Market Analysis Report U.S. Kaolin Market | Page 2

Your Catalyst to a Lucrative Business Technological advancements in the process of manufacturing plastics have resulted in the incorporation of numerous additives including fillers such as kaolin. Increasing production of plastics is expected to augment the demand for kaolin over the forecast period. The segment is projected to grow at a volume CAGR of 5.3% over the projected period. The U.S. plastic production increased from 108,183 million pounds in 2014 to 110,781 million pounds in 2015. Infrastructure development and growth of the manufacturing sector is expected to augment the demand for plastics, thereby bolstering the expansion of the kaolin industry. The market is characterized by frequent changes in prices primarily due to volatile product demand as well as a rise in production costs. Demand plays a significant role in determining the price cap of the product, as bulk production assists in lowering costs. However, volatile movement of the paper, and oil & gas markets have been resulting in adversely impacting the profit margins of manufacturers. Imerys, KaMin, Thiele Kaolin and BASF are some of the prominent players within the U.S. industry. Other leading vendors include Advanced Primary Minerals Corp., Active Minerals International, Vanderbilt Minerals, LLC, and Lhoist Group. Hexa Research has segmented the U.S. kaolin market based on application: Segmentation By Application, 2014 - 2024 (Kilo Tons) (USD Million) • Paper • Ceramics • Fiberglass • Paints & adhesives • Rubber • Plastics • Cement • Others Key players analyzed: • Thiele Kaolin • BASF SE • Imerys SA • Advanced Primary Minerals Corp. • KaMin LLC • Active Minerals International • Vanderbilt Minerals, LLC • Lhoist Group Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/bulk-chemicals- industry Follow Us: