According to the recent study the diatomaceous earth market is projected to reach an estimated $2 billion by 2028 from $1 billion in 2022, at a CAGR of 15.6% from 2023 to 2028. The major drivers for this market are increasing demand for lithium ion batteries, growth in consumer electronics, and increasing demand for materials which provide superior chemical and mechanical properties.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunities and
forecast in diatomaceous earth market by product (natural, calcined, and
flux-calcined), application (filter aids, construction materials, fillers,
absorbents, and others), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
“Natural diatomaceous earth
market is expected to remain the largest segment during the forecast period.”
Based on product, the
diatomaceous earth market is segmented into natural, calcined, and
flux-calcined. Lucintel forecasts that the natural diatomaceous earth market is
expected to remain the largest segment due to rising demand from filter aid and
absorbent applications.
“Within the diatomaceous earth market, the filter aids segment is
expected to remain the largest application.”
Based on application the
filter aids segment is expected to witness the highest growth over the forecast
period due to increasing demand for calcined and natural diatomite in filter
aid and construction material applications.
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diatomaceous earth market.
“North America will dominate the diatomaceous earth market in near
future.”
North America will
remain the largest region, and APAC is expected to witness the highest growth
over the forecast period, supported by rising demand from various industries,
such as water treatment, industrial applications, abrasive, medical and
healthcare, absorbents, and crop protection chemicals.
Major players of
diatomaceous earth 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
S.A., Showa Chemical, Calgon Carbon Corporation, US Silica, Dicalite Management
Group, Reade Advanced Materials, Jilin Yuantong Minerals, JJS Minerals, Qingdao
Best Diatomite, Diatomit SP CJSC are among the major diatomaceous earth
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 write us at 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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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