IMARC Group, a leading market research company, has recently releases report titled “Talc Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global talc market report, growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What is Talc?

Talc, a hydrated magnesium silicate mineral, is widely utilized as a powdered raw material in various industrial applications. Its versatility extends to the creation of both decorative and functional items such as sculptures, bowls, countertops, sinks, hearths, and pipe bowls. Moreover, it enhances the rigidity and heat resistance of polymers like polypropylene, vinyl, polyethylene, nylon, and polyester. By improving the suspension of solids in liquid paint, it prevents sagging and enables better adhesion to walls. As a result, it finds extensive use in industries such as pulp and paper, paints and coatings, plastics and rubber, food and beverage (F&B), personal care, and pharmaceuticals.

How Big Is the Talc Market?

The global talc market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.

What Are the Growth Prospects and Trends In The Talc Industry?

Talc, a hydrated magnesium silicate mineral, is widely utilized as a powdered raw material in various industrial applications. Its versatility extends to the creation of both decorative and functional items such as sculptures, bowls, countertops, sinks, hearths, and pipe bowls. Moreover, it enhances the rigidity and heat resistance of polymers like polypropylene, vinyl, polyethylene, nylon, and polyester. By improving the suspension of solids in liquid paint, it prevents sagging and enables better adhesion to walls. As a result, it finds extensive use in industries such as pulp and paper, paints and coatings, plastics and rubber, food and beverage (F&B), personal care, and pharmaceuticals.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Deposit Type:

  • Talc Carbonate
  • Talc Chlorite
  • Others

Breakup by Form:

  • Powdered Talc
  • Talc Lumps or Granules

Breakup by End Use Industry:

  • Pulp and Paper
  • Plastic Industry
  • Ceramics
  • Paints and Coatings
  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Food
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • AKJ Minchem Private Limited
  • Anand Talc
  • Elementis plc
  • Golcha Group
  • Guangxi Longsheng Huamei Talc Development Co. Ltd.
  • Imerys S.A.
  • IMI FABI S.p.A.
  • Minerals Technologies Inc.
  • Mughne Group of Companies
  • Nippon Talc Co. Ltd.
  • Sibelco
  • Sun Minerals and Xilolite S.A.