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Raising demand from plastic industry uplifting the revenue of Talc Market
The Global Talc Market size is evaluated to be $3 billion as of 2018. Moreover, the increasing demand for talc from end-user industries across the world is poised to propel the market at a CAGR of 5.1% during the forecast period 2019-2025.


IndustryARC
BriefingWire.com, 12/03/2019 - Stringent governmental regulatory frameworks pertaining to CO2 emissions, and concerns regarding fuel efficiency have compelled automotive manufacturers to develop lightweight vehicles. According to the International Energy Agency, transportation is accountable for one-fourth of direct CO2 emissions from fuel combustion as of 2018.The demand for lightweight vehicles has impelled the manufacturers to replace metal components in vehicles with plastic parts. This transition is initiated, knowing the fact that plastics provide a benefit of making vehicles lighter, thereby enhancing fuel efficiency and cutting greenhouse gas emissions.

The Global Talc Market size is evaluated to be $3 billion as of 2018. Moreover, the increasing demand for talc from end-user industries across the world is poised to propel the market at a CAGR of 5.1% during the forecast period 2019-2025.

Plastic Industry and the Prospects for Talc Market

On the basis of application, the talc market is segmented into cordierite ceramics, food, paints, coatings, paper, lubricant, anti-sticking agent, personal care, pharmaceuticals, plastics, polyester putties, and others. Among these, plastics are considered to be the most lucrative application segment that is alluring maximum revenues in the market. This is attribute to the fact that talc is used as a reinforcing filler agent in various plastic materials, including polypropylene, and thermoplastics.

Browse Talc Market Report Link:

www.industryarc.com/Report/16494/talc-market.html

Talc Market Company’s Strategies

Major companies that are crusading for setting their footprint in the global talc market are IMI FABI, Imerys, Mondo Minerals, Liaoning AIHAI, Jai Vardhman Khaniz, Minerals Technologies, American Talc Company, Haicheng Xinda Mining, Nippon, HuaMei Development, and Guilin Guiguang. These companies are extensively involved in adopting key strategies such as new product innovation, acquisitions, partnerships, and expansions to stay ahead of their competitors and gain a competitive edge in the market.

Talk to one of our sales representative about the full report by providing your details in the link below:

www.industryarc.com/support.php?id=16494

About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.

 
 
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