Global Diatomite Market | Key Insights into the Market by Technavio

Technavio has published a new market research report on the global diatomite market from 2018-2022. (Graphic: Business Wire)

LONDON--()--The global diatomite market is expected to grow at a CAGR of approximately 9% during the period 2018-2022, according to the latest market research report by Technavio.

A key factor driving the market’s growth is the natural filtering characteristics of diatomite. The unique honeycomb structure of diatomite confers it filtering characteristics. It has small pores that trap bacteria, clay particles, some viruses, and other suspended solids present in liquids. Such characteristics allow its use in many applications in different end-user industries. Filtration is the major application segment of the global diatomite market.

This market research report on the global diatomite market 2018-2022 provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio predicts an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

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In this report, Technavio highlights the use of diatomite in paints and coatings as one of the key emerging trends in the global diatomite market:

Global diatomite market: Use of diatomite in paints and coatings

The paints and coatings industry is one of the major end-user industries of the global diatomite market which is generating high demand for diatomite. Diatomite is used as an additive in paints and coatings as it adds strength, controls permeability, and improves the coating adhesion by increasing the volume of the content.

“Many companies produce diatomite products that are specific to the paints and coatings industry. In the Americas and parts of APAC, diatomite is gaining popularity in the paints and coatings industry because of its superior properties and low cost. The growing demand for diatomite in paints and coatings is expected to further boost the growth of the global diatomite market,” says a senior analyst at Technavio for research on metals and minerals.

Global diatomite market: Segmentation analysis

This market research report segments the global diatomite market into the following applications (filtration, aggregates, fillers, and absorbents) and key regions (the Americas, APAC, and EMEA).

The filtration segment held the largest market share in 2017, accounting for nearly 61% of the market. This application segment is expected to grow steadily during the forecast period.

The Americas was the leading region for the global diatomite market in 2017, accounting for a market share of more than 49%. This region is anticipated to dominate the global market through 2022.

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global diatomite market is expected to grow at a CAGR of around 9% during the period 2018-2022, according to the latest report by Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com