Halloysite Market - Forecast(2023 - 2028)

Report Code: CMR 27829 Report Format: PDF + Excel

Halloysite Market Overview

Halloysite Market size is expected to be valued at US$58.3 million by the end of the year 2027 and is set to grow at a CAGR of 6.9% during the forecast period from 2022-2027. Halloysite is a clay mineral that is often found intermixed with kaolinite, montmorillonite and aluminosilicate minerals. Halloysite is majorly used in the production of houseware items made from ceramic, porcelain and fine China. Therefore, it is majorly used in the production of ceramics. Halloysite nanotubes are also commonly used in the medical industry and laboratories owing to the various advantages provided by halloysite nanotubes such as natural availability, strength and resistance. Halloysite nanotubes are also used for controlled release of fertilizers such as insecticides, pesticides and others. Halloysite nanotubes are also majorly used in the food packaging industry. Therefore, the growth of the industries such as agriculture industry, healthcare industry and pharmaceutical industry is driving the growth of the halloysite market.

COVID-19 impact

Amid the Covid-19 pandemic, the halloysite market was hugely affected owing to the various legal and economic restrictions laid by governments across the world. Any movements including the movement of people and goods were banned fearing the spread of the coronavirus. This hugely impacted the halloysite market, as the sales crashed down due to the exponential decrease in demand. However, the halloysite market saw a considerable amount of growth owing to the increase in demand from the healthcare and pharmaceutical industry. The situation is further set to improve by the year ending 2021 and the halloysite market is expected to grow.

Report Coverage

The report: “Halloysite Market – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Halloysite Industry.

By Application: Medical Tubes, Ceramics, Polymers, Cements, Porcelain, Cosmetics, Paint and coatings and Others.
By End-Use Industry: Healthcare Industry, Personal Care Industry, Agriculture Industry, Pharmaceutical Industry, Packaging, Building and Construction and Others.
By Geography: North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, France, Netherlands, Belgium Spain, Russia and Rest of Europe), APAC (China, Japan India, South Korea, Australia, New Zealand, Indonesia, Taiwan, Malaysia), South America (Brazil, Argentina, Colombia, Chile and Rest of South America) and RoW (Middle East and Africa).  

Key Takeaways

  • Asia-Pacific market held the largest share in the halloysite market owing to increase in demand from the cosmetics industry from countries like China, India, Japan and South Korea.
  • The increase in demand from the ceramic and glass industry for the production of dishware and other household products is majorly driving the halloysite market.
  • The increase in demand from the building and construction industry is also driving the demand for halloysite market.
  • Amid the Covid-19 pandemic, the halloysite market witnessed slow growth owing to the ongoing covid-19 pandemic.

    Figure: APAC Halloysite Market Revenue, 2021-2027 (US$ Million)

For More Details on This Report - Request for Sample

Halloysite Market Segment Analysis – By Application

Medical Tubes segment held the largest share in the halloysite market in the year 2021 and is growing at a CAGR of 6.6% during the forecast period 2022-2027. Halloysite nanotubes are naturally occurring tubular products made from clay minerals. These halloysite nanotubes are made from aluminosilicate minerals and kaolinite. These halloysite nanotubes exhibit some excellent qualities such as high biocompatibility, environmental friendliness, better solubility in water and enhanced performance as compared to tubes made from artificial materials. This is increasing the demand for halloysite nanotubes from medical industry as these tubes are naturally occurring, provides better performance and is affordable. This is majorly driving the demand from the medical tubes segment of the halloysite market.

Halloysite Market Segment Analysis – By End-use Industry

Pharmaceutical industry held the largest share in the year 2021 and is expected to grow at a CAGR of 6.9% during the forecast period 2022-2027 in the halloysite market in the year 2020. Halloysite nanotubes are widely used in the pharmaceutical industry for drug delivery purposes. Halloysite nanotubes are made of aluminosilicate minerals and kaolinite, which makes it bio-compatible and highly resistant to chemicals. Therefore, the growth in the pharmaceutical industry is contributing to the growth of the halloysite market. For instance, according to the latest report published by the European Federation of Pharmaceutical Industries and Associations in the year 2020, the pharmaceutical industry in the United States grew by 6.1%, the pharmaceutical industry of the European Nation grew by 5.4% during the year 2019, the pharmaceutical industry of India grew by 11.1% and Brazilian pharmaceutical industry grew by 11.2%. This will further drive the demand for halloysite nanotubes in the pharmaceutical industry which will in turn drive the growth of the halloysite market.

Halloysite Market Segment Analysis – By Geography

Asia-Pacific region held the largest share in the halloysite market and is growing at a CAGR of 7.5% during the forecast period 2022-2027. The increase in demand from the cosmetics industry from countries like China, India, Japan and South Korea is majorly driving the halloysite market in the Asia Pacific region. Kaolinite clay mineral is used as a carrier of substance in cosmetics. Therefore, the increase in the growth of the cosmetics industry is majorly driving the demand for halloysite market in the Asia Pacific region. According to Cosmetics China, the online retail value of sales of cosmetic products was valued at US$27.92 in the year 2019. According to the Korean National Statistical Office, cosmetics online shopping transactions grew by 25% year-on-year to US$10.5 billion in 2019.  According to the Ministry of Economy and Industry (Foreign Trade Administration), the market size of body care in India is set to increase by 36% and hair care by 5%. This is highly driving the personal care chemicals market in the region, which is further contributing to the growth of the halloysite market in the Asia Pacific region. 

Halloysite Market Drivers

The increase in demand from the ceramic and glass industry for production of dishware and other houseware products is majorly driving the halloysite market

Clay minerals such as halloysite, kaolinite and aluminosilicate minerals are used in the production of ceramic and glass. For instance, according to Glass Alliance Europe, the glass production in Europe reached 37.2 million tonnes, an increase of 1.8% compared to the previous year 2018. Likewise in the US, according to the Bureau of Economic Analysis of US, the total value of glass and glass product manufacturing industry was valued at US$3.83 trillion in the year 2020, an increase of 0.26% from the previous year value. This will further increase the demand for halloysite market from the production of glass and ceramics.

The increase in demand from the building and construction industry is also driving the demand for halloysite market

Halloysite is widely used in the building and construction industry. Halloysite nanotubes are used for the mixing of various composites used in the building and construction industry. Halloysite and kaolinite are also used in paintings and are used as a mixture in concrete. Therefore, the increase in the number of activities in the building and construction industry across the globe coupled with the increase in the expenditure of the building and construction industry is majorly driving the demand for the halloysite market. For instance, according to the World Bank, the expenditure cost of construction industry is estimated to reach US $ 11.9 trillion by 2023, which is an increase of 4.2% as compared to the previous year expenditure. This will drive the demand for halloysite from the building and construction industry.

Halloysite Market Challenges

Reaction of halloysite nanotubes with compounds

As much as halloysite are widely available in the nature, it has also various disadvantages associated with it. Sometimes, the compounds put inside the halloysite nanotubes tend to negatively react when it comes in touch with the halloysite nanotube. Halloysite nanotubes are inorganic and has negative biocompatibility. This leads to low enzyme levels which leads to a weak link between the enzyme and the nanotubes. This could reduce the value of the compound, which could totally give a negative impact to the substance it is being added to. Therefore, this is one of the major factors challenging the growth of the halloysite market.

Halloysite Market Industry Outlook

Acquisitions and mergers, production expansion, facility expansion collaborations, partnerships, investments, are some of the key strategies adopted by players in the Bio-Based Polypropylene Market. Major players in the Bio-Based Polypropylene Market include:

  • Northern Star Resources Limited
  • APPLIED MINERALS INC
  • Imerys Ceramic
  • Yanfeng Automotive Interior
  • American Elements
  • Applied Minerals, Inc.
  • PTH Intermark
  • BASF SE
  • Northstar Mines, LLC
  • Daleco Resources
  • I-Minerals, Inc.
  • NaturalNano Corp.
  • Quarzwerke GmbH
  • Reade International Corp.

Acquisitions/Technology Launches

In 12 May 2021, Okapi Resource Ltd acquired the large-scale kaolin-halloysite projects of Bulk Minerals Holdings. These projects are located in Kojonup, West Australia.

Relevant Reports:

Global Mineral Ingredients Market – Forecast (2021 - 2026)
Report Code: FBR 81638

For more Chemicals and Materials Market reports, please click here 

1. Halloysite Market- Market Overview
    1.1 Definitions and Scope
2. Halloysite Market - Executive Summary
    2.1 Key Trends by Application
    2.2 Key Trends by End-Use Industry
    2.3 Key Trends by Geography
3. Halloysite Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Halloysite Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Halloysite Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Halloysite Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Halloysite Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Halloysite Market – By Application (Market Size -$Million/Billion)
    8.1 Medical Tubes
    8.2 Ceramics
    8.3 Polymers
    8.4 Cements
    8.5 Porcelain
    8.6 Cosmetics 
    8.7 Paint and coatings
    8.8 Others
9. Halloysite Market - By End-Use Industry (Market Size -$Million/Billion)
    9.1 Healthcare Industry
    9.2 Personal Care Industry
    9.3 Agriculture Industry
    9.4 Pharmaceutical Industry
    9.5 Packaging 
    9.6 Building and Construction
        9.6.1 Residential
        9.6.2 Commercial
        9.6.3 Infrastructure
    9.7 Others
10. Halloysite Market - By Geography (Market Size -$Million/Billion)
    10.1 North America
        10.1.1 USA
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 UK
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Netherlands
        10.2.6 Spain
        10.2.7 Russia
        10.2.8 Belgium
        10.2.9 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 India
        10.3.4 South Korea
        10.3.5 Australia and New Zealand
        10.3.6 Indonesia
        10.3.7 Taiwan
        10.3.8 Malaysia
        10.3.9 Rest of APAC
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Colombia
        10.4.4 Chile
        10.4.5 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 UAE
            10.5.1.3 Israel
            10.5.1.4 Rest of the Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. Halloysite Market – Entropy
    11.1 New Product Launches
    11.2 M&As, Collaborations, JVs and Partnerships
12. Halloysite Market – Industry/Segment Competition Landscape Premium
    12.1 Company Benchmarking Matrix- Major Companies
    12.2 Market Share at Global Level - Major companies
    12.3 Market Share by Key Region - Major companies
    12.4 Market Share by Key Country - Major companies
    12.5 Market Share by Key Application - Major companies
    12.6 Market Share by Key Product Type/Product category - Major companies
13. Halloysite Market – Key Company List by Country Premium Premium
14. Halloysite Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10 and more
"*Financials would be provided on a best-efforts basis for private companies"

LIST OF TABLES

1.Global Halloysite Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
1.1 Medical Market 2019-2024 ($M) - Global Industry Research
1.2 Cosmetic Market 2019-2024 ($M) - Global Industry Research
1.3 Ceramic Market 2019-2024 ($M) - Global Industry Research
1.4 Polymer Market 2019-2024 ($M) - Global Industry Research
1.5 Cement Market 2019-2024 ($M) - Global Industry Research
1.6 Paint Market 2019-2024 ($M) - Global Industry Research
2.Global Halloysite Market:Application Estimate Trend Analysis Market 2019-2024 (Volume/Units)
2.1 Medical Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Cosmetic Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Ceramic Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 Polymer Market 2019-2024 (Volume/Units) - Global Industry Research
2.5 Cement Market 2019-2024 (Volume/Units) - Global Industry Research
2.6 Paint Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Halloysite Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
3.1 Medical Market 2019-2024 ($M) - Regional Industry Research
3.2 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
3.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research
3.4 Polymer Market 2019-2024 ($M) - Regional Industry Research
3.5 Cement Market 2019-2024 ($M) - Regional Industry Research
3.6 Paint Market 2019-2024 ($M) - Regional Industry Research
4.South America Halloysite Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
4.1 Medical Market 2019-2024 ($M) - Regional Industry Research
4.2 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
4.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research
4.4 Polymer Market 2019-2024 ($M) - Regional Industry Research
4.5 Cement Market 2019-2024 ($M) - Regional Industry Research
4.6 Paint Market 2019-2024 ($M) - Regional Industry Research
5.Europe Halloysite Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
5.1 Medical Market 2019-2024 ($M) - Regional Industry Research
5.2 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
5.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research
5.4 Polymer Market 2019-2024 ($M) - Regional Industry Research
5.5 Cement Market 2019-2024 ($M) - Regional Industry Research
5.6 Paint Market 2019-2024 ($M) - Regional Industry Research
6.APAC Halloysite Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
6.1 Medical Market 2019-2024 ($M) - Regional Industry Research
6.2 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
6.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research
6.4 Polymer Market 2019-2024 ($M) - Regional Industry Research
6.5 Cement Market 2019-2024 ($M) - Regional Industry Research
6.6 Paint Market 2019-2024 ($M) - Regional Industry Research
7.MENA Halloysite Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
7.1 Medical Market 2019-2024 ($M) - Regional Industry Research
7.2 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
7.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research
7.4 Polymer Market 2019-2024 ($M) - Regional Industry Research
7.5 Cement Market 2019-2024 ($M) - Regional Industry Research
7.6 Paint Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Halloysite Market Revenue, 2019-2024 ($M)
2.Canada Halloysite Market Revenue, 2019-2024 ($M)
3.Mexico Halloysite Market Revenue, 2019-2024 ($M)
4.Brazil Halloysite Market Revenue, 2019-2024 ($M)
5.Argentina Halloysite Market Revenue, 2019-2024 ($M)
6.Peru Halloysite Market Revenue, 2019-2024 ($M)
7.Colombia Halloysite Market Revenue, 2019-2024 ($M)
8.Chile Halloysite Market Revenue, 2019-2024 ($M)
9.Rest of South America Halloysite Market Revenue, 2019-2024 ($M)
10.UK Halloysite Market Revenue, 2019-2024 ($M)
11.Germany Halloysite Market Revenue, 2019-2024 ($M)
12.France Halloysite Market Revenue, 2019-2024 ($M)
13.Italy Halloysite Market Revenue, 2019-2024 ($M)
14.Spain Halloysite Market Revenue, 2019-2024 ($M)
15.Rest of Europe Halloysite Market Revenue, 2019-2024 ($M)
16.China Halloysite Market Revenue, 2019-2024 ($M)
17.India Halloysite Market Revenue, 2019-2024 ($M)
18.Japan Halloysite Market Revenue, 2019-2024 ($M)
19.South Korea Halloysite Market Revenue, 2019-2024 ($M)
20.South Africa Halloysite Market Revenue, 2019-2024 ($M)
21.North America Halloysite By Application
22.South America Halloysite By Application
23.Europe Halloysite By Application
24.APAC Halloysite By Application
25.MENA Halloysite By Application
26.Applied Minerals, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Imerys Ceramic, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.I-Minerals, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Northstar Mines,Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)