Middle East & Africa Talc Market Forecast to 2028 -Regional Analysis

The Middle East & Africa talc market is expected to grow from US$ 133.06 million in 2022 to US$ 166.54 million by 2028. It is estimated to grow at a CAGR of 3.8% from 2022 to 2028.

Growing Demand for Plastics in Automotive Industry Fuels Middle East & Africa Talc Market

Numerous companies operating in the automotive market are investing heavily in automobile manufacturing to increase production and sales. Plastics have improved the performance, structure, and safety of automobiles. Plastic use helps reduce the weight of vehicle parts, which increases fuel efficiency and lowers greenhouse gas emissions. Spurred by rigorous regulations, especially regarding fuel efficiency, plastics are key material in manufacturing and designing automotive vehicles. Materials such as polypropylene (PP) and other engineering thermoplastics are extensively used for automotive interiors, exteriors, and under-the-hood applications and replacing the usage of metal parts. Talc is added to polypropylene to enhance its performance and durability. Vehicle’s interior parts such as instrument panels, door panels, pillar covers, seat backs, consoles, and headliners are commonly made of talc-filled polypropylene. Thus, the increasing investments by major automobile manufacturers and surging production of automotive vehicles would propel the demand for automotive plastics, which is expected to boost the Middle East & Africa talc market growth during the forecast period.

Middle East & Africa Talc Market Overview

The Middle East & Africa (MEA) is primarily segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The demand for automotive components in the region is anticipated to grow significantly during the forecast period. The Middle East & Africa market is evolving due to the increasing passenger vehicle production. The demand for vehicles made in the region is growing consistently. Rising middle-class income, growing population, and increasing passenger vehicle production are driving the market. Further, the strong demand for paints and coatings, ceramics, pharmaceuticals, and rubber from countries in the region, such as South Africa, Saudi Arabia, the UAE, and Kuwait, creates a huge requirement for talc. Rapid urbanization, along with an increase in government spending on infrastructure development through programs such as Saudi Vision 2030 and Abu Dhabi Economic Vision 2030 in the Middle East & Africa, is leading to growth in construction activities in the region. This growth in construction activities is fueling the demand for the building materials such as paints and ceramics, thereby boosting the Middle East & Africa talc market growth.

Exhibit: Middle East & Africa Talc Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Talc Market Segmentation

The Middle East & Africa talc market is segmented into deposit type, end use industry, and country.

Based on deposit type, the Middle East & Africa talc market is segmented into talc chlorite and talc carbonate. The talc carbonate segment held a larger share of the Middle East & Africa talc market in 2022.

Based on end use industry, the Middle East & Africa talc market is segmented into plastics, pulp and paper, ceramics, paints and coatings, rubber, pharmaceuticals, food, and others. The plastics segment held the largest share of the Middle East & Africa talc market in 2022.

Based on country, the Middle East & Africa talc market is segmented int o South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the share of the Middle East & Africa talc market in 2022.

Golcha Minerals Pvt Ltd; Imerys SA; Liaoning Aihai Talc Co Ltd; Minerals Technologies Inc; and SCR-Sibelco NV are the leading companies operating in the Middle East & Africa talc market.