The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising disposable income are expected to drive innovation in talc manufacturing, thus driving the market during the forecast period.

The global talc market is expected to grow from $9.25 billion in 2022 to $10.53 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. The talc market size is expected to grow from $17.68 billion in 2027 at a CAGR of 13.8%.

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Global Talc Market Segments Include:

• By Type: Talc Chlorite, Talc Carbonate, and Others Types– Talc
• By Mining Type: Underground Mining, Surface Mining
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Eastern Europe is the largest region in the global talc market in 2021.

Major Market Players in the talc market include Golcha Minerals (Golcha Group), Imerys, IMI Fabi, Minerals Technologies Inc., and Mondo Minerals.

The growth in the talc market is due to increasing sales in rapidly developing countries such as China and India owing to rising disposable income, increasing demand for, and availability of credit. For instance, according to the Bureau of Statistics of China, Disposable Personal Income in China increased to 47412 CNY in 2021 from 43834 CNY in 2020. Therefore the rising disposable income is driving the talc market.

The Talc Global Market Report 2023 provides a talc market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The talc market forecast analyzes talc market size, talc market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Talc refers to the process of mining talc that has several properties such as retaining fragrance, luster, purity, softness, and whiteness.

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