Kaolin Market Forecast and Trends to 2031

Kaolin Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Process (Water Washed, Airfloat, Calcined, Delaminated, and Others), Application (Paper, Ceramic & Sanitaryware, Paints & Coatings, Plastic, Rubber, and Others), and Geography

  • Report Code : TIPRE00003683
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Kaolin Market | Size, Share, and Forecast [2021-2031]

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The kaolin market size is projected to reach US$ 6.49 billion by 2031 from US$ 4.54 billion in 2023. The market is expected to register a CAGR of 3.5% during 2023–2031. The growing demand from end-use industries, including paper packaging, plastic, rubber, paints and coatings, and sanitaryware, is likely to remain a key trend in the kaolin markets.

Kaolin Market Analysis

The rising demand for automobiles globally is favoring the growth of the kaolin market. The automotive industry is one of the major beneficiaries of kaolin products as the industry extensively uses rubber-made components and parts. Kaolin improves the chemical-physical properties and performance of rubber automotive components. Kaolin is widely used in automotive tires to provide stiffness and reinforce the rubber, bringing tear resistance and tensile strength properties to tires. In addition, it helps improve the air permeability and gas barrier of inner tire liners, which extends the service life of tires. Furthermore, kaolin finds wide application in car body seals due to the reduced electrical conductivity, protecting against corrosion properties. Additionally, kaolin is used to manufacture automotive components such as fluoroelastomer O-rings for fuel injector seals, gaskets, and hoses. Furthermore, kaolin finds application in manufacturing waterborne paints and coatings, which are extensively used in the automotive industry to paint and coat automobile parts and surfaces.

Kaolin Market Overview

Different types of kaolin are available. Water-washed kaolin, calcined kaolin, delaminated kaolin, and airfloat kaolin are among the prominent ones. Kaolin is widely used as a filler in medical, paints & coatings, paper, rubber, and other end-use industries. Furthermore, the rise in paper production and its usage in the commercial and education sectors contributes to the kaolin market growth.

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Kaolin Market: Strategic Insights

kaolin-market
Market Size Value inUS$ 4,327.7 million in 2021
Market Size Value byUS$ 5,512.4 million by 2028
Growth rateCAGR of 3.5% from 2021 to 2028.
Forecast Period2021-2028
Base Year2021
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Kaolin Market Drivers and Opportunities

Surging Demand for Cosmetics and Personal Care Products Globally Bolsters Kaolin Market Growth

Beauty and skincare products are witnessing an increased application of kaolin. Kaolin is widely used in beauty products such as face powders, face masks, creams, and lotions for oily skin, bath powders, foundation, powdered blush, deodorants, and soaps. These products use kaolin to absorb excess oil from the skin's surface, lifting dirt and other impurities from the skin pores. Also, kaolin has oil-control properties, allowing the makeup to stay longer, withstanding perspiration in wet or humid conditions. Furthermore, the rising demand for cosmetics products globally is increasing the requirement for kaolin. Thus, the growing demand for cosmetics and personal care products is driving the kaolin market growth.

Growing Urbanization in Developing Economies

Rapid urbanization in developing countries such as China, India, Brazil, and Vietnam is expected to bolster the kaolin market growth. These countries are witnessing a rise in the construction of residential and commercial buildings, which is expected to increase the demand for kaolin in developing economies. Further, kaolin is extensively used in the ceramic industry for its molding properties. It is also used in the manufacture of sanitary wares, tiles, and tableware and has been significantly utilized as a direct substitute against the traditional method of cement. In addition, kaolin clay is used as a functional extender in paints. This is because kaolin clay is chemically inert, has a high covering power, gives desirable flow properties, and reduces the amount of expensive pigments required. These factors are expected to drive the kaolin market growth.

Kaolin Market Report Segmentation Analysis

Key segments that contributed to the derivation of the Kaolin Market analysis are process and application.

  • Based on the process, the market is segmented into water-washed, airfloat, calcined, delaminated, and others. The water-washed segment held the largest market share in 2023.
  • In terms of application, the market is segmented into, paper, ceramic & sanitaryware, paints & coatings, plastic, rubber, and others. The paper segment held the largest share of the market in 2023.

Kaolin Market Share Analysis by Geography

The geographic scope of the kaolin market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

Many of the Asia Pacific countries, such as China and India, are among the world's fastest-growing populations. With a growing population, the automotive, packaging, and construction industries are in high demand in Asia Pacific. The package printing industry is expanding in Asia Pacific due to its wide range of applications. The existence of established sectors such as food & beverages, consumer electronics, and many others in nations such as China, India, Japan, and South Korea has increased the demand for packaging solutions in the region. The market for paper packaging across the Asia Pacific has witnessed notable growth, owing to the rapidly expanding packaging industry, growing food retail sector, and rising consumer awareness about sustainable packaging solutions across the region. The food service sector in Asia Pacific is rapidly expanding, owing to rapid economic growth, growth of the tourism sector, improved lifestyles of consumers, and a rise in disposable income levels.

Kaolin Market Report Scope

Kaolin Market News and Recent Developments

The kaolin market is evaluated by gathering qualitative and quantitative data post post-primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for kaoline:

  • BASF closed the divestiture of its kaolin minerals business to KaMin, a global performance minerals company headquartered in Macon, Georgia, United States, following the fulfillment of clearance conditions. (Source: BASF SE, Press Release, 2022)

Kaolin Market Report Coverage and Deliverables

The "Kaolin Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Market dynamics such as drivers, restraints, and key opportunities
  • Key future trends
  • Detailed Porter's Five Forces and SWOT analysis
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
  • Detailed company profiles
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Process and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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