Clay Market

Clay is a chemical composition of minerals, metal oxides and organic dyes known for their hardness and ability to maintain hardness even at high temperatures. With the growing popularity of 3D printing, there is a growing demand for industrial clays which are increasingly being used in the design of 3D models of cars and appliances. Some of the most common industrial clays are the minerals kaolin, bentonite and sepiolite parigolsquite. They are used in many industries such as rubber, catalysts, ceramics, refractories, concrete and paints. Mainly used in coatings of fireplaces, boilers, glass fusing, ceramic furnaces and high temperature furnaces. It is used as a shield for heat generators installed in power plants and houses with chimneys. It is also increasingly used in construction projects to make buildings fireproof..

COVID-19 Impact analysis

• COVID-19 disease began to spread around the world in early 2021, infecting millions of people worldwide, and major countries around the world enacted foot prohibitions and work stoppage orders. Most industries, with the exception of medical supplies and life support products, have been severely impacted, and clay industries have also been severely impacted.
• With the slowing of global economic growth, the Clay industry has suffered some repercussions, but has maintained a relatively optimistic growth rate over the last four years.
• As the case spread and the epicenters shifted to Europe, North America, India and Latin America, life in these regions was turned upside down, as was life in Asia in the early stages of life. As the coronavirus pandemic worsened, the entertainment industry, like most other aspects of life, fell into chaos..

Top Impacting factor

Increased spending on infrastructure development, especially in emerging markets, in response to government initiatives to increase domestic output is expected to play a key role in growth of the global industrial clay market. In addition, demand for industrial clay is driven by strong growth in end-consumer industries such as paint and construction. On the other hand, intrinsic threats to substitutes such as bauxite and calcium carbonate prevent the market from reaching its full potential. Rising clay prices are also expected to negatively impact market growth. However, the ongoing R&D efforts and the advent of bioceramics are poised to provide the market with many growth opportunities..

Market Trends

Expansion

• In the year 2018, BASF announced plans to invest approximately USD 200 million over the next ten years in order to increase its growth potential by providing service, sustainable supply, and innovative solutions to its customers. This investment strategy includes infrastructure and process improvement projects at the Middle Georgia plant in the United States, which will improve asset reliability while also increasing operational sustainability and efficiency.
• Clay is used in construction as floor and wall tiles in combination with talc, feldspar, kaolin and quartz/silica. Plasticine to improve ductility and adhesion. As investment in the world's construction industry increases, so does the use of floor and wall tiles, resulting in increased clay consumption..
• The construction sector in the Asia-Pacific region has grown steadily in recent years, driven by the presence of a rapidly growing economy, rapid urbanization and increased infrastructure spending. The growing presence of foreign companies in the Asia-Pacific region has also created the need to build new offices, buildings, manufacturing companies, etc. This will guide the development of the construction sector..
• China's 13th Five-Year Plan began in 2016. This is a pivotal year for the country's engineering, purchasing and construction (EPC) industry. Furthermore, during the year, the country experimented with new business models on a national and international scale. Although the construction sector has slowed down since 2013, it still contributes significantly to the GDP of the country. China's construction industry has grown rapidly in recent years as the central government promotes infrastructure investment as a means of supporting economic growth..

Key Benefits of the Report

• This study presents the analytical depiction of the clay market industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the clay market share.
• The current market is quantitatively analyzed to highlight the clay market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed clay market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the clay market Report

• Who are the leading market players active in the clay market?
• What current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?
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 Clay Market Report Highlights