Halloysite Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2031


Posted May 28, 2024 by mansi3210

Global halloysite market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031).

 
Global halloysite market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). A major factor supporting the growth of the market is the usage of halloysite in coating applications is growing in popularity due to its unique properties that enhance coating performance and existence. Halloysite is an excellent filler for reinforcement in coatings due to its wide surface area and aspect ratio, which provides improved mechanical strength, scratch resistance, and barrier characteristics. Additionally, halloysite's tubular structure makes it easier to encapsulate and release active compounds in a regulated way, such as corrosion inhibitors or antibacterial agents, increasing the efficacy of protective coatings.

For instance, in 2023, Applied Minerals, Inc., a top manufacturer of halloysite clay products for high-value industrial applications, got a fresh acquired order for 40,000 pounds of its DRAGONITE halloysite clay product from a client. The customer just commercialized a coating application and will utilize the amount bought to sell them. The management is still committed to growing its customer base and acquiring new clients for its DRAGONITE halloysite clay sales.

Furthermore, the rapid development of nanotechnology has created new applications for halloysite, especially in the creation of halloysite nanotubes (HNTs). Due to their distinctive features, which include their high aspect ratio, tubular shape, and large surface area, these nanotubes may be used for a variety of objectives, including medication delivery, catalysis, and reinforcement in composite materials. Halloysite demand is anticipated to soar as a result of ongoing studies into the potential applications of HNTs in a variety of sectors, driving market expansion. For instance, in 2022 Ionic Mineral Technologies, a US-based company that specializes in innovative battery materials technology has quietly introduced Ionisil, a nano-silicon made from halloysite that might replace graphite in lithium-based batteries. Nano-silicon has the potential to significantly increase the range and speed of charging for electric vehicles (EVs). The company states that it is in charge of the world's biggest high-purity deposit of halloysite, an aluminum silicate clay (Al2Si2O5(OH)4) with a naturally occurring nanotubular structure.

To Request a Sample of our Report on Halloysite Market: https://www.omrglobal.com/request-sample/halloysite-market 

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Applied Minerals, Inc., Imerys, I-Minerals Inc., and Northstar Clay Mines LLC, among others.

Halloysite Market Report Segment

By Type

Pure Halloysite    
Hybrids Halloysite

By Application

Medical    
Cosmetics   
Ceramics     
Polymers     
Cement     
Paints

A full Report of Halloysite Market is Available @  https://www.omrglobal.com/industry-reports/halloysite-market

Halloysite Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

AMCOL Corporation
American Elements  
Ashapura Group
BASF SE   
Clariant
CVC Capital Partners
Daleco Resources Corporation
Intermark Group
Living Nature (US)     
MERCK KGaA 
Nanoshel LLC      
Otto Chemie Pvt. Ltd.       
Phantom Plastics    
Quarzwerke Gmbh
Reade International Corporation   
Refractron Technologies Corporation
Rimera Group  
Sachtleben Mine GmbH
Toyota Tsusho Corporation

Reasons to buy from us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/halloysite-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Categories Business , Industry , Manufacturing
Last Updated May 28, 2024