According to our latest market study on “Halloysite Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Application (Medical, Cosmetic, Ceramics, Polymer, Paints and Coatings, and Others),’’ the halloysite market size is expected to grow from US$ 39.64 million in 2021 to US$ 58.88 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2021 to 2028.
Check for the sample here - https://www.theinsightpartners.com/sample/TIPRE00026315/
The mineral halloysite is an essential component of the kaolin subgroup. Producers of ceramic dinnerware are in great demand for it because of its excellent whiteness, high aspect ratio, and nano-sized structure. Halloysite market expansion is driven by the booming cosmetic and medical sectors as well as the end-use industries that are expanding quickly. Future chances for the expansion of the halloysite market could also come from the vast range of applications and the finding of new deposits. One of the key market trends for halloysite that is driving the growth of the halloysite market is the increasing use of nanomaterials in the medical sector. Furthermore, the development of the halloysite market may be slightly constrained by strict regulatory standards for the mining and extraction of halloysite material.
The final report will add the analysis of the Impact of Covid-19 in this report Halloysite Market.
The COVID-19 pandemic has had a detrimental effect on the world halloysite market because of the closure of manufacturing facilities, the increase in raw material prices, the manpower shortage, the disruption of supply chains, and the state of the economy. The industries that were most significantly damaged by the pandemic, including construction, paints and coatings, cosmetics, and construction, are those that utilise halloysite the most. Therefore, a considerable decrease in residential construction projects as a result of the financial crisis and a dropping trend from end-use sectors as a result of the pandemic have seriously hindered the market's growth.
Some of the companies competing in The Halloysite Market are
- American Elements
- APPLIED MINERALS INC.
- Imerys S.A.
- I-Minerals Inc.
- MERCK KGaA
- Otto Chemie Pvt. Ltd.
- Nanoshel LLC
- Phantom Plastics
- Northstar Clay Mines LLC
- Esan
In the cosmetic, medicinal, polymer, and ceramic sectors, halloysite is frequently employed. Most commonly, it is utilised in ceramic, paint, and cement goods that are furthermore utilised in the building and construction sector. Most commonly, halloysite is employed as a carrier in pharmaceuticals and cosmetics, as a filler in plastics, especially PVC, and as a suspension agent in paints, inks, and filters. Additionally, the halloysite is employed in the medical sector for a number of purposes, including bone implants, dental fillings, tissue engineering, wound healing, medication delivery systems, release systems, and tissue scaffolds. It is a hollow tube-like structure that can be filled with a range of active chemicals, such as those utilised in cosmetics, home goods, and personal care items. the extensive application potential across numerous industries.
ABOUT US:
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact US:
If you have any queries about this report or would like further information, please contact us:
North America: +1 646 491 9876
Asia-Pacific: +91 20 6727 8686
Email: sales@theinsightpartners.com
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek