Talc and Pyrophyllite: A Global Strategic Business Report
San Jose, California (PRWEB) October 27, 2008
The global talc and pyrophyllite market is expected to grow steadily and reach 9.6 million metric tons by 2012, translating a compounded annual growth rate (CAGR) of 3.8% over the period 2008-2012. Asia-Pacific region (excluding Japan) is the largest market for talc and pyrophyllite in the world, accounting for a share of over 32.4% of the global market in 2008, followed by Europe with a share of 20.9%. Asia-Pacific region (excluding Japan) is also expected to offer the highest growth potential for talc and pyrophyllite, with a CAGR of about 3.23% through the period 2000-2010, followed closely by Latin America at 3.1%. The United States, Japan, and Europe, which represent mature markets for talc and pyrophyllite are expected to offer relatively slower growth opportunities. The talc market, accounting for a share of more than 76% represents the dominant product segment, with the pyrophyllite market accounting for the rest.
Paper represents the largest end-use industry for talc, followed by ceramics industry. Demand for talc from the paints industry offers the highest growth potential, with a CAGR of about 3.8% through the period 2000-2010, followed by the plastics industry, with the CAGR expected to hover around 3.5% over the aforementioned period.
The problems of the paper industry are spilling over into demand for talc, as the paper industry is the largest end-use segment for talc. On the other hand, the healthy growth in plastics is resulting in increasing demand for talc from the plastics industry. The biggest end-user markets for talc, paper and ceramics sectors, jointly constitute more than 56% of demand for talc minerals. These two markets are drifting away from talc use as grounded and precipitated calcium carbonate is increasingly gaining ground in paper fillers. On the other hand, pyrophyllite is facing competition from the higher-performance mag-carbon and dolomite-carbon products in refractories industry. Hence, it is anticipated that growth of talc lies outside these two markets in the future. New product developments such as sub-micron talcs that improve plastic properties can enhance talc sale in the plastic industry.
The six major talc producing countries including USA, China, India, Brazil, France and Finland account for a lion's share of production, with the USA and China accounting for a majority share among these regions. On the other hand, pyrophyllite production is concentrated in Asian countries. South Korea and China are among the major producers of pyrophyllite in the world.
Major global players profiled in the report include Golcha Group, Mineral Technologies, Inc., Mondo Minerals Oy, Rio Tinto Plc, Luzenac Group, R. T. Vanderbilt Company, Gouverneur Talc Company, Inc, and Standard Mineral Company, Inc.
The report titled "Talc and Pyrophyllite: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, product overview, key markets worldwide, product introductions/innovations, and recent industry activity. The study emphasizes on demand, and production/supply, and prices to provide an incisive analysis of the market. The report analyzes market data and analytics for the period 2000 through 2015 in volume sales for regions such as the United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World. Product segments analyzed under Talc and Pyrophyllite include Talc, and Pyrophyllite. The Talc segment is further analyzed by the following end-use applications - Ceramics, Paper, Paints, Plastics, Roofings, Cosmetics, and other end-use applications; and the Pyrophyllite segment is further analyzed by Ceramics, and other end-use applications.
For more details about this research report, please visit http://www.strategyr.com/Talc_and_Pyrophyllite_Market_Report.asp
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