Lucintel Forecasts the Global Wollastonite Powder Market to Reach $546 million by 2030
Lucintel Forecasts the Global Wollastonite Powder Market to Reach $546 million by 2030
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According to a market report by Lucintel, the future of the global wollastonite powder market looks promising with opportunities in the ceramic, construction, paint, and metallurgy markets. The global wollastonite powder market is expected to reach an estimated $546 million by 2030 from $304.9 million in 2024, at a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are wollastonite is becoming well-known as an affordable whiteware and ceramic reinforcing material, rising applicability in plastics, and rubber applications, along with the increasing global construction activity.
A more than 150-page report to understand trends, opportunity and forecast in wollastonite powder market to 2030 by type (acicular wollastonite powder and ultrafine wollastonite powder), application (ceramics, construction, paints, metallurgy, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, acicular wollastonite powder segment is expected to witness higher growth over the forecast period because it is frequently used as a reinforcing filler in polymer and plastic compositions, and its needle-like structure aids in enhancing plastic productsÄX%$%X mechanical qualities, including tensile strength, impact resistance, and dimensional stability.
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In terms of regions, APAC will remain the largest region over the forecast period due to increasing product demand from the regionÄX%$%Xs different end-use sectors, including metallurgy, ceramics, polymers, paints & coatings, and friction goods.
Kinder Morgan, Wolkem, R.T. Vanderbilt Holding Company, Changxing Earth New Type of Material, Nordkalk, Jilin Shanwei Wollastonite Mining, Imerys, Canadian Wollastonite are the major suppliers in the wollastonite powder market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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