
South America Kaolin Market
No. of Pages: 89 | Report Code: TIPRE00027277 | Category: Chemicals and Materials
No. of Pages: 89 | Report Code: TIPRE00027277 | Category: Chemicals and Materials
Market Introduction
Kaolin, also called China clay, soft white clay that is an essential ingredient in the manufacture of China and porcelain and is widely used in the making of paper, rubber, paint, and many other products. Based on process, the North America kaolin market is segmented into, water washed, airfloat, calcined, delaminated, and others. Based on end use the market is segmented into paper, ceramic and sanitaryware, paints and coatings, plastic, rubber, and others.
Strategic insights for the South America Kaolin provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the South America Kaolin refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.South America Kaolin Strategic Insights
South America Kaolin Report Scope
Report Attribute
Details
Market size in 2021
US$ 237.9 Million
Market Size by 2028
US$ 282.7 Million
Global CAGR (2021 - 2028)
2.5%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Process
By End-Use Industry
Regions and Countries Covered
South and Central America
Market leaders and key company profiles
South America Kaolin Regional Insights
Market Overview and Dynamics
The rising demand for automobiles favors the growth of the kaolin market. The automotive industry is one of the major beneficiaries of kaolin products as the industry extensively uses rubber-made components and parts. Kaolin improves the chemical-physical properties and performance of rubber automotive components. Kaolin is widely used in automotive tires to provide stiffness and reinforce the rubber, bringing tear resistance and tensile strength properties in tires. In addition, it helps in improving the air permeability and gas barrier of inner tire liners, which extends the service life of tires. Furthermore, kaolin finds wide application in car body seals due to the reduced electrical conductivity, protecting against corrosion properties. Additionally, kaolin is used to manufacture automotive components such as fluoroelastomer O-rings for fuel injector seals, gaskets, and hoses. Furthermore, kaolin finds its application in manufacturing waterborne paints and coatings, which are extensively used in the automotive industry to paint and coat automobile bodies and surfaces. The growing automobile industry globally fosters the demand for various kaolin-made auto components and parts, fueling the market growth. As per the OICA report, in 2019, the automotive industry manufactured over 92 million automotive vehicles, including passenger and commercial vehicles. In 2020, the production number of automotive reduced to 77 million vehicles due to the COVID-19 pandemic; however, the first three quarters of 2021 have shown more than 10% growth in the production of automotive vehicles compared to the first three quarters of 2020. Thus, the growing automotive industry is driving the kaolin market.
In South America, Brazil has the highest number of COVID-19 cases, followed by Argentina, Colombia, Peru, and Chile. The governments in South America have taken various actions to protect their citizens and combat the spread of the COVID-19 virus through lockdowns, trade bans, and travel restrictions, therefore negatively impacting the growth of the kaolin market. The construction industry from the region has been contracted sharply amid the COVID-19 pandemic. However, the business activities are expected to gradually recover in the coming months as the governments from the region continue to push forward their reopening plan to kick start the economy. In some areas of Brazil, vehicle production levels are almost back to the levels of prior years.
Key Market Segments
Based on process, the South America kaolin market is segmented into water washed, airfloat, calcined, delaminated, and others. The water-washed segment held the largest market share in 2020 and is estimated to register the highest CAGR in the market during the forecast period.
Based on end-use industry, the South America kaolin market is segmented into paper, ceramic and sanitaryware, paints and coatings, plastic, rubber, and others. The paper segment led the market with the largest share in 2020 and is expected to register the highest CAGR during 2021–2028.
Major Sources and Companies Listed
A few market players associated with the report on the South America kaolin market are American Elements, BASF SE and Burgess Pigment Company.
Reasons to buy the report
SOUTH AMERICA KAOLIN MARKET SEGMENTATION
By Process
By End-Use Industry
By Country
Company Profiles
The South America Kaolin Market is valued at US$ 237.9 Million in 2021, it is projected to reach US$ 282.7 Million by 2028.
As per our report South America Kaolin Market, the market size is valued at US$ 237.9 Million in 2021, projecting it to reach US$ 282.7 Million by 2028. This translates to a CAGR of approximately 2.5% during the forecast period.
The South America Kaolin Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Kaolin Market report:
The South America Kaolin Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Kaolin Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Kaolin Market value chain can benefit from the information contained in a comprehensive market report.