The global pyrophyllite market size was valued at USD 151.7 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2020 to 2027. Increasing demand for pyrophyllite in ceramics is projected to boost market growth. Pyrophyllite is a mineral and has a close resemblance with talc in optical and physical properties. It is harder than talc and does not flux when heated or fired. It also has a combination of creep resistance and heat shock. Therefore, it is widely used in refractories, high-grade ceramics, and electric insulators. It also has applications in handicraft industries owing to the lumps nature and softness. The demand from ceramic and refractory industries in the U.S. is projected to drive market growth. Properties, such as low electrical conductivity, high melting point, high dielectric strength, and chemical inertness are the key factors promoting the demand for pyrophyllite products.
Growing production in iron & steel sector of the U.S. is also a major factor contributing to the market growth. The U.S. is the fourth largest country, in terms of crude steel production. The crude steel production in the country increased from 81.6 tonnages in 2017 to 86.6 tonnage in 2018.
The use of pyrophyllite in filler applications, such as insecticides, paper, rubber, and paint is likely to promote market growth over the coming years. Rebound in the construction sector is likely to benefit the paints & coatings market in the long run. The growing new residential construction sector on account of faster housing completions is another indirect factor projected to augment the demand for pyrophyllite products.
The ceramics application segment accounted for the largest volume share of over 33% in 2019 and is likely to grow at lucrative CAGR over the forecast period. Shrinkage properties and low thermal expansion of pyrophyllite make it suitable in ceramic blends. It is used in whiteware applications owing to the faster firing cycles. It is also used in electrical porcelain, sanitary ware, wall tiles, and other China ceramic products.
Good heat shock resistance and high corrosion resistance boost the product applications in the iron & steel industry as a refractory material. Global production for steel and related products is increasing at an incessant pace. It increased from 1,729.8 million tons in 2017 to 1,808.4 million tons in 2018. Thus, stable demand from the iron & steel industry is anticipated to remain a key factor driving the segment growth.
Other applications include product use as a filler in pesticides, rubber, cosmetics, paper, paints, and bleaching soap among others. Pyrophyllite is available in the form of lumps, which have high whiteness, low PH value, and high content of aluminum. These lumps are sold in various colors including red, orange, green, and pale green.
Asia Pacific is the dominant regional market and accounted for the largest share of over 51% in 2019. It is estimated to expand further at the fastest CAGR of 5.9% from 2020 to 2027. The increasing demand for building material products, such as wall tiles, sanitary ware, and paints in the emerging countries, such as India, China, and Southeast Asian countries is the key factor supporting regional market growth.
The demand for steel in the automotive, consumer goods, construction, oil & gas, and other industries are projected to remain an indirect growth factor. Out of the top 5 steel-producing countries, 4 are present in the Asia Pacific region, which includes China, India, Japan, and South Korea. With a rise in the production of steel, refractories demand is projected to increase in the long run, creating a positive impact on the global market.
In terms of revenue, North America is projected to register a CAGR of 5.8% from 2020 to 2027. Increasing penetration of advanced ceramics in electrical, electronics, and automotive products is likely to assist the regional growth. The U.S., Canada, and Mexico are characterized by the presence of numerous automotive and component manufacturing companies. As per the International Organization of Motor Vehicle Manufacturers, these countries produced over 16 million vehicles in 2019.
There is a small number of companies involved in the pyrophyllite industry. In recent years, no mergers & acquisitions have been observed in the market. Vendors are focused on supplying quality products with various grades of materials. Demand from filler applications is projected to provide lucrative opportunities for the industry players in the long run. Some of the prominent players in the pyrophyllite market include:
R.T. Vanderbilt Holding Company, Inc.
Anand Talc
Bud Chemicals and Minerals
Chirag Minerals
Kamlesh Minerals
Trinity Resources Ltd.
The Ishwar Mining & Industrial Corp.
Tsuchihashi Mining Co., Ltd.
Report Attribute |
Details |
Market size value in 2020 |
USD 146.5 million |
Revenue forecast in 2027 |
USD 237.2 million |
Growth Rate |
CAGR of 5.7% from 2020 to 2027 |
Volume in 2020 |
1,940.5 kilotons |
Volume forecast in 2027 |
2,803.7 kilotons |
Base year for estimation |
2019 |
Historical data |
2016 - 2018 |
Forecast period |
2020 - 2027 |
Quantitative Units |
Volume in kilotons, revenue in USD million and CAGR from 2020 to 2027 |
Report coverage |
Volume forecast, revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered |
Application, region |
Regional scope |
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
Country scope |
The U.S.; Canada; Mexico; Germany; Russia; The U.K.; China; Japan; India; Brazil |
Key companies profiled |
R.T. Vanderbilt Holding Company, Inc.; Anand Talc; Bud Chemicals and Minerals; Chirag Minerals; Kamlesh Minerals; Trinity Resources Ltd.; The Ishwar Mining & Industrial Corp.; Tsuchihashi Mining Co., Ltd. |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global pyrophyllite market report based on application and region:
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
Ceramics
Refractories & Foundries
Fillers
Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
North America
The U.S.
Canada
Mexico
Europe
Germany
Russia
The U.K.
Asia Pacific
China
Japan
India
Central & South America
Brazil
Middle East & Africa
b. The global pyrophyllite market size was estimated at USD 151.7 million in 2019 and is expected to reach USD 146.5 million in 2020.
b. The pyrophyllite market is expected to grow at a compound annual growth rate of 5.7% from 2020 to 2027 to reach USD 237.2 million by 2027.
b. Refractories and foundries dominated the pyrophyllite market with a share of 49.8% in 2019, owing to incessant increase in global crude steel production.
b. Some of the key players operating in the pyrophyllite market include R.T. Vanderbilt Holding Company, Inc., Bud Chemicals and Minerals, Anand Talc, The Ishwar Mining & Industrial Corp and Tsuchihashi Mining Co., Ltd.
b. The key factors that are driving the pyrophyllite market include increasing demand for steel from the automotive and construction sectors and rising pyrophyllite penetration in paint, coating, and rubber applications.
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