27 September 2018: The global talc market is expected to grow at a considerable rate over the forecast period. Key drivers for this market are the burgeoning demand from end user industries like cosmetics, plastics, ceramics, paper & pulp, pharmaceuticals, paints & coatings, and food. Disruptive innovations in products developed and fast paced growth in emerging markets will open new avenues for this market on the forecast horizon. Prolific use of talc reinforced plastics is also driving this market exponentially. They provide better insulation, thermal resistance, creep resistance, rigidity, and impact resistance. On the other hand, factors like strict regulations pertaining to environmental issues and adverse effects like respiratory diseases in infants as well as ovarian cancer in women are restraining growth. The market ecosystem is comprised of upstream and downstream industry verticals like raw material suppliers, regulatory authorities, distributors, and end user industries. It is thus a horizontal market that diversifies into different industry verticals.
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Talc has various uses in paper & pulp industry, like pitch control of pulp, use as a filler for increasing paper strength, printability, and run ability, and as a coating pigment. It enhances the performance of polyolefin compounds like polypropylene (PP) used in plastics and rubber industries. It is used for manufacturing automotive exhaust catalytic converters that use honeycomb cordierite ceramics. Talc is used as a carrier for food coloring, and as a separating agent for bulk food production. It is particularly used in production of olive oil. It is also used as an active and auxiliary agent that acts as a basis of powders produced in pharmaceutical industries. The laminar structure of talc particles imparts superior properties to paints and coatings, like weathering resistance, mud cracking resistance, better viscosity and consistency. Talc is used in cosmetic products as a base material for rouge and powders.
Talc market is segmented on the basis of deposit, application, and the geographical region. The segments based on application of talc are cosmetics, plastics, ceramics, paper & pulp, pharmaceuticals, paints & coatings, and food. The segments based on deposit are talc chlorite, talc carbonate, and others. The geographical regions for this market are North America, Latin America, Asia Pacific, Europe, and Middle East & Africa.
The major manufacturers covered in this report
- IMI Fabi
- Imerys Talc
- Mondo Minerals
- Specialty Minerals
- American Talc Company
- Golcha Minerals
- Nippon Talc Company
- Liaoning Aihai Talc Company
- Guangxi Guilin Langsheng Humei Talc
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
- North America
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
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