North America Kaolin Market Size & Outlook, 2023-2030
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North America kaolin market highlights
- The North America kaolin market generated a revenue of USD 465.6 million in 2023.
- The market is expected to grow at a CAGR of 3.7% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 465.6 million |
| Market revenue in 2030 | USD 600.1 million |
| Growth rate | 3.7% (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, North America region accounted for 11.7% 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 |
|---|
North America 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 35.5% in 2023. Horizon Databook has segmented the North America 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.
North American countries are focused on accelerating their economic growth by investing in infrastructure development projects and carrying out residential and commercial construction activities. Growing investments in public infrastructure and construction projects are anticipated to augment the demand for paints & coating, and ceramics products in North America from 2023 to 2030.
For instance, in April 2022, the Government of Canada allocated USD 4 billion in its Budget 2022 to launch the “Housing Accelerator Fund” for building 100,000 affordable homes over the next five years. The potential for North American kaolin market is expected to grow over the forecast period owing to rising investments in water treatment & renewable energy projects.
In August 2022, an investment of USD 2.5 million was made by the Canadian government for the construction of a new water treatment system in Petit-Rocher, Yukon. The project will utilize a nanofiltration system. The project is funded through the Rural and Northern Infrastructure stream of the ‘Investing in Canada Infrastructure’ plan.
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Our clientele includes a mix of kaolin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America kaolin market , including forecasts for subscribers. This continent databook contains high-level insights into North America kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America kaolin market size, by country, 2018-2030 (US$M)
North America Kaolin Market Outlook Share, 2023 & 2030 (US$M)
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