Report ID: UCMIG15F2077
Report ID:
UCMIG15F2077 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global kaolin market, with an estimated value of USD 4.24 billion in 2021, is projected to experience a steady compound annual growth rate (CAGR) of 3.7% between 2022 and 2030. This growth can be attributed to various factors, including the rising demand for kaolin in the ceramics industry and its increasing application in the construction sector. The expanding usage of kaolin in the production of paper, paints, and plastics also contributes to the positive market outlook for the next decade.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Construction Materials by segment aggregation, the contribution of the Construction Materials in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15F2077