Global Pyrophyllite Market Size To Grow USD 327.58 Million By 2032 | CAGR of 6.7%

Category: Specialty & Fine Chemicals

RELEASE DATE Jul 2023
REPORT ID SI2243

Global Pyrophyllite Market to Exceed USD 327.58 Million by 2032                    

According to a research report published by Spherical Insights & Consulting, the Global Pyrophyllite Market Size is To Grow from USD 171.35 Million in 2022 to USD 327.58 Million by 2032, at a Compound Annual Growth Rate (CAGR) of 6.7% during the projected period. The rising adoption of industrial display in various applications such as refractories & foundry, ceramics, fillers, and others in several industries including pulp paper, textile, paints, pharmaceutical, and others is expected to boost the demand for the pyrophyllite market during the forecast period.

 

Global Pyrophyllite Market

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Browse key industry insights spread across 200 pages with 110 Market data tables and figures & charts from the report on "Global Pyrophyllite Market Size, Share, and COVID-19 Impact Analysis, By Type (Pyrophyllite Natural, Pyrophyllite Ceramit 10, Pyrophyllite Ceramit 14), By Application (Refractories & Foundry, Ceramics, Fillers), By End-Use Industry (Pulp Paper, Textile, Paints, Pharmaceutical, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/pyrophyllite-market

 

Pyrophyllite is an important natural non-metallic raw material. The color of pyrophyllite is often white, dismal, dim, yellow pale green, or blue. It is found in low to mid-grade metamorphic rocks with significant aluminum content. Pyrophyllite is useful for a variety of applications since it exhibits distinct properties when pure. Pyrophyllite, for example, has low electrical and thermal conductivity, a high refractive index (IR), a low expansion coefficient, excellent anti-corrosion properties, a low volumetric density, and mild hot-load distortion. As a result, this mineral is widely used in refractory, ceramic, fiberglass, pesticide, fertilizer, paper, paint, plastic, rubber, cement, building materials, and pharmaceutical industries. Low thermal conductivity, a very high melting point, excellent insulating strength, and chemical inertness are the major attributes driving demand for pyrophyllite products. Furthermore, the construction industry's revival is likely to help the paints and coatings market over time. Because of the properties stated above, pyroclase can be used in casting molds, flooring materials, and building clay products. Pyrophyllite is used in a variety of end-use industries, including paints, electric ceramics and porcelain, pesticides, equipment, rubber-based materials, and plastics.

 

The pyrophyllite ceramit 14 segment is dominating the market with the largest revenue share over the forecast period.

On the basis of type, the global pyrophyllite market is segmented into the pyrophyllite natural, pyrophyllite ceramit 10, and pyrophyllite ceramit 14. Among these, the pyrophyllite ceramit 14 segment is dominating the market with the largest revenue share of 38.6% over the forecast period. Pyrophyllite ceramit 14 is a kind of pyrophyllite that has been cerium oxide coated. The technique renders the pyrophyllite less corrosive and easier to polish. Ceramit 14 is commonly fired at temperatures ranging from 800 to 10000 degrees Celsius, whilst ceramit 10 is fired at temperatures ranging from 800 to 10000 degrees Celsius. Ceramit 14 also outperforms ceramit 10 and unfired pyrophyllite in terms of electrical properties.

 

The refractories & foundry segment accounted for the largest revenue share of more than 57.2% over the forecast period.

On the basis of application, the global pyrophyllite market is segmented into refractories & foundry, ceramics, and fillers. Among these, the refractories & foundry segment is dominating the market with the largest revenue share of 57.2% over the forecast period. Refractory items are used to avoid oxidation and other metal-induced difficulties in a variety of industries, including steel, cement, and chemicals. Pyrophyllite helps to reduce the caustic effects of oxides inherent in refractory materials, making them suitable for long-term storage or use. Additionally, pyrophyllite is chemically resistant to a variety of silicates and gas compounds.

 

Asia Pacific dominates the market with the largest market share over the forecast period.

 

Global Pyrophyllite Market

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Asia Pacific is dominating the market with more than 38.7% market share over the forecast period. Rising demand for building materials such as ceramic wall tiles, lavatory goods, and paints in developing economies such as India, China, and Southeast Asia is propelling the regional market growth. Steel demand is predicted to rise further as a downstream growth element in industries such as automobiles, consumer goods, construction, oil and gas, and others. On the other hand, North America is predicted to expand the fastest during the forecast period. This growth is expected to be assisted by the increasing use of advanced ceramics in the electrical, electronic, and automotive industries. The United States, Canada, and Mexico are distinguished by the presence of several automotive and component manufacturing businesses.

 

Major vendors in the Global Pyrophyllite Market include Kamlesh Minerals, Tsuchihashi Mining Co., Ltd., D. K Industries, Anand Talc, Shinagawa Shirenga Co. Ltd., Bud Chemicals and Minerals, Minkyung Industrial Co. Ltd., Chirag Minerals, Rio Tinto, Trinity Resources Ltd., Jushi Group, R.T. Vanderbilt Holding Company, Inc., The Ishwar Mining & Industrial Corp., Wonderstone, Eastern Minerals, Shibang, Jindutta Mineral, and among others.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Pyrophyllite Market based on the below-mentioned segments:

 

Pyrophyllite Market, Type Analysis

  • Pyrophyllite Natural
  • Pyrophyllite Ceramit 10
  • Pyrophyllite Ceramit 14

 

Pyrophyllite Market, Application Analysis

  • Refractories & Foundry
  • Ceramics
  • Fillers
  • Others

 

Pyrophyllite Market, End-Use Industry Analysis

  • Pulp Paper
  • Textile
  • Paints
  • Pharmaceutical
  • Others

 

Pyrophyllite Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

 

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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