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Indian Talc Market | Covid-19 Impact Analysis
Indian Talc Market is Segmented by Deposit Type (Talc Chlorite, Talc Carbonate, and Others), by Application (Pulp & Paper, Cosmetics, Plastics, Ceramics, Paints & Coatings, Pharmaceuticals, Food, and Others), and by Region (North India, West India, South India, and East India)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Indian talc market offers a healthy growth opportunity in the entire ecosystem of the market over the next five years. In India, talc is used for a wide array of applications owing to its excellent properties, such as resistance to heat, electricity, acids, oil, and grease adsorption. Excellent properties of talc, increasing plastics content in the Indian automotive industry, and growing demand for paint & coatings in both residential as well as commercial construction are the major factors that are driving the Indian talc market.
The Indian talc market is segmented based on the deposit type as Talc Chlorite, Talc Carbonate, and Others. Talc carbonate is likely to witness the highest growth in the Indian talc market over the next five years, driven by its availability, high talc content, and excellent purity.
Based on the application type, the Indian talc market is segmented into Pulp & Paper, Cosmetics, Plastics, Ceramics, Paints & Coatings, Pharmaceuticals, Food, and Others. Plastics, pulp & paper, and paints & coatings are the major markets for talc in India. All these three application segments are projected to remain dominant over the next five years, driven by increasing demand for reinforcing fillers.
Based on the regions, the Indian talc market is segmented into North India, West India, South India, and East India. North India and West India are the growth engines of the Indian talc market, owing to the availability of huge reserves in these regions. Uttarakhand and Rajasthan are the major states in these regions that contain huge reserves of talc.
The Indian talc market is highly consolidated with the presence of a finite number of players which are catering the demand from a wide array of end-use industries. The key players in the Indian talc market are Golcha Minerals, Golcha Associated, Imerys Ceramics India Private Limited, Nalwaya Mineral Industries Pvt. Ltd., Khaitan Industries, Katyar Mining & Industrial Corporation, and Vaaidehi Minerals.
For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.
Trend & Forecast Period
North India, South India, East India, West India
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The market is segmented in the following ways:
This report, from Stratview Research, studies the Indian talc market over the trend period of 2014 to 2019 and the forecast period of 2020 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Golcha Minerals, Golcha Associated, Imerys Ceramics India Private Limited, Nalwaya Mineral Industries Pvt. Ltd., Khaitan Industries, Katyar Mining & Industrial Corporation, and Vaaidehi Minerals. are among the key players in the Indian talc market.
North India and West India are the growth engines of the Indian talc market, owing to the availability of huge reserves in these regions.
Plastics, pulp & paper, and paints & coatings segments are expected to remain dominant application in the Indian Talc Market.
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