Middle East & Africa Talc Market Forecast to 2030
Middle East & Africa Talc Market Forecast to 2030 – Regional Analysis – by Deposit Type (Talc Chlorite and Talc Carbonate) and End-Use Industry (Plastics, Pulp & Paper, Ceramics, Paints & Coatings, Rubber, Pharmaceuticals, Food, and Others)
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Description
Growing Use of Talc in Paper & Pulp Industry Boosts Middle East & Africa Talc Market
Talc is commonly used in the pulp & paper industry as a pitch control agent, coating pigment, and functional filler. It helps enhance the runnability of a paper machine. Talc is used to recycle paper and produce new paper, pulp, and cardboard. The properties of talc prevent pitch agglomeration within the production machine. Talc is used as a filler to give smoothness, porosity, and opacity to paper. Also, in paper production, talc use enhances the quality of finished products and reduces production costs. The demand for paper packaging is increasing in various sectors. Quick service restaurants (QSR) and fast-food restaurants are among the largest users of paper packaging products. The paper & pulp industry growth is driven by the increasing use of paper-based packaging due to the rising adoption of e-commerce platforms, especially in developing countries. Moreover, increasing environmental concerns such as global warming and biodegradability and health problems caused by plastic packaging are bolstering the growth of the paper & pulp industry in different regions. As a result, various paper and pulp manufacturers are investing in expanding their production capacities. The growing paper & pulp industry propels the demand for talc, which drives the talc market growth.
Middle East & Africa Talc Market Overview
The Middle East & Africa (Middle East & Africa) is primarily segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East and Africa. The demand for automotive components in the region is anticipated to grow significantly during the forecast period. The Middle East & Africa market is evolving due to the increasing passenger vehicle production. The demand for vehicles made in the region is growing consistently. Rising middle-class income, growing population, and increasing passenger vehicle production are driving the market. Further, the strong demand for paints and coatings, ceramics, pharmaceuticals, and rubber from countries in the region, such as South Africa, Saudi Arabia, the UAE, and Kuwait, creates a huge requirement for talc. Rapid urbanization, along with an increase in government spending on infrastructure development through programs such as Saudi Vision 2030 and Abu Dhabi Economic Vision 2030 in the Middle East & Africa, is leading to growth in construction activities in the region. This growth in construction activities is fueling the demand for the building materials such as paints and ceramics, thereby boosting the talc market growth.
Middle East & Africa Talc Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Talc Market Segmentation
The Middle East & Africa talc market is segmented into type, application, and country.
Based on type, the Middle East & Africa talc market is bifurcated into talc chlorite and talc carbonate. The talc carbonate segment held a larger share of the Middle East & Africa talc market in 2022.
In terms of application, the Middle East & Africa talc market is segmented into plastics, pulp and paper, ceramics, paints and coatings, rubber, pharmaceuticals, food, and others. The plastics segment held the largest share of the Middle East & Africa talc market in 2022.
By country, the Middle East & Africa talc market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa talc market in 2022.
Elementis Plc, Golcha Minerals Pvt Ltd, Imerys SA, Liaoning Aihai Talc Co Ltd, Minerals Technologies Inc, and SCR-Sibelco NV are some of the leading companies operating in the Middle East & Africa talc market.
Summary Info
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According to the Research Team research, the Middle East & Africa talc market was valued at US$ 94.48 million in 2022 and is expected to reach US$ 119.46 million by 2030, registering a CAGR of 3.0% from 2022 to 2030. Growing demand for plastics in automotive industry and increasing demand from various end-use industries are among the critical factors attributed to the Middle East & Africa talc market expansion.
As per data by the Organisation Internationale des Constructeurs d’Automobiles (OICA), the global car and vehicle production reached over 85 million in 2022, indicating a 6% increase from the previous year. The growing automotive industry in the MEA propels the demand for automotive seats in the region for the drivers and passengers’ seating comfort. In March 2022, the Managing Director of Nissan Middle East stated that Nissan Middle East reported a 9.9% sales increase across the Gulf in the first three quarters of 2021 compared to 2020. In addition, as per the International Organization of Motor Vehicle Manufacturers, the sale of vehicles increased from 1,069,175 units in 2020 to 1,310,053 units in 2021 in countries in the Middle East & Africa, which includes Kuwait, Saudi Arabia, the UAE, and South Africa. In addition, the adoption of electric cars is projected to grow faster in the Gulf countries owing to tech-savvy urban hubs such as Dubai. Plastics have improved the performance, structure, and safety of automobiles. Plastic use helps reduce the weight of vehicle parts, which increases fuel efficiency and lowers greenhouse gas emissions. Spurred by rigorous regulations, especially regarding fuel efficiency, plastics are key material in manufacturing and designing automotive vehicles. Materials such as polypropylene (PP) and other engineering thermoplastics are extensively used for automotive interiors, exteriors, and under-the-hood applications and replacing the usage of metal parts. Talc is added to polypropylene to enhance its performance and durability. Vehicle’s interior parts such as instrument panels, door panels, pillar covers, seat backs, consoles, and headliners are commonly made of talc-filled polypropylene. Thus, the increasing investments by major automobile manufacturers and surging production of automotive vehicles would propel the demand for automotive plastics, which is expected to boost the talc market growth during the forecast period.
On the contrary, health concerns related to usage of talc hampers the growth of Middle East & Africa talc market.
Based on type, the Middle East & Africa talc market is bifurcated into talc chlorite and talc carbonate. The talc carbonate segment held 59.4% share of Middle East & Africa talc market in 2022, amassing US$ 56.11 million. It is projected to garner US$ 72.07 million by 2030 to expand at 3.2% CAGR during 2022-2030.
In terms of application, the Middle East & Africa talc market is categorized into plastics, pulp and paper, ceramics, paints and coatings, rubber, pharmaceuticals, food, and others. The plastics segment held 32.1% share of Middle East & Africa talc market in 2022, amassing US$ 30.35 million. It is projected to garner US$ 38.26 million by 2030 to expand at 2.9% CAGR during 2022-2030.
By country, the Middle East & Africa talc market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 35.5% share of Middle East & Africa talc market in 2022. It was assessed at US$ 33.54 million in 2022 and is likely to hit US$ 43.84 million by 2030, exhibiting a CAGR of 3.4% during 2022-2030.
Key players operating in the Middle East & Africa talc market are Elementis Plc, Golcha Minerals Pvt Ltd, Imerys SA, Liaoning Aihai Talc Co Ltd, Minerals Technologies Inc, and SCR-Sibelco NV, among others.
In September 2022, Imerys SA entered the exclusive negotiations with Syntagma Capital for the potential sale of most of its assets producing kaolin, ground calcium carbonate (“GCC”), precipitated calcium carbonate (“PCC”) and talc, which primarily serve the paper markets.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa talc market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Talc Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Mining:
4.3.3 Processing and Grinding
4.3.4 Product Distribution or Supply
4.3.5 End-Use Industries
5. Middle East & Africa Talc Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Use of Talc in Paper & Pulp Industry
5.1.2 Increasing Demand from Various End-Use Industries
5.2 Market Restraints
5.2.1 Health Concerns Related to Usage of Talc
5.3 Market Opportunities
5.3.1 Growth of Ceramics Industry
5.4 Future Trends
5.4.1 Growing Demand for Plastics in Automotive Industry
5.5 Impact Analysis
6. Talc Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Talc Market Revenue (US$ Million)
6.2 Middle East & Africa Talc Market Volume (Kilo tons)
6.3 Middle East & Africa Talc Market Forecast and Analysis
7. Middle East & Africa Talc Market Analysis – Type
7.1 Talc Chlorite
7.1.1 Overview
7.1.2 Talc Chlorite Market Revenue and Forecast to 2030 (US$ Million)
7.1.3 Talc Chlorite Market Volume and Forecast to 2030 (Kilo tons)
7.2 Talc Carbonate
7.2.1 Overview
7.2.2 Talc Carbonate Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Talc Carbonate Market Volume and Forecast to 2030 (Kilo tons)
8. Middle East & Africa Talc Market Analysis – Application
8.1 Plastics
8.1.1 Overview
8.1.2 Plastics Market Revenue and Forecast to 2030 (US$ Million)
8.2 Pulp and Paper
8.2.1 Overview
8.2.2 Pulp and Paper Market Revenue and Forecast to 2030 (US$ Million)
8.3 Ceramics
8.3.1 Overview
8.3.2 Ceramics Market Revenue and Forecast to 2030 (US$ Million)
8.4 Paints and Coatings
8.4.1 Overview
8.4.2 Paints and Coatings Market Revenue and Forecast to 2030 (US$ Million)
8.5 Rubber
8.5.1 Overview
8.5.2 Rubber Market Revenue and Forecast to 2030 (US$ Million)
8.6 Pharmaceuticals
8.6.1 Overview
8.6.2 Pharmaceuticals Market Revenue and Forecast to 2030 (US$ Million)
8.7 Food
8.7.1 Overview
8.7.2 Food Market Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Talc Market – Country Analysis
9.1 Middle East and Africa
9.1.1 Middle East and Africa Talc Market Overview
9.1.2 Middle East and Africa Talc Market, By Key Country – Revenue 2022 (US$ Million)
9.1.3 Middle East and Africa Talc Market Revenue and Forecasts and Analysis – By Countries
9.1.3.1 Middle East and Africa Talc Market Breakdown by Country
9.1.3.2 South Africa Talc Market Revenue and Forecasts to 2030 (US$ Million)
9.1.3.3 South Africa Talc Market Volume and Forecasts to 2030 (Kilo tons)
9.1.3.3.1 South Africa Talc Market Breakdown by Type
9.1.3.3.2 South Africa Talc Market Breakdown by Application
9.1.3.4 Saudi Arabia Talc Market Revenue and Forecasts to 2030 (US$ Million)
9.1.3.5 Saudi Arabia Talc Market Volume and Forecasts to 2030 (Kilo tons)
9.1.3.5.1 Saudi Arabia Talc Market Breakdown by Type
9.1.3.5.2 Saudi Arabia Talc Market Breakdown by Application
9.1.3.6 UAE Talc Market Revenue and Forecasts to 2030 (US$ Million)
9.1.3.7 UAE Talc Market Volume and Forecasts to 2030 (Kilo tons)
9.1.3.7.1 UAE Talc Market Breakdown by Type
9.1.3.7.2 UAE Talc Market Breakdown by Application
9.1.3.8 Rest of Middle East & Africa Talc Market Revenue and Forecasts to 2030 (US$ Million)
9.1.3.9 Rest of Middle East & Africa Talc Market Volume and Forecasts to 2030 (Kilo tons)
9.1.3.9.1 Rest of Middle East & Africa Talc Market Breakdown by Type
9.1.3.9.2 Rest of Middle East & Africa Talc Market Breakdown by Application
10. Industry Landscape
10.1 Overview
10.2 Merger and Acquisition
10.3 Other Business Strategies
11. Company Profiles
11.1 Elementis Plc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Golcha Minerals Pvt Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Imerys SA
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Liaoning Aihai Talc Co Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Minerals Technologies Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 SCR-Sibelco NV
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
LIST OF TABLES
Table 2. Middle East & Africa Talc Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Middle East & Africa Talc Market Volume and Forecasts to 2030 (Kilo tons)
Table 4. Middle East & Africa Talc Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 5. Middle East & Africa Talc Market Volume and Forecasts to 2030 (Kilo tons) – Type
Table 6. Middle East & Africa Talc Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 7. South Africa Talc Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 8. South Africa Talc Market Volume and Forecasts to 2030 (Kilo tons) – By Type
Table 9. South Africa Talc Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 10. Saudi Arabia Talc Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 11. Saudi Arabia Talc Market Volume and Forecasts to 2030 (Kilo tons) – By Type
Table 12. Saudi Arabia Talc Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 13. UAE Talc Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 14. UAE Talc Market Volume and Forecasts to 2030 (Kilo tons) – By Type
Table 15. UAE Talc Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 16. Rest of Middle East & Africa Talc Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 17. Rest of Middle East & Africa Talc Market Volume and Forecasts to 2030 (Kilo tons) – By Type
Table 18. Rest of Middle East & Africa Talc Market Revenue and Forecasts to 2030 (US$ Million) – By Application
LIST OF FIGURES
Figure 2. Talc Market – Porter’s Five Forces Analysis
Figure 3. Ecosystem: Middle East & Africa Talc Market
Figure 4. Market Dynamics: Middle East & Africa Talc Market
Figure 5. Middle East & Africa Talc Market Impact Analysis of Drivers and Restraints
Figure 6. Middle East & Africa Talc Market Revenue (US$ Million), 2020 – 2030
Figure 7. Middle East & Africa Talc Market Volume (Kilo tons), 2020 – 2030
Figure 8. Middle East & Africa Talc Market Share (%) – Type, 2022 and 2030
Figure 9. Talc Chlorite Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Talc Chlorite Market Volume and Forecasts to 2030 (Kilo tons)
Figure 11. Talc Carbonate Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Talc Carbonate Market Volume and Forecasts to 2030 (Kilo tons)
Figure 13. Middle East & Africa Talc Market Share (%) – Application, 2022 and 2030
Figure 14. Plastics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Pulp and Paper Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Ceramics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Paints and Coatings Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Rubber Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Pharmaceuticals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Food Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Middle East and Africa Talc Market, By Key Country – Revenue 2022 (US$ Million)
Figure 23. Middle East and Africa Talc Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. South Africa Talc Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. South Africa Talc Market Volume and Forecasts to 2030 (Kilo tons)
Figure 26. Saudi Arabia Talc Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27. Saudi Arabia Talc Market Volume and Forecasts to 2030 (Kilo tons)
Figure 28. UAE Talc Market Revenue and Forecasts to 2030 (US$ Million)
Figure 29. UAE Talc Market Volume and Forecasts to 2030 (Kilo tons)
Figure 30. Rest of Middle East & Africa Talc Market Revenue and Forecasts to 2030 (US$ Million)
Figure 31. Rest of Middle East & Africa Talc Market Volume and Forecasts to 2030 (Kilo tons)
1. Elementis Plc
2. Golcha Minerals Pvt Ltd
3. Imerys SA
4. Liaoning Aihai Talc Co Ltd
5. Minerals Technologies Inc
6. SCR-Sibelco NV
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