Talc Market Size and Growth Forecast Report 2020

1. Market Overview: Talc is a mineral made of hydrated magnesium silicate and is an industrial and commercial mineral. It has several applications as an industrial mineral owing to its resistance to heat, electricity and acids and oil and grease adsorption. Talc has high commercial employment due to its luster, softness, purity, fragrance retention, softness and whiteness. The size of the market was close to USD 2.71 billion by revenue, at the end of the year 2020 and is estimated to rise at a CAGR of 4.69% to reach around USD 3.41 billion in the foreseen period. Market drivers and restraints: The paper and pulp business remains the biggest end-market for talc and is the significant driving factor for the global talc market. The automotive industry, ceramics business and the paint and coatings business are the other vital customers of talc. The employment of talc as a filler in the paper business is declining today, but the employment of talc for the making of under the hood automotive parts is substantially escalating that has further resulted in the surge in demand for talc by the automotive business. To know more, click on the link below: https://www.marketdataforecast.com/market-reports/talc-market Report segmented as: By deposit type: Talc carbonate Talc chlorite By end user: Cosmetics and personal care Plastics Paints and coatings Pulp and paper Ceramics Pharmaceuticals Food and beverages Geographical analysis: Asia Pacific is the biggest market for talc with China, India, Japan, Bhutan, and South Korea being the major markets in this region. The Indian talc business is the world’s third biggest and continues to expand owing to rise in domestic consumption. North America and Europe are other regions with a moderate market share of talc. Important market players:

2. Some of the important companies leading the talc 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. Imerys talc is the world’s leading producer of talc followed by Mondo Minerals. View a sample and decide: https://www.marketdataforecast.com/market-reports/talc-market/request-sample The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/