The Talc Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Talc Market:
https://www.thebusinessresearchcompany.com/report/talc-global-market-report
According to The Business Research Company’s Talc Global Market Report 2024, The talc market size has grown strongly in recent years. It will grow from $9.57 billion in 2023 to $10.52 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to cosmetics and personal care industry, plastics and polymers manufacturing, paper and pulp industry, ceramics and paints, pharmaceuticals.
The talc market size is expected to see strong growth in the next few years. It will grow to $14.91 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to increasing demand in cosmetics, rising demand in plastics and polymers, growing paper and pulp industry, expanding applications in ceramics and paints, innovations in pharmaceuticals. Major trends in the forecast period include focus on talc in the paper and pulp industry, talc in ceramics and refractories, talc in agriculture for crop protection, shift towards talc alternatives in cosmetics, global regulatory compliance in talc products.
The growth in the talc market is due to increasing sales in rapidly developing countries such as China and India owing to rising disposable income, increasing demand for, and availability of credit. For instance, according to the Bureau of Statistics of China, Disposable Personal Income in China increased to 47412 CNY in 2021. Therefore, the rising disposable income is driving the talc market.
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The talc market covered in this report is segmented –
1) By Type: Talc Chlorite, Talc Carbonate, and Others Types– Talc
2) By Mining Type: Underground Mining, Surface Mining
Talc companies are utilizing digital technologies to improve productivity and commercial outcomes as the major trends witnessed in the global talc market.
The talc market report table of contents includes:
1. Executive Summary
2. Talc Market Characteristics
3. Talc Product/Service Analysis -Product/Service Examples
4. Talc Market Trends And Strategies
5. Talc Market – Macro Economic Scenario
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26. Germany Talc Market
27. France Talc Market
28. Italy Talc Market
29. Spain Talc Market
30. Austria Talc Market
Top Major Players:
- Imery SA
- SCR-Sibelco NV
- Minerals Technologies Inc
- HZM Corp
- Nippon Talc Co. Ltd
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