The mineral fillers market refers to the industry involved in the production, distribution, and use of mineral-based materials used as fillers in various applications. Mineral fillers are finely ground minerals or inorganic materials that are added to enhance the properties of products such as polymers, coatings, paints, adhesives, rubber, and ceramics.
These fillers are added to improve the mechanical properties, reduce cost, enhance durability, modify rheological behavior, and provide other specific characteristics to the end products. Common types of mineral fillers include calcium carbonate, talc, kaolin, silica, mica, and others.
The mineral fillers market has witnessed significant growth due to the increasing demand for lightweight materials, the growing construction industry, and the expanding automotive sector. The use of mineral fillers helps reduce the weight of products while maintaining their strength and performance. Additionally, the demand for environmentally friendly and sustainable materials has also contributed to the growth of the market, as mineral fillers are often natural and abundant resources
Download Free Sample Copy of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=8106
Demand for lightweighting in the automotive industry to provide a major boost to demand in the forecast period
The emerging trend of the hour is for the lightweighting of vehicles in the automotive industry. Using lighter materials for vehicles, which directly benefits fuel consumption and reduces fuel emissions, also shows benefits in the safety of vehicles. Mineral filler-enhanced plastic is a key component emerging in this trend. Research shows that crumple zone applications of fillers can lead to increased safety. Further, the printing of single plastic parts can replace several smaller metal parts, which is beneficial in the reduction of assembly time and costs.
Key Segments Covered In Mineral Fillers Industry Survey
-
By Application :
- Paper Manufacturing
- Plastic Manufacturing
- Paints and Coatings Manufacturing
- Adhesives and Sealants Manufacturing
-
By Region :
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Mineral Fillers Market: Competition Insights
The key companies operating in the mineral fillers market include Akrochem Corporation, Albemarle Corporation, Covia Corporation, Elementis, GCR Group, Hoffmann Minerals, Huber Engineered Materials, Imerys SA, Kärntner Montanindustrie GmbH, LKAB Minerals AB, Lhoist S.A., Minerals Technologies Inc., Omya International AG, Quarzwerke GmbH, US Minerals, Vanderbilt Chemicals, and 20 Microns Ltd.
Some of the recent development in Mineral Fillers are as follows:
- In April 2021, Cimbar Performance Minerals, a division of United Minerals and Properties, Inc., Chatsworth, GA, acquired production and warehousing assets of business Tor Minerals, located in Chatsworth.
- In August 2021, Harwick Standard Distribution Corp. announced that they have signed a deal for the acquisition of Western Reserve Chemicals, which, amongst other offerings, distributes mineral fillers.
- In April 2021, Processing Technologies International and Farrel Pomini announced a collaboration. The two will jointly come up with a new technology for sheet barriers known as Direct-to-Sheet Compounding, which will facilitate the extruding of sheets from high levels of filler loading, like 60-70%.
Key Companies Profiled
- Akrochem Corporation
- Albemarle Corporation
- Covia Corporation
- Elementis
- GCR Group
- Hoffmann Minerals
- Huber Engineered Materials
- Imerys SA
- Kärntner Montanindustrie GmbH
- LKAB Minerals AB
- Lhoist S.A.
- Minerals Technologies Inc.
- Omya International AG
- Quarzwerke GmbH
- US Minerals
- Vanderbilt Chemicals
- 20 Microns Ltd
The United States to continue being the Nucleus of Global Mineral Fillers Demand
The US is a key country for global mineral fillers demand, accounting for over 36% of the 2021 market, with a US$ 6.7 Bn absolute dollar opportunity between 2022 to 2032 and a forecasted market size of US$ 17.6 Bn by 2032 at a 6% CAGR. In 2022, the US government’s Department of Energy awarded a US$ 3.3 Mn grant for the production of and research into biogenic limestone to be used as a mineral in ground limestone.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583