Global pyrophyllite market demand is expected to augment on account of growing ceramic industry and other refractory applications over the forecast period. Pyrophyllite exhibits high deformation resistance and excellent volume stability on heating as compared to other refractory materials including silica. Owing to the aforementioned properties, pyrophyllite finds application in foundry molds, wall tiles bodies and structural clay products. Increasing application scope of pyrophyllite in various end-use industries including paints, electrical porcelain, insecticides, machinery, rubbers and plastics is likely to aid market growth over the next seven years.
Pyrophyllite is segmented into five major applications categories including ceramics, refractory, rubber, plastics, paints & coating and insecticides. Ceramics accounted for major market volume share followed by refractory segment in 2014. 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. Additionally, application of ceramics and refractory in tableware and toiletries is expected to substantially assist pyrophyllite market growth in the next six years. Moreover, growth of paints & coatings and rubber industries on account of growing construction and automotive industry is anticipated to augment global pyrophyllite market demand.
Asia Pacific accounted for the major market volume share of pyrophyllite market owing to high abundance of the mineral and presence of end-use industries in the region. The region is expected to witness high growth over the forecast period on account of rapid industrialization in economies including China and India. Brazil stood third in global production of pyrophyllite after China and India in 2014 and is expected to have high growth potential in the pyrophyllite market. China and India are likely to be more lucrative markets for pyrophyllite owing to rapid industrialization and abundance of mineral deposits in the countries. North America is expected to witness steady growth rates owing to market saturation and shifting manufacturing base to the emerging economies such as China, India and Brazil.
Key players in the pyrophyllite market include Rio Tinto Group, American Talc Co., Luzenac Group, Golcha Group, Standard Mineral Co., Mineral Technologies Inc., R.T. Vanderbilt Co., Imerys.
Avail customized purchase options to meet your research needs:
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
Speak to the report author to design an exclusive study to serve your research needs.
A testimonial for service excellence represented in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.