Growth Opportunities in the Global Talc Market

LONDON, March 15, 2017 /PRNewswire/ -- identified by application type (paper, plastic, ceramics, paint & coating, roofing, cosmetic, others), by deposit type (talc chlorite, talc carbonate, others), by region (North America, Europe, Asia Pacific, Rest of the World)


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The future of the talc market looks promising with opportunities in the plastic, paper, and paint & coating applications. The global talc market is expected to reach an estimated $1.7 billion by 2021 and is forecast to grow at a CAGR of 3.0% from 2016 to 2021. The major drivers of growth for this market are increasing usage of plastics in automotive and growth in demand for paint and coatings in construction and industrial sectors.

Emerging trends, which have a direct impact on the dynamics of the industry, include growing production of specialty micronized grade talc for plastic and increasing demand for talc in lightweight automotive plastic parts.

A total of 111 figures / charts and 34 tables are provided in this 150-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this report, download the report brochure.


The study includes a forecast for the talc market by application, type of deposit, and region as follows:

By application [Volume (M lbs. / Kilotons) and $M shipment analysis from 2010 to 2021]:
- Paper
- Plastic
- Ceramics
- Paint & Coating
- Roofing
- Cosmetic
- Others

By type of deposit [Volume (M lbs. / Kilotons) and $M shipment analysis from 2010 to 2021]:
- Talc Chlorite
- Talc Carbonate
- Others

By region [Volume (M lbs. / Kilotons) and $M shipment analysis from 2010 to 2021]:
- North America
- Europe
- Asia Pacific
- Rest of World

Imerys, Mondo Minerals, Minerals Technologies, Nippon Talc, and American Talc Company are among the major suppliers of the talc.

Lucintel predicts that the demand for plastics is likely to experience the highest growth in the forecast period supported by growing demand for lightweight plastics in the automotive industry.

Within the talc market, talc carbonate is expected to remain the largest market. Talc carbonate 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.

Asia Pacific is expected to remain the largest region due to its higher production of paper and plastic.


This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for global talc market by applications (paper, plastic, ceramics, paint & coating, roofing, cosmetic, and other), type of deposit (talc chlorite, talc carbonate, and others), and regions (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via materials / product substitution?
Q.11 What M&A activities have occurred in the last 5 years?



Methodology


Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team.

The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors' financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel's professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the market. Some of the manufacturers in global talc market are Imerys Talc, Mondo Minerals Oy, Minerals Technologies, Inc., American Talc Company and others

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

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