North America Talc Market is estimated to grow at a substantial CAGR of 3.0% during the forecast period. North America, which includes the key countries of the US and Canada, constitutes a significant region as it hosts the most advanced and largest economies of the world. The talc market in the region is driven by plastics, construction, paints & coatings, ceramics, cosmetics & personal care, pharmaceutical, and other end-use industries such as food, packaging, and rubber industries. Despite having sufficient public infrastructure, countries in North America are set to grapple with the massive investment required to maintain and upgrade the existing infrastructure. An estimated $3.50 trillion is required to upgrade the existing infrastructure in the region, including communications, road and rail, transport, schools, and hospitals, to retain their rankings in terms of the quality of living. This will support the growth of paints & coatings in the region, thus fueling the market for talc as talc is used in paints & coatings as a filler.
Regulations in this region often form the basis for most product development efforts. Moreover, strict regulations regarding energy efficiency have been boosting the development of manufacturing technologies in North America. This, in turn, presents many growth opportunities for vendors in the region. The end-users in the region are governed by some of the most stringent standards and regulations. Further, the country stands as a leader in manufacturing innovations, reinforced by a well-connected and evolved electric grid, comprehensive product development with an emphasis on energy efficiency and sustainability, and well-connected retail and distribution networks.
The North America talc market is segmented based on the deposits and end-user. Based on deposits, the market is sub-segmented into talc carbonates, talc chlorites, and others. Based on end-user, the market is segmented into ceramics, construction, cosmetics and personal care, paints and coatings, pharmaceuticals, plastics, pulp and paper, and others. The pulp & paper industry is the third-largest industry where talc is consumed. In the pulp & paper industry, talc is used as a filler. The fillers are used in paper printing because they increase light scattering, opacity, and brightness and improve printing properties. The pulp & paper industry in North America growing owing to increased online demand for products and higher demand for packaged products, among others.
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Market Coverage
- Market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- by Deposits and End-user
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North America Talc Market Report Segment
By Deposits
- Talc Carbonates
- Talc Chlorites
- Others
By End-user
- Ceramics
- Construction
- Cosmetics and Personal Care
- Paints and Coatings
- Pharmaceuticals
- Plastics
- Pulp and Paper
- Others
North America Talc Market Report Segment
- The US
- Canada
Company Profiles
- Aldon Corp
- First Source Worldwide
- Golcha Group
- IMI FABI S.p.A.
- Liaoning Beihai Industry (Group) Co., Ltd.
- Minerals Technologies Inc.
- Reagents
- Rockleigh Industries Inc
- Sibelco
- Superior Materials, Inc.
- Talc USA
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