Global Pyrophyllite Market Size and Share Analysis 2023-2028


Visão geral do mercado

The Global Pyrophyllite Market is projected to experience substantial growth during the forecast period (2023-2028), with the market size expected to increase from 737.16 kilotons in 2023 to 822.30 kilotons by 2028, representing a Compound Annual Growth Rate (CAGR) of 2.21%.

The chemical industry, among others, was impacted by the COVID-19 pandemic in 2020, leading to temporary lockdowns and production halts. However, post-pandemic, the pyrophyllite market witnessed resurgence, driven by the escalating demand for paints and ceramics, fueled by increased construction activities.

Product Type

Relatório de mercado

No. of Pages

192

Release Date

Apr-23

Base Year

2022

Forecast Period

2023-2028

Market Size

734.7 thousand tons in 2021

Market Segments

Type, Application, and Geography

Region

Global

No. of Companies Mentioned

13


A significant driving force behind the market’s growth is the rising demand for pyrophyllite in ceramics in key economies. This increased demand is attributed to its favorable properties for various applications in the ceramics sector.

Nevertheless, the market growth faces hindrance due to health concerns arising from pyrophyllite dust during mining activities.

On the other hand, the growing preference for pyrophyllite as a viable alternative to talc and kaolin in the refractory and foundry industry presents an opportunity for the market’s expansion in the upcoming years.

The Asia-Pacific region is expected to dominate the pyrophyllite market, primarily due to substantial consumption in countries like China and India.

Pyrophyllite, a phyllosilicate mineral with the molecular formula Al2Si4O10(OH)2, occurs in two forms: crystalline folia and compact masses. It is commonly found in association with other minerals such as quartz, mica, kaolinite, epidote, and rutile. The mineral finds diverse applications in various industries, including refractory, ceramics, paints, rubber, and others.


Segmentação de mercado

The market is segmented based on various factors, including type, application, and geography.

Segmentation by Type
Pyrophyllite Natural
Other Grades (Ceramit 10, Ceramit 14, Etc.)

Segmentation by Application
Ceramics
Fiberglass
Filler Materials (Paper, Insecticides, Paints)
Fertilizer (Soil Conditioner)
Rubber and Roofing (As Dusting Agents)
Refractory
Ornamental Stones
Other Applications

Segmentation by Geography
North America – Estados Unidos, Canadá, México
Europe – Reino Unido, Alemanha, França, Itália, and Rest of Europe
Asia-Pacific – China, Japão, Índia, Tailândia, South Korea, and Rest of Asia-Pacific
Latin America – Brasil, Argentina, and Rest of Latin America
Middle East and Africa – Arábia Saudita, África do Sul, and Rest of Middle East and Africa

Pyrophyllite is a mineral known for its remarkable changeable characteristics and widespread presence in slate, phyllite, and some schists, as well as other early-stage metamorphic rocks.

The application of pyrophyllite in ceramics is particularly significant, as it enables lower firing temperatures, reduced thermal expansion, minimized shrinking and cracking, and improved thermal shock resistance. Além disso, ceramics manufactured with pyrophyllite exhibit a high degree of vitrification and impressive mechanical resistance. The demand for pyrophyllite in the ceramic industry is expected to witness growth in the construction and automotive sectors due to its advantageous properties, such as toughness, hardness, electrical resistance, and chemical inertness.

China stands as one of the leading global producers of ceramics, with the industrial ceramic industry’s market value reaching USD 29.4 billion in 2021, a notable increase from USD 28.18 billion in 2020, according to the China Ceramic Association. Furthermore, the rising demand for ceramics across various industries has driven ceramic exports from countries like Indonesia, which saw its exports of ceramic products grow to USD 374 million in 2021, marking a 30% increase compared to 2020. The ceramics industry’s growth in Australia has also contributed to increased market consumption.

The construction industry’s surge in the United States has further intensified the demand for ceramic tiles, with ceramic product exports reaching USD 2.49 billion in 2022, according to the United Nations COMTRADE database. The United States also witnessed 918 million square feet of ceramic tile shipments in 2021, as reported by the Tile Council of North America.

Consequently, the dominance of ceramics in various industries is expected to persist throughout the forecast period.

The Asia-Pacific region is projected to hold the dominant position in the pyrophyllite market during the forecast period, primarily due to the increasing demand for pyrophyllite and the extensive use of ceramics in the construction industries of countries like China and India.

Notably, some of the largest producers of pyrophyllite are located in the Asia-Pacific region. For instance, PPG’s investment of USD 13 million in its Jiading, China, paint and coatings facility in May 2021 has led to the enhancement of research and development capabilities, including expanded powder coating production lines that are anticipated to increase pyrophyllite demand in the paint industry.

Pyrophyllite’s importance as a filler in the paper and paint industries is undeniable. According to the Indian Paper Manufacturers Association (IPMA), paper and paperboard exports from India surged by around 80% in 2021-22, reaching a record value of INR 139.63 billion (USD 1.68 billion).

Additionally, pyrophyllite’s role as a fertilizer carrier in agriculture, enhancing soil nutrient retention and reducing leaching, has contributed to the thriving market. China, being the world’s largest fertilizer manufacturer, recorded a nitrogen, phosphate, and potash fertilizer production volume of 55.44 million tons in 2021, compared to 54.96 million tons in 2020, representing a growth of 0.87%, according to the National Bureau of Statistics of China.


Cenário competitivo

The pyrophyllite market exhibits a high level of consolidation. Several prominent companies, including HANKOOK MINERAL POWDER CO. LTD., Shinagawa Shirenga Co. Ltd., Shokozan Kogyosho Co. Ltd., OHIRA CO. LTD., and Minkyung Industrial Co. Ltd., among others, play significant roles in the market.


Key Questions Answered

What is the study period of the Pyrophyllite Market?
The Pyrophyllite Market has been studied from 2018 to 2028.

What is the growth rate of the Pyrophyllite Market?
The Pyrophyllite Market is experiencing a growth rate of 2.21% over the next 5 years.

Which region has the highest growth rate in the Pyrophyllite Market?
The Middle East and Africa region are witnessing the highest CAGR over the period 2018-2028.

Which region has the largest share in the Pyrophyllite Market?
As of 2022, the Asia Pacific region holds the highest market share.

Who are the key players in the Pyrophyllite Market?
The major companies operating in the Pyrophyllite Market are HANKOOK MINERAL POWDER CO. LTD, Shinagawa Shirenga Co. Ltd., Shokozan Kogyosho Co. Ltd., OHIRA CO. LTD., and Minkyung Industrial Co. Ltda.

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