Global Talc Alternative Market, By Deposit (Talc Chlorite and Talc Carbonate), By End-user Industry (Pulp and Paper, Paints and Coatings, Plastics and Rubber, Food and Beverage, Personal Care, Pharmaceuticals, and Other End-user Industries) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI482121 | Publish Date: December 2023 | No. of Pages: 175

Global Talc Alternative Market Overview

Talc is a powder that absorbs moisture and odor while also acting as a lubricant and astringent on the skin. People's perceptions of talc have shifted in recent years as a result of lawsuits against talc manufacturers such as Johnson & Johnson over their use of asbestos in talcum powder, which has had a significant influence on the talc business. Talc has also been known to be carcinogenic and even toxic if inhaled or swallowed; as a result, the use of talc has been more regulated. With this in mind, companies have begun to produce talc substitutes using natural ingredients such as corn starch, arrowroot powder, and silica, among others. These talc alternatives not only fulfill the demands regarding talc but also add their own benefits. For e.g., corn starch is softer than talc; baking soda can better deodorize the air, etc. The Global Talc Alternative Market accounted for US$ 2.90 billion in 2020 and is estimated to be US$ 4.47 billion by 2030 and is anticipated to register a CAGR of 4.50%.

Global Talc Alternative Market Dynamics

Growing population and disposable income of emerging economies' middle classes will drive the growth of the Market

Vehicle manufacturers have been replacing metal components in autos with plastic and composite parts due to continuous developments in automotive technology and rising demand for lightweight automobile parts. Vehicles with lightweight plastic and composite parts have a lower overall weight, which improves their fuel efficiency. The talc-reinforced polypropylene used in these lightweight plastic parts improves their performance and durability. Talc also has good abrasion and corrosion resistance. Moreover, over the forecast period, the increasing automotive refinish market and the thriving OEM components market for the automotive industry are likely to propel the talc market globally. Talc is utilised in a variety of end-use industries for a variety of applications, and rapid industrialization in rising economies such as Thailand, Malaysia, Mexico, Brazil, Argentina, Russia, South Africa, China, and India is driving the growth of the talc market. The growing population and disposable income of emerging economies' middle classes has resulted in increased demand for a variety of consumer goods, including cosmetics, ceramics, automotive plastic parts, and pharmaceuticals, which is propelling the talc market forward. Other factors driving the growth of the talc market include the rising industrial and services sectors in emerging economies.

Global Talc Alternative Market Segmentation

 

                    Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The Global Talc Alternative Market is segmented based on deposit, end-user and region.

On the basis of Deposit, the Global Talc Alternative Market is segmented into Talc Chlorite and Talc Carbonate. Based on End-User, the target market is segmented into Pulp and Paper, Paints and Coatings, Plastics and Rubber, Food and Beverage, Personal Care, Pharmaceuticals, and Other End-user Industries.

Regional Insights:

 

                                            Source: Prophecy Market Insights

                                 

On region the Global Talc Alternative Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. With increased demand from nations like China, India, and Japan, the Asia-Pacific region controlled the global market share. China has sizable plastics industry that relies on a steady supply of talc to operate. Talc is found in 15 Chinese provinces, with Liaoning, Shandong, Guangxi, Jiangxi, and Qinghai accounting for more than 90% of total deposits. China stopped producing its own pulp, resulting in an increase in pulp pricing, which is likely to slow the development of talc use in the country's pulp and paper industry. India is one of the few countries with reserves of white talc. Talc deposits may be found all across the country. The majority of white talc produced is consumed within the country. The state of Rajasthan produces the majority of commercial talc. The country's two largest talc producers (Golcha Group and Golcha Associated) are situated in Jaipur, Rajasthan, and supply talc of exceptional grades to the cosmetics and polymer industries. In addition to these large-scale producers, the country contains a number of small-scale producers who make standard or low-quality grades. Despite the fact that India's pulp and paper market is expanding at roughly 6-7 percent per year, the industry has seen a reduction in production over the last three years, according to the IPMA (Indian Paper Manufacturers Association). Consumption, on the other hand, has been steadily increasing.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Deposit- Talc Chlorite, Talc Carbonate

By End-User– Pulp and Paper, Paints and Coatings, Plastics and Rubber, Food and Beverage, Personal Care, Pharmaceuticals, and Other End-user Industries

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Talc Alternative Market report based on Deposit, End-User and region.

Global Talc Alternative Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Talc Alternative Market Key Players

The key players operating in the talc alternative market are Imerys (France), Mondo Minerals (Netherlands), Minerals Technologies (US), IMI Fabi (Italy), Golcha Minerals (India), and Nippon Talc (Japan), among others. These companies focus on enhancing their product portfolios to grow in the talc market

Global Talc Alternative Market Company Profile

  • Imerys
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mondo Minerals
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Minerals Technologies
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • IMI Fabi
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Golcha Minerals
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nippon Talc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Talc Alternative Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Deposit
    • Market Snippet, By End-user Industry
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Talc Alternative Market, By Deposit, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Talc Chlorite
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Talc Carbonate
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Talc Alternative Market, By End-user Industry, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Pulp and Paper 
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Paints and Coatings
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Plastics and Rubber
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Food and Beverage
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Personal Care
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pharmaceuticals
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Other End-user Industries
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Talc Alternative Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Deposit, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Deposit, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Deposit, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Deposit, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Deposit, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Imerys
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mondo Minerals
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Minerals Technologies
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • IMI Fabi
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Golcha Minerals
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nippon Talc  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • among
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Global Talc Alternative Market is segmented based on deposit, end-user and region.

Growing population and disposable income of emerging economies' middle classes is major factor driving the market.

During the forecast period, Asia-Pacific is expected to dominate the market.

The key players operating in the talc alternative market are Imerys (France), Mondo Minerals (Netherlands), Minerals Technologies (US), IMI Fabi (Italy), Golcha Minerals (India), and Nippon Talc (Japan), among others.