626 E Whispering Oaks, Palatine, IL 60074
+1-224-678-1803 info@7newswire.com Book A Demo

Wollastonite Market To Reach Valuation Of US$ 366.46 Mn By 2031


Wollastonite Market: Introduction

Transparency Market Research delivers key insights on the global wollastonite market. In terms of revenue, the global wollastonite market is estimated to expand at a CAGR of 8.79% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global wollastonite market.

The global wollastonite market is broadly affected by several factors, including usage of wollastonite in various applications such as ceramics, paints & coatings, plastics & rubber manufacturing, metallurgical, and friction products. The rise in global demand for ceramics has led to a significant growth in the usage of wollastonite to increase the production output. The growth in production and demand for ceramics & related products is expected to be the primary driver for the expansion of the wollastonite market.

Wollastonite Market: Dynamics

Wollastonite is primarily used in the production of ceramics. The global demand for ceramics has been increasing at a significant pace. This is boosting the production of wollastonite in several countries. Thus, the increase in the production of tiles, mugs, tableware, cookware, and sanitary ware is propelling the global wollastonite market.

Request Brochure of Report –https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=48720

Wollastonite is being increasingly used as a substitute for short-fiber asbestos in fire-resistant wall boards, cement products, and friction products. Wollastonite is an important additive in friction products such as brake pistons, brake linings, and clutches. In North America, asbestos formulations for friction products are being replaced by wollastonite owing to the latter’s low thermal conductivity and high aspect ratio structure. Additionally, outside the U.S., wollastonite is also being used to replace asbestos in gaskets.

Wollastonite is resistant to chemical attacks and stable at high temperatures. It improves flexural and tensile strength, making it an ideal substitute for asbestos in products such as insulation for boards and panels, paints & coatings, plastics, roofing tiles, and friction devices (brakes and clutches). Furthermore, the crystal structure and physical properties of wollastonite are stable nearly at 1,120°C, making wollastonite an ideal alternative to asbestos in thermal insulation applications.

Wollastonite Market: Prominent Regions

Asia Pacific dominates the global wollastonite market. The market in the region is anticipated to expand at a CAGR of more than 8.39% during the forecast period. The increase in the demand for wollastonite in various end-use industries such as construction and automotive is driving the wollastonite market in Asia Pacific. China is a key wollastonite market in Asia Pacific. It held major share of the wollastonite market in Asia Pacific in 2020. The country is estimated to maintain its dominant position in the region during the forecast period.

Make an Enquiry before Buying –https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=48720

North America is also a prominent region of the global wollastonite market. The U.S. led the wollastonite market in North America in 2020. The presence of a large number of wollastonite manufacturers is driving the demand for wollastonite in North America.

Wollastonite Market: Key Players

The global wollastonite market is consolidated with the presence of key players. Prominent players operating in the global wollastonite market include Nordkalk Corporation, Wolkem, Imerys S.A., ACBM JSC, R.T. Vanderbilt Holding Company Inc., Canadian Wollastonite, Xinyu South Wollastonite Co., Ltd, Lishu Dadingshan Wollastonite Co. Ltd, Changxing Earth New Type of Material Co., Ltd, and Jilin Shanwei Wollastonite Mining CO., LTD.

Global Wollastonite Market: Segmentation

Wollastonite Market, by Application

·         Ceramics

·         Plastic & Rubber Manufacturing

·         Paints & Coatings

·         Metallurgical Application

·         Friction Products

·         Concrete Manufacturing

·         Others (Synthetic Bone Implants)


Get a Customized Research Report –https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=48720

Wollastonite Market, by Region

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa


More Trending Latest Reports by Transparency Market Research-

Calcium Carbonate Market-https://www.transparencymarketresearch.com/calcium-carbonate-market.html

Ink Solvents Market-https://www.transparencymarketresearch.com/ink-solvents-market.html

Paving Materials Market-https://www.transparencymarketresearch.com/europe-canada-paving-materials-market.html

Detergents Market-https://www.transparencymarketresearch.com/detergents-market.html

Lipids Market-https://www.transparencymarketresearch.com/lipids-market.html

Digital Textile Printing Ink Market-https://www.transparencymarketresearch.com/digital-textile-printing-ink-market.html

Nanocoatings Market-https://www.transparencymarketresearch.com/nanocoatings-market.html

Ceramic Inks Market-https://www.transparencymarketresearch.com/ceramic-inks-market.html

About Us:

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact Us:

Rohit Bhisey

Transparency Market Research Inc.


1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com