Halloysite is a type of clay mineral with a nanotubular structure. It is a hydrated alumina silicate that typically occurs as an alteration product of kaolinite-bearing rocks. Halloysite has a wide variety of uses, depending on its chemical composition. It can be used as a component in high-performance ceramics as well as being used in the pharmaceutical, food, and medical device industries. In addition, halloysite is used in a variety of industrial applications, such as for catalysis, heat insulation, and adsorption.
Halloysite is mainly produced in China, followed by Brazil, Malaysia, and India. The global halloysite size was estimated at 30,000 tons in 2020 and is expected to grow at around 4%-6% CAGR during the forecast period from 2021 to 2026.
The global Halloysite market was valued at US$ 45 million in 2022 and is anticipated to reach US$ 102.9 million by 2029, witnessing a CAGR of 12.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Halloysite Market available at: https://www.themarketreports.com/report/global-halloysite-market-research-report
This report aims to provide a comprehensive presentation of the global market for Halloysite, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Halloysite.
Threated by limited mineral resource, global halloysite suppliers are not too much. Global famous suppliers include Imerys Ceramic, Applied Minerals, I-Minerals, Eczacıbaşı Esan, PTH Intermark and Bijie Guochuang. Imerys Ceramic, which based in New Zealand, is the global leader in halloysite industry. Market concentration in this industry is high and top three suppliers account for 81% of global total revenue.
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