Talc

Global Talc Market to Reach US$639.6 Million by 2030

The global market for Talc estimated at US$453.6 Million in the year 2024, is expected to reach US$639.6 Million by 2030, growing at a CAGR of 5.9% over the analysis period 2024-2030. Talc Carbonate, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$331.9 Million by the end of the analysis period. Growth in the Talc Chlorite segment is estimated at 6.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$117.9 Million While China is Forecast to Grow at 9.1% CAGR

The Talc market in the U.S. is estimated at US$117.9 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$147.6 Million by the year 2030 trailing a CAGR of 9.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.5% and 4.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Global Talc Market - Key Trends and Drivers Summarized

How Is Talc Used Across Industries and Products?

Talc is a naturally occurring mineral widely used in industries like cosmetics, plastics, pharmaceuticals, paints, and ceramics due to its softness, chemical inertness, and ability to absorb moisture. In cosmetics, talc serves as a base ingredient in face powders, blushes, and eye shadows, providing a smooth texture and a matte finish. In the plastics industry, talc is used as a filler to improve stiffness, heat resistance, and dimensional stability. In pharmaceuticals, it acts as a glidant, improving powder flow in tablets and capsules. As a versatile mineral with broad applications, talc continues to be in demand across various industries.

What Are the Key Segments in the Talc Market?

Key deposit types include talc chlorite, talc carbonate, and other associated minerals, with talc chlorite holding the largest market share due to its higher purity and suitability for a wide range of applications. End-users include the cosmetics and personal care industry, plastics industry, paints and coatings, ceramics, and pharmaceuticals, with the cosmetics sector representing a significant segment driven by the consistent demand for talc-based makeup and skincare products. Geographically, Asia-Pacific leads the market, driven by abundant talc deposits and growing industrial applications in countries like China and India.

How Is Talc Integrated Across Industrial Applications?

In cosmetics, talc is a vital component in products like pressed powders, deodorants, and body lotions, providing a smooth application and absorbent properties. In plastics manufacturing, talc-filled compounds are used in automotive parts, household appliances, and packaging materials, improving the performance and durability of plastic products. In the ceramics industry, talc serves as a flux, reducing the firing temperature and enhancing the thermal shock resistance of ceramic products. Additionally, in pharmaceuticals, talc aids in the production of tablets and capsules, ensuring consistency and uniformity during manufacturing.

What Factors Are Driving the Growth in the Talc Market?

The growth in the Talc market is driven by several factors, including increasing demand from the cosmetics and personal care industry, rising applications in the plastics and ceramics sectors, and advancements in talc processing technology. Innovations in refining techniques, such as higher-grade purity and customized talc formulations, have supported broader adoption across end-user industries. The focus on lightweight materials in automotive production, as well as the demand for high-performance ceramics in construction, has further fueled demand, as talc provides key functional benefits in these applications. Additionally, growing healthcare needs, expanding beauty trends, and rising consumer awareness about product quality have contributed to market growth, encouraging the use of talc across diverse industrial applications.

SCOPE OF STUDY:

The report analyzes the Talc market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Deposit Type (Talc Carbonate, Talc Chlorite, Other Deposit Types); End-Use (Plastics, Pulp & Paper, Cosmetics & Personal Care, Paints & Coatings, Ceramics, Pharmaceuticals, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 37 Featured) -

• American Talc Company
• BeiHai Group
• Golcha Minerals
• Guangxi Longguang
• Guilin Guiguang
• Haicheng Tianhe Chemistry Industry
• Haicheng Xinda Mining
• Hayashi-Kasei
• HuaMei Development
• Imerys
• IMI FABI
• Liaoning AIHAI
• Liaoning Qian He
• Longsheng Huamei
• Magnesita
• Minerals Technologies
• Mondo Minerals
• Nippon
• Pingdu Mine Industrial
• Specialty Minerals
• Xilolite

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.