Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Wollastonite Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Wollastonite Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Wollastonite
Market over the short as well
as long period of time. A detailed presentation of forecast, trends, and dollar
values of global Wollastonite Market is offered. In accordance with the report, the global
Wollastonite Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints
& Opportunity of the Market:
Wollastonite also called calcium inosilicate mineral is a compound
of calcium, silicon and oxygen. Wollastonite is gaining importance in various
industries such as plastics, construction, automobile etc owing to its
properties. Wollastonite show properties such as fire resistance, low
electrical conductivity, and high dimensional stability, making it an excellent
additive for building & construction industry as well as paints &
coating industries. Moreover, low water solubility and loss on ignition owing
to its Ca-Si ratio makes it a good additive for metallurgical applications.
Wollastonite is
a natural occurring mineral which is formed when limestone or dolostone undergo
high pressure and temperature changes, sometimes in the presence of
silicabearing fluids, as in skarns or contact metamorphic rocks.
Growth of Wollastonite Market is
being propelled by rapid growth of various end-use industries worldwide
Ø
Automobile production in BRIC countries is expected to increase at a
CAGR of 7% to 9% over the forecast period. Wollastonite is used to develop
automobile under-the-hood parts, dashboard and interior trim and also in brakes.
Use of Wollastonite in automobile parts helps in improving enhance stiffness,
weight reduction, improve dimensional stability and allowing downgauging
Ø Rapid urbanization across the globe coupled with
increasing concern of greenhouse gas emission is expected to boost the
consumption of Wollastonite.
As per United Nation statistics (2018), 55% of the
total global population lived in urban areas, which is expected to increase to
68% by 2050
Ø Global construction output is forecasted
to increase at high growth CAGR of 5% to 7% over the forecast period.
Ø The aforementioned factors are
cumulatively expected to surge demand for Wollastonite during the forecast
period
Surge in growth of end-use of
plastics is expect to create a lucrative opportunity for Wollastonite market
over the forecast period. Wollastonite finds application in manufacturing
of plastics as it helps in enhancing durability, offers electrical insulating
properties, fire resistance, etc
Growing population globally is
expected to increase the consumption of food, resulting in increase the demand
for food. As per Harvard Business Review, food demand is expected to increase
in between 59% to 98% by 2050
The aforementioned factors allow for
supplier consolidation. This, together
with rising demand for Wollastonite leads to higher profit margins for players
in the Wollastonite Market.
Segment Covered:
This market
intelligence report on the global Wollastonite Market encompasses market segments based on application,
product type, aspect ratio,industry and country.
By Application
the global Wollastonite Market has been divided into:
·
Polymer
·
Ceramics
·
Paints and
Coatings
·
Metallurgy
·
Others
By Product
Type the global Wollastonite Market has been divided into:
·
Natural
·
Synthetic
By
Aspect Ratio the global Wollastonite Market has been divided into:
·
High Aspect Ratio
·
Low Aspect Ratio
By
Industry the global Wollastonite Market has been divided into:
·
Automotive
·
Building and
Construction
·
Industrial
·
Electrical and
Electronics
·
Others
By country/region,
the global Wollastonite Market has been divided into:
·
North America
(the U.S., Canada),
·
Latin America
(Brazil, Mexico, Argentina and other countries),
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries),
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries),
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
·
Imerys (NYCO)
·
Wolkem
·
Lishu Dadingshan
Wollastonite
·
Hulan
Wollastonite
·
Jilin Shanwei
·
R.T Vanderbilt
Holding
·
Nordkalk
·
Others
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Wollastonite Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Wollastonite
Market, size of the market (US$ Mn ), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking
into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Wollastonite Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Wollastonite caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Wollastonite
Market. The research also caters to the rising needs
of consulting and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Wollastonite Market
v
Identification
of key factors driving investment opportunities in the Wollastonite
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants