Mexico Pyrophyllite Market Size & Outlook, 2022-2030
Mexico pyrophyllite market, 2018-2030 (US$M)
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Mexico pyrophyllite market highlights
- The Mexico pyrophyllite market generated a revenue of USD 19.6 million in 2022 and is expected to reach USD 24.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 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 19.6 million |
| Market revenue in 2030 | USD 24.9 million |
| Growth rate | 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, Mexico accounted for 2.1% of the global pyrophyllite market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pyrophyllite market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 172.0 million by 2030.
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Pyrophyllite Market Scope
Pyrophyllite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 42.35% in 2022. Horizon Databook has segmented the Mexico pyrophyllite market based on ceramics, refractories & foundries, fillers covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in construction activities in Mexico for developing new housing units is expected to enhance the demand for pottery and ceramics in the country in the next several years. According to Reuters, Mexico is needs to build more than 800,000 homes annually over the next 20 years to meet the rising demand for residential housing.
This is anticipated to have a positive impact on the consumption of paints & coatings, steel, and ceramics-based products such as tableware and artware, thereby fueling the growth of pyrophyllite market in Mexico over the forecast period.
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Target buyers of Mexico 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 Mexico pyrophyllite market, including forecasts for subscribers. This country databook contains high-level insights into Mexico pyrophyllite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico pyrophyllite market size, by application, 2018-2030 (US$M)
Mexico Pyrophyllite Market Share, 2022 & 2030 (US$M)
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