PUBLISHER: The Insight Partners | PRODUCT CODE: 1510770
PUBLISHER: The Insight Partners | PRODUCT CODE: 1510770
The Middle East & Africa talc market is expected to grow from US$ 94.48 million in 2022 to US$ 119.46 million by 2030. It is estimated to grow at a CAGR of 3.0% from 2022 to 2030.
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.