Report Code: A13662 | Pages: NA | ||
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Halloysite is an aluminosilicate clay mineral composed of aluminum, silicon, oxygen, and hydrogen, with empirical formula Al2Si2O5(OH)4. It naturally occurs as nanotubes and is typically formed due to hydrothermal alteration of alumino-silicate minerals. It is a biocompatible, cost-effective and readily available nanomaterial as compared to carbon nanotubes. Halloysite is used in the fabrication of electronic devices and other high-tech ceramic composite applications, owing to its non-clump characteristic.
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The market exhibits a high degree of integration from raw material supply to the processing and distribution of the product. All major manufacturers in the industry are involved in raw material extraction, which is directed wholly to captive consumption. Key industry players are also involved in collaborations with large clay manufacturing and distributing companies on a profit-sharing basis. Production of raw material varies annually with manufacturers changing trends to meet the annual projected demand for halloysite material. Extensive integration of manufacturers to the raw material supply leads to its abundance, which in turn benefits the overall market growth. Besides this, rising raw material extraction due to spiraling product demand is anticipated to work in favor of the market. Booming construction industry in Asia-Pacific is leading to an increase in the demand for ceramic products, which in turn, is expected to boost the growth of the market.
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Halloysite Market Report Highlights
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Key Market Players | Imerys Ceramic, Company 7, Company 10, Yanfeng Automotive Interior, Company 9, Company 8, Northern Star Resources Limited, PTH Intermark, APPLIED MINERALS INC, Company 6 |
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