Kaolin Market Size Worth $6.28 Billion By 2027

The global kaolin market size is expected to reach USD 6.28 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.5% from 2020 to 2027. The increasing popularity of high-grade kaolin within the cosmetics industry is anticipated to propel the growth of the market space over the forecast period.

The use of kaolin in the cosmetics industry has witnessed steady growth over the last few years. As per cosmetics industry experts, the absorbent properties exhibited by kaolin proved to be a key factor in the wide adoption of the product within this application segment. In addition, increasing consumer awareness pertaining to the use of natural ingredients, especially in cosmetic creams and lotions, propelled the adoption of kaolin in the global cosmetics market space.

The emergence of COVID-19 in the first quarter of FY 2020 has directly impacted the construction activities. The slowdown in the construction sector is projected to indirectly influence the dynamics of the global market space. The imposition of lockdown by many countries around the globe have stalled construction activities and caused a severe economic impact. The kaolin expansion projects initiated by market vendors at the start of 2019 have been stalled due to the scarcity caused by the emergence of COVID-19.

Despite the current downturn in economic conditions, the futuristic opportunities for marketspace look lucrative with larger demand coming from ceramics application. An increase in ceramics production is anticipated to positively influence the apparent consumption of the product over the forecast period. Wider adoption of ceramics, especially in décor and interior design, is likely to boost its prospects over the predicted timeline.

Most of the players in the market are focused on devising strategies to limit economic exposure caused due to the breakout of the pandemic and the subsequent slowdown in the demand for the product from key application segments. The market participants are inclined towards maintaining positive liquidity in order to sustain themselves during these unprecedented times.

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https://www.grandviewresearch.com/industry-analysis/kaolin-market

Further key findings from the report suggest:

  • The paper application segment led the market and held over 37.0% share of the global revenue in 2019 owing to increasing demand for paper boards from the packaging industry
  • The ceramics application segment is projected to expand at a CAGR of 4.9% in terms of revenue over the forecast period owing to increasing production of ceramic tiles to meet the growing demand from the construction industry, especially in the U.S., China, and India
  • The cosmetics application segment accounted for a volume share of 1.1% in 2019 and is expected to emerge as one of the fast-growing segments in terms of volume over the forecast period. The growth is attributed to increasing consumer disposable income, along with the rising demand for skincare products
  • Asia Pacific is anticipated to expand at the fastest CAGR in terms of volume as well as revenue over the forecast period, owing to the wide adoption of kaolin within the regional supply chain of the ceramics manufacturing marketspace
  • Europe is expected to register a CAGR of 2.3% in terms of volume over the forecast period. The economic disaster triggered by the breakout of the pandemic is likely to restrain the market growth in the region.

Electrical Vehicle Insulation Market Size Worth $5.4 Billion By 2027

The global electric vehicle insulation market size is expected to reach USD 5.4 billion by 2027 registering a CAGR of 19.5%, according to a new report by Grand View Research Inc. Growing regulatory support for the adoption of EVs and the implementation of strict vehicular emission norms are expected to drive the market growth.

The rise in demand for environmentally sustainable and green vehicles is expected to have a positive impact on product demand. Product applications to control and maintain the battery pack coupled with reducing the vehicular noise and vibrations of the EVs are expected to drive the market growth over the forecast period.

Growing regulatory support in the form of rebates and subsidies for encouraging the use of EVs in the European Union is expected to have a positive impact on market growth. Furthermore, the growing emphasis on reducing the vehicular pollution in China is projected to augment the product demand over the forecast period.

The market is largely dominated by major corporations with high integration throughout the value chain. The market is highly price-sensitive and price wars among companies are common. The market is moving towards consolidation, with large firms taking over the overseas factories to expand in regions with high growth potential.

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https://www.grandviewresearch.com/industry-analysis/electric-vehicle-insulation-market

Further key findings from the study suggest:

  • In China, the demand is expected to grow at an of CAGR 17.4% over the forecast period on account of rising adoption of EVs in the country
  • In 2019, the revenue for Under the Hood & Battery Pack application segment in the North America region stood at USD 96.3 million owing to wide-ranging product utilization for insulating a variety of vehicle components, such as battery packs and electric motor
  • In Europe, the market is anticipated to reach USD 782.9 million by 2027 due to the rising adoption of EVs as a result of strong regulatory support
  • In the Asia Pacific, the foamed plastics material segment is expected to register a CAGR of 21.7% over the forecast owing to superior impact resistance and dielectric properties
  • Manufacturers are focusing on product portfolio expansion and R&D for the development of newer hybrid and lightweight materials with improved durability and insulation properties

Healthcare 3D printing market to grow at a CAGR of 15.6% from 2014 to 2020

The global healthcare 3D printing market is estimated to grow at a CAGR of 15.6% from 2014 to 2020 on account of growing need for manufacturing automated products. Rising geriatric population and increasing healthcare requirements across the globe have been majorly driving demand. Rise in number of orthopaedic and cardiovascular disorders occurring prominently among the aged population have resulted in an increased demand for these printing facilities.

Healthcare 3D printing market provides significant opportunities for manufacturing various medical equipment including dental implants, prosthetic limbs, hearing aids and orthotic footwear. Government initiatives to develop healthcare infrastructure and rising investments for R&D are some of the factors driving growth. The ability of the technology to reduce the risks involved with anesthesia during prolonged surgeries has been another factor resulting in their increasing demand. The market is estimated to be worth USD 1.13 billion by 2020.

Polymers captured over 35% of the overall market share in 2013, dominating the raw material segment of the healthcare 3D printing industry. They are primarily used in bio-model printing.

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http://www.grandviewresearch.com/industry-analysis/healthcare-3d-printing-market

Ceramics are commonly used for manufacturing tooth or mandible (jaw bone). Increasing occurrences of tooth problems including fractures and decays resulting in replacement of crowns or entire teeth is expected to propel demand for biocompatible materials including ceramics. The market is expected to grow at a CAGR of 15.6% over the forecast period.

Implants accounted for over 60.0% of the global market share in 2013. They are not only cost effective but also provide accuracy which is expected to fuel demand. Customized orthopaedic implants increase performance as they reduce time duration of surgeries. Also, it is convenient and less expensive to tailor 3D printed parts. Dental printers provide metal and wax prosthetics. Rising consumer awareness regarding maintaining oral health is expected to bolster growth over the projected period.

Photo-polymerization technology is extensively utilized by research organizations to produce accurate and efficient bio-models. It was valued over USD 140.0 million in 2013 dominating the global industry. However, laser beam melting is estimated to grow at a CAGR exceeding 16% from 2014 to 2020, thus, becoming the fastest growing technology. It is mostly used for producing orthopaedic implants.

North America accounted for over 35% of the global revenue dominating the regional industry in 2013. Rising awareness among patients, mounting investments for dedicated R&D facilities, advanced healthcare infrastructure coupled with development of 3D printing-based products are expected to drive demand in the region over the forecast period.

Rising demand for customized medical equipments and huge investments in R&D programs in Europe are expected to make it the fastest growing market in the next few years. Increasing healthcare investments and expenditures in emerging economies of Asia Pacific are expected to drive demand at a rapid pace over a period of six years.

Prominent players in the industryinclude Envision TEC, Materialise NV, Stratasys Inc., 3D Systems Software, Organovo, Bio-Rad Laboratories, SOLS, Metamason, Simbionix, RegenHU Ltd., Youbionic, 3D Matters Pte Ltd., 3D Systems Corporation (3DS), Roche Pharmaceuticals, Ekso Bionics, Renishaw plc., Delcam India, Robohand, Worrell, Archam, ALD Vacuum Technologies and Rainbow Biosciences.

Active Calcium Silicate Market Size Worth $203.0 Million By 2025

Active calcium silicate market is primarily driven by robust growth in the construction industry. The construction segment is one that has found rapid growth in the developing and underdeveloped economies, while also growing steadily in the developed ones. Construction spending in the United States crossed USD 1.29 trillion in 2018, while the global construction costs as a whole, are expected to rise on an average by 4.3% in coming years. The compound has a wide application scope owing to its dynamic nature, and it is extensively utilized in the manufacturing of acoustic tiles and wallboards to provide sound proofing and protect from fire.

Active calcium silicate is a poly-silicate compound that is produced by making use of various raw materials such as limestone, sodium silicate and hydrochloric acid. It is used in various application segments, on account of its desirable technical properties such as sound absorption and high-temperature resistance. It is widely available in the form of blocks, powder, and boards. Active calcium silicate is a safer alternative to asbestos in high temperature insulation applications. The key application segments include ceramics, fire protection, cement, paints & coatings, and insulation.

Construction Sector – A Major Customer

Increasing government spending on industrial, commercial, and residential construction development has positively impacted the global market growth of active calcium silicate. It is widely utilized in various application segments owing to its characteristics such as excellent adhesion, intumescence, and fire resistance. The construction industry needs to follow the regulatory standards that are implemented by regulatory bodies like OSHA and NIOSH, which ask for builders to implement additional security features in buildings.

Residential building fires are still a major cause of death in the United States. According to 2018 FEMA data, an estimated 379,600 residential fires took place in the country that year, which resulted in close to 2,800 deaths. Moreover, such incidences also cause great financial losses, and this figure stood at 8.19 billion in 2018. As such, fire protection becomes a major task on hand for the authorities, and the desirable properties of active calcium silicate in combating such hazards has provided impetus to the market.

Market Scenario

Insulation segment dominated the global active calcium silicate market owing to increasing demand from high-temperature applications such as glass, petrochemical, and steel. In addition, it is widely used in oil refinery, building walls, blast furnace, and electric arc furnace in boards and blocks form. Use of active calcium silicate is also important in the ceramics sector, which is growing at a rapid pace on account of the emergence of 3D printing technology, as well as its application in dental implants.

Europe dominated the global market in terms of volume and revenue in 2016 and is expected to continue its domination over the years ahead. Europe is followed by Asia Pacific, which is expected to witness robust growth in the coming years, especially in the construction sector, with economies such as India and China leading the way in regional infrastructural development. The demand for active calcium silicate from various application segments is propelled by a positive outlook from construction industry owing to its importance in acoustic insulation, and presence of regulatory standards imposed by various regulatory bodies.

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https://www.grandviewresearch.com/industry-analysis/active-calcium-silicate-market

Further key findings from the study suggest:

  • In January 2020, HIL Limited approved the sale of their calcium silicate insulation products division, with the brand ‘HYSIL’ to be transferred into the hands of Calderys India Refractories Limited. Calderys is a wholly-owned subsidiary of the France based multinational company Imerys S.A.
  • In November 2019, Johns Manville announced that it had signed an agreement that concerns the acquisition of ITW Insulation Systems, which is known for its premium, low-temperature polyisocyanurate foam insulations and metal jacketing solutions. The company has four manufacturing plants (2 each in U.S. and Canada). Through this acquisition, Johns Manville would be focusing on the cold and cryogenics market.
  • In September 2018, scientists at Rice University successfully developed micron-sized calcium silicate spheres which could possibly lead to stronger, greener concrete. This work built upon the previous project by the same team that developed self-healing materials with porous, microscopic calcium silicate spheres.

Europium Market Size Worth $308.9 Million By 2025

The global europium market is expected to reach USD 308.9 million by 2025, according to a new report by Grand View Research, Inc. The rapid growth of the consumer electronics industry across the globe can be regarded responsible for market growth in recent years. In addition, the increasing application scope of the product in the automobile, electrical, energy, and material sciences industries is expected to have a positive impact on the overall market growth over the forecast period.

Increased demand for europium oxide and nitrates for the manufacture of red and blue phosphors largely used in electronics, including television, smart phones, and laptops, is expected to propel the demand for europium during the forecast period. Further, the increasing penetration in healthcare markets, largely for the purpose of optical imaging and therapy, is expected to positively impact product demand in the near future.

Europium oxides and its derivatives are increasingly being used in nuclear reactor control rods owing to their neutron absorbing property. The growing dependency on nuclear energy for electricity generation is expected to benefit market growth over the next few years.

The europium industry is expected to witness the highest growth in phosphors application, slated to grow at a CAGR of 5.0% during the forecast period, in terms of volume and revenue. Industry players such as China MinMetals Corporation, Baotou Group, Avalon Advanced Materials Inc. and Lynas Corporation engage in exploration, mining, development and manufacture of europium along with other rare metals.

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http://www.grandviewresearch.com/industry-analysis/europium-market

Further key findings from the report suggest:

  • The europium market was valued at USD 209.0 million in 2016 and is projected to grow at a CAGR of 4.6% over the forecast period. The increasing application scope of the product in key end-use industries, including consumer electronics, automotive, semiconductors, and energy & mining, is expected to drive product demand during the forecast period.
  • Europium phosphors recorded a market revenue of USD 60 million in 2016 and is likely to witness significant growth during the next eight years, primarily on account of the rapidly growing consumer electronics industry worldwide.
  • Product demand in the lighting segment was valued at just over USD 41 million in 2016 and is expected to grow at a CAGR of 4.5% over the forecast period owing to the use of europium in mercury lamps. The rapidly-growing lighting market, especially in emerging economies across key regions, is expected to benefit penetration of europium.
  • The Asia Pacific europium segment dominated the overall industry, with the regional segment being valued at USD 176.7 million in 2016. The segment is anticipated to grow significantly on account of the rapid growth of the key end-use verticals. The increasing production in key economies such as India, Vietnam, and Thailand is also expected to impact product demand.
  • The key strategies adopted by the industry players include horizontal integration with refining and separation companies, manufacturers, and distributors.

Kaolin Market Size Worth $5.66 Billion By 2027

The global kaolin market size is projected to reach USD 5.66 billion by 2027, expanding at a 3.3% CAGR based on revenue, over the forecast period, according to a new report published by Grand View Research, Inc. Kaolin is used as a filler or a coating material and hence, rising demand for paper from the packaging industry is likely to propel the growth.

Kaolin in paper products enhance smoothness and appearance, increase brightness and printability, and reduce abrasion. Paper, being an eco-friendly and easily recyclable solution, is widely used in industries such as packaging and print media in the form of paper boards and gloss papers. Rising awareness along with stringent regulations regarding environmental pollution caused by non-biodegradable packaging is likely to drive the demand for paper packaging, which in turn is anticipated to augment market growth in the forthcoming years.

However, downturn in paper sector of North America region is expected to restrain growth of the kaolin market over the forecast period. Continuous shift toward digital media platforms for news, advertisements, and marketing has adversely affected the demand for newsprint media in North America over the past few years. In addition, availability of efficient substitutes, such a Ground Calcium Carbonates (GCC) and Precipitated Calcium Carbonates (PCC) that can replicate the properties of kaolin at a lower cost may hinder the product demand to a certain extent.

In Asia Pacific, factors such as expanding population and rising consumer standard of living are anticipated to increase the need for houses, thus propelling the construction industry. The rising construction industry directly impacts the growth of the ceramic industry. According to the Ceramic World Web, in 2018, the regional ceramic tile production accounted for 68.6% of the global production. The high regional production of ceramic tiles is anticipated to drive the demand for kaolin in the forthcoming years.

BASF SE, Imerys S.A., KaMin LLC, LB MINERALS Ltd., Sibelco N.V., and Thiele Kaolin Company are the key market players. Most of the players focus on increasing the kaolin prices to ensure long term business sustainability. The kaolin manufacturers increased in prices by 5% to 9% in 2018 for different applications. For instance, in August 2018, BASF SE increased kaolin prices by 5% for paper and thermal applications.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/kaolin-market

Further key findings from the report suggest:

  • Paper segment is anticipated to expand at a CAGR of 2.6%, in terms of revenue over the forecast period owing to the increasing demand for paper boards from the packaging industry
  • Ceramics is projected to witness a CAGR of 4.0% in terms of volume over the forecast period owing to increasing production of ceramic tiles to meet the rising demand from the construction industry, especially from U.S, China, and India
  • Cosmetics is among the segments witnessing rapid growth, in terms of volume, over the forecast period and accounted for a market share of 1.1% in 2019. The growth is attributed to the increasing consumer disposable income along with the rising demand for skin care products
  • Asia Pacific is anticipated to expand at a CAGR of 3.5% in terms of volume over the forecast period owing to the rising demand for kaolin-based products from construction, automotive, and packaging industries
  • Europe is expected to witness a CAGR of 2.7% in terms of revenue over the forecast period as it is among the largest regions for the paper industry and ceramics industry