Kaolin Market to Grow at a CAGR of USD 4.7% During 2024-2032; Increasing Use of Kaolin to Manufacture Porcelin Drives Market Growth

The global kaolin market size was valued at USD 4.42 billion in 2023. The market is projected to grow from USD 4.61 billion in 2024 to USD 6.67 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period.

Fortune Business Insights™ presents this information in its report titled, “Kaolin Market Size, Share & Industry Analysis, By Application (Paper, Ceramic & Sanitary Ware, Fiberglass, Paints & Coatings, Rubber, Plastics, and Others), and Regional Forecast, 2024-2032”.

Kaolin is a soft white clay used to produce porcelain, paper, rubber, and paints. The clay is used with adhesives in coating paper to deliver the surface with good printability, opacity, and color. The growing use of the clay to produce porcelain and refractory in the ceramic industry drives market growth. The product is used as a filler in rubber production to improve the abrasion resistance and mechanical strength of the rubber.

The COVID-19 pandemic negatively impacted the market growth. The temporary halt in the trade and production activities due to the influence of the pandemic on different industries globally hindered market growth. However, the demand for the product increased from the packaging industry for quality graphics on cartons and food & beverage packaging, helped stabilize market expansion post-pandemic.

EICFL Limited Built a Refined Kaolin Plant to Increase its Market Presence

In March 2021, EICL Limited began the construction of a small new refined kaolin plant. The new plant will have a production capacity of 40,000 tons and will allow the company to increase its market presence and serve its customers efficiently.

Growing Demand for Fillers from Paper Industry to Drive Market Growth

The rising demand for fillers from the paper industry boosts the kaolin market growth. The clay offers extended fiber, printability, better paper opacity, and paper brightness. The increasing demand for paper from printing and packaging applications in developing regions is expected to drive market expansion during the forecast period. The growing ceramic industry is anticipated to raise the demand for ceramic tiles and sanitary ware manufacturing, further augmenting market expansion.

However, the growing introduction and development of substitutes, as they include digitalization in every aspect of human life, may hinder market expansion. The availability of several substitutes, disadvantages related to health, and mining activities regulations will also hamper the growth of the market.

Increasing Major Market Players on Collaborations to Propel Market Growth

In terms of the competitive landscape, the kaolin market consists of major market players, Sibelco, BASF SE, and others. The growing implementation of different strategies, such as acquisitions, product innovation, mergers, collaborations, and acquisitions, to maintain a competitive edge in the market further propels market expansion.  

Notable Industry Development

• April 2023 – Sibelco and Imerys partnered with Carlton Power to develop a Langage Green Hydrogen project in Devon. 10MW hydrogen hub Carlton has been earmarked to enter operation in 2025. The project is aiming to deliver green hydrogen for both the companies to meet their sustainability goals.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/kaolin-market-102352

List of the Companies Profiled in the Report:

• Imerys S.A. (France)


• Ashapura Minechem Ltd. (India)


• EICL Limited (India)


• Sibelco (Belgium)


• KaMin LLC (U.S.)


• Thiele Kaolin Company (U.S.)


• LASSELSBERGER Group (Hungary)


• Quarzwerke GmbH (Germany)


• Sedlecký kaolin a. s. (Czech Republic)


• I-Minerals lnc. (Canada)


• W. R. Grace & Co. (U.S.)


• 20 Microns (India)

Further Report Findings-

• Asia Pacific held the largest kaolin market share and accounted for USD 1.18 billion in 2023. The growth is attributed to the increasing consumption of kaolin in refractories, ceramics, paper, and cement applications in the region.


• Europe is anticipated to witness significant growth during the projected period. The growth is attributed to the increasing demand for clay in plastic, rubber, glass, and paper industries in the region.


• The increasing technological advancements and rising disposable income are expected to drive market expansion in North America.


• The Middle East & Africa and Latin America are expected to witness slow growth during the forecast period. The growth is attributed to rising urbanization, disposable income, and easy access to raw materials at lower prices for manufacturers in the regions.

Table of Segmentation: