The Indian government's ‘Housing for All by 2022’ initiative is also a major game-changer for the industry. Market Insights. The surging demand for thermoplastics in the aerospace industry is likely to act as an opportunity in the future.- Asia-Pacific dominated the talc market across the world, owing to the rising plastics market in China and presence of white talc reserves in countries, like India.Key Market TrendsIncreasing Demand from Paints & Coatings Industry- The utilization of talc offers various advantages in the paints and coatings industry. The deposits of talc are found throughout the country. Talc carbonate is the more abundant deposit in earth. Furthermore, talc generates a barrier effect to limit the penetration of water and corrosive agents into paints and coatings, and further helps to reduce bubble formation, corrosion, and peeling. The utilization of talc offers various advantages in the paints and coatings industry. One of the major factors driving the market is the increasing usage of plastic in the automotive industry, as talc is used in plastics, especially thermoplastics, as a functional material, due to its ability to modify significant properties in modified polymeric matrix, when it is dispersed properly.- Increasing demand for industrial and marine coatings is also likely to bo The top players of the market include Imerys, Mineral Technologies Inc., IMI Fabi SpA, Nippon Talc Co., Ltd., and Golcha Group, among others. Most of the white talc produced is consumed in the country itself.- Most of the commercial talc production of talc comes from Rajasthan. All the aforementioned factors, in turn, are expected to drive the demand for talc market during the forecast period. The plastics sector of Japan is stable and balanced in terms of proportion of production to demand. All rights reserved. . It is mainly used in industrial paint and coatings, wood lacquers, printing inks, fillers, as well as in various other coatings. In China, talc is found in 15 provinces, with Liaoning, Shandong, Guangxi, Jiangxi, and Qinghai as the prominent areas that account for more than 90% of the total reserves.- China stopped manufacturing its own pulp which resulted in the raise of pulp prices which is expected to hinder the growth of talc consumption in pulp & paper industry of the country.- India is one of the few countries with white talc reserves. One of the major factors driving the market is the increasing usage of plastic in the automotive industry, as talc is used in plastics, especially thermoplastics, as a functional material, due to its ability to modify significant properties in modified polymeric matrix, when it is dispersed properly. By deposit, the market has been segmented into talc chlorite and talc carbonate. Asia-Pacific's commercial and residential construction is growing significantly, with the increasing investments by the Governments of India, China, and Indonesia. All Rights Reserved to Mordor Intelligence. Talc is primarily used as an extender and effective filler in paints and helps to improve the suspension of solids in the can. To understand geography trends, Download Sample Report. The demand for paints and coatings increased in the Asia-Pacific countries, such as China and India, in recent years, which is expected to boost the demand for talc. Market OverviewThe market for talc is expected to register a CAGR of around 5%, during the forecast period. © 2020. 4.1.1 Increasing Plastic Usages in the Automotive Industry, 4.1.2 Increasing Demand for Industrial and Marine Coatings, 4.2.1 Health Issues in Cosmetics Products, 4.4.4 Threat of Substitute Products and Services, 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements, 6.3 Strategies Adopted by Leading Players, 6.4.4 Guangxi Guilin Longsheng HuaMei Talc Development Co. Ltd, 7. Furthermore, the growth of commercial real estate in India is largely driven by service sectors, especially IT-ITeS. MARKET OPPORTUNITIES AND FUTURE TRENDS, 7.1 Increasing Applications in Various Industries. The exports of plastics from the country is always higher than the imported amount. The top players of the market include Imerys, Mineral Technologies Inc., IMI Fabi SpA, Nippon Talc Co., Ltd., and Golcha Group, among others.Reasons to Purchase this report:- The market estimate (ME) sheet in Excel format- Report customization as per the client's requirements- 3 months of analyst supportCompanies Mentioned: - IMI Fabi SpA - ANAND TALC - Golcha Group - Guangxi Guilin Longsheng HuaMei Talc Development Co. Ltd - Imerys - LITHOS Industrial Minerals GmbH - Minerals Technologies Inc. - ELEMENTIS PLC - Nippon Talc Co., Ltd. - Superior Materials Inc. 1 INTRODUCTION1.1 Study Deliverables1.2 Study Assumptions1.3 Scope of the Study2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Drivers4.1.1 Increasing Plastic Usages in the Automotive Industry4.1.2 Increasing Demand for Industrial and Marine Coatings4.2 Restraints4.2.1 Health Issues in Cosmetics Products4.3 Industry Value Chain Analysis4.4 Porter's Five Forces Analysis4.4.1 Bargaining Power of Suppliers4.4.2 Bargaining Power of Consumers4.4.3 Threat of New Entrants4.4.4 Threat of Substitute Products and Services4.4.5 Degree of Competition5 MARKET SEGMENTATION5.1 Deposit5.1.1 Talc Chlorite5.1.2 Talc Carbonate5.2 End-user Industry5.2.1 Pulp and Paper5.2.2 Paints and Coatings5.2.3 Plastics and Rubber5.2.4 Food and Beverage5.2.5 Personal Care5.2.6 Pharmaceutical5.2.7 Other End-user Industries5.3 Geography5.3.1 Asia-Pacific188.8.131.52 China184.108.40.206 India220.127.116.11 Japan18.104.22.168 South Korea22.214.171.124 Rest of Asia-Pacific5.3.2 North America126.96.36.199 United States188.8.131.52 Canada184.108.40.206 Mexico220.127.116.11 Rest of the North America5.3.3 Europe18.104.22.168 Germany22.214.171.124 United Kingdom126.96.36.199 France188.8.131.52 Italy184.108.40.206 Spain220.127.116.11 Rest of the Europe5.3.4 South America18.104.22.168 Brazil22.214.171.124 Argentina126.96.36.199 Rest of South America5.3.5 Middle East & Africa188.8.131.52 Saudi Arabia184.108.40.206 South Africa220.127.116.11 Rest of Middle East & Africa6 COMPETITIVE LANDSCAPE6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements6.2 Market Share Analysis**6.3 Strategies Adopted by Leading Players6.4 Company Profiles6.4.1 IMI Fabi SpA6.4.2 ANAND TALC6.4.3 Golcha Group6.4.4 Guangxi Guilin Longsheng HuaMei Talc Development Co. Ltd6.4.5 Imerys6.4.6 LITHOS Industrial Minerals GmbH6.4.7 Minerals Technologies Inc.6.4.8 ELEMENTIS PLC6.4.9 Nippon Talc Co., Ltd.6.4.10 Superior Materials Inc.7 MARKET OPPORTUNITIES AND FUTURE TRENDS7.1 Increasing Applications in Various Industries, Talc Market Status and Trend Analysis 2017-2026 (COVID-19 Version), Covid-19 Impact on Global Talc Market Research Report 2020, (COVID-19 Version) Global Talc Market Status (2015-2019) and Forecast (2020-2025) by Region, Product Type and End-Use, COVID-19 Outbreak-Global Talc Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020, 2015-2025 Global Talc Market Research by Type, End-Use and Region (COVID-19 Version), Global Talc Market Insight and Forecast to 2026, COVID-19 World Talc Market Research Report (by Product Type, End-User/ Application and Regions/ Countries), Covid-19 Impact on Global Talc Industry Research Report 2020 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2026, Global Talc Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread), Talc Market Research: Global Status and Forecast by Geography, Type and Application (2016-2026), For all enquiries, send us an email on :firstname.lastname@example.org, For sales send us an email on :email@example.com, Copyright © 2020 Orbis Research. It is mainly used in industrial paint and coatings, wood lacquers, printing inks, fillers, as well as in various other coatings.- Talc is primarily used as an extender and effective filler in paints and helps to improve the suspension of solids in the can. The two leading talc producers in the country (Golcha Group and Golcha Assoaciated) are based in Jaipur, Rajasthan catering cosmetics and polymer industry with talc of superior grades. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Talc Market - Growth, Trends, and Forecast (2020 - 2025), Paints and Coatings Market - Growth, Trends, and Forecast (2020 - 2025), Paints and Coatings Additives Market – Growth, Trends, and Forecast (2020 - 2025).