Talc Alternative Market is estimated to be US$ 135.94 billion by 2030 with a CAGR of 19.8% during the forecast period

Talc has also been known to be carcinogenic and even toxic if inhaled or swallowed; as a result, the use of talc has been more regulated. With this in mind, companies have begun to produce talc substitutes using natural ingredients such as corn starch, arrowroot powder, and silica, among others. These talc alternatives not only fulfill the demands regarding talc but also add their own benefits. For e.g., corn starch is softer than talc; baking soda can better deodorize the air, etc.Talc Alternative Market accounted for US$ 2.90 billion in 2020 and is estimated to be US$ 4.47 billion by 2030 and is anticipated to register a CAGR of 4.50%.  

The report " Talc Alternative Market, By Deposit (Talc Chlorite and Talc Carbonate), By End-user Industry (Pulp and Paper, Paints and Coatings, Plastics and Rubber, Food and Beverage, Personal Care, Pharmaceuticals, and Other End-user Industries) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030’’

Key Highlights:

• In May 2021, Amyris, Inc., a leading synthetic biotechnology company in the Clean Health and Beauty markets through its consumer brands and a top supplier of sustainable and natural ingredients announced the launch of "Baby Cream to Powder" under its PipetteTM baby brand, providing caring parents with more options while keeping their babies safe which a talc-free alternative .

Analyst View:

Moreover, over the forecast period, the increasing automotive refinish market and the thriving OEM components market for the automotive industry are likely to propel the talc market globally. Talc is utilised in a variety of end-use industries for a variety of applications, and rapid industrialization in rising economies such as Thailand, Malaysia, Mexico, Brazil, Argentina, Russia, South Africa, China, and India is driving the growth of the talc market. The growing population and disposable income of emerging economies' middle classes has resulted in increased demand for a variety of consumer goods, including cosmetics, ceramics, automotive plastic parts, and pharmaceuticals, which is propelling the talc market forward. Other factors driving the growth of the talc market include the rising industrial and services sectors in emerging economies.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Talc Alternative Market, By Deposit (Talc Chlorite and Talc Carbonate), By End-user Industry (Pulp and Paper, Paints and Coatings, Plastics and Rubber, Food and Beverage, Personal Care, Pharmaceuticals, and Other End-user Industries) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030”

Key Market Insights from the report:

Talc Alternative Market accounted for US$ 2.90 billion in 2020 and is estimated to be US$ 4.47 billion by 2030 and is anticipated to register a CAGR of 4.50%. The Global Talc Alternative Market is segmented based on deposit, end-user and region.

• Based on Deposit, Global Talc Alternative Market is segmented into Talc Chlorite and Talc Carbonate.
• Based on End-User, Global Talc Alternative Market is segmented into Pulp and Paper, Paints and Coatings, Plastics and Rubber, Food and Beverage, Personal Care, Pharmaceuticals, and Other End-user Industries.  
• By Region, the Global Talc Alternative Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Global Talc Alternative Market:

The key players operating in the talc alternative market are Imerys (France), Mondo Minerals (Netherlands), Minerals Technologies (US), IMI Fabi (Italy), Golcha Minerals (India), and Nippon Talc (Japan), among others. These companies focus on enhancing their product portfolios to grow in the talc market.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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