According to the report titled ‘Global Kaolin Market Size study with COVID-19 Impact, by Source (Natural and Synthetic), by Grade (Calcined, Hydrous, Delaminated, Surface Treated and Structured), by End Use Industry (Paper, Ceramics, Paints & Coatings, Rubber, Pharmaceuticals and Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global kaolin market was worth USD 2.9 billion in 2019 and is expected to grow with a CAGR of 5.5% during 2020-2027.
 

Growing construction sector and surging demand for the product from several end-use industries are the key factors driving the growth of global kaolin market. According to Statista, commercial construction sector in the United States reached USD 89.52 billion in 2018, which was worth USD 40.1 billion in the year 2010.
 

For those uninitiated, kaolin or Chinese clay is a white, plastic clay, which is rich in kaolinite material and is used as a raw material for manufacturing ceramic tiles. It is naturally available and can also be produced in the laboratories synthetically.
 

Kaolin finds applications in coatings & pigments, extender, filler, on account of its plasticity and white color. Widespread product usage in pharmaceutical sector to control cholera, mild to moderate diarrhea, and stop bleeding from the wounds is also stimulating global kaolin industry outlook.
 

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Moreover, rising advancements as well as planned alliance by leading organizations is fueling global kaolin market expansion. Citing an instance, 20 MICRONS Ltd., a firm based in India, entered into a partnership with DORFNER GmbH in the year 2019, in an effort to distribute kaolin products in Europe, facilitating the business scenario.
 

The outbreak of COVID-19 has a negative impact on global kaolin market forecasts due to temporary shutdown imposed on manufacturing sectors which has disrupted supply operations and compelled employees to work from home. Besides, availability of substitutes in paper industry is likely to hamper the industry expansion over the forecast timespan.
 

Based on source, worldwide kaolin market is divided into synthetic and natural. Speaking of grade type, the industry is bifurcated into structured, surface treated, delaminated, hydrous, and calcined. In terms of end-use scope, the market is split into pharmaceuticals, rubber, paints & coatings, ceramics, paper, and others.
 

Citing the regional landscape, worldwide kaolin industry sphere is segmented into North America, Asia Pacific, Europe, Latin America, and Rest of the World. The report claims that Asia Pacific presently accounts for substantial market share and is projected to expand further over the assessment period, on account of surging demand from end use industries.
 

Major contenders impacting global kaolin market dynamics are Thiele Kaolin Company, Minotaur Exploration Limited, 20 MICRONS Limited Company, Kamin LLC, W. R. Grace & Co., SCR Sibelco N.V., EICL Limited (English Indian Clays Limited), Ashapura Group, BASF SE, and Imerys S.A.