Increasing Demand for Industrial & Marine Coatings
Talc is used in industrial coatings which provide various benefits, such as corrosion protection, solvent reduction, and good adhesion. Talc increases the solid content, along with the pigment volume concentration of the coatings, thereby, decreasing the VOC content and formulation cost. The growing VOC regulations in Europe and North America are increasing the demand for talc in industrial coatings. Talc is used in marine coatings as it is an inert, platy, and hydrophobic material which is best suitable for marine applications in ships, submarines, etc. The hydrophobic nature of the talc prevents it from corrosion, therefore, increases its demand. The growing shipbuilding activities are driving the market for talc.
Pulp & Paper Industry is the Largest Consumer
The paper industry is one of the largest consumers of talc, it is used as a filler to enhance opacity and improve printing properties. In the paper industry, talc is mixed with pulp to make the final product. Talc is used in both uncoated and coated rotogravure papers to enhance the printability and reduce the surface friction. It also helps to improve the productivity at the paper mill and print house as well as reduce the ink scuff in offset papers. Talc is used as a pitch control agent in the papermaking process to adsorb any sticky particles in the pulp onto their platy surfaces. Talc can also be used in paper recycling as well as in the fresh production of paper, pulp, and cardboard as filler. The talc market is expected to be driven by the growth of the pulp & paper industry in the Asia-Pacific and North America regions over the forecast period.
China is the Largest Consumer
In China, talc is found in 15 provinces, including Liaoning, Shandong, Guangxi, Jiangxi, and Qinghai as the prominent areas, accounting for more than 90% of the total reserves. The talc output from China is mostly of the medium- to low-quality standard, while the output of the high-quality talc powder and the high-quality lump is insufficient to meet the needs of the Chinese domestic market or export. China has stopped manufacturing its own pulp, thereby, resulting in the rise of the pulp prices, which is expected to hinder the growth of talc consumption in the pulp & paper industry of the country. The above factors are expected to have an impact on the growth of the talc market in the country.
December 2017: IMI Fabi announced the completion of the new crushing plant at Brusada-Ponticelli-Valbrutta mine in Lanzada, Italy.
February 2017: Imerys introduced JetFil® V625C and V700C talc for reinforcement for the plastic compounding industry.
Major Players: IMI Fabi SpA, Golcha Minerals, Imerys Talc, Nippon Talc Co. Ltd, and Lithos Industrial Minerals GmbH, among others.
Reasons to Purchase this Report
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- To identify the end user that is expected to dominate the market
- To identify the regions that are expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet (in Excel)
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1.1 Research Phases
1.2 Scope of the Report
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Increasing Plastic Usages in Automotive Industry
4.1.2 Increasing Demand for Industrial & Marine Coatings
4.2.1 Health Issues in Cosmetics Products
4.2.2 Other Restraints
4.3.1 Increasing Applications in Various Industries
5. Market Segmentation and Analysis (Market Size, CAGR and Forecast)
5.1 By Deposit
5.1.1 Talc Chlorite
5.1.2 Talc Carbonate
5.2 By End-user Industry
5.2.1 Pulp & Paper
5.2.2 Paints & Coatings
5.2.3 Plastics & Rubber
5.2.4 Food & Beverage
5.2.5 Personal Care
6. Regional Market Analysis (Market size, Growth and forecast)
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.6 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, Recent Developments)
8.1 IMI Fabi SpA
8.2 Anand Talc
8.3 Golcha Minerals
8.4 Guangxi Guilin Longsheng HuaMei Talc Development Co,. Ltd.
8.5 Imerys Talc
8.6 Liaoning Aihai Talc Company Limited
8.7 LITHOS Industrial Minerals GmbH
8.8 Minerals Technologies Inc.
8.9 Mondo Minerals B.V.
8.10 Nippon Talc Co., Ltd.
8.11 Natural Mineral (Superior Materials, Inc.)
*List not Exhaustive
** Subject to availability on public domain
- IMI Fabi SpA
- Anand Talc
- Golcha Minerals
- Guangxi Guilin Longsheng HuaMei Talc Development Co,. Ltd.
- Imerys Talc
- Liaoning Aihai Talc Company Limited
- LITHOS Industrial Minerals GmbH
- Minerals Technologies Inc.
- Mondo Minerals B.V.
- Nippon Talc Co. Ltd.
- Natural Mineral (Superior Materials Inc.)