Asia Pacific Pyrophyllite Market Size & Outlook, 2022-2030
Asia Pacific pyrophyllite market, 2018-2030 (US$M)
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Asia Pacific pyrophyllite market highlights
- The Asia Pacific pyrophyllite market generated a revenue of USD 494.7 million in 2022.
- The market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, refractories & foundries was the largest revenue generating application in 2022.
- Ceramics is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 494.7 million |
| Market revenue in 2030 | USD 670.6 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Refractories & foundries |
| Fastest growing segment | Ceramics |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramics, Refractories & Foundries, Fillers |
| Key market players worldwide | R.T. Vanderbilt Holding Company |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 53.9% of the global pyrophyllite market in 2022.
- 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 670.6 million by 2030.
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Pyrophyllite Market Scope
Pyrophyllite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific pyrophyllite 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 pyrophyllite market will help companies and investors design strategic landscapes.
Refractories & foundries was the largest segment with a revenue share of 52.27% in 2022. Horizon Databook has segmented the Asia Pacific pyrophyllite market based on ceramics, refractories & foundries, fillers covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing manufacturing activities and surging foreign investments are the key drivers fueling the growth of the pyrophyllite market in Asia Pacific. The flourishing end-use industries such as iron and steel mills, foundries, paints & coating, and building & construction are also anticipated to contribute to the increased consumption of pyrophyllite in Asia Pacific from 2023 to 2030.
The Asia Pacific pyrophyllite market witnessed healthy growth from 2016 to 2019 owing to the steady rise in the production of iron and steel products in the region. Crude steel production has decreased since 2020 due to various factors such as the COVID-19 outbreak, the Russia-Ukraine war, recessionary fears, and global economic slowdown.
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Target buyers of Asia Pacific pyrophyllite market databook
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Our clientele includes a mix of pyrophyllite market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pyrophyllite market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pyrophyllite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pyrophyllite market size, by country, 2018-2030 (US$M)
Asia Pacific Pyrophyllite Market Share, 2022 & 2030 (US$M)
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