Diatomite Global Market Report 2024

The diatomite market size has grown rapidly in recent years. It will grow from $2.39 billion in 2023 to $2.66 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. Historical growth in the diatomite industry can be attributed to several key factors. These include its widespread use in industrial filtration applications, its effectiveness in oil absorbent applications, and its utilization in health and beauty products, where its unique properties have proven beneficial.

The diatomite market size is expected to see rapidly grown in the next few years. It will grow to $3.72 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. Anticipated growth in the forecast period for diatomite is expected to be driven by several key factors. These include the rising demand for renewable energy sources, an increasing need for diatomite in paints and coatings, expanding applications in agriculture (such as soil amendments), its use in water treatment for various industrial processes, a focus on environmental remediation applications, growing demand in agriculture for pest control, and its increasing utilization in insulation materials.

The growth in the diatomite market is due to increasing sales in rapidly developing countries such as China and India owing to rising disposable income, and increasing demand for, the availability of credit. Disposable income refers to the amount of money that an individual or household has to spend or save after income taxes have been deducted. Diatomite is primarily used to filter food processing products such as beer, whiskey, and fruit juice, and to filter organic liquids such as solvents and oils. For instance, in 2021, according to the Bureau of Statistics of China, a China-based Government agency data, Disposable Personal Income in China increased to 47412 CNY 2021 from 43834 CNY in 2020. Therefore, the rising disposable income is driving the growth of the Diatomite market.

The increasing demand for personal care products is expected to propel the growth of the diatomite market going forward. A personal care product refers to a group of self-care items used for personal hygiene, cleaning, and grooming. They consist of shampoos, conditioners, toothpaste, creams, cosmetics, and home items. The market for diatomite has expanded as a result of rising consumer demand for personal care goods, as it is commonly found in products such as facial scrubs, toothpaste, and deodorants. For instance, in February 2023, according to L'Oréal S.A., a France-based personal care company, sales of consumer products increased from 11.8% to 14.6% and active cosmetics from 28.0% to 30.6% from the 3rd quarter of 2022 to the 4th quarter of 2022. Therefore, the increasing demand for personal care products is driving the growth of the diatomite market. Companies engaged in the diatomite industry are using autonomous vehicles and automated technologies to increase productivity and reduce labor costs as the major trends witnessed in the Diatomite market.

Major companies operating in the diatomite market report are Imerys S.A., EP Minerals, CECA Chemical, Diatomite CJSC, Jilin Yuan Tong Mineral, Dicalite Management Group Inc., Showa Chemicals Industry Co. Ltd., Calgon Carbon Corporation, Qingdao Best diatomite co.ltd., Shenzhou Xinglong Products of Diatomite Co.Ltd., Chuanshan inte, U.S. SILICA Holdings Inc., Grefco Minerals Inc., Moltan Co., Eagle-Picher Industries Inc., Celite Corp, Damolin, Qingdao Sanxing Diatomite Co. Ltd., Shengzhou Huali Diatomite Products Co. Ltd., Zhilan Diatomite Products Co. Ltd., Changbai Mountain filter aid factory, Noah Chemicals, Kinequip Inc., Atlantic Equipment Engineers Inc., Twin Specialties, Reade Advanced Materials, Barentz, Gromolit LLC, Zhuzhou Yuancheng Hezhong Technology Development Co. Ltd.

North America was the largest region in the diatomite market in 2023.the regions covered in the diatomite market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa.

The countries covered in the diatomite market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The diatomite market includes revenues earned by entities by filtering impurities out of beer, juice, and water. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Main diatomite types include pinnularia, coscinodiscus, and melosira. Coscinodiscus, a prominent genus of disk-shaped diatoms found mainly in marine environments, is often abundant in plankton. Diatomite finds various applications as fillers, filter agents, absorbents, construction material, and more. Mining methods for diatomite encompass both underground and surface techniques.

The diatomite market research report is one of a series of new reports provides diatomite market statistics, including diatomite global industry, regional shares, competitors with a diatomite market share, detailed diatomite market segments, market trends and opportunities, and any further data you may need to thrive in the diatomite industry. This diatomite global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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