Global Talc Powder Market Expected Grow At A CAGR Of 4.9% Over 2018-2022

Date: 2018-02-02

Talc Powder is a clay mineral composed of hydrated magnesium silicate with the chemical formula H₂Mg₄ or Mg₃Si₄O₁₂. Talc powder is made from talc, a mineral composed of hydrated magnesium silicate (magnesium, silicon, and oxygen). Talc is also used in manufacturing in a variety of industries.

The increasing consumption in paper and pulp industry is expected to drive growth for talc powder market, paper and pulp industry is the largest consumer for talc in 2017, moreover, the paint and coatings industry are the other major consumers of talc powder, which are expected to further trigger the market, according to research, the global Talc Powder is projected to grow at a CAGR of 4.9% between 2018-2022.

Geographically, Asia Pacific is the largest market for talc powder with China and India, the Asia Pacific market is estimated to remain the trend throughout 2022 due to its growth in manufacturing, which directly fueling both in the consumption and production of Talc Powder on the back of rapid industrialization and substantial growth in the paper and pulp, paint and coatings and automobile industry. Region followed by North America and Europe in terms of demand, North America is expected to grow at a CAGR of 4.2% during the forecast period in terms of revenue.

Global top manufacturers operating in Talc Powder market are Imerys talc, Mondo Minerals, Golcha Group, American Talc, IMI FABI, Nippon Talc, Minerals Technologies Inc, the Jai Group, Aihai Talc, Behai Talc, Shuiquan Talc, Xin Talc, Haumei Talc, Guiguang Talc and Xin Talc among others.

Global Talc Powder market share by geography as following:

Read Full Report: http://www.gosreports.com/global-talc-powder-market-research-report-2016/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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