Asia Pacific Halloysite Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Medical, Cosmetics, Ceramics, Polymer, Paints and Coatings, and Others)
Market Introduction
The halloysite market in APAC is categorized into China, India, Japan, Australia, South Korea, and the Rest of APAC. The automotive, ceramic, and construction industries are flourishing in APAC due to the rise in population and increasing urbanization. The existence of established sectors such as metallurgical, chemical, and other manufacturing sectors in nations such as China, India, Japan, and South Korea has increased the demand for ceramics in the region. Ceramic is widely used in various industries due to its desirable properties such as corrosion resistance, resistance to chemical attacks, thermal and electric insulation, high-temperature resistance, and compressive strength. Furthermore, the majority of the countries in APAC are emerging nations, such as India, which have a growing potential in the construction business. Construction is an essential industry that contributes significantly to a country’s economic progress. Probing ahead, the region boosts the growth in the demand for automobiles, with China being the most dominant in APAC, followed by India and Japan. Halloysite nanotubes are widely used in building and construction and are also used as filler in polymer production to produce nano epoxy coatings in the paints and coatings industry. Development of consumer electronics market is the major factor driving the growth of the APAC halloysite market.
APAC is one of the worst affected economies due to the COVID-19 pandemic. The unprecedented rise in the number of COVID-19 cases across the US and Canada and the subsequent lockdown of numerous manufacturing facilities in the countries have negatively influenced the growth of various markets. The significant disruption in manufacturing has had a negative impact on the demand for halloysite in the region. The COVID-19 pandemic has adversely impacted the construction industry. The industry has faced supply chain issues regarding the supply of construction materials. In New York, Governor Cuomo announced the shutdown of all nonessential construction activities, except for emergency construction. Emergency construction comprises projects that protect the health and safety of occupants or projects that can be unsafe if they remained unfinished. The market in APAC is reviving because of the government's significant measures, such as vaccination drives, ease in restrictions, and growing investment prospects in industries. The construction industry is also overcoming the challenges related to the supply chain of their raw materials. Many players seek investment opportunities as businesses gain confidence in stabilizing economies and anticipate increased demand. This is expected to provide the impetus for the halloysite market growth.
Market Overview and Dynamics
The halloysite market in APAC is expected to grow from US$ 19.32 million in 2021 to US$ 30.04 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028. Halloysite is an aluminosilicate clay mineral used as an inert replacement for carbon nanotubes in high-tech applications such as water purification, hydrogen storage, carbon capture, soil remediation, and renewable energy. The halloysite is most widely used in end-use industries such as cosmetic, medical, polymer, and ceramic. The growing development of modern infrastructure, rising government investments, and increasing number of residential and commercial construction activities are among the key factors supporting the growth of the construction industry worldwide, which is further augmenting the usage of halloysite. New Infrastructure initiatives will focus on 5G networks, industrial internet, inter-city transit, intercity rail systems, data centers, artificial intelligence, ultra-high voltage, and electric vehicle charging stations. Such initiatives by the governments of emerging economies are expected to contribute toward the growth of the construction sector, which will eventually favor the growth of the APAC halloysite market over the coming years.
Key Market Segments
The APAC halloysite market is segmented into application and country. By application, the APAC halloysite market is categorized into medical, ceramics, cosmetics, polymer, paints and coatings and others. The medical segment dominated the market in 2020 and cosmetics segment is expected to be the fastest growing during the forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on halloysite market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are American Elements; Applied Minerals INC.; Esan; Imerys S.A.; I-Minerals Inc.; MERCK KGaA; Nanoshel LLC; Northstar Clay Mines LLC; Otto Chemie Pvt. Ltd.; and Phantom Plastics are among others.
Reasons to buy report
- To understand the APAC halloysite market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC halloysite market
- Efficiently plan M&A and partnership deals in APAC halloysite market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC halloysite market
- Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.
APAC Halloysite Market Segmentation
APAC Halloysite Market –By Application
- Medical
- Cosmetics
- Ceramics
- Polymer
- Paints and Coatings
- Others
APAC Halloysite Market -By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Halloysite Market -Company Profiles
- American Elements
- Applied Minerals INC.
- Esan
- Imerys S.A.
- I-Minerals Inc.
- MERCK KGaA
- Nanoshel LLC
- Northstar Clay Mines LLC
- Otto Chemie Pvt. Ltd.
- Phantom Plastics
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Halloysite Market, by Application
1.3.2 APAC Halloysite Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
4. APAC Halloysite Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Halloysite Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rapid Growth of End-Use Industries
5.1.2 Significant Growth in Cosmetic and Medical Industry
5.2 Market Restraints
5.2.1 Stringent Regulatory Norms for Mining and Extraction of Halloysite
5.3 Market Opportunities
5.3.1 Wide Scope Application and Discovery of Halloysite Deposits
5.4 Future Trends
5.4.1 Growing Adoption of Halloysite as Nanomaterials
5.5 Impact Analysis of Drivers and Restraints
6. Halloysite – APAC Market Analysis
6.1 Halloysite Market Overview
6.2 APAC Halloysite Market –Revenue and Forecast to 2028 (US$ Mn)
7. APAC Halloysite Market Analysis – By Application
7.1 Overview
7.2 APAC Halloysite Market, By Application (2020 and 2028)
7.3 Medical
7.3.1 Overview
7.3.2 Medical: Halloysite Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Cosmetics
7.4.1 Overview
7.4.2 Cosmetics: Halloysite Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Ceramics
7.5.1 Overview
7.5.2 Ceramics: Halloysite Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Polymer
7.6.1 Overview
7.6.2 Polymer: Halloysite Market – Revenue and Forecast to 2028 (US$ Mn)
7.7 Paints and Coatings
7.7.1 Overview
7.7.2 Paints and Coatings: Halloysite Market – Revenue and Forecast to 2028 (US$ Mn)
7.8 Others
7.8.1 Overview
7.8.2 Others: Halloysite Market – Revenue and Forecast to 2028 (US$ Mn)
8. APAC Halloysite Market – Country Analysis
8.1 Overview
8.1.1 Asia Pacific: Halloysite Market, by Key Country
8.1.1.1 Australia: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.1.1 Australia: Halloysite Market, by Application
8.1.1.2 China: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 China: Halloysite Market, by Application
8.1.1.3 India: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.3.1 India: Halloysite Market, by Application
8.1.1.4 Japan: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.4.1 Japan: Halloysite Market, by Application
8.1.1.5 South Korea: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.5.1 South Korea: Halloysite Market, by Application
8.1.1.6 Rest of Asia Pacific: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.6.1 Rest of Asia Pacific: Halloysite Market, by Application
9. Impact of COVID-19 Pandemic on APAC Halloysite Market
9.1 Overview
10. Company Profiles
10.1 American Elements
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Applied Minerals Inc.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Imerys
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 I-Minerals Inc.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 MERCK KGaA
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Otto Chemie Pvt. Ltd.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Nanoshel LLC
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Phantom Plastics
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Northstar Clay Mines LLC
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 Esan
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES
Table 1. APAC Halloysite Market –Revenue and Forecast to 2028 (US$ Mn)
Table 2. Australia Halloysite Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 3. China Halloysite Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. India Halloysite Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan Halloysite Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. South Korea Halloysite Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of Asia Pacific Halloysite Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms, APAC Halloysite Market
LIST OF FIGURES
Figure 1. APAC Halloysite Market Segmentation
Figure 2. APAC Halloysite Market Segmentation – By Country
Figure 3. APAC Halloysite Market Overview
Figure 4. Medical Segment Held the Largest Share of the APAC Halloysite Market
Figure 5. China Held the Largest Share of the APAC Halloysite Market
Figure 6. Porter's Five Forces Analysis
Figure 7. APAC Halloysite Market - Ecosystem
Figure 8. Expert Opinion
Figure 9. APAC Halloysite Market Impact Analysis of Driver and Restraints
Figure 10. APAC Halloysite Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 11. APAC Halloysite Market Revenue Share, By Application (2020 and 2028)
Figure 12. APAC Medical: Halloysite Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. APAC Cosmetics: Halloysite Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. APAC Ceramics: Halloysite Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. APAC Polymer: Halloysite Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. APAC Paints and Coatings: Halloysite Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. APAC Others: Halloysite Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Asia Pacific: Halloysite Market, by Key Country-Revenue 2020 (US$ Million)
Figure 19. Asia Pacific: Halloysite Market Revenue Share, by Key Country (2020 and 2028)
Figure 20. Australia: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
Figure 21. China: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
Figure 22. India: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
Figure 23. Japan: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
Figure 24. South Korea: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of Asia Pacific: Halloysite Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in Asia Pacific
- American Elements
- Applied Minerals INC.
- Esan
- Imerys S.A.
- I-Minerals Inc.
- MERCK KGaA
- Nanoshel LLC
- Northstar Clay Mines LLC
- Otto Chemie Pvt. Ltd.
- Phantom Plastics
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