Global Halloysite market will reach 67 Million US$ by 2025

Publisher: QYResearch

Published Date: 2019/1/26

Halloysite is an aluminosilicate clay mineral with the empirical formula Al2Si2O5(OH)4. Its main constituents are aluminium (20.90%), silicon (21.76%) and hydrogen (1.56%).

It is a member of the kaolinite family of luminosilicates but, whereas kaolin particles are platy in shape, halloysite particles are nanotubes, where the aluminosilicate sheets are rolled up like a scroll.

Regionally, halloysite production site are mainly distributed in four regions, such as North America, Europe, Oceania and China. In 2017, Oceania is the largest production region, with revenue of 14.18 million USD. Europe is the second largest sales region.

Global Halloysite market size will increase to 67 Million US$ by 2025, from 22 Million US$ in 2017, at a CAGR of 14.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Halloysite.

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