India kaolin market to reach USD 146.6 million by 2033, driven by growing demand from construction and e-commerce sectors

The kaolin industry share in India is expected to reach a valuation of USD 95.3 Mn in 2023, driven by increasing government investments and support. This trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.4% during 2023-2033 and reaching a total valuation of around USD 146.6 Mn by 2033.

The construction sector in India is witnessing remarkable growth, driven by urbanization, commercial development, and government initiatives such as social housing programs. Kaolin plays a key role in the production of paints, coatings, adhesives, and sealants, making it an indispensable component in the construction industry. The increasing demand for these construction materials is expected to drive the growth of the kaolin market.

One of the major factors driving the growth of the kaolin market in India is the increasing industrialization and infrastructure development. Rapid industrialization in India and infrastructure development are significant catalysts for the growth of the kaolin market. The demand for kaolin as a raw material for paints, coatings, adhesives, and construction materials is expected to increase, with the ongoing initiatives like “Make in India” and extensive investments in sectors like construction, manufacturing, and automotive.

The paper and packaging industry in India is witnessing significant growth due to the growth of e-commerce, food delivery services and education sector. Kaolin serves as a filler and coating material in the paper industry, enhancing its strength, printability and brightness. The kaolin market is expected to benefit from the growing paper and packaging sector, with increasing demand for paper products.

The shift in preference towards organic and natural products is another factor that is expected to have a significant impact on the market growth. In recent years, there has been a noticeable shift in consumer preference towards organic and natural products. Kaolin, a naturally occurring mineral, fits well into this trend. It is considered a safe and sustainable ingredient in various formulations of organic and natural products. The demand for kaolin in cosmetics, personal care and pharmaceutical products is expected to grow significantly as consumers increasingly look for eco-friendly alternatives.

Another factor contributing to the market growth is the growing ceramic industry. The wide application of kaolin in the ceramic industry is another major growth factor. Kaolin is an essential ingredient in the production of ceramics, including tableware, sanitary ware, building tiles, and decorative items, due to its properties such as whiteness, fine particle size, and plasticity. The growing demand for ceramics in domestic and international markets will drive the demand for kaolin, contributing to the market expansion.

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Key findings from the market research

As of the end of 2022, the value of the Indian kaolin market was estimated at USD 91.3 million.
During 2018–2022, market demand grew at a CAGR of 2.4%.
North India is expected to be the dominant CAGR driver throughout the forecast period.
Based on product type, the raw kaolin segment is estimated to achieve a compound annual growth rate (CAGR) of 4.3% in 2033.
Considering end use, the cement segment is projected to dominate the market with a compound annual growth rate (CAGR) of 4.2% in 2033.
The Indian kaolin market is expected to grow at a compound annual growth rate (CAGR) of 4.4% during 2023-2033.
The market value of Indian kaolin is expected to reach USD 146.6 million by 2033.

Rising construction and infrastructure activities across the country is the major factor that is likely to drive the growth of the kaolin market in India in the near future, notes the FMI analyst.

Competitive Landscape

The major players in the kaolin market in India are:

EICL Limited
MLA Industry Group
Minerals Prash
M/S Garg Minerals and Chemicals
Ashok Mineral Enterprises
Ashapura China Clay Co. LLP
Shree Ram Minerals
Srinath Enterprises
Mona Exim Inc.
Vulcan Ceramics Co. Pvt. Ltd.
Kalpana Minerals Pvt. Ltd
20 Microns Sp.
Kerela Ceramics Ltd
Minerals and industries Sudarshan

Recent events

In 2023, Tata Chemicals Ltd. announced the launch of a new range of high-performance kaolin products with enhanced properties for applications in the ceramics, paints, coatings and rubber industries. The new range of products aims to meet the evolving needs of customers and provide innovative solutions.
In 2022, GHCL Ltd. invested in R&D to enhance the quality and properties of its kaolin products. The company focused on developing customized kaolin formulations tailored to specific industry requirements, further strengthening its position as a leading supplier in the market.

More valuable insights available

Future Market Insights offers an unbiased analysis of the Kaolin market in India, providing historical data from 2018 to 2022 and statistical forecasts from 2023 to 2033.

To understand the opportunities in the Indian kaolin market, the market has been segmented based on product type (raw, calcined, hydrated, surface-modified, exfoliated and bulk kaolin), by end use (cement, ceramics and sanitary ware, paints and coatings, paper and glass, pesticides and refractories and others) across four major regions (North India, South India, East India and West India).

Key segments profiled in the kaolin market in India

By product type:

Raw kaolin
Calcined
Aqueous
Modified surface
Stratified
Lewiged

By end use:

Cement
Ceramics and Sanitary
Paints and coatings
Paper and glass
Pesticides and refractory materials
Others

By region:

North India
South India
East India
West Indies

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner and member of the Greater New York Chamber of Commerce) offers in-depth insights into the factors driving market demand. FMI is a leading global provider of market intelligence, advisory services, consulting and events for the packaging, food and beverage, consumer technology, healthcare, industrial and chemical markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional and local expertise on various industry disciplines and trends in over 110 countries.

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