According to the recent study the talc market is projected to reach an estimated $3.3 billion by 2026 from $2.3billion in 2020, at a CAGR of 5.8% from 2020 to 2026. Growth in this market is primarily driven by increasing use of plastics in automotive, growth in demand for paint and coatings in construction and industrial sectors, and increasing demand for cosmetics products.
Browse 111 figures /
charts and 34 tables in this 141 -page report to understand trends,
opportunities and forecast in talcmarketby deposit (talc chlorite, talc
carbonate, and others), application (paper, plastic, ceramics, paint &
coating, roofing, cosmetic, and other), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking onbelow link https://www.lucintel.com/talc-market.aspx
“Talc carbonate market is expected to remain the largest segment
during the forecast period.”
Based on deposit, the talc
market is segmented intotalc chlorite, talc carbonate, and others. Lucintel
forecasts that the talc carbonatemarket is expected to remain the largest
segment as it provides lower viscosity and better scrub resistance than others
type of talc, which is expected to spur growth for this segment over the
forecast period.
“Within the talcmarket, the plastic segment is expected to remain
the largest application.”
Based on application,
the plastic segment is expected to witness the largest applicationas well as
the highest growth during the forecast period due to growing demand for
lightweight plastics in the automotive industry.
“Asia pacific will dominate the talcmarket in near future.”
Asia Pacific is expected
to be the largest region with the highest growth over the forecast period supported
by higher production of paper and plastic.
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Major players of talc 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. Imerys, Elementis, Minerals Technologies, Nippon Talc,
Golcha Group, and American Talc Company are among the major talcproviders.
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/talc-market.aspxor helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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