Talc Alternative Market Size, Share, 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 - Market Trends, Analysis, and Forecast till 2030

Talc Alternative Market accounted for USD 2.90 Billion in 2020 and is estimated to be USD 4.47 Billion by 2030 and is anticipated to register a CAGR of 4.50%.

Talc is a powder that absorbs moisture and odor while also acting as a lubricant and astringent on the skin. People's perceptions of talc have shifted in recent years as a result of lawsuits against talc manufacturers such as Johnson & Johnson over their use of asbestos in talcum powder, which has had a significant influence on the talc business. 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.

Growing population and disposable income of emerging economies' middle classes will drive the growth of the Market

Vehicle manufacturers have been replacing metal components in autos with plastic and composite parts due to continuous developments in automotive technology and rising demand for lightweight automobile parts. Vehicles with lightweight plastic and composite parts have a lower overall weight, which improves their fuel efficiency. The talc-reinforced polypropylene used in these lightweight plastic parts improves their performance and durability. Talc also has good abrasion and corrosion resistance. 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.

Talc Alternative Market is segmented based on deposit, end-user and region.

On the basis of Deposit, the Talc Alternative Market is segmented into Talc Chlorite and Talc Carbonate. Based on End-User, the target market is segmented into Pulp and Paper, Paints and Coatings, Plastics and Rubber, Food and Beverage, Personal Care, Pharmaceuticals, and Other End-user Industries.

Regional Insights:

On region the Talc Alternative Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. With increased demand from nations like China, India, and Japan, the Asia-Pacific region controlled the global market share. China has sizable plastics industry that relies on a steady supply of talc to operate. Talc is found in 15 Chinese provinces, with Liaoning, Shandong, Guangxi, Jiangxi, and Qinghai accounting for more than 90% of total deposits. China stopped producing its own pulp, resulting in an increase in pulp pricing, which is likely to slow the development of talc use in the country's pulp and paper industry. India is one of the few countries with reserves of white talc. Talc deposits may be found all across the country. The majority of white talc produced is consumed within the country. The state of Rajasthan produces the majority of commercial talc. The country's two largest talc producers (Golcha Group and Golcha Associated) are situated in Jaipur, Rajasthan, and supply talc of exceptional grades to the cosmetics and polymer industries. In addition to these large-scale producers, the country contains a number of small-scale producers who make standard or low-quality grades. Despite the fact that India's pulp and paper market is expanding at roughly 6-7 percent per year, the industry has seen a reduction in production over the last three years, according to the IPMA (Indian Paper Manufacturers Association). Consumption, on the other hand, has been steadily increasing.

Talc Alternative Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Talc Alternative Market report based on Deposit, End-User and region.

Talc Alternative Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

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

• Imerys
• Mondo Minerals
• Minerals Technologies
• IMI Fabi
• Golcha Minerals
• Nippon Talc