Global talc market projected to reach USD 3.82 billion by 2033, driven by various industries.

From GlobeNewswire: 2024-07-29 14:00:00

The Global Talc Market is projected to grow from USD 2.73 Billion in 2023 to USD 3.82 Billion by 2033, with a CAGR of 3.42%. Talc is widely used in industries like pulp and paper, paints and coatings, cosmetics, and more due to its unique properties. The Asia-Pacific region had the highest revenue share during the projection period, driven by the automotive industry’s increasing demand for talc-reinforced materials. North America saw the fastest growth, fueled by the need for industrial and marine coatings. Major vendors in the market include Elementis Plc, IMI Fabi, and Minerals Technologies Inc. In January 2021, Specialty Minerals Inc. raised mineral product pricing, leading to increased talc production in key locations like Barretts, Montana. Market players, investors, and government authorities are key target audiences for this study. The global talc market is segmented by form, deposit type, and end-users. Other related reports cover topics like iron phosphate and polymer blends alloys markets.



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