India Pyrophyllite Market Size & Outlook, 2022-2030
India pyrophyllite market, 2018-2030 (US$M)
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India pyrophyllite market highlights
- The India pyrophyllite market generated a revenue of USD 121.9 million in 2022 and is expected to reach USD 170.6 million by 2030.
- The India market is expected to grow at a CAGR of 4.3% 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 121.9 million |
| Market revenue in 2030 | USD 170.6 million |
| Growth rate | 4.3% (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, India accounted for 13.3% 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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India 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 68.42% in 2022. Horizon Databook has segmented the India pyrophyllite market based on ceramics, refractories & foundries, fillers covering the revenue growth of each sub-segment from 2018 to 2030.
India ranks second in terms of ceramic tile production in APAC as well as across the globe. The country has an approximately 955-million square meters installed capacity of ceramic tiles. Morbi, Hangar, Virudhachalam, Himatnagar, Khurja, Palapa, and other cities have emerged as major ceramic tile manufacturing clusters in India.
The presence of such developed market for ceramics and its related products in India is projected to drive the ceramic market, which is expected to propel the consumption of pyrophyllite in the country. In addition, ceramic roof tiles are becoming popular, especially in Southern India owing to their high aesthetic appeal.
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Our clientele includes a mix of pyrophyllite market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India pyrophyllite market, including forecasts for subscribers. This country databook contains high-level insights into India pyrophyllite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India pyrophyllite market size, by application, 2018-2030 (US$M)
India Pyrophyllite Market Share, 2022 & 2030 (US$M)
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