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Talc Market

The Talc Market was valued at $ 4.72 billion in 2021 and is expected to reach $ 6.27 billion in 2027, at a CAGR of 7.2% over the forecast period 2021-2027.<br><br>

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Talc Market

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  1. Talc Market 2027, at a CAGR of 7.2% over the forecast period 2021-2027. Talc Market was valued at $ 4.72 billion in 2021 and is expected to reach $ 6.27 billion in Talc is a mineral of clay composed of hydrated magnesium silicate. It occurs as foliate to fibrous masses and in a rare crystalline form. Talc, together with cornstarch, is a widely used substance, better known as baby powder. Talc can be used as a lubricant and thickening agent, which has applications in ceramics, painting, and roofing, besides being a crucial ingredient in various cosmetic products. The increased demand for talc from the automotive industry is the main driver of the sector. Lightweight plastic parts used in the automotive industry are made from talcum-reinforced polypropylene, which improves their performance and durability. Talc also increases resistance to abrasion and corrosion. In addition, the growing automotive refinishing market and booming market for OEM components for the automotive industry are expected to drive the growth of the talc market during the forecast period. Browse for full report @ https://www.marketdataforecast.com/market-reports/talc-market Talc Market Segmentation as per the research report until 2027. Talc Market Talc Market - - By Deposit Type By Deposit Type Talc Carbonate  Talc Chlorite  Other Talc Deposits  Depending on the type of deposit, the talc carbonate segment is anticipated to be the biggest in the talc market during the forecast period. Talc carbonate minerals are processed to extract associated minerals to produce pure talcum concentrate. Talc carbonate minerals are commonly found in ultramafic metamorphic rocks. Ask for a sample report @ https://www.marketdataforecast.com/market-reports/talc- market/request-sample Talc Market Talc Market - - By End By End- -Use Use Plastics  Cosmetics & Personal Care  Paints & Coatings  Pharmaceuticals  Others 

  2. Based on the end-use industry, the plastics segment is expected to be the largest industry in the talc market. Talc is used as an anti-stick agent in polyethylene and helps restore the mechanical properties of recycled plastics. In the automotive industry, the application of talc in polymer compounds makes it possible to stabilize the fenders and to develop panels that are very resistant to scratches. Talc Market Talc Market - - By Region By Region North America  Europe  Asia Pacific  Latin America  Middle East & Africa  The Asia-Pacific region has dominated the global market share with increasing demand from countries like China, India, and Japan. China has a huge market for plastics which require a large amount of talc to function. In China, talc is found in 16 provinces, with Liaoning, Shandong, Guangxi, Jiangxi, and Qinghai being the major regions accounting for over 92% of total reserves. China has stopped making its own pulp, leading to higher pulp prices, which is expected to hamper the growth of talc consumption in the country's pulp and paper industry. India is one of the few countries with reserves of white talc. Talc deposits are found all over the country. Most of the commercial talc production comes from Rajasthan. The two main talc producers in the country (Golcha Group and Golcha Associated) are headquartered in Jaipur, Rajasthan, for the catering industry and high-quality talc polymer cosmetics. Apart from these producers, the country has several small producers who produce standard or low-quality qualities. The Japanese plastics sector is stable and balanced in terms of the production/demand ratio. The country's plastics exports consistently exceed the amount imported. It should be noted that trade is mainly done with Asian countries. Europe is another potential region to show strong product demand during the outlook period due to the increasing growth of the automotive and domestic industries in the region. France, the United Kingdom, and Italy are the main consumers of talc in Europe. Talc Market Key Players: 1.Mondo Minerals 2.IMI FABI 3.Imerys

  3. 4.Minerals Technologies 5.Liaoning AIHAI 6.Jai Vardhman Khaniz 7.Haicheng Xinda Mining About Us: Market Data Forecast is a firm working in market research, business intelligence, and consulting. We have rich research and consulting experience for various business domains to cater to individual and corporate clients’ needs. Contact Us: Market Data Forecast Phone: +1-888-702-9626 Email:contact@marketdataforecast.com

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