Asia Pacific Kaolin Market Size & Outlook, 2023-2030
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Asia Pacific kaolin market highlights
- The Asia Pacific kaolin market generated a revenue of USD 1,885.4 million in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, paper was the largest revenue generating application in 2023.
- Ceramics is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,885.4 million |
| Market revenue in 2030 | USD 2,614.9 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Paper |
| Fastest growing segment | Ceramics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper, Ceramics, Paint & Coatings, Fiber glass, Plastic, Rubber, Pharmaceuticals & medical, Cosmetics |
| Key market players worldwide | Basf SE, Minerals Technologies Inc, GL Sciences Inc, Imerys, EICL, KaMin Solutions, Sibelco, Thiele Kaolin Company |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 47.4% of the global kaolin market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,614.9 million by 2030.
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Kaolin Market Scope
Kaolin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific kaolin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to kaolin market will help companies and investors design strategic landscapes.
Paper was the largest segment with a revenue share of 37.23% in 2023. Horizon Databook has segmented the Asia Pacific kaolin market based on paper, ceramics, paint & coatings, fiber glass, plastic, rubber, pharmaceuticals & medical, cosmetics covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the largest consumer and manufacturer of kaolin in the world. Increasing requirements across various industries, such as infrastructure & construction, packaging, automotive & transportation, energy, and electronics, are anticipated to further augment market growth over the forecast period. Recent economic development and rapid industrialization has stimulated the growth of the kaolin market in Asia Pacific.
The region is predicted to exhibit the fastest growth rate in the kaolin market over the forecast period. Countries such as China, India, Japan, Malaysia, Vietnam, Indonesia, and South Korea are projected to be the major contributors to the growth of kaolin market in Asia Pacific.
Stringent government regulations in these regions are responsible for the sluggish growth of the kaolin market. However, the ongoing research and development activities in these economic regions are likely to fuel the growth of the kaolin industries in the coming years.
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Target buyers of Asia Pacific kaolin market databook
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Our clientele includes a mix of kaolin market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific kaolin market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific kaolin market size, by country, 2018-2030 (US$M)
Asia Pacific Kaolin Market Outlook Share, 2023 & 2030 (US$M)
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