databook contains high-level insights into U.S. kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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