Pyrophyllite Market Scope
Pyrophyllite is a hydrous aluminum silicate mineral Al2Si4O10(OH)2. It occurs in phyllite and schistose rocks, often associated with kyanite, of which it is an alteration product. It also occurs as hydrothermal deposits. Phyrophyllite’s properties can be used in the manufacturing process of a variety of products in industries such as Fiberglass, Plastics, Pulp & Paper, Agriculture, Ceramics, Paint & Coatings, Rubber, Personal Care, Refractory and Foundry as an alternative to talc and kaolin. Demand for pyrophyllite in ceramics is expected to grow exponentially owing to the increasing application range of advanced ceramics in automotive, electrical and electronics industry.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | North America |
Largest Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Rio Tinto Group (United Kingdom), American Talc Co. (United States), Golcha Group (India), Standard Mineral Co. (India), Mineral Technologies Inc. (United States), R.T. Vanderbilt Co. (United States) and Imerys (France) |
CAGR | 6.0% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Pyrophyllite market throughout the predicted period.
Rio Tinto Group (United Kingdom), American Talc Co. (United States), Golcha Group (India), Standard Mineral Co. (India), Mineral Technologies Inc. (United States), R.T. Vanderbilt Co. (United States) and Imerys (France) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Pyrophyllite market by Type (Natural, Ceramit 10 and Ceramit 14), by Application (Ceramics, Refractory, Rubber, Plastics, Paints & coating and Insecticides) and Region with country level break-up.
On the basis of application, Ceramics segment is dominating the market in the year 2021
On the basis of geography, the market of Pyrophyllite has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2021. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Trend
- The Growing Paint and Coating Industry
- High Demand due to Owing to the Aforementioned Properties
Opportunities
- Growing Demand due to Rapid Industrialization in Developing Countries
- Incresing Construction and Automotive Industry
Restraints
- Stringent Government Regulations associated with Plastics
Key Target Audience
Pyrophyllite Manufactures, Pyrophyllite Suppliers, Pyrophyllite Distributors, Government Regulatory Bodies, Government Private Organizations and Others