Albany, NY -- (ReleaseWire) -- 07/07/2014 -- Clay is a type of soil which is made up of one or more minerals and traces of metal oxides and organic matter. Minerals used for industrial purposes are called industrial clays. Minerals such as kaolin, bentonite and palygorskite-sepiolite among others are included in industrial clays. These minerals do not possess expansion or shrinkage and remain hard at high temperatures. They offer services to industries such as ceramics, paints, rubbers, catalysts, refractories and cement among others.
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The increasing demand of these industrial clays in ceramics for various applications such as sanitary ware, table ware, medical applications such as endodontics are expected to fuel the market within the forecast period. In addition, the increasing infrastructure activities around the globe are anticipated to augment the demand for industrial clays. However, the internal threat of substitution of these minerals by introduction of other minerals such as calcium carbonate, bauxite among others may hamper the industrial clay market in near future. Furthermore, the increasing prices of these clays may also curb the demand in near future. Ongoing research and development on the use of these clays as bio-ceramics is expected to open new opportunities for industrial clays in near future.
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The value chain of these minerals comprises of raw material suppliers, industrial clay manufacturers, distribution channels and end users such paper mills, ceramics and paints among others. There are a large number of raw material suppliers in this market and there is high threat of forward integration. In addition, it is highly competitive and consolidated in nature resulting in high market concentration. Numerous mergers and acquisitions activities are expected to result in consolidation of market share further. Asia Pacific is expected to be one of the fastest growing markets for industrial clays on account of rapid industrialization where these materials are used in various industrial processes.
Some of the market players in this industry segment include BASF, Imerys, Kaolin AD, Thiele Kaolin Company and Quarzwerke GmbH among others.
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