Mining

Talc Industry Overview 2025: Growth Projections and Market Trends

November 14, 2025 by The Business Research Company

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What Is The Future Market Size Estimation For The Talc Market Covering 2025–2034?

The talc market has experienced robust expansion over recent years. Its valuation is projected to increase from $5.45 billion in 2024 to $5.73 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.1%. Historically, this growth has been driven by the cosmetics and personal care industry, plastics and polymers manufacturing, the paper and pulp industry, ceramics and paints, and pharmaceuticals.

The talc market is projected to experience substantial expansion over the upcoming years. By 2029, it is anticipated to reach a valuation of $7.59 billion, demonstrating a compound annual growth rate (CAGR) of 7.3%. This projected growth is driven by factors such as the heightened demand for cosmetics, the escalating need for plastics and polymers, the expansion of the paper and pulp sector, the broader utilization in ceramics and paints, and advancements within the pharmaceuticals industry. Key trends identified for this period encompass a concentrated focus on talc in the paper and pulp industry, its use in ceramics and refractories, its role in agriculture for crop protection, a noticeable move towards talc substitutes in cosmetic products, and adherence to global regulatory standards for talc-based goods.

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What Are The Emerging Market Drivers Creating New Opportunities In The Talc Industry?

The expanding requirement within the paints and coatings sector is anticipated to boost the talc market’s expansion. This demand stems from the necessity for advanced products delivering superior durability, enhanced weather resistance, and visual appeal across residential and commercial uses. Talc elevates paint quality by boosting its longevity, resistance to moisture, and smooth finish, thereby stimulating its consumption in the construction and automotive industries, where premium coatings are crucial. An illustration of this trend is that, as reported by the World Paint and Coatings Industry Association, a Belgium-based international non-profit organization, in January 2024, the worldwide paint and coatings market achieved a valuation of $185.5 billion in 2023, representing a 3.2% rise from its 2022 figure. Consequently, the increasing need in the paints and coatings industry is set to fuel the talc market’s growth moving forward.

What Are The Major Segments Identified In The Talc Market?

The talc market covered in this report is segmented –

1) By Type: Talc Chlorite; Talc Carbonate; And Others Types– Talc

2) By Mining Type: Underground Mining; Surface Mining

Subsegments:

1) By Talc Chlorite: Industrial Talc Chlorite; Cosmetic Talc Chlorite

2) By Talc Carbonate: Industrial Talc Carbonate; Cosmetic Talc Carbonate

3) By Others Types– Talc: Steatite; Soapstone; Other Specialized Talcs

What Trends Are Redefining The Talc Market Dynamics?

Leading companies in the talc market are prioritizing investments in specialized production facilities, particularly talc processing plants, with the goal of enhancing productivity and commercial outcomes. Talc processing plants are establishments where talc is extracted, milled, and refined to produce various grades and types for applications across industries including cosmetics, plastics, paints, and pharmaceuticals. For instance, in November 2023, Imerys S.A., a France-based firm focused on industrial mineral production and processing, inaugurated its new talc processing plant in Wuhu, China. This facility is dedicated to manufacturing high-value specialty talcs for the automotive polymers market and represents Imery’s most significant investment project in the region in recent years. It manufactures a range of engineered talcs, such as high aspect ratio, ultrafine, and micro lamellar varieties like HAR, Jetfine, and Steamic, specifically formulated to boost the mechanical performance of talc-reinforced plastic parts increasingly used to replace metal components in modern vehicles, in addition to the ImerFlex range for downgauging tire inner liners.

Which Leading Companies Dominate The Talc Market Share?

Major companies operating in the talc market include Imery SA, SCR-Sibelco NV, Minerals Technologies Inc., HZM Corp., Nippon Talc Co. Ltd., Elementis plc, R.T. Vanderbilt Holding Company Inc. – gouverneur talc, Petrovietnam Chemical and Services Corporation, 20 Microns Limited, Burgess Pigment Company, Ashapura Minchem Ltd., Golcha Group, Mondo Minerals, Magris Performance Materials, Eurominerals Ltd., ANAND TALC, IMI Fabi SpA, Haichen Minchem Co. Ltd., Jai Group, Shri Vinayak Industries, Sun Minerals Pvt. Ltd., Xilolite SA, AKJ MinChem Pvt. Ltd., Chanda Minerals, LITHOS Industrial Minerals GmbH, Ashirwad Minerals & Marbles, Liaoning Aihai Talc Co. Ltd., Oriental Talc Pvt. Ltd., Shivam Multi Microns LLP, Pingdu talc mining Co. Ltd.

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What Regional Growth Trends Are Shaping The Talc Market Outlook?

Eastern Europe was the largest region in the talc market in 2024. The regions covered in the talc market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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