Global Vermiculite Market Outlook, Opportunities And Strategies – Includes Vermiculite Market Size
Learn about the global vermiculite market through The Business Research Company, which provides information on vermiculite market size, vermiculite market drivers and restraints, vermiculite market players, the COVID-19 impact on the vermiculite market, and more.
The global vermiculite market size is expected to grow from $0.27 billion in 2021 to $0.32 billion in 2022 at a compound annual growth rate (CAGR) of 19.1%. The global vermiculite market size is expected to grow to $0.66 billion in 2026 at a CAGR of 20.1%.
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The vermiculite market consists of sales of vermiculite by entities (organizations, sole traders and partnerships) that mine vermiculite, which is used in agriculture, automotive, chemical packaging, construction, fire protection, and other applications.
Global Vermiculite Market Segments Include:
By Type: Large Grade Vermiculite, Fine And Finer Grade Vermiculite, Medium Grade Vermiculite
By Product: Crude Vermiculite, Exfoliated Vermiculite
By End-User Industry: Chemical, Agriculture, Automotive, Construction, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the vermiculite market in 2021.
Modular components design with 3D printing is being widely used in the mining industry. 3D printing technology enables companies in remote locations to manufacture critical parts onsite as per the requirement, thereby reducing delays due to unplanned maintenance and also eliminates the need for holding inventories. Miners are relying on advanced heavy lift transport to move modular equipment to remote sites. This technology enables miners to construct processing units in low cost factories elsewhere, thus avoiding expensive onsite construction of modular equipment.
TBRC’s vermiculite market report covers:
Major Market Players: Palabora Mining Company, Samrec Vermiculite, Virginia Vermiculite Llc, UBM União Brasileira de Mineração S.A., and JSC Kovdorsluda.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Vermiculite Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides vermiculite market overviews, analyzes and forecasts market size, share, vermiculite market players, vermiculite market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s vermiculite market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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