China Pyrophyllite Market Size & Outlook, 2022-2030
China pyrophyllite market, 2018-2030 (US$M)
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China pyrophyllite market highlights
- The China pyrophyllite market generated a revenue of USD 250.9 million in 2022 and is expected to reach USD 344.5 million by 2030.
- The China market is expected to grow at a CAGR of 4% 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.
Pyrophyllite market data book summary
| Market revenue in 2022 | USD 250.9 million |
| Market revenue in 2030 | USD 344.5 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Refractories & foundries |
| Fastest growing segment | Ceramics |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 27.3% of the global pyrophyllite market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pyrophyllite market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 170.6 million by 2030.
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Pyrophyllite Market Scope
Pyrophyllite Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 45.28% in 2022. Horizon Databook has segmented the China pyrophyllite market based on ceramics, refractories & foundries, fillers covering the revenue growth of each sub-segment from 2018 to 2030.
China is also the largest producer and exporter of ceramic products worldwide. The products are primarily used in construction, industrial, and medical industries. It is the largest producer of wheat and rice across the globe. According to FAO, the country produces around one-fourth of global grains and feeds around one-fifth of the world population.
China is implementing effective policies for achieving agricultural modernization by 2025. It aims to increase its food supplies and other agricultural products with annual grain production going beyond 650 million tons. The growth of the agricultural sector is expected to propel the demand for pyrophyllite over the forecast period.
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Target buyers of China 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 country-level data and insights on the China pyrophyllite market, including forecasts for subscribers. This country databook contains high-level insights into China pyrophyllite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China pyrophyllite market size, by application, 2018-2030 (US$M)
China Pyrophyllite Market Share, 2022 & 2030 (US$M)
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