LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global talc market size, operating under the materials industry. The latest report on talc market, 2020-2024 estimates it to register an incremental growth of USD 597.30 million, at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Anglo Pacific Group Plc, Associated Soapstone Distribution Co. Pvt. Ltd., Elementis Plc, Haichen Minchem Co. Ltd., HAYASHI KASEI Co. Ltd., Imerys SA, IMI Fabi Spa, AIHAI, Minerals Technologies Inc., and Shandong Pingdu Talc Mine Industrial Co. Ltd. are among some of the major market participants.
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An increase in demand from the plastics industry has been instrumental in driving the growth of the market. However, the stringent regulations and adverse effects on health and environment might hamper the market growth.
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Talc Market 2020-2024: Segmentation
Talc Market is segmented as below:
-
End-user
- Plastics And Rubber
- Paper And Pulp
- Ceramics
- Paints And Coatings
- Others
-
Geographic Landscape
- APAC
- Europe
- North America
- MEA
- South America
Based on geographic segmentation, over 52% of the market growth originated from APAC during the forecast period. In addition, plastics and rubber led the growth under the end-user segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.
Talc Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The talc market report covers the following areas:
- Talc Market Size
- Talc Market Trends
- Talc Market Industry Analysis
This study identifies the increasing popularity of micronized and other superfine-grade talc products as one of the prime reasons driving the Talc Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Talc Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist talc market growth during the next five years
- Estimation of the talc market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the talc market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of talc market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five sources summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Plastics and rubber - Market size and forecast 2019-2024
- Paper and pulp - Market size and forecast 2019-2024
- Ceramics - Market size and forecast 2019-2024
- Paints and coatings - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Market Segmentation by Deposit type
- Market segments
- Comparison by Deposit type
- Talc carbonate - Market size and forecast 2019-2024
- Talc chlorite - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Deposit type
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver-Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AIHAI
- Anglo Pacific Group Plc
- Associated Soapstone Distribution Co. Pvt. Ltd.
- Elementis Plc
- Haichen Minchem Co. Ltd.
- HAYASHI KASEI Co. Ltd.
- Imerys SA
- IMI Fabi Spa
- Minerals Technologies Inc.
- Shandong Pingdu Talc Mine Industrial Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 17,000 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.
