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Global Wollastonite Market to 2027: Trends, Opportunities and Competitive Analysis

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    Report

  • 186 Pages
  • June 2022
  • Region: Global
  • Lucintel
  • ID: 5691827
The future of the wollastonite market looks promising with opportunities in the polymer, ceramic, paint and coating, and metallurgy market. The wollastonite market is expected to grow with a CAGR of 6.9% from 2021 to 2027. The major drivers for this market are increasing building and construction activities and growth in automotive production.

Emerging Trends in the Wollastonite Market

Emerging trends, which have a direct impact on the dynamics of the industry, include growing consumption of ultrafine wollastonite and increasing application of synthetic wollastonite.

Wollastonite Market by Segment

The study includes trends and forecast for the global wollastonite market by application, end use industry, product type, aspect ratio, and region as follows:

Wollastonite Market by Application [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:

  • Polymer
  • Ceramics
  • Paints and Coatings
  • Metallurgy
  • Others

Wollastonite Market by End Use Industry [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:

  • Automotive
  • Building and Construction
  • Industrial
  • Electrical and Electronics
  • Others

Wollastonite Market by Product Type [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:

  • Natural
  • Synthetic

Wollastonite Market by Aspect Ratio [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:

  • High Aspect Ratio
  • Low Aspect Ratio

Wollastonite Market by Region [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • Italy
  • Spain
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • The Rest of the World
  • Brazil
  • Turkey

List of Wollastonite Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wollastonite companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wollastonite companies profiled in this report includes.
  • Imerys
  • Wolkem
  • Lishu Dadingshan Wollastonite
  • Hulan Wollastonite
  • Jilin Shanwei
  • Nordkalk
  • R.T Vanderbilt Holding

Wollastonite Market Insight

  • The analyst forecasts that natural wollastonite will remain the largest product type segment due to growth in polymer, ceramic, and paint and coating applications.
  • Polymer is expected to remain the largest application segment, and it is also projected to witness the highest growth over the forecast period, driven by the growth in demand for plastics in automotive interior, exterior and under the hood applications.
  • Asia Pacific is expected to remain the largest region by value and volume, and it will experience the highest growth over the forecast period, supported by growth in ceramic products, such as wall and floor tiles and sanitary ware.

Features of Wollastonite Market

  • Market Size Estimates: Wollastonite market size estimation in terms of value ($M) and volume (kilotons)
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Market size by application, end use industry, product type, and aspect ratio.
  • Regional Analysis: Wollastonite market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different application, end use industry, product type, aspect ratio, and regions for the wollastonite market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the wollastonite market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the growth forecast for wollastonite market?
Answer: The wollastonite market is expected to grow at a CAGR of 6.9% from 2021 to 2027.
Q2. What are the major drivers influencing the growth of the wollastonite market?
Answer: The major drivers for this market are increasing building and construction activities and growth in automotive production.
Q3. What are the major applications or end use industries for wollastonite?
Answer: Polymer is the major application for wollastonite.
Q4. What are the emerging trends in wollastonite market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include growing consumption of ultrafine wollastonite and increasing application of synthetic wollastonite.
Q5. Who are the key wollastonite companies?
Answer: Some of the key wollastonite companies are as follows:
  • Imerys
  • Wolkem
  • Lishu Dadingshan Wollastonite
  • Hulan Wollastonite
  • Jilin Shanwei
  • Nordkalk
  • R.T Vanderbilt Holding
Q6. Which wollastonite product type segment will be the largest in future?
Answer: The analyst forecasts that natural wollastonite will remain the largest product type segment due to growth in polymer, ceramic, and paint and coating applications.
Q7: In wollastonite market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness good growth over next 5 years
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% customization without any additional cost.

This report answers the following 11 key questions

Q.1 What are some of the most promising potential, high growth opportunities for the global wollastonite market by application (polymer, ceramic, paint and coating, metallurgy, and others), product type (natural and synthetic), aspect ratio (high aspect ratio and low aspect ratio), end use industry (automotive, building and construction, industrial, electrical and electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities have taken place in the last 5 years in this market?


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Table of Contents

1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends (2016-2021) and Forecast (2022-2027)
3.2: Global Wollastonite Market Trends (2016-2021) and Forecast (2022-2027)
3.3: Global Wollastonite Market by Application
3.3.1: Polymer
3.3.2: Ceramic
3.3.3: Paint and Coating
3.3.4: Metallurgy
3.3.5: Others
3.4: Global Wollastonite Market by Product Type
3.4.1: Natural
3.4.2: Synthetic
3.5: Global Wollastonite Market by Aspect Ratio
3.5.1: High Aspect Ratio
3.5.2: Low Aspect Ratio
3.6: Global Wollastonite Market by End Use Industry
3.6.1: Automotive
3.6.2: Building & Construction
3.6.3: Industrial
3.6.4: Electrical and Electronics
3.6.5: Others
4. Market Trends and Forecast Analysis by Region from 2016 to 2027
4.1: Global Wollastonite Market by Region
4.2: North American Wollastonite Market
4.2.1: Market by Application: Polymer, Ceramic, Paint and Coating, Metallurgy, and Others
4.2.2: Market by Aspect Ratio: High Aspect Ratio and Low Aspect Ratio
4.2.3: United States Wollastonite Market
4.2.4: Canadian Wollastonite Market
4.2.5: Mexican Wollastonite Market
4.3: European Wollastonite Market
4.3.1: Market by Application: Polymer, Ceramics, Paints and Coatings, Metallurgy, and Others
4.3.2: Market by Aspect Ratio: High Aspect Ratio and Low Aspect Ratio
4.3.3: Spanish Wollastonite Market
4.3.4: Italian Wollastonite Market
4.3.5: German Wollastonite Market
4.4: APAC Wollastonite Market
4.4.1: Market by Application: Polymer, Ceramics, Paints and Coatings, Metallurgy, and Others
4.4.2: Market by Aspect Ratio: High Aspect Ratio and Low Aspect Ratio
4.4.3: Chinese Wollastonite Market
4.4.4: Indian Wollastonite Market
4.4.5: Japanese Wollastonite Market
4.4.6: South Korean Wollastonite Market
4.5: ROW Wollastonite Market
4.5.1: Market by Application: Polymer, Ceramics, Paints and Coatings, Metallurgy, and Others
4.5.2: Market by Aspect Ratio: High Aspect Ratio and Low Aspect Ratio
4.5.3: Turkish Wollastonite Market
4.5.4: Brazilian Wollastonite Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.4: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Wollastonite Market by Application
6.1.2: Growth Opportunities for the Global Wollastonite Market by Product
6.1.3: Growth Opportunities for the Global Wollastonite Market by End Use Industry
6.1.4: Growth Opportunities for the Global Wollastonite Market by Aspect Ratio
6.1.5: Growth Opportunities for the Global Wollastonite Market by Region
6.2: Emerging Trends in the Global Wollastonite Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Mergers and Acquisitions in the Global Wollastonite Market
7. Company Profiles of Leading Players
7.1: Imerys (NYCO)
7.2: Xinyu South Wollastonite
7.3: Wolkem India Limited
7.4: R.T. Vanderbilt Holding
7.5: Xinyu City Siyuan Mining Co., Ltd.
7.6: Lishu Dadingshan Wollastonite
7.7: lPanshi Hulan Wollastonite Mining Co., Ltd.
7.8: Jilin Wollastonite mining Company
7.9: Nordkalk Corporation

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Imerys (NYCO)
  • Xinyu South Wollastonite
  • Wolkem India Limited
  • R.T. Vanderbilt Holding
  • Xinyu City Siyuan Mining Co., Ltd.
  • Lishu Dadingshan Wollastonite
  • lPanshi Hulan Wollastonite Mining Co., Ltd.
  • Jilin Wollastonite mining Company
  • Nordkalk Corporation

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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