The average kaolin price in the United States stood at USD 160 per ton in 2021.
Kaolin is extensively used in the paints & coating industry, providing better suspension properties, rapid dispersion, corrosion resistance, superior water resistance, and reduced viscosities. Kaolin is a fine soft white clay resulting from the natural decomposition of other clays or feldspar. Additionally, because of its outstanding chemical characteristics, Kaolin is a key component of many medications, including mouthwashes, wound dressings, desiccants, and temporary anti-acne creams. Moreover, with beneficial qualities, including fixed color, strength, brightness, and grit, kaolin is used in ceramic and refractory applications. These characteristics promote demand for the materials used to make ceramic goods like plates, mugs, and other household items. In addition, kaolin is used in the business processing of plastics and polymers by blocking, grinding, centering, casting, blasting, and chemical treatment. These applications are anticipated to drive the market’s growth.
Furthermore, the increasing demand from paper, automotive, and others are the crucial factors that propel the market’s growth.
Increasing demand from the Paper Industry
In September 2022, the production of processed paper and cardboard in China was roughly 11.5 million metric tons
Worldwide increase in Construction Activity
Water-washed Will Continue to Be a Key Process
The reduced impurity levels and enhanced brightness of the kaolin achieved via this method are responsible for the segment's expansion. The water-washed method is frequently utilized in the creation of hydrous kaolin because it aids in the retention of roughly 12%–15% of water in the clay. The most popular method for turning raw kaolin into finished kaolin products is water washing.
Recent Developments
- In July
2022, Thiele Kaolin Company announced a price increase of 9% for all
product categories owing to the current global economic climate, which has
resulted in increased costs to manufacturing operations worldwide. For the
company, these cost increases have impacted energy, chemicals, labor,
mining, maintenance, and other inputs needed to produce quality products.
- The deal
to buy the kaolin material division of BASF SE was reached by KaMin LLC
and CADAM S.A. in November 2021. The Performance Chemicals division of
BASF is where the kaolin minerals industry is located. This significantly
expands the company's kaolin business globally.
- In October
2021, Industrial and vital minerals such as kaolin and rare earth are the
focus of exploration activities by ASX newcomer iTech Minerals, and for a very
good cause.
- In
December 2020, KaMin LLC and CADAM SA said that they would increase the
pricing for their performance minerals in their worldwide markets by 4 to
9% starting on January 1, 2021, or as markets and contracts allow.
Market Segmentation
Global Kaolin Market
Market Players
BASF SE, I-Minerals Inc., 20 Microns Ltd., Imerys S.A., EICL Ltd., SCR-SibelcoNV, Sedlecký Kaolin A.S., Quartz Works GmbH, Thiele Kaolin Company, LB Minerals Ltd.
Attribute
|
Details
|
Base
Year
|
2022
|
Historic Data
|
2018 – 2021
|
Estimated
Year
|
2023
|
Forecast Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022
and 2023-2028
|
Report coverage
|
Revenue forecast, volume
forecast, company share, competitive landscape, growth factors, and trends
|
Segments
covered
|
·
Process
·
Application
|
Regional scope
|
North America, Europe,
Asia Pacific, South America, Middle East & Africa
|
Country
scope
|
United States; Mexico; Canada; France; Germany; United Kingdom; Italy;
Spain; China; India; South Korea; Japan; Indonesia; Australia; Brazil;
Argentina; South Africa; Saudi Arabia; UAE; Egypt; Turkey
|
Key companies profiled
|
BASF SE, I-Minerals
Inc., 20 Microns Ltd., Imerys S.A., EICL Ltd., SCR-SibelcoNV, Sedlecký Kaolin A.S., Quartz Works GmbH, Thiele
Kaolin Company, LB Minerals Ltd.
|
Customization
scope
|
10% free report customization with purchase. Addition or alteration
to country, regional & segment scope.
|
Pricing and purchase options
|
Avail customized purchase
options to meet your exact research needs. Explore
purchase options
|
Delivery
Format
|
PDF and Excel through Email (We can also provide
the editable version of the report in PPT/Word format on special request)
|