North America Talc Market Size, Share, Analysis, Industry Report and Forecast 2021-2027
North America talc is estimated to display a rapid CAGR of 3.0% during the forecast period (2021-2027). The automobile industry which is one of the major end-users for talc, in the region is going through rapid transformations. The development of electric vehicle infrastructure and demand for lightweight vehicles in the region boosted the market for talc. Major manufacturers such as Fiat Chrysler Automobiles, Ford, and General Motors, are using plastic in their cars, which will help in reducing the weight of vehicles and bringing down carbon dioxide emissions. Lightweight vehicle sales, which includes cars and trucks marketed in the US, were 17.3 million in 2015, while the same in 2012 stood at 14.4 million. The sales of lightweight vehicles declined in 2020 due to the COVID-19 pandemic, as all automobile manufacturers were forced to shut down their operations on a temporary basis. The automobile industry is expected to rise again and normalize by 2022. A growing automotive industry will support the growth of talc in the region.
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Further, the growth of talc in the region is supported by growing
construction activities in the region. Although, owing to the COVID-19 pandemic
lot of constructions projects were remain under constructions like there are
more than 5000 hotels were in pipelines before pandemic in the US and the
constructions has been resumed post pandemic, thus constructions of hotel in
that region will drive the demand for roofing materials, which will again
support the market for talc in the region. Similar kind of growth can be seen
in Canadian construction sectors. In Canada, there are some mega projects which
are under pipeline which will substantially create more employment
opportunities.
·
Market
number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
·
Segment
Covered- by Deposits and End-user
· Countries Covered- US and Canada
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America Talc Market is Available at: https://www.omrglobal.com/industry-reports/north-american-talc-market
What is the
market growth rate?
Which segment
and region dominates the market in base year?
Which segment
and region will project fastest growth in the market?
How COVID-19
impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
North
America Talc Market Report Segment
·
Talc
Carbonates
·
Talc
Chlorites
·
Others
By End-user
·
Ceramics
·
Construction
·
Cosmetics
and Personal Care
·
Paints
and Coatings
·
Pharmaceuticals
·
Plastics
·
Pulp
and Paper
·
Others
North America
Talc Market Report Segment
·
US
·
Canada
Company Profiles
·
Aldon Corp
·
First Source
Worldwide
·
Golcha Group
·
IMI FABI S.p.A.
·
Liaoning Beihai
Industry (Group) Co., Ltd.
·
Minerals
Technologies Inc.
·
Reagents
·
Rockleigh Industries
Inc
·
Sibelco
·
Superior Materials,
Inc.
·
Talc USA
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