Global Halloysite Revenue Increased From 19.71 Million USD In 2013 To 22.19 Million USD In 2017
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Halloysite is a natural nanosized tubular clay mineral that has many potentially important uses in different industrial fields. Major applications of halloysite include fine china and porcelain, catalyst and plastics additive etc. Fine china and porcelain is the largest traditional application, which consumed 15070 tonnes halloysite in 2017. Catalyst is another traditional application of halloysite, which it was gradually superseded by newer technology.
Threated by limited mineral resource, global halloysite suppliers are not too much. Global famous suppliers include Imerys Ceramic, Applied Minerals, I-Minerals, Eczac?ba?? Esan, PTH Intermark and Bijie Guochuang. Imerys Ceramic, which based in New Zealand, is the global leader in halloysite industry. Market concentration in this industry is high and top three suppliers account for 81.21% of global total revenue in 2017.
Regionally, halloysite production site are mainly distributed in four regions, such as North America, Europe, Oceania and China. In 2017, Oceania is the largest production region, with revenue of 14.18 million USD. Europe is the second largest sales region.
During past five years, global total halloysite consumption is increasing from 23794 tonnes in 2013 to 24992 tonnes in 2017, with a CAGR of 1.24%. Global revenue also increased from 19.71 million USD in 2013 to 22.19 million USD in 2017.
Since halloysite is a natural nano material, halloysite nanotube has a bright future. Driven by increasing downstream demand, global halloysite consumption will increase. By 2024, we predict that global total consumption will be 41413 tonnes.