Global Wollastonite Powder Market Size By Application, By Geographic Scope And Forecast
Wollastonite Powder Market Size And Forecast
Wollastonite Powder Market was valued at USD 195 Million in 2019 and is projected to reach USD 363.98 Million by 2027, growing at a CAGR of 8.1% from 2020 to 2027.
Global Wollastonite Powder Market Overview
The construction sector is the major driving factor for the growth of the wollastonite powder market. Wollastonite is used in floor and tiles and with the growing construction and infrastructure activities worldwide the demand for wollastonite powder is increasing exponentially. Apart from construction, wollastonite powder finds various applications in polymers, paints, ceramics, metallurgy, and construction. Furthermore, increasing demand for plastic in the automotive interior, exterior applications coupled with the growth of the automotive sector in various economies will fuel the growth of the market. However, there are some strict government regulations regarding greenhouse emissions and may limit the growth of the market over the forecast period.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Wollastonite Powder Market is mainly bifurcated into sub-segments which can provide a classified data regarding the latest trends in the market.
Global Wollastonite Powder Market: Segmentation Analysis
Wollastonite Powder Market is segmented based on Application And Geography.
Key Players in Wollastonite Powder Market
The Global Wollastonite Powder Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Nordkalk, Wolkem India Ltd, Imerys S.A., ACBM JSC, R.T. Vanderbilt Holding Company Inc., Canadian Wollastonite, Xinyu South Wollastonite Co., Ltd, Changxing Earth New Type of Material Co. Ltd., Jilin Shanwei Wollastonite Mining CO. LTD.
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