Market Overview:
The global mineral fillers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for mineral fillers from various applications such as plastics, composites materials, and concrete. In addition, the growing demand for lightweight vehicles and construction of new infrastructure are also contributing to the growth of the global mineral fillers market. The plastic segment is expected to dominate the global mineral fillers market during the forecast period owing to its increasing use in automotive and electrical & electronics industries. The composite materials segment is projected to grow at a higher CAGR than other segments during the forecast period due to its growing use in wind energy, aerospace & defense, and marine applications.
Product Definition:
A mineral filler is a nonmetallic additive used to improve the physical and mechanical properties of plastics. Mineral fillers can be divided into two major categories: (1) inorganic fillers, which are derived from natural minerals such as talc, clay, and carbonates; and (2) organic fillers, which are made from plant or animal-based materials. Inorganic fillers tend to be harder and more brittle than organic ones; they also have higher melting points, making them better suited for use in high-temperature applications. Mineral fillers are important because they add strength and stiffness to plastic parts while reducing costs. They also help reduce the amount of plastic material needed for a given component, leading to weight savings and better fuel economy.
Plastics:
Plastics are derived from petroleum products such as polyethylene, polypropylene and nylon. They are lightweight, durable and have a high melting point. These properties make them ideal for applications in the automotive industry where metal or glass fillers would be inappropriate. Plastics also offer superior strength to weight ratio which makes them more suitable for use in mineral fillers production than conventional minerals such as calcium carbonate or calcium sulfate which can be found in natural stone setting of construction materials.
Composite Materials:
Composite materials are a group of two or more substances, which when mixed together give composite results. These materials can be natural as well as synthetic in nature and can be used to fill all types of products including ceramics, metals, polymers and composites. The most commonly used composite material is fiberglass which is made up of glass fibers and resin.
Application Insights:
The mineral fillers market is segmented on the basis of application into building, mining and others. Building was estimated as the largest application segment in 2017 and accounted for over 40% of global demand. Increasing construction activities across various regions are expected to drive growth over the forecast period.
Mineral fillers are widely used in building applications owing to their ability to provide aesthetic appeal while improving structural stability, durability, strength and resistance against corrosion & abrasion. The rising importance of architectural designs that reflect modern culture has led to an increase in use of these materials which is likely to propel market growth during the forecast period.
Other applications include industrial manufacturing sectors such as automotive & transportation equipment, consumer goods etc., where mineral filler products are used for manufacturing components that require high mechanical strength & impact resistance such as gears tooth surfaces or bearing seats etc.
Regional Analysis:
Asia Pacific dominated the global mineral fillers market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising construction activities in emerging economies, such as China and India. In addition, increasing demand for consumer goods along with growing industrialization is anticipated to drive product demand over the forecast period.
The Asia Pacific was followed by North America which accounted for a share of 22% in terms of revenue in 2017 owing to high consumption levels coupled with stringent environmental regulations by regulatory bodies, such as U.S EPA and Canadian Environmental Protection Act (CEPA). Europe also held a significant share due to high consumption levels coupled with stringent environmental regulations by regulatory bodies regarding mining activities carried out within their jurisdiction are projected favorably impact industry growth over the next eight years.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging
- Rising awareness about the benefits of mineral fillers over other filler materials
- Growing investments in R&D to develop new and better mineral filler products
- Expansion of production capacities by key players to meet the rising demand for mineral fillers globally
- Emergence of new applications for mineral fillers in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Mineral Fillers Market Research Report
By Type
Plastics, Composite Materials, Concrete
By Application
Mining, Building, Other
By Companies
Akrochem, Albemarle, Hoffmann Minerals, US Minerals, Vanderbilt Chemicals, Akrochem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Mineral Fillers Market Report Segments:
The global Mineral Fillers market is segmented on the basis of:
Types
Plastics, Composite Materials, Concrete
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining, Building, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Akrochem
- Albemarle
- Hoffmann Minerals
- US Minerals
- Vanderbilt Chemicals
- Akrochem
Highlights of The Mineral Fillers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastics
- Composite Materials
- Concrete
- By Application:
- Mining
- Building
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mineral Fillers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mineral fillers are substances that are used to increase the volume or weight of a product. Mineral fillers can be found in many different products, including cosmetics, food items, and pharmaceuticals.
Some of the key players operating in the mineral fillers market are Akrochem, Albemarle, Hoffmann Minerals, US Minerals, Vanderbilt Chemicals, Akrochem.
The mineral fillers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mineral Fillers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mineral Fillers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mineral Fillers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mineral Fillers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mineral Fillers Market Size & Forecast, 2018-2028
4.5.1 Mineral Fillers Market Size and Y-o-Y Growth
4.5.2 Mineral Fillers Market Absolute $ Opportunity
Chapter 5 Global Mineral Fillers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mineral Fillers Market Size Forecast by Type
5.2.1 Plastics
5.2.2 Composite Materials
5.2.3 Concrete
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mineral Fillers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mineral Fillers Market Size Forecast by Applications
6.2.1 Mining
6.2.2 Building
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mineral Fillers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mineral Fillers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mineral Fillers Analysis and Forecast
9.1 Introduction
9.2 North America Mineral Fillers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mineral Fillers Market Size Forecast by Type
9.6.1 Plastics
9.6.2 Composite Materials
9.6.3 Concrete
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mineral Fillers Market Size Forecast by Applications
9.10.1 Mining
9.10.2 Building
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mineral Fillers Analysis and Forecast
10.1 Introduction
10.2 Europe Mineral Fillers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mineral Fillers Market Size Forecast by Type
10.6.1 Plastics
10.6.2 Composite Materials
10.6.3 Concrete
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mineral Fillers Market Size Forecast by Applications
10.10.1 Mining
10.10.2 Building
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mineral Fillers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mineral Fillers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mineral Fillers Market Size Forecast by Type
11.6.1 Plastics
11.6.2 Composite Materials
11.6.3 Concrete
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mineral Fillers Market Size Forecast by Applications
11.10.1 Mining
11.10.2 Building
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mineral Fillers Analysis and Forecast
12.1 Introduction
12.2 Latin America Mineral Fillers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mineral Fillers Market Size Forecast by Type
12.6.1 Plastics
12.6.2 Composite Materials
12.6.3 Concrete
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mineral Fillers Market Size Forecast by Applications
12.10.1 Mining
12.10.2 Building
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mineral Fillers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mineral Fillers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mineral Fillers Market Size Forecast by Type
13.6.1 Plastics
13.6.2 Composite Materials
13.6.3 Concrete
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mineral Fillers Market Size Forecast by Applications
13.10.1 Mining
13.10.2 Building
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mineral Fillers Market: Competitive Dashboard
14.2 Global Mineral Fillers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akrochem
14.3.2 Albemarle
14.3.3 Hoffmann Minerals
14.3.4 US Minerals
14.3.5 Vanderbilt Chemicals
14.3.6 Akrochem
