Talc Market

Talc Market Analysis, By Form (Powdered Talc, Talc Lumps or Granules), By Deposit Type (Talc Chlorite, Talc Carbonate, Other Talc Deposit Types), By End-use (Agriculture, Ceramics, Pharmaceuticals, Paints & Coatings, Cosmetics), By Region - Global Market Insights 2022 to 2032

Analysis of Talc market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Plethora of Applications to Gear-up Talc Consumption

The global talc market is estimated at US$ 1.6 billion in 2022 and is slated to expand at a CAGR of 3.3% to reach US$ 2.3 billion by the end of 2032. Surging automobile industry will open up new growth opportunities for talc manufacturers over the coming years.

Report Attributes


Talc Market Size (2022)

US$ 1.6 Billion

Forecasted Market Value (2032F)

US$ 2.3 Billion

Global Market Growth Rate (2022-2032)

3.3% CAGR

North America Market Share (2022)


Europe Market Share (2022)


China Market Share (2022)


Market Share of Top 3 Countries


Key Companies Profiled

  • Golcha Minerals Pvt. Ltd
  • IMI Fabi LLC
  • Jai Vardhman Khaniz Pvt. Ltd.
  • Lianoing Aihai Talc Co. Ltd.
  • Xilolite S.A
  • Imerys S.A
  • Mondo Minerals
  • Minerals Technologies Inc.
  • Nippon Talc Co. Ltd.
  • RT Vanderbilt Holding Company Inc.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Talc Consumption and Sales Pattern Analysis

Rapid industrialization in emerging economies such as Thailand, Malaysia, Mexico, Brazil, Argentina, Russia, South Africa, China, and India is driving the growth of the talc market as it is used in several end-use industries for numerous applications.

Population growth and increasing disposable income of the middle class in emerging economies have increased the demand for different types of consumer products such as cosmetics, ceramics, plastic auto parts, and pharmaceuticals, thus driving the growth of the target market. Expansion of the manufacturing and service sectors in emerging economies is another factor driving the growth of the market.

  • Early Growth Factors: Rising demand from automotive and food sectors to create high-profit margins for market players.
  • Factors Determining Medium-Term Growth: Demand for talc in the cosmetic industry and emerging & evolving new cosmetic brands will continue to contribute to market growth.
  • Long Term (2028-2032): R&D coupled with the integration of bio-based solutions to make talc skin-friendly will create lucrative opportunities for the market.

According to Fact.MR, a market research and competitive intelligence provider, the market for talc is projected to expand at 3.3% CAGR between 2022 and 2032.

Talc market forecast by Fact.MR

Market share analysis of talc based on end-use industry and region. Under the end-use industry segment, ceramics leads the market in 2022.

Automotive Sector to Supplement Market Growth

Continuous advancements in the technology used in cars and increased demand for lightweight auto parts have led vehicle manufacturers to replace metal parts in cars with plastic and composite parts. The use of lightweight plastic and composite components reduces the overall weight of the vehicle, thereby boosting fuel efficiency.

These lightweight plastic parts are made from polypropylene reinforced with talc powder, which improves their performance and durability. It also provides resistance to wear and corrosion. In addition, the growing automotive recycling market and the booming auto OEM parts market are also expected to drive the growth of the global talc market during the forecast period.

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R&D to Bolster Market Expansion

The potential uses for talc are virtually endless and R&D's constant outcome in the industry will help uncover new uses. R&D activities are carried out in the industry to develop new powders for use in barrier coatings for cardboard food packaging.

Extensive research is underway to develop talc coatings to improve the printability of gravure paper; low abrasive market for extruding polypropylene pipes; and dual graded to develop volatile organic compound (VOC) coatings. Therefore, there is considerable scope for the development of improved talc grades for use in the pulp & paper and food industries.

Stringent Regulations - A War to Win

Directives from various environmental protection agencies globally to regulate the production and use of talc in end-use industries are expected to hinder the growth of the market to some extent.

These environmental protection agencies have introduced various regulations around the world to decrease the negative consequence of mining and manufacturing and processing plants on humans and the environment.

  • The use of talc as an anti-caking agent in the food industry is subject to Food and Drug Administration (FDA) regulations. According to FDA guidelines, only asbestos-free talc be used in the food industry.

Further, thousands of lawsuits have been filed around the world against its use in cosmetic products by people with ovarian cancer or mesothelioma after using talc products.

  • Various juries around the world fined manufacturers of talc-based cosmetic products, such as baby powder, and also companies that supply talc to companies for the production of cosmetic products.

Lawsuits against the use and production of talc have created the image of a dangerous product, especially in the cosmetics industry. However, talc manufacturers and their end-use companies have denied these allegations of its carcinogenic nature.

Country-wise Insights

Why Does India Have Prominent Growth Opportunities in the Talc Market?

India projects immense growth opportunities for the talc market due to the emerging and evolving end-use sectors across the nation. India is the most considerable manufacturer across the globe, followed by China.

  • India and China produced 1,700 thousand metric tonnes and 1,400 thousand metric tonnes of talc from mines, respectively, in 2021, as per data released by the U.S. Geological Survey (USGS).

India is among the few countries that have white talc reserves. Its deposits can be found all across the nation. A majority of the white talc produced is used domestically.

Rajasthan produces a majority of talc that is used in commercial products in India. The two largest producers are Golcha Associated and Golcha Group, located in Jaipur. They supply high-quality talc to cosmetics and polymer industries.

  • The Plastics Export Promotion Council (PLEXCONCIL) reports that from April to June 2021, India's plastics export raised and was valued at USD 3.4 billion from USD 2.2 billion in April to June 2020, a 55% gain.

What Makes China a Highly Productive Talc Market?

In plastic production, talc is used as a filler. Its particles as sheets or platy shapes help increase the stiffness of products such as vinyl, polypropylene, nylon, polyethylene, and polyester, among others. It also improves the temperature or heat resistivity of such products and decreases shrinkage.

The plastic industry is anticipated to grow in the Asia Pacific region more prominently even after governments have taken concrete measures against plastic usage. The Chinese plastic industry is expanding at an elevated rate due to the availability of low-price and cost-effective raw materials and tremendous need from end users.

  • According to the National Bureau of Statistics of China, in 2021, plastic production in China stood at 82.33 million metric tons, with a gain of 5.5% compared to 2020's total production which stood at 78.08 million metric tons.

Talc has a prominent application in rubber manufacturing; it delivers a bounce or restorative property to rubber. It also prevents the rubber from stickiness. In addition, the properties of talc, such as high heat resistance and bonding qualities, make it a suitable choice for rubber applications. Thus, the growing rubber industry in China will provide opportunities to talc suppliers over the coming years.

Category-wise Insights

Why is Powder Talc Gaining Traction in the Global Market?

Talc powder is available in three different grades: ground, fine, and ultrafine. These materials have high levels of whiteness, good suspension, and good dispersion properties, which makes their demand high in the market.

The demand for talc powder has grown as a result of the cosmetic industry’s growth. Products such as baby powder, dry shampoo, blush, and dusting powder, among others, are driving segment growth.

Why is Talc Consumption High in the Paints & Coatings Industry?

Talc is primarily used in the paints and coatings industry, as well as in fillers, printing inks, and other coating-related industries. It is the ideal filler for the paints and coatings industry due to its lamellar structure, hydrophobic characteristics, and chemical inertness.

The market has recently experienced a rise in demand in this industry as a result of its barrier effect, which can successfully stop moisture and corrosion from entering paints and coatings. These characteristics make coatings less prone to blistering, peeling, corrosion, and bubble formation.

Manufacturers and Their Key Strategies

Prominent manufacturers of talc include Golcha Minerals Pvt. Ltd, IMI Fabi LLC, Jai Vardhman Khaniz Pvt. Ltd., Lianoing Aihai Talc Co. Ltd., Xilolite S.A, Imerys S.A, Mondo Minerals, Minerals Technologies Inc., Nippon Talc Co. Ltd., and RT Vanderbilt Holding Company Inc.

Market titans are adopting numerous strategies to increase their overall sales. To achieve this, they are focusing their resources on capacity expansion, R&D, and enhancement of the supply chain, which contribute to expanding their catchment area.

Further, the adoption of digital platforms to amplify sales and strengthen brand recognition is a major growth strategy. The organic and inorganic approach is also providing high-growth opportunities for market players.

  • In February 2021, Magris Resources Canada, Inc. bought all the assets of Imerys’ at the price of US$ 223 million. With this acquisition, the firm will gain a major competitive advantage in U.S. markets.
  • Specialty Minerals Inc. (SMI), a division of Minerals Technologies Inc., announced in January 2021 that it had increased its rates across its portfolio of mineral products effective on the 1st of January 2021. Depending on the product line, the amount of it produced in Barretts, Montana, and Bay City, Texas, will rise by 5–10%.

Fact.MR has provided detailed information about the price points of key manufacturers of talc positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Talc Industry Research

  • By Form :

    • Powdered Talc
    • Talc Lumps or Granules
  • By Deposit Type :

    • Talc Chlorite
    • Talc Carbonate
    • Other Deposit Types
  • By End-Use Industry :

    • Agriculture
    • Ceramics
    • Pharmaceuticals
    • Paints & Coatings
    • Cosmetics
    • Pulp & Paper
    • Food
    • Other End Uses
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

At what rate is the talc market estimated to grow from 2022 to 2032?

The global talc market is predicted to expand at 3.3% CAGR through 2032.

Which are the major segments considered in this talc market study?

Form, deposit type, and end-use industry are the segments studied for this market.

What is the expected revenue from the talc market by 2032?

The global market for talc is forecasted to reach US$ 2.3 billion by the end of 2032.

Who are the key manufacturers of talc?

Golcha Minerals Pvt. Ltd, Imerys, Nippon Talc, IMI Fabi, and Mondo Minerals are leading manufacturers of talc.

Which region dominates the global talc market?

East Asia is the dominating regional market for talc.

Talc Market

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