Kaolin Market Outlook: Increasing demand for ceramics to drive industry growth over 2016-2024

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Kaolin Market Outlook Increasing demand for
ceramics to drive industry growth over 2016-2024
Wo rth 25.5bn by 2024
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Kaolin Market Analysis

• Increasing applications of kaolin across sectors
  such as construction, plastic, and manufacturing
  will fuel the Kaolin Market size over the coming
  years. Kaolin, more commonly called China clay,
  is widely used in the paper, rubber, driven by
  its features such as non-abrasive texture,
  inertness, fiberglass, and ceramic industries,
  and opacity.
• An amplified growth in these sectors will
  majorly propel market expansion. According to
  Global Market Insights, Inc., Kaolin market is
  predicted to observe a CAGR of more than 4 over
  2016-2024.
• The global ceramic tiles market share is
  projected to witness a CAGR of more than 9 over
  2016-2024, which will ultimately spike industry
  growth. Consumer demand for elegant living
  quarters, urbanization, increased end-user
  spending, and the rapidly developing construction
  sector will lead to a significant upsurge in the
  kaolin market in the years to come.

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Continued

• Kaolin market finds applications in the ceramic,
  paint, fiberglass, adhesives, paper, plastic, and
  cement industries. Metakaolin market finds
  applications in two key sectors concrete and
  mortar.
• The global kaolin industry for ceramics is
  expected to register a CAGR of more than 4.5,
  driven by the products excellent resistance
  properties, extensive demand for ceramic
  flooring, and increasingly sophisticated
  lifestyle dynamics.
• Kaolin market for paper applications is slated to
  observe a CAGR of almost 3.5 over 2016-2024,
  owing to the wide-ranging uses of the product as
  an appearance enhancer and in filling and
  coating.
• Concrete is a vital product in the construction
  industry and metakaolin is primarily used to
  reinforce its compressive, tensile, and flexural
  strength. Global metakaolin market for concrete
  is likely to register observe healthy gains over
  2016-2024, driven by the ever-increasing demand
  for concrete in construction.

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U.S. Kaolin Market size, by application,
2013-2024 (USD Million)

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Regional analysis of the industry over 2016-2024

• APAC dominated global kaolin market size in 2015
  owing to the ever-growing construction sector in
  the region. Changing consumer lifestyles couples
  with the robust growth of the automotive and
  manufacturing sectors across countries such as
  China, Malaysia, India, and Indonesia will propel
  APAC industry, slated to grow at a CAGR of 4.5
  over 2016-2024.
• Valued at approximately USD 1 billion, North
  America contributed to more than 20 of global
  kaolin market in 2015.
• The tremendous surge in the number of renovation
  projects and the robust growth of the U.S.
  construction sector, especially post the 2008
  economic deterioration will influence the
  regional growth.

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