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Global Halloysite Market – Industry Trends and Forecast to 2029

Chemical and Materials

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Global Halloysite Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Halloysite Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 37.11 USD Million
Diagram Market Size (Forecast Year) USD 60.36 USD Million
Diagram CAGR %

Major Markets Players

  • American Elements
  • Applied Minerals
  • BASF
  • Daleco Resources
  • Imerys

Global Halloysite Market, By Product Type (Pure Halloysite, Hybrids Halloysite), Application (Medical, Ceramics, Cosmetics, Paints, Cement, Polymers, Others)– Industry Trends and Forecast to 2029

Halloysite Market

Market Analysis and Size

Halloysite has traditionally been used in the manufacture of bone china, porcelain, and fine china. In these applications the mixture of the tubular shape in clay with low titanium and iron content produces ceramic ware with translucency and exceptional whiteness. Its fine particle size allow halloysite to also be used as a suspension agent in glaze preparations and also used in inkjets a filters. Growing demand for halloysite in different applications in the cosmetics, medical, and paints manufacturing is anticipated to drive the market during forecast period.

Data Bridge Market Research analyses that the halloysite market was valued at USD 37.11 million in 2021 and is expected to reach USD 60.36 million by 2029, registering a CAGR of 6.27 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.     

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Pure Halloysite, Hybrids Halloysite), Application (Medical, Ceramics, Cosmetics, Paints, Cement, Polymers, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

American Elements (US), Applied Minerals, Inc. (US), BASF SE (Germany), Daleco Resources (US), Imerys (France), I-Minerals, Inc. (Canada), Jinyu Tire (China), Living Nature (US), NaturalNano (US), Northstar Gold Corp (Canada), Qingdaomenghua (China), Quarzwerke GmbH (Germany), Reade International Corp. (US), MERCK KGaA,(Germany), Otto Chemie Pvt. Ltd. (India), Nanoshel LLC, (US), Phantom Plastics (US), Northstar Clay Mines LLC, (US), inter- mark group (US), Yanfeng Automotive Interior systems Co, Ltd. (China)

Market Opportunities

  • Increase in the number of emerging markets
  • Increasing number of product innovations
  • Rise in strategic collaborations
  • Rising investment in the market.

Market Definition

Halloysite is an aluminosilicate clay mineral with empirical formula Al2Si2O5(OH)4. Its main elements are aluminium (20.90%), oxygen (55.78%), silicon (21.76%), and hydrogen (1.56%). Halloysites naturally occurs as nanotubes and it is normally formed due to hydrothermal alteration of alumino-silicate minerals. It is a cost effective, biocompatible, and readily available nanomaterial as compared to carbon nanotubes. Halloysite is normally used in the fabrication of electronic devices and also used in the other high-tech ceramic composite, due to their non-clump properties.

Halloysite Market Dynamics

Drivers

  • Rise the demand in cosmetic industry

In the cosmetic industry, Halloysite has high in demand for the production of cosmetics like creams, lotions, and gels. The product offers immobilization of liquid ingredients and solid ingredients. Due to the high demand of halloysite in cosmetic are expected to drive the growth of the market

  • Rapid growth of end-use industries.

Halloysite is most broadly used as a carrier in pharmaceuticals and cosmetics, as a suspension agent in paints, inks, and filters and a filler in plastics, particularly PVC; and. It is also used in paint, ceramic, and cement products used in the construction and building industry. Polymer manufacturers also use halloysite as an additive to improve physical properties like melting point and strength.

  • Rising demand in ceramic industry

Rising demand for halloysite in ceramic manufacturing, due to be a perfect material with low titanium and iron content with high purity. This is also anticipated to fuel growth of the halloysite market. 

Opportunities

Rising investments in the production of innovative halloysite products for use in cosmetic, medical, and filtration applications are anticipated to fuel augment production levels and growth prospects. Furthermore, increasing economic investments in R&D activities in medical industry for the incorporation of nanomaterials are poised to fuel market growth.

Furthermore, increase in emerging new market and strategic collaborations will act as market drivers and further increase useful opportunities for the market's growth rate.

Restraints/ Challenges

The market is focussing on the regulations which is relating to the processing and mining of the product. Growing concerns about the impact of unsustainable mining practices for the extraction of halloysite and other clays are anticipated to result in a restricted production, which is additional expected to restrict the growth of the market during the forecast period.

This halloysite market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the halloysite market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Halloysite Market

The emergence of the COVID-19 pandemic has significantly affected the manufacturing industry in terms of operational efficiency due to various reasons such as manufacturing units shutdown, travel bans, supply chain disintegration, rising raw material prices, labor shortage, extended lockdowns across different regions, restrictions imposed on international trades, financial instability, and raw materials shortage. Halloysite is most extensively used in paints and coatings, construction, cosmetics, automotive, ceramics, and other industries, which were intensely impacted by the pandemic.. Furthermore, increase in ease in restriction and vaccination are anticipated to drive the halloysite market growth during the forecast period.

Global Halloysite Market Scope

The halloysite market is segmented on the basis of products and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Pure Halloysite
  • Hybrids Halloysite

Application

  • Medical
  • Ceramics
  • Cosmetics
  • Paints
  • Cement
  • Polymers
  • Others

Halloysite Market Regional Analysis/Insights

The halloysite market is analysed and market size insights and trends are provided by country, products and application as referenced above.

The countries covered in the halloysite market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

During the forecast period, Asia-Pacific dominates the halloysite market in terms of revenue and market share. This is due to the growing demand for halloysite in this region. The Asia-Pacific region leads the halloysite market, with China leading due to the vigorous growth of the building and construction sector coupled with high demand for halloysite. Due to the ease of high consumption of halloysite, China leads the Asia-Pacific market.

During the projected period, North America is anticipated to be the fastest developing region due to the increasing growth in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Halloysite Market Share Analysis

The halloysite market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to halloysite market.

Some of the major players operating in the halloysite market are:

  • American Elements (U.S)
  • Applied Minerals, Inc. (U.S)
  • BASF SE (Germany)
  • Daleco Resources (U.S)
  • Imerys (France)
  • I-Minerals, Inc. (Canada)
  • Jinyu Tire (China)
  • Living Nature (U.S)
  • NaturalNano (U.S)
  • Northstar Gold Corp (Canada)
  • Qingdaomenghua (China)
  • Quarzwerke GmbH (Germany)
  • Reade International Corp. (U.S)
  • MERCK KGaA, (Germany)
  • Otto Chemie Pvt. Ltd. (India)
  • Nanoshel LLC, (U.S)
  • Phantom Plastics (U.S)
  • Northstar Clay Mines LLC, (U.S)
  • Yanfeng Automotive Interior systems Co, Ltd. (China)
  • inter- mark group (U.S)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The halloysite market is to grow at a CAGR of 6.27 % during the forecast period of 2022 to 2029
The Halloysite Market value is expected USD 60.36 million by 2029.
On the basis of application, the Halloysite Market is segmented into Medical, Ceramics, Cosmetics, Paints, Cement, Polymers, Others.
The major players operating in the Halloysite Market are American Elements (US), Applied Minerals, Inc. (US), BASF SE (Germany), Daleco Resources (US), Imerys (France), I-Minerals, Inc. (Canada), Jinyu Tire (China), Living Nature (US), NaturalNano (US), Northstar Gold Corp (Canada), Qingdaomenghua (China), Quarzwerke GmbH (Germany), Reade International Corp. (US), MERCK KGaA,(Germany), Otto Chemie Pvt. Ltd. (India), Nanoshel LLC, (US), Phantom Plastics (US), Northstar Clay Mines LLC, (US), inter- mark group (US), Yanfeng Automotive Interior systems Co, Ltd. (China).
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