Europe Pyrophyllite Market Size & Outlook, 2022-2030
Europe pyrophyllite market, 2018-2030 (US$M)
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Europe pyrophyllite market highlights
- The Europe pyrophyllite market generated a revenue of USD 165.6 million in 2022.
- The market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
- In terms of segment, ceramics 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, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 165.6 million |
| Market revenue in 2030 | USD 217.3 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Ceramics |
| 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, Europe region accounted for 18.0% 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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Europe 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.
Ceramics was the largest segment with a revenue share of 45.11% in 2022. Horizon Databook has segmented the Europe pyrophyllite market based on ceramics, refractories & foundries, fillers covering the revenue growth of each sub-segment from 2018 to 2030.
As the war further worsened, average monthly pig iron supplies from Ukraine dropped by 87%, thus impacting the steel plants in Europe and the U.S. Furthermore, the European Union retaliated to this situation by sanctioning bans on Russian companies, which changed international trade routes.
As a result, Russia started exporting to other countries by offering huge discounts on commodities including pig iron, steel semis, and long steel products. This caused steel prices to reach minimal levels. Due to the war, the supply chain was disrupted, impacting steel production and consumption.
Owing to this, the region is witnessing a significant boost in the production of electric vehicles, which is expected to propel the demand for electric steel, thus opening new market opportunities for pyrophyllite manufacturers over the forecast period.
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Target buyers of Europe 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 Europe pyrophyllite market, including forecasts for subscribers. This continent databook contains high-level insights into Europe pyrophyllite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe pyrophyllite market size, by country, 2018-2030 (US$M)
Europe Pyrophyllite Market Share, 2022 & 2030 (US$M)
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