by Precedence Research recently published a report titled “Wollastonite Powder Market – Global Industry Analysis, Size, Share, Trends, Growth, Regional Outlook, and Forecast 2021-2030”
The global wollastonite powder market size is projected to hit USD 459.3 million by 2030 and is anticipated to grow with a healthy CAGR of 8.1% over the forecast period 2021-2030.
The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030.
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Crucial factors accountable for market growth are:
– Increased applicability in plastics, and rubber applications.
– Wollastonite is acquiring popularity as a cost-efficient reinforcement material in ceramics and whitewares
– Companies in the wollastonite powder market are increasing their production capacities
– Increasing construction activities worldwide
Market Scope:
| Report Highlights | Details |
| Market Size | US$ 459.3 Million by 2030 |
| Growth Rate | CAGR of 8.1% From 2021 to 2030 |
| Base Year | 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Application |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
Key Findings of Wollastonite Powder Market
- Numerous Industries Utilize Functional Characteristics: Wollastonite powder market has emerged as an attractive functional filler and lightweight reinforcing fillers for various architectural applications. For instance, high demand for high-quality calcium silicates are present in ceramics. Rise in demand for wollastonite powders in metallurgy, steel making, and in making floor tiles has spurred the growth prospects in the market.
- Manufacturers Aim at Product Efficacy for Meeting Major Application Needs: There is a growing focus on developing products that can meet the specific functional needs in major end-use industries. Plastics and coatings industries have attracted the attention of players in recent years. In addition, manufacturers are notably focusing on meeting the needs of functional additives for waterborne and solvent-borne systems, as well as in size and shape of the powder. For instance, brands are keen on increasing the in-can stability of wollastonite powder.
- New Formulations Aim at Fighting Off Competition: The players in wollastonite powder market has been witnessing stiff competition from substitutes such as steel fibers, ceramic fibers, and glass fibers. Thus, manufacturers are keen on improving the cost-efficiency of their products as well the functional features where these products will be utilized. Moreover, they are engaging with distributors in order to tap into the vast revenue streams in countries with rapidly rising construction industry. Asia Pacific has thus become a hotbed of opportunities. Growing focus of governments in the Middle East countries to provision affordable housing has also spurred the use of wollastonite powders in range of construction materials in recent years.
North America is Likely to be the Largest Market for Wollastonite Powder
In terms of region, the global wollastonite powder market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds a considerable share of the global wollastonite powder market, due to the presence of well-established players in these regions. The market in the Asia Pacific is estimated to expand at a rapid pace during the forecast period, due to a significant increase in construction and building activities in developing economies such as China and India. The market in Middle East & Africa and Latin America is expected to expand at a sluggish pace during the forecast period.
Competitive Intelligence
The wollastonite powder market report provides an understanding of the market composition and explains the role of established players and regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross-border expansion, product differentiation, and so on.
Some of the key players in the global wollastonite powder market include:
- Wolkem
- R.T. Vanderbilt Holding Company, Inc.
- Changxing Earth New Type of Material Co., Ltd.
- Nordkalk Corporation
- Jilin Shanwei Wollastonite Mining CO., LTD.
- ACBM JSC
- Imerys
- Canadian Wollastonite
- Xinyu South Wollastonite Co., Ltd.
Forimproved status of wollastonite powder, and strategies accepted by Precedence Research projected the upcoming growth of the wollastonite powder market.
Key Market Developments:
In year 2020, IMERYS a leading player in the target industry has expanded the distribution partnership along with IMCD all overCanada and United States
In year 2017, Nordkalka major company in the wollastonite powder market has beenexpanded the businesses of the company to Turkey, along with the NordekaMaden which is local joint venture.
Major Market Segments Covered:
By Application
- Polymers
- Paints
- Friction Products
- Construction
- Metallurgy
- Others
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. DataSources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Wollastonite powder Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Wollastonite powder Market
5.1. Covid-19: Wollastonite powder Industry Impact
5.2. Wollastonite powderBusiness Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Wollastonite powderOpportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Wollastonite powder Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. Wollastonite powder Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increased applicability in plastics, and rubber applications.
6.1.1.2. Wollastonite is acquiring popularity as a cost-efficient reinforcement material in ceramics and whitewares
6.1.1.3. Companies in the wollastonite powder market are increasing their production capacities
6.1.2. Market Restraints
6.1.2.1. Stringent regulation regarding the greenhouse gas emissions
6.1.3. MarketOpportunities
6.1.3.1. Major companies are focusing on broadening their product portfolio
Chapter 7. Global Wollastonite powder Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Wollastonite powder Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Wollastonite powder Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Process Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users
Chapter 8. Global Wollastonite powder Market, By Application
8.1. Wollastonite powder Market, by Application, 2017-2030
8.1.1. Ceramics
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Polymers
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Paints
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Friction Products
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Construction
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Metallurgy
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Wollastonite powder Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue Forecast by Application (2017-2030)
9.1.2. U.S
9.1.2.1. Market Revenue Forecast (2017-2030)
9.1.3. Canada
9.1.3.1. Market Revenue Forecast (2017-2030)
9.2. Europe
9.2.1. Market Revenue Forecast by Application (2017-2030)
9.2.2. UK
9.2.2.1. Market Revenue Forecast (2017-2030)
9.2.3. Germany
9.2.3.1. Market Revenue Forecast (2017-2030)
9.2.4. France
9.2.4.1. Market Revenue Forecast (2017-2030)
9.2.5. Rest of EU
9.2.5.1. Market Revenue Forecast (2017-2030)
9.3. Asia Pacific (APAC)
9.3.1. Market Revenue Forecast by Application (2017-2030)
9.3.2. China
9.3.2.1. Market Revenue Forecast (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue Forecast (2017-2030)
9.3.4. Japan
9.3.4.1. Market Revenue Forecast (2017-2030)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue Forecast (2017-2030)
9.4. LATAM
9.4.1. Market Revenue Forecast by Application (2017-2030)
9.4.2. Brazil
9.4.2.1. Market Revenue Forecast (2017-2030)
9.4.3. Rest of LATAM
9.4.3.1. Market Revenue Forecast (2017-2030)
9.5. Middle East and Africa (MEA)
9.5.1. Market Revenue Forecast by Application (2017-2030)
9.5.2. GCC
9.5.2.1. Market Revenue Forecast (2017-2030)
9.5.3. North Africa
9.5.3.1. Market Revenue Forecast (2017-2030)
9.5.4. South Africa
9.5.4.1. Market Revenue Forecast (2017-2030)
9.5.5. Rest of MEA
9.5.5.1. Market Revenue Forecast (2017-2030)
Chapter 10. Company Profiles
10.1. Wolkem
10.1.1. Company Overview, Business Information, Regional Presence
10.1.2. Product Portfolio Analysis
10.1.2.1. Product Details, Specification, Product Type
10.1.3. Revenue, Price, and Gross Margin (2017-2020)
10.1.4. Recent Developments and Strategies
10.2. R.T. Vanderbilt Holding Company, Inc.
10.2.1. Company Overview, Business Information, Regional Presence
10.2.2. Product Portfolio Analysis
10.2.2.1. Product Details, Specification, Product Type
10.2.3. Revenue, Price, and Gross Margin (2017-2020)
10.2.4. Recent Developments and Strategies
10.3. Changxing Earth New Type of Material Co., Ltd.
10.3.1. Company Overview, Business Information, Regional Presence
10.3.2. Product Portfolio Analysis
10.3.2.1. Product Details, Specification, Product Type
10.3.3. Revenue, Price, and Gross Margin (2017-2020)
10.3.4. Recent Developments and Strategies
10.4. Nordkalk Corporation
10.4.1. Company Overview, Business Information, Regional Presence
10.4.2. Product Portfolio Analysis
10.4.2.1. Product Details, Specification, Product Type
10.4.3. Revenue, Price, and Gross Margin (2017-2020)
10.4.4. Recent Developments and Strategies
10.5. Jilin Shanwei Wollastonite Mining CO., LTD.
10.5.1. Company Overview, Business Information, Regional Presence
10.5.2. Product Portfolio Analysis
10.5.2.1. Product Details, Specification, Product Type
10.5.3. Revenue, Price, and Gross Margin (2017-2020)
10.5.4. Recent Developments and Strategies
10.6. ACBM JSC
10.6.1. Company Overview, Business Information, Regional Presence
10.6.2. Product Portfolio Analysis
10.6.2.1. Product Details, Specification, Product Type
10.6.3. Revenue, Price, and Gross Margin (2017-2020)
10.6.4. Recent Developments and Strategies
10.7. Imerys
10.7.1. Company Overview, Business Information, Regional Presence
10.7.2. Product Portfolio Analysis
10.7.2.1. Product Details, Specification, Product Type
10.7.3. Revenue, Price, and Gross Margin (2017-2020)
10.7.4. Recent Developments and Strategies
10.8. Canadian Wollastonite
10.8.1. Company Overview, Business Information, Regional Presence
10.8.2. Product Portfolio Analysis
10.8.2.1. Product Details, Specification, Product Type
10.8.3. Revenue, Price, and Gross Margin (2017-2020)
10.8.4. Recent Developments and Strategies
10.9. Xinyu South Wollastonite Co., Ltd.
10.9.1. Company Overview, Business Information, Regional Presence
10.9.2. Product Portfolio Analysis
10.9.2.1. Product Details, Specification, Product Type
10.9.3. Revenue, Price, and Gross Margin (2017-2020)
10.9.4. Recent Developments and Strategies
Chapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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