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Talc Market .pdf


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Talc Market trends research and projections for 2017-2024:
Global Market Insights Inc.
The Talc Market trends are analyzed from recent past with an eye on coming years in this
report that also offers projections for Talc industry targeted at helping in business decisions.
Talc is the softest known mineral and possesses a rating of 1 on the Mohs hardness scale,
which is the lowest in all the known minerals. It can be easily scratched by a fingernail and
can be smoothly cut into pieces by a knife. It has clear luster and takes a specific gravity
ranging from 2.5 top 2.8. It is insoluble in water and is slightly soul be in dilute mineral acids.
It is a metamorphic in nature which occurs due to magnesium metamorphism with amphibole,
olivine, pyroxene and serpentine in presence of water and CO2. It has a tri-octahedral layered
structure similar to pyrophyllite.
Based on deposit type, talc market is majorly dominated by talc carbonate and is expected to
be the fastest growing segment over the forecasted period. Through various researches, it
found to possess higher purity rates compared to any other deposit types.

Talc Market size is anticipated to witness a surge in demand due to growing opportunities in
the paper, plastic and coating applications. The major driving factors for the growth of this
industry are increasing usage of paints and coatings in construction and industrial sectors and
growth in demand of plastics in automotive. It plays a substantial role in increasing the creep
resistance, thermal conductivity, stiffness, rigidity, chemical resistance and impact resistance
in automotive, electrical & electronic, household appliances and engineering plastics
materials.
It is a soft mineral chemically composed of silica, water and magnesium. The basic chemical
composition is hydrated magnesium silicate and is significant industrial and commercial
mineral. Its chemical formula remains close to this basic composition but also shows variations
in the structure owing to the substitution of magnesium with other elements. It has wide
applications as an industrial mineral owing to its resistance to heat, acids and electricity and
grease & oil adsorption. It has broad commercial usage due to its softness, fragrance
retention, luster, whiteness and purity.
Plastics is the fastest growing segment among all applications in the industry. High demand
of talc in plastics industry comes due to its superior property be reinforcing filler. It increases
the product impact resistance, conductivity and rigidity. It is chiefly applied in production of
household appliances and automobile parts. Pulp & paper application segment also holds
promising futuristic demand owing to broad applications in paper, offset paper and color paper
sectors.
Asia Pacific is the largest market with its growing manufacturing and infrastructural expansion.
Almost all the large chemical and mineral manufacturing companies has presence in the
region due to leverage upon cheap production facilities. High demand of mineral is driven by
the consumption in fast growing end use industries including plastics, ceramics and costings.
China, India, South Korea, Japan and Bhutan are the major markets in the region. Among
these, China is the leader in the production of white talc and is the tough competitive product
supplier to other countries.
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Europe are other potential regions to showcase high product demand during the forecasted
period due to escalating growth in automotive and household industry in the region. France,
UK and Italy are key consumer of talc in Europe.
Some of the key industry players include Mondo Minerals, IMI FABI, Imerys, Minerals
Technologies, Liaoning AIHAI, Jai Vardhman Khaniz and Haicheng Xinda Mining.
Other prominent players are American Talc Company, Nippon, Guilin Guiguang , HuaMei
Development, Golcha Minerals, Hayashi-Kasei, Nippon, Magnesita, BeiHai Group, Liaoning
AIHAI, Xilolite, Hayashi-Kasei, Pingdu Mine Industrial, Liaoning Qian He, Guangxi
Longguang, Longsheng Huamei, Haicheng Tianhe Chemistry Industry, and Specialty
Minerals.
In 2016, Brazil based Magnesita Refratarios sold its talc business to Italian talc manufacturer,
IMI Fabi. This strategy was associated with the company’s continuing expansion planning. the
operations concerned with this deal is one of the world’s largest white talc reserve, including
various manufacturing plants, vital research centers and highly innovative product portfolio.
About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy and
biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free 1-888-689-0688
Email: sales@gminsights.com
Website: https://www.gminsights.com

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