Report : Europe Kaolin Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Process (Water Washed, Airfloat, Calcined, Delaminated, and Others) and End-Use Industry (Paper, Ceramic and Sanitaryware, Paints and Coatings, Plastic, Rubber, and Others)
The water-washed segment by process is estimated to lead the market growth during the forecast period.
According to a new market research study of “Europe Kaolin Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Process, End-Use Industry and Country.” The Europe kaolin market is expected to reach US$ 1,560.5 million by 2028 from US$ 1,233.5 million in 2021 and is estimated to grow at a CAGR of 3.4% from 2021 to2028. The report highlights trends prevailing in the Europe kaolin market and the factors driving market along with those that act as hindrances.
The increasing application of kaolin in the paper industry is bolstering the Europe kaolin market growth. The rising utility of kaolin in the paper industry can be attributed to its use in improving properties of paper such as ink absorption and ink pigment holdout, low linting tendency, and roughness, which, in turn, enhance the printability of paper. In addition, kaolin is used as a coating of papers, which brings a smooth texture, brightness, and a better paper opacity. Furthermore, the paper industry has witnessed a surge in paper demand for the past few years due to the rising paper packaging activities in the e-commerce industry globally. As per the United Nations Conference on Trade and Development (UNCTAD) report, in 2018, the e-commerce industry recorded US$ 25.6 trillion in sales worldwide, a growth of 8% compared to the previous year. The report also revealed that around 1.4 billion people shopped through an online portal. The rising e-commerce business increases packaging activity and creates a favorable business environment for the kaolin market. In addition, print media is another major end user of papers. Thus, the application of papers in various industries increases the scope of kaolin, which drives the market growth. Also, the automotive industry is one of the major beneficiaries of kaolin products as the industry extensively uses rubber-made components and parts. Furthermore, kaolin finds application in manufacturing waterborne paints and coatings, extensively used in the automotive industry to paint and coat automobile bodies and surfaces. The growing automobile industry globally fosters the demand for various kaolin-made auto components and parts, fueling the market growth.
In Europe, France, the UK, and Russia are the worst-impacted countries by the COVID-19 pandemic. The pandemic has created a temporary distortion in operation efficiencies of industrial bases in the European market. The kaolin market has been negatively impacted due to disruptions in the supply chain. The construction industry across the region has faced challenges due to the unavailability of construction materials, and disruption of the supply networks for construction materials. Automotive production was temporarily halted due to the pandemic, which affected the demand for kaolin. However, various industries are coming back on track due to the easing of COVID-19 restrictions. Thus, the demand for kaolin in the region depends on the evolution of the pandemic, vaccination plans, and economic recovery.
Based on process, the Europe kaolin market is segmented into water washed, airfloat, calcined, delaminated, and others. Based on end-use industry, the Europe kaolin market is segmented into paper, ceramic and sanitaryware, paints and coatings, plastic, rubber, and others. Geographically, the Europe kaolin market is sub-segmented into Germany, Spain, Italy, Russia, France and Rest of Europe.
American Elements, BASF SE, Burgess Pigment Company, Imerys S.A., Sibelco, Thiele Kaolin Company, LB MINERALS, Ltd. and VENETA MINERARIA S.p.a are among the leading companies operating in the Europe kaolin market.
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