Halloysite Clay Market to Undertake Strapping Growth 2026
Halloysite
clay is a unique and versatile nanomaterial that is formed by surface
weathering of aluminosilicate minerals. It is composed of aluminum,
silicon, hydrogen, and oxygen. Halloysite belongs to the Kaolin
subgroup of minerals and has similar chemical structure as Kaolinite.
Halloysite molecules have a tube-like structure which makes it a
favorable material for application in nanomaterial. Unlike carbon
nanotubes, halloysite clay is cost-effective, biocompatible, and
readily available nanomaterial. Halloysite nanotubes do not clump
together, which makes it ideal for use in electronic fabrication and
other high-tech ceramic-composite applications. The material has a
lot of potential and use in numerous applications across various
industries.
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Global
Halloysite Clay Market: Drivers & Restrains
Halloysite
is extensively used as a suspension agent in glaze preparations due
to its fine particle size. High purity and low iron and titania
content makes halloysite clay an ideal material for exceptionally
white and translucent ceramic ware. The material is also used for
high-tech ceramic applications, although its usage in this
application is currently limited which, is expected to grow in the
near future.
Rise
in demand for halloysite clay as a nanomaterial and its extensive
usage to manufacture ceramic ware boost the halloysite clay market.
This is prompting companies increase production of this material.
Additionally, easy availability of raw materials is anticipated to
boost demand for halloysite clay in the near future.
Technological
advancements in the global halloysite clay market are increasing.
Companies are constantly striving to develop new and better ways to
manufacture of this material. Development of new manufacturing
processes of halloysite clay and rise in applications are estimated
to propel the market. However, volatility in prices of raw materials
is projected to hamper the market.
Global
Halloysite Clay Market: Key Segments
Based
on application, the halloysite clay market can be divided into
nanomaterial, cosmetics, paints & coatings, electronics, and
others. The nanomaterial segment dominates the market due to
extensive use of halloysite clay as a nanomaterial in various
industries in emerging economies such as India and China.
Global
Halloysite Clay Market: Regional Outlook
In
terms of geography, the halloysite clay market can be divided into
North America, Latin America, Asia Pacific, Europe, and Middle East &
Africa. North America is anticipated to constitute major share of the
market during the forecast period. The halloysite clay market in Asia
Pacific is estimated to expand at a significant pace due to rise in
demand for halloysite clay in cosmetics. Middle East & Africa is
likely to be an attractive region for the halloysite clay market
during the forecast period due to increase in demand in nanomaterial
in the region.
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Global
Halloysite Clay Market: Key Players
Prominent
players operating in the global halloysite clay market include Living
Nature, Reade International Corp., BASF SE, I-Minerals Inc.,
NaturalNano Corp, Applied Minerals Inc. and American Elements. These
players engage into research and development, strategic alliances,
and mergers & acquisitions in order to gain market share in the
global halloysite clay market.
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