Lucintel Forecasts Halloysite Market to Grow at a CAGR of 3% to 5% from 2021 to 2026

According to the recent study the halloysite market is projected to grow at a CAGR of 3% to 5% from 2021 to 2026. Growth in this market is primarily driven by growth in the construction and medical industries and incorporation of halloysite in Li-ion batteries, which are highly demanded in electric cars.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in halloysite market by type (pure halloysite and hybrid halloysite), application (medical, ceramics, cosmetics, paints, cement, and polymers), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Ceramics market is expected to remain the largest segment during the forecast period.”

Based on application, the halloysite market is segmented into medical, ceramics, cosmetics, paints, cement, and polymers. Lucintel forecasts that the ceramics market is expected to remain the largest segment due to heavy demand for halloysite-based ceramic ware.

“Asia pacific will dominate the halloysite market in near future.”

Asia Pacific will remain the largest region during the forecast period due to rising demand for specialized ceramic clays and building and construction projects in developing nations.

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Major players of halloysite market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Daleco Resources, Quarzwerke GmbH, Yanfeng, Jinyu, Qingdaomenghua, Applied Minerals, Imerys SA, Jiangyanrunyu, I-Minerals are among the major halloysite providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/halloysite-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
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