The
global market for kaolin that was worth US$4.06 billion in 2012 is
expected to value US$5.34 billion by the end of 2019, registering a
CAGR of 4.0% during the forecast period of 2013-2019. On the basis of
volume, the global demand for kaolin was 34,398.9 kilo tons in 2012.
The report also highlights that the global kaolin and metakaolin
market was worth US$91.8 million in 2012 and is anticipated to reach
US$124.2 million before 2019 ends, growing at a 4.4% CAGR between
2013 and 2019. On the basis of volume, the demand for metakaolin was
registered at 273.4 kilo tons in 2012.
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Kaolin & Metakaolin Market Report with Full TOC at
http://www.transparencymarketresearch.com/kaolin-market.html
Growth
of Construction Industry to Propel Demand for Kaolin, Metakaolin
The
growth of the construction industry has bolstered the demand for
sanitary ware and ceramic tiles, which will in turn boost the demand
for kaolin in the global market over the forecast period.
Additionally, the increased use of cement and concrete for building
foundations, pavements, and architectural structures will enhance
growth opportunities for the metakaolin market in the forthcoming
years. However, the predicted growth will not remain uninhibited;
increasing demand for calcium carbonate as a potential substitute for
kaolin is expected to restrict the demand for the latter.
Nonetheless, the increasing use of kaolin in medical applications
will continue to create substantial opportunities for producers.
Paper
and Ceramics Industries to Emerge as Largest Application Segments
In
2012, the paper industry registered the highest demand for kaolin,
accounting for more than 40% of the total market share. Increasing
demand for paper from emerging economies such as China and India has
contributed to the exponential growth of this application segment.
However, as per the report, ceramics will register the fastest growth
during the forecast period owing to the increasing demand for
sanitary ware and white ware products in the global market.
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Within
the global market for metakaolin, concrete emerged as the most
prominent application segment. It is expected to continue its run as
the fastest-growing application segment over the forecast period due
to increasing number of construction projects being undertaken across
developing as well as developed countries. Moreover, metakaolin helps
in reducing the rate of carbon emissions by concrete. This is
expected to boost the demand for metakaolin considerably in the next
few years.
Asia
Pacific to Remain Largest Market for Kaolin and Metakaolin
On
account of exponential rise of construction activities across the
region, Asia Pacific registered the highest demand for kaolin and
metakaolin in 2012. Growing incidence of industrialization in
developing economies such as India and China, together with
increasing use of metakaolin as a substitute of Portland cement will
contribute significantly to the growth of the kaolin and metakaolin
market in the region. Asia Pacific is expected to continue its run as
the largest market for both kaolin and metakaolin over the forecast
period as well, registering a 4.0% CAGR in the kaolin market and 4.3%
CAGR in the metakaolin market, on the basis of volume, between 2013
and 2019.
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Press Release Of Kaolin & Metakaolin Market
http://www.transparencymarketresearch.com/pressrelease/kaolin-market.htm
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