Talc Market is expected to witness a CAGR of more than 4.6% between 2018 and 2023
[164 Pages Report] The report "Talc Market by Deposit Type (Talc Carbonate, Talc Chlorite), End-use Industry (Plastics, Pulp & Paper, Ceramics, Paints & Coatings, Cosmetics & Personal Care, Pharmaceuticals, Food), and Region (Asia Pacific, North America) - Global Forecast to 2023", The global talc market is projected to grow from USD 2.68 billion in 2018 to USD 3.35 billion by 2023, at a CAGR of 4.6% from 2018 to 2023. Increasing demand for talc from the automotive industry, rapid industrialization, increased disposable incomes of the middle-class populations of emerging economies, and increasing R&D activities for the development of new grades of talc are opportunities for the growth of the talc market.
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The talc market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, and government organizations. Companies operating in the talc market include Imerys (France), Mondo Minerals (Netherlands), Minerals Technologies (US), IMI Fabi (Italy), and Golcha Minerals (India), among others.
Imerys (France), Mondo Minerals (Netherlands), Minerals Technologies (US), IMI Fabi (Italy), and Golcha Minerals (India) are recognized as leaders in the talc market. These companies are focused on broadening their product portfolios to compete with other key market players.
Imerys is a world leader in the production and processing of industrial minerals. The company transforms a large variety of minerals into high-value specialty products using sophisticated technical processes. The company’s solutions contribute to a large number of applications and mainly address 4 types of uses, including functional additives, mineral components, process enablers, and finished products. Imerys operates through 4 segments, namely, energy solutions & specialties, filtration & performance additives, ceramic materials, and high resistance minerals.
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