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
Industry: Specialty & Fine ChemicalsGlobal Pyrophyllite Market Insights Forecasts to 2032
- The Global Pyrophyllite Market Size was valued at USD 171.35 Million in 2022.
- The Market Size is Growing at a CAGR of 6.7% from 2022 to 2032
- The Worldwide Pyrophyllite Market Size is expected to reach USD 327.58 Million by 2032
- North America is expected To Grow the fastest during the forecast period.
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The Global Pyrophyllite Market Size is expected to reach USD 327.58 Million by 2032, at a CAGR of 6.7% during the forecast period 2022 to 2032.
Pyrophyllite is a valuable non-metallic natural raw material. Pyrophyllite is typically white, dismal, dim, yellow pale green, or blue in hue. It can be found in low to mid-grade metamorphic rocks that have higher concentrations of aluminum. On the cleavage surface, it has a pearly shine; otherwise, it has a greasy or drab luster. Pyrophyllite is suitable for various applications since it has unique features when pure. Pyrophyllite, for example, has low electrical as well as thermal conductivity, an excellent refractive index (IR), a low expansion coefficient, strong anti-corrosion properties, a low volumetric density, and a moderate hot-load distortion. As a result, this mineral finds widespread application in the refractory, ceramic, fiberglass, pesticide, fertilizer, paper, paint, plastic, rubber, cement, construction materials, and pharmaceutical sectors. Pyrophyllite is also commonly employed in high-pressure investigations, as well as a gasket material and as a medium for transmitting pressure.
The major key players in the Global Pyrophyllite Market include Anand Talc, Shinagawa Shirenga Co. Ltd., Bud Chemicals and Minerals, Minkyung Industrial Co. Ltd., Chirag Minerals, Rio Tinto, Trinity Resources Ltd., Jushi Group, and others. The pyrophyllite sector is dominated by a small number of corporations. Businesses tend to concentrate on providing high-quality products made from a variety of materials. Filler application demand is expected to generate attractive chances for players in the industry in the years to come.
Global Pyrophyllite Market Report Coverage
Report Coverage | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 171.35 Million |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 6.7% |
2032 Value Projection: | USD 327.58 Million |
Historical Data for: | 2018-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Application, By End-Use Industry, By Region |
Companies covered:: | 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. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
Pyrophyllite is an elemental substance that exhibits optical and physical qualities similar to talc. It is tougher than talc and remains its original color when heated or burnt. It also possesses creep resistance and thermal shock tolerance. When heated, pyrophyllite produces great distortion tolerance and high volume consistency when compared to alternative refractory minerals. As a result, it's commonly found in refractories, high-grade ceramics, and electric insulators. Pyrophyllite can be utilized in casting molds, flooring materials, and building clay products owing to the qualities listed above. The usage of pyrophyllite in a range of end-use sectors, such as paints, electric ceramics and porcelain, insecticides, machinery, rubber-based materials, and plastics, has fueled the rise in pyrophyllite demand.
The primary characteristics driving demand for pyrophyllite products are low thermal conductivity, a very high melting point, high insulating strength, and chemical inertness. In addition, the construction industry's recovery is expected to assist the paints and coatings market in the course of time. Another indirect reason expected to boost demand for pyrophyllite is the expanding new residential construction sector as a result of speedier house completions in general. Furthermore, the increasing demand for pyrophyllite as a substitute for talc and kaolin for use in the refractory and foundry industries is expected to function as a market opportunity over the projection period.
Restraining Factors
However, the market's expansion is expected to be hampered by a lack of global providers and a diverse choice of alternatives. Furthermore, rising health concerns related to pyrophyllite dust during extraction are projected to impede the projected expansion of the pyrophyllite market throughout the forecast period.
Market Segmentation
By Type Insights
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 form of pyrophyllite that has been coated with cerium oxide. The procedure makes the pyrophyllite less susceptible to corrosion and more simple to polish. This coating also imparts a brighter hue to the pyrophyllite than other forms of pyrophyllite. This will make the accessories look more polished. Ceramit 14 is typically fired at around 13000C, whereas ceramit 10 is fired at temperatures ranging from 800 to 10000C. Ceramit 14 also has superior electrical characteristics over ceramit 10 and unfired pyrophyllite.
By Application Insights
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. In a range of sectors, including steel, cement, and chemicals, refractory goods are employed for avoiding oxidation and other metal-induced problems. Pyrophyllite aids in the reduction of the caustic effects of oxides found in refractory materials, making them appropriate for prolonged preservation or usage. Furthermore, pyrophyllite is chemically resistant to several silicates and gas compounds. Pyrophyllite offers high electrical conductivity, compressive strength, tensile durability, and impact-resistant properties in addition to durability against decrepitation, damage, and thermal stress. Tile refractories, cement-fired bricks, burned brick-roofing tiles, and specific refractories are all manufactured from pyrophyllite.
Regional Insights
Asia Pacific dominates the market with the largest market share over the forecast period.
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Asia Pacific is dominating the market with more than 38.7% market share over the forecast period. The rising demand for construction items such as ceramic tiles for walls, lavatory products, and paints in growing markets such as India, China, and Southeast Asia is driving regional market expansion. Steel demand is expected to keep increasing as a downstream growth factor in the automobile, consumer products, construction, oil and gas, and other industries. Four of the top five steel-producing countries are located in the Asia Pacific, including China, India, Japan, and South Korea. With increased steel production, refractory demand is expected to expand over the forecast period, potentially positively impacting the worldwide pyrophyllite market.
North America, on the contrary, is expected to grow the fastest during the forecast period. This expansion is projected to be aided by the growing adoption of sophisticated ceramics in the electrical, electronic, and automotive industries. The presence of several automotive and component manufacturing corporations distinguishes the United States, Canada, and Mexico. Furthermore, rising output in the iron and steel sector in the United States is a prominent factor driving market expansion. In terms of worldwide crude steel production, the United States ranks fourth. As a result of the aforementioned factors, the demand for pyrophyllite in the region is predicted to grow rapidly.
List of Key Market Players
- 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
Market Segment
This study forecasts revenue at global, regional, and country levels from 2022 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
Frequently Asked Questions (FAQ)
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1.What is the market size of the pyrophyllite market?The Global Pyrophyllite Market is expected to grow from USD 171.35 million in 2022 to USD 327.58 million by 2032, at a CAGR of 6.7% during the forecast period 2022-2032.
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2.Which are the key companies in the market?Anand Talc, Shinagawa Shirenga Co. Ltd., Bud Chemicals and Minerals, Minkyung Industrial Co. Ltd., Chirag Minerals, Rio Tinto, Trinity Resources Ltd., Jushi Group
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3.Which segment dominated the pyrophyllite market share?The refractories & foundry segment in application type dominated the pyrophyllite market in 2022 and accounted for a revenue share of over 57.2%.
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4.What are the elements driving the growth of the pyrophyllite market?Rising steel demand from the automotive and construction industries, as well as rising pyrophyllite penetration in paint, coating, and rubber applications, are boosting the pyrophyllite market.
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5.Which region is dominating the pyrophyllite market?Asia Pacific is dominating the Pyrophyllite market with more than 38.7% market share.
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6.Which segment holds the largest market share of the pyrophyllite market?The pyrophyllite ceramit 14 segment based on type holds the maximum market share of the pyrophyllite market.
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