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Global China Clay Market show exponential growth by 2024
Posted: Jul 05, 2017
Zion Market Research, the market research group announced the analysis report titled "China Clay Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"
Global China Clay Market: Overview
The alternative name for China clay is white clay or Kaolin. It is formed by chemical weathering of aluminum silicate. China clay helps to enhance the physicochemical, physical, and electrical properties of the materials. It is used in various industries such as rubber, ceramics, paper, and plastic industries. In the paper industry, China clay helps in improving the printing capability as well as helps in cost reductions. China clay is also used for hydraulic fracturing and biotechnological applications.
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Global China Clay Market: Segmentation
The global China clay market is segmented into its type, application, and geography. On the basis of type, the market is divided into soft kaolin, hard kaolin, silicate-kaolin, and calcined kaolin. Based on application, the market is categorized into agriculture, paints, coatings and adhesives, construction, plastic, rubber and fiberglass, wire and cables, paper, and others. On the basis of region, the market is segregated into Europe, Latin America, North America, Asia-Pacific, and the Middle East and Africa.
Global China Clay Market: Growth Factors
The production of shale gas uses the hydraulic fracturing method for which China clay is used extensively. This will create a great demand for China clay in the market. China clay improves the chemical and physical resistance of various materials such as rubber, plastics, and wire cables. It offers various benefits in wire cables such as improved cable lifespan, reduced electricity consumption, and less maintenance and replacement cost. In the paper industry, China clay helps in improving the printing capabilities and reduction in costs. All these features will influence the demand for China clay in the manufacturing industries of ceramics, paper, paints and coatings, plastics, and rubber. Along with the manufacturing sectors, China clay is gaining an increasing importance in the biotechnology field as well. However, increasing digitalization has negatively affected paper and pulp industries across the globe. This will simultaneously restrain the China clay market in the long run.
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Global China Clay Market: Regional Analysis
The largest share in the China clay market is held by Asia Pacific region. Growth in this region can be chiefly attributed to the enormous demand for China clay in China and Japan. Following Asia Pacific in its growth is North America. China clay is extensively used in hydraulic fracturing in North America which is expected to drive the market in this region especially in countries such as Canada and the U.S. Europe will also witness a significant growth in the coming periods owing to the growing demand for China clay in this region. Latin America, mainly Brazil and the Middle East and Africa will also be contributing a considerable market share in the years to come.
Global China Clay Market: Competitive Players
Some of the prominent market players in the China clay market include Quarzwerke Group, BASF SE, SCR-Sibelco NV, Thiele Kaolin Company, Richard and Baker Harrison Limited, and Imerys.
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Global China Clay Market: Regional Segment Analysis
North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa
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