Talc Market worth 3.29 Billion USD by 2021

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Talc Market by Type ,Application - by Region
Global Trends Forecast to 2021
www.MarketsandMarkets.com
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Talc Market by Type of Deposit (Talc Chlorite,
Talc Carbonate), Application (Paper Pulp,
Cosmetics, Plastics, Ceramics, Paints Coatings,
Pharmaceuticals, and Food) and Region - Global
Forecast to 2021 The global talc market is
projected to grow from USD 2.46 Billion in 2015
to USD 3.29 Billion by 2021, at a CAGR of 4.9
between 2016 and 2021.

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Talc carbonate is the fastest-growing deposit
type segment of the global talc market The talc
carbonate segment contributed the largest share
to the talc market, by type of deposit in 2015,
and is projected to be the fastest-growing
deposit type segment from 2016 to 2021. This
growth can be mainly attributed to the large
availability of talc carbonate type of deposits
globally and high percentage of talc found in the
talc carbonate type of deposits. Also, the talc
obtained from these type of deposits has greater
purity than talc obtained from other type of
deposits.
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Plastics was the fastest-growing application
segment of the global talc market The plastics
segment accounted for the largest share in the
talc market, by application in 2015, and is
projected to be the fastest-growing application
segment from 2016 to 2021. This growth can be
attributed to the increased demand for the use of
talc in plastic products, as it acts as a
reinforcing filler and increases the stiffness,
restores mechanical properties so as to enable
recycling plastics, and acts as an ideal
nucleating agent in biopolymers and
semi-crystalline polymers.
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The Asia-Pacific region was the largest market
for the global talc market in 2015 The
Asia-Pacific region was the largest talc market
in 2015, owing to the rise in demand for talc in
this region. This increased demand can be
attributed to the growing demand for talc
reinforced plastic parts from the automotive
industry, cosmetics, paper and paints coatings
in the region. China, India, and Japan are the
leading countries in terms of production and
consumption of talc in the Asia-Pacific region.
The existence of talc mines and the increase in
demand from end-use industries such as plastics,
paints coatings, paper pulp, personal care,
agriculture, food and others is expected to drive
the growth of the talc market in these
countries.
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The factors inhibiting the growth of the global
talc market are, slow economic recovery of the
European countries and stringent environmental
and utilization norms for talc by various
governments and associations. Key market players
operating in the global talc market, such as
Imerys SA (France), Mondo Minerals (Netherlands),
Minerals Technologies Inc. (U.S.), IMI FABI Talc
Company (Italy), American Talc Company (U.S.),
Golcha Minerals (India) Pvt. Ltd., Magnesita
Refratarios SA (Brazil), Nippon Talc Co., Ltd.
(Japan), among others, have adopted various
strategies to increase their market shares.
Agreements, new product launches, expansions,
acquisitions, and research development are some
of the key strategies adopted by market players
to achieve growth in the global talc market.
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Target Audience Talc Producers Talc Traders,
Suppliers, and Distributors Government and
Research Organizations Associations and
Industrial Bodies Raw Material Suppliers and
Distributors Shipping Companies Industry
Associations This study answers several
questions for the stakeholders, primarily the
market segments which they need to focus upon
during the next two to five years so that they
may prioritize their efforts and investments
accordingly.
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Key Compotators The global talc market has a
diversified ecosystem of upstream players,
including raw material suppliers, along with
downstream stakeholders, vendors, end-users, and
government organizations. Companies operating in
the global talc market include Imerys SA
(France), Mondo Minerals (Netherlands), Minerals
Technologies Inc. (U.S.), IMI FABI Talc Company
(Italy), American Talc Company (U.S.), Golcha
Minerals (India) Pvt. Ltd., Magnesita Refratarios
SA (Brazil), Nippon Talc Co., Ltd. (Japan),
Liaoning Aihai Talc Company Limited (China), and
Guangxi Longsheng HuaMei Talc Development Co.
Ltd. (China), among others.
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Contact
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1-888-600-6441
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