Industrial Clay Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Global Industrial Clay
Market: Overview
Industrial
clay is a chemical composition of minerals, metal oxides, and organic traces,
which is widely acknowledged due to its property of staying rigid and hard even
at extreme temperatures. The growing trend of 3D printing is boosting the
demand for industrial clay as it is being increasingly used for designing 3D
models of automobiles and consumer electronics. Kaolin minerals, bentonite, and
palygorskite-sepiolite are some of the commonly used industrial clays. They are
used in industries such as rubbers, catalysts, ceramics, refractories, cement,
and paints.
The primary
objective of the report is to provide a 360-degree view of the global industrial
clay market. The objective has been fulfilled by meticulously examining
various aspects of the market including its dynamics, trends, geographical
segmentation, and competitive landscape. The information regarding the market
is gathered from various paid and unpaid sources such as press releases,
journals, presentations, and white papers. The report profiles key players in
the global industrial clay market along with their business strategies, latest
development, market shares, and revenue structures. It presents the SWOT
analysis that helps in calculating the growth trajectory of each key player in
the market. It also includes a separate section of recommendations for new as
well as existing players in the market, thereby serving as a reliable business
tool.
Global Industrial Clay Market: Drivers and
Restraints
The growing
expenditure for infrastructure development, particularly in emerging countries,
in light of government initiatives to boost domestic output is likely to play a
vital role in the growth of the global industrial clay market. Moreover, the
robust growth of the end-user industries such as paint and construction is
driving the demand for industrial clay. On the flip side, the internal threat
of substitutes such as bauxite and calcium carbonate is restricting the market
from realizing its full potential. The rising prices of clay are also expected to
negatively influence the growth of the market. However, the continual research
and development activities and the introduction of bio-ceramics are poised to
create ample growth opportunities for the market.
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Global Industrial Clay Market: Segmentations
On the basis
of applications, the industrial clay market can be divided into tableware,
sanitary ware, and medical applications. The growth of all the three segments
is supplemented by the flourishing construction industry. Based on geography,
the market can be classified into Europe, North America, Asia Pacific, and Rest
of the World. The Asia Pacific region is anticipated to register tremendous
growth during the forecast period owing to the rapid development of several
end-user industries. The increasing urbanization, abundant availability of
minerals, and growing population are also augmenting the market in the region.
The growth of North America is fuelled by the increasing investments in
infrastructural development. The Rest of the World segment is estimated to
progress at a significant CAGR owing to the rising focus on the development and
renovation of roads and other basic infrastructure in several countries in
Africa.
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Companies Mentioned in the Report:
The global
industrial clay market is characterized by high competitive rivalry. The value
chain of the market comprises of raw material suppliers, industrial clay
manufacturers, distribution channels, and end-user industries such as paints,
ceramics, and paper mills. The increasing mergers and acquisition activities
are intensifying the competition in the market. Some of the prominent players
in the global industrial clay market are Kaolin AD, J.M. Huber, BASF, Thiele
Kaolin Company, Imerys, Daleco Resources, and Quarzwerke GmbH.
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