The global wollastonite powder market size is expected to reach US$ 459.3 billion by 2030 from US$ 210.7 billion in 2020 and is expected to grow at an impressive double-digit rate of 8.1% from 2021 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global wollastonite powder Market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
Crucial factors accountable for market growth are:
- Increased applicability in plastics, and rubber applications.
- Wollastonite is acquiring popularity as a cost-efficient reinforcement material in ceramics and whitewares
- Companies in the wollastonite powder market are increasing their production capacities
- Increasing construction activities worldwide
| Report Highlights | Details |
| Market Size | US$ 459.3 Million by 2030 |
| Growth Rate | CAGR of 8.1% From 2021 to 2030 |
| Base Year | 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Application |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
| Companies Mentioned | Wolkem, R.T. Vanderbilt Holding Company, Inc., Nordkalk Corporation, ACBM JSC, Imerys, Canadian Wollastonite, Xinyu South Wollastonite Co., Ltd. |
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Key Findings of Wollastonite Powder Market Study
Numerous Industries Utilize Functional Characteristics:
Wollastonite powder market has emerged as an attractive functional filler and lightweight reinforcing fillers for various architectural applications. For instance, high demand for high-quality calcium silicates are present in ceramics. Rise in demand for wollastonite powders in metallurgy, steel making, and in making floor tiles has spurred the growth prospects in the market.
Manufacturers Aim at Product Efficacy for Meeting Major Application Needs:
There is a growing focus on developing products that can meet the specific functional needs in major end-use industries. Plastics and coatings industries have attracted the attention of players in recent years. In addition, manufacturers are notably focusing on meeting the needs of functional additives for waterborne and solvent-borne systems, as well as in size and shape of the powder. For instance, brands are keen on increasing the in-can stability of wollastonite powder.
New Formulations Aim at Fighting Off Competition:
The players in wollastonite powder market has been witnessing stiff competition from substitutes such as steel fibers, ceramic fibers, and glass fibers. Thus, manufacturers are keen on improving the cost-efficiency of their products as well the functional features where these products will be utilized. Moreover, they are engaging with distributors in order to tap into the vast revenue streams in countries with rapidly rising construction industry. Asia Pacific has thus become a hotbed of opportunities. Growing focus of governments in the Middle East countries to provision affordable housing has also spurred the use of wollastonite powders in range of construction materials in recent years.
Top Players contending in the Market:
Major market companies are aiming towards the innovative advancements in order to enhance position in the target industry. Major companies are:
- Wolkem
- R.T. Vanderbilt Holding Company, Inc.
- Changxing Earth New Type of Material Co., Ltd.
- Nordkalk Corporation
- Jilin Shanwei Wollastonite Mining CO., LTD.
- ACBM JSC
- Imerys
- Canadian Wollastonite
- Xinyu South Wollastonite Co., Ltd.
For improved status of wollastonite powder, and strategies accepted by Precedence Research projected the upcoming growth of the wollastonite powder market.
Key Market Developments:
In year 2020, IMERYS a leading player in the target industry has expanded the distribution partnership along with IMCD all overCanada and United States
In year 2017, Nordkalka major company in the wollastonite powder market has beenexpanded the businesses of the company to Turkey, along with the NordekaMaden which is local joint venture.
Major Market Segments Covered:
By Application
- Polymers
- Paints
- Friction Products
- Construction
- Metallurgy
- Others
Why should you invest in this report?
If you are aiming to enter the global wollastonite powder market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for wollastonite powder are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Top Players contending in the Market:
Major market companies are aiming towards the innovative advancements in order to enhance position in the target industry. Major companies are:
- Wolkem
- R.T. Vanderbilt Holding Company, Inc.
- Changxing Earth New Type of Material Co., Ltd.
- Nordkalk Corporation
- Jilin Shanwei Wollastonite Mining CO., LTD.
- ACBM JSC
- Imerys
- Canadian Wollastonite
- Xinyu South Wollastonite Co., Ltd.
Major Market Segments Covered:
By Application
- Polymers
- Paints
- Friction Products
- Construction
- Metallurgy
- Others
Regional Analysis:
The geographical analysis of the global wollastonite powder market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American market is again segmented into the US, Canada, and Mexico. Coming to the European market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global wollastonite powder Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global wollastonite powder market in 2030?
- What is the expected CAGR for the wollastonite powder market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global wollastonite powder market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. DataSources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Wollastonite powder Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Wollastonite powder Market
5.1. Covid-19: Wollastonite powder Industry Impact
5.2. Wollastonite powderBusiness Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Wollastonite powderOpportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Wollastonite powder Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. Wollastonite powder Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increased applicability in plastics, and rubber applications.
6.1.1.2. Wollastonite is acquiring popularity as a cost-efficient reinforcement material in ceramics and whitewares
6.1.1.3. Companies in the wollastonite powder market are increasing their production capacities
6.1.2. Market Restraints
6.1.2.1. Stringent regulation regarding the greenhouse gas emissions
6.1.3. MarketOpportunities
6.1.3.1. Major companies are focusing on broadening their product portfolio
Chapter 7. Global Wollastonite powder Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Wollastonite powder Market Revenue by Market Players (2017 - 2020)
7.1.1.2. Wollastonite powder Market Revenue Market Share by Market Players (2017 - 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Process Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users
Chapter 8. Global Wollastonite powder Market, By Application
8.1. Wollastonite powder Market, by Application, 2017-2030
8.1.1. Ceramics
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Polymers
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Paints
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Friction Products
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Construction
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Metallurgy
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Wollastonite powder Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue Forecast by Application (2017-2030)
9.1.2. U.S
9.1.2.1. Market Revenue Forecast (2017-2030)
9.1.3. Canada
9.1.3.1. Market Revenue Forecast (2017-2030)
9.2. Europe
9.2.1. Market Revenue Forecast by Application (2017-2030)
9.2.2. UK
9.2.2.1. Market Revenue Forecast (2017-2030)
9.2.3. Germany
9.2.3.1. Market Revenue Forecast (2017-2030)
9.2.4. France
9.2.4.1. Market Revenue Forecast (2017-2030)
9.2.5. Rest of EU
9.2.5.1. Market Revenue Forecast (2017-2030)
9.3. Asia Pacific (APAC)
9.3.1. Market Revenue Forecast by Application (2017-2030)
9.3.2. China
9.3.2.1. Market Revenue Forecast (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue Forecast (2017-2030)
9.3.4. Japan
9.3.4.1. Market Revenue Forecast (2017-2030)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue Forecast (2017-2030)
9.4. LATAM
9.4.1. Market Revenue Forecast by Application (2017-2030)
9.4.2. Brazil
9.4.2.1. Market Revenue Forecast (2017-2030)
9.4.3. Rest of LATAM
9.4.3.1. Market Revenue Forecast (2017-2030)
9.5. Middle East and Africa (MEA)
9.5.1. Market Revenue Forecast by Application (2017-2030)
9.5.2. GCC
9.5.2.1. Market Revenue Forecast (2017-2030)
9.5.3. North Africa
9.5.3.1. Market Revenue Forecast (2017-2030)
9.5.4. South Africa
9.5.4.1. Market Revenue Forecast (2017-2030)
9.5.5. Rest of MEA
9.5.5.1. Market Revenue Forecast (2017-2030)
Chapter 10. Company Profiles
10.1. Wolkem
10.1.1. Company Overview, Business Information, Regional Presence
10.1.2. Product Portfolio Analysis
10.1.2.1. Product Details, Specification, Product Type
10.1.3. Revenue, Price, and Gross Margin (2017-2020)
10.1.4. Recent Developments and Strategies
10.2. R.T. Vanderbilt Holding Company, Inc.
10.2.1. Company Overview, Business Information, Regional Presence
10.2.2. Product Portfolio Analysis
10.2.2.1. Product Details, Specification, Product Type
10.2.3. Revenue, Price, and Gross Margin (2017-2020)
10.2.4. Recent Developments and Strategies
10.3. Changxing Earth New Type of Material Co., Ltd.
10.3.1. Company Overview, Business Information, Regional Presence
10.3.2. Product Portfolio Analysis
10.3.2.1. Product Details, Specification, Product Type
10.3.3. Revenue, Price, and Gross Margin (2017-2020)
10.3.4. Recent Developments and Strategies
10.4. Nordkalk Corporation
10.4.1. Company Overview, Business Information, Regional Presence
10.4.2. Product Portfolio Analysis
10.4.2.1. Product Details, Specification, Product Type
10.4.3. Revenue, Price, and Gross Margin (2017-2020)
10.4.4. Recent Developments and Strategies
10.5. Jilin Shanwei Wollastonite Mining CO., LTD.
10.5.1. Company Overview, Business Information, Regional Presence
10.5.2. Product Portfolio Analysis
10.5.2.1. Product Details, Specification, Product Type
10.5.3. Revenue, Price, and Gross Margin (2017-2020)
10.5.4. Recent Developments and Strategies
10.6. ACBM JSC
10.6.1. Company Overview, Business Information, Regional Presence
10.6.2. Product Portfolio Analysis
10.6.2.1. Product Details, Specification, Product Type
10.6.3. Revenue, Price, and Gross Margin (2017-2020)
10.6.4. Recent Developments and Strategies
10.7. Imerys
10.7.1. Company Overview, Business Information, Regional Presence
10.7.2. Product Portfolio Analysis
10.7.2.1. Product Details, Specification, Product Type
10.7.3. Revenue, Price, and Gross Margin (2017-2020)
10.7.4. Recent Developments and Strategies
10.8. Canadian Wollastonite
10.8.1. Company Overview, Business Information, Regional Presence
10.8.2. Product Portfolio Analysis
10.8.2.1. Product Details, Specification, Product Type
10.8.3. Revenue, Price, and Gross Margin (2017-2020)
10.8.4. Recent Developments and Strategies
10.9. Xinyu South Wollastonite Co., Ltd.
10.9.1. Company Overview, Business Information, Regional Presence
10.9.2. Product Portfolio Analysis
10.9.2.1. Product Details, Specification, Product Type
10.9.3. Revenue, Price, and Gross Margin (2017-2020)
10.9.4. Recent Developments and Strategies
Chapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
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