Global Talc Market 2017-2021 - Increase in Demand from Plastics Industry - Research and Markets

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Jun 05, 2017, 12:40 ET

DUBLIN, June 5, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Talc Market 2017-2021" report to their offering.

The global talc market to grow at a CAGR of 4.4% during the period 2017-2021.

Global talc Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is inorganic expansion and increase in mergers and acquisitions. Major vendors in talc market are increasingly relying on inorganic expansion for growth wherein they are either acquiring the operations of competitors or merging with the competitors to form a single business entity. Inorganic growth is preferred over organic growth in the talc business as the former gives an immediate gestation for investment while giving access to the existing customer base and distribution network of the acquired company.

According to the report, one of the major drivers for this market is increase in demand from plastics industry. Talc is widely used in the plastic industry as fillers to enhance the properties of the plastics and polyolefin compounds (polypropylene). Talc is used in applications such as thermoplastic polymers of automotive, appliances (washing machines, dishwashers, and tumble driers), engineering polymers, semi-crystalline polymer nucleation, anti-blocking of polyethylene films, plastic recycling, and wood plastics composites. There has been a growing demand for the talc products in the lightweight automotive plastic parts.

Further, the report states that one of the major factors hindering the growth of this market is stringent regulations and adverse effects on health and environment. Talcum powder in the cosmetics sector, which is made from talc, is capable of absorbing moisture and reduce the friction. So, it is widely used in baby powder, adult facial and body powders, and other consumer products. In natural form, talc contains asbestos, which causes lung cancer when inhaled. Long-term exposure to the natural talc powders mainly during working at the talc mine can cause a high risk of lung cancer.

Key vendors

Golcha Minerals
Imerys
IMI Fabi
Mondo Minerals
Nippon Talc

Other prominent vendors

American Talc Company
Guangxi Guilin Longsheng Huamei Talc Development
Haichen Minchem
Hayashi-Kasei
Jai Group
Liaoning AIHAI Talc
Minerals Technologies
Shandong Pingdu Talc Mine Industrial

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by deposit type

Part 07: Market segmentation by end-user

Part 08: Geographical segmentation

Part 09: Key leading countries

Part 10: Market drivers

Part 11: Impact of drivers

Part 12: Market challenges

Part 13: Impact of drivers and challenges

Part 14: Market trends

Part 15: Vendor landscape

Part 16: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/8wr68x/global_talc

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SOURCE Research and Markets