Global Talc and Pyrophyllite Market to Reach 5.7 Million Tons by 2015, According to a New Report by Global Industry Analysts, Inc.

Share Article

GIA announces the release of a comprehensive global report on Talc and Pyrophyllite markets. The global market for Talc and Pyrophyllite is forecast to reach 5.7 million tons by the year 2015. Recovery in world economy and increased use of talc and pyrophyllite across various end-use sectors are likely to fuel the expansion of the market.

Talc and Pyrophyllite: A Global Strategic Business Report

Worldwide economic recession affected the talc industry during 2008 and 2009. Major end-use sectors of talc and related minerals, such as general manufacturing, housing, and automotive declined drastically during the period thereby resulting in drop in demand for talc. Traditionally, sales of talc are strongly dependent on manufacturing sector and new home construction. The gloomy scenario adversely influenced talc demand from various end-use applications such as roofing, paints, ceramics, adhesives, plastics, caulks, rubber, and joint compounds. In addition, consumers shift towards other alternatives of talc such as precipitated and ground calcium carbonates in end-use sectors including paper manufacturing discouraged the market participants. On the other hand, pyrophyllite market also witnessed a significant decline due to slump in paint, refractory products, and ceramic industries that constitute major end-users of the material.

Going forwards, the market is likely to recover from 2011 onwards with projected growth in consumption of talc and related minerals across various end-use sectors including plastics manufacturing sector. Plastics segment is likely to offer lucrative growth prospects for talc manufacturers with contribution from automotive sector. Automakers are increasingly relying on talc products in vehicle production as well as processing cordierite bodies for catalytic converters. In addition, innovative submicron and compacted talc products are luring the consumers with their capability to extend wide opportunities for superior performance end-use products.

Asia-Pacific represents the largest regional market for talc and pyrophyllite worldwide, as stated by the new market research report on Talc and Pyrophyllite. The region is portended to retain its dominance over the coming years. Europe represents the other major regional market. Product-wise Talc represents the dominant product segment.

Paper represents the largest end-use segment of talc and pyrophyllite market. In paper manufacturing, talc is utilized as a filler material to toughen the paper shine, dullness and soaking capability of printing ink, and as a substitute of kaolin in the paper industry. Despite paper being the major consumer of talc, precipitated and ground calcium carbonates are offering tough competition to talc in paper filler as well as niche paper coating segments. To withstand the cutthroat competitive situation, talc producers are increasingly focusing on enhancing their product value and talc purity by employing advanced coating and processing technologies. Ceramics represents another major end-user of talc and pyrophyllite. Wall tile production is a major end-use for both talc and pyrophyllite within the ceramic industry and most of the market is concentrated in South America.

Pyrophyllite production is concentrated mainly in Asian countries, which forms a major consumer of talc and related minerals due to availability of inexpensive raw materials. Of late, the pyrophyllite industry has been facing severe competition from higher-performance mag-carbon and dolomite-carbon products in the refractories industry.

Major players profiled in the report include American Talc Company, Dongchen Enterprise Co. Ltd., Golcha Group, Gouverneur Talc Company Inc., Haicheng Hongda Talc Powder Plant, IMI FABI S.p.A., Luzenac Group, Mahavir Minerals Limited, Minerals Technologies Inc., Mondo Minerals B.V., R.T. Vanderbilt Company Inc., Resco Products Inc., Rio Tinto Group, Selective Minerals & Color Industries Pvt. Ltd., and Standard Mineral Company Inc.

The report titled “Talc and Pyrophyllite: A Global Strategic Business Report” announced by Global Industry Analysts, Inc. provides a comprehensive review of the talc and pyrophyllite markets, impact of recession on the markets, market trends, product overview, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for talc and pyrophyllite market in volume terms for the following geographic markets – US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Key end-use segments analyzed include Talc (Ceramics, Paper, Paints, Plastics, Roofings, Cosmetics, and Others) and Pyrophyllite (Ceramics & Refractories, and Others). Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Talc_and_Pyrophyllite_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website

Media