Ball clay is one of the rarest forms of clay. It is found only in small quantities in very few locations around the world. It got its name because early mining methods extracted the clay in cubes about 30 cm in diameter. The clay then became rounded over time and during storage, gaining the nickname "plastic clay."
Market Statistics:
The global ball clay market is estimated to account for US$ 375,031.81 Mn in terms of value by the end of 2021.
Global Ball Clay Market: Drivers
Ball clay has improved properties than other clays and this factor is expected to support the market growth in the near future. It has superior dry shrinkage, strength, and plasticity compared to china clay. Being a secondary clay, it contains iron and titanium impurities along with large portions of silica. Moreover, the ball clay can be grounded into ultra-finer particles. The fine particles of the clay provide high plasticity and offer superior strength to the product handling at a green stage.
Global Ball Clay Market: Opportunities
Increasing population and growing disposable income of consumers are creating need for more residential buildings. This in turn projected to offer bright market opportunities. Other factors such as ideal workability, controlled organic content, favourable rheological properties, and unfired strength is also projected to boost its demand in construction sector.
Global Ball Clay Market: Restraints
Unfavourable condition arising due to outbreak of Covid-19 is projected to hinder the ball clay market growth. The outbreak of Covid-19 has led to the postponement of investments or the start of new projects by about 6 months or a year. This is likely to have a short-term impact on the ball clay market. Thus, a slowdown or disruption in the various manufacturing and construction activities, owing to this deadly disease, is likely to affect the market studied in the short term during the forecast period.
Global Ball Clay Market - Impact of Coronavirus (Covid-19) Pandemic
COVID-19 is an infectious disease caused by a newly discovered coronavirus. While COVID-19 is a very contagious disease and people with underlying medical conditions, such as diabetes, cardiovascular disease, chronic respiratory disease, and cancer, are more likely to develop serious illness. Owing to the pandemic, various countries across the world, imposed lockdown in the first nine months of 2020. Due to this, various manufacturing plants and production facilities have been shut down and halted production. This has negatively affected the demand from various applications.
To know the latest trends and insights prevalent in the Global Ball Clay Market, click the link below:
https://www.coherentmarketinsights.com/market-insight/ball-clay-market-5104
Key Takeaways:
The global ball clay market was valued at US$ 375,031.81 Mn in 2021 and is forecast to reach a value of US$ 542,534.0 Mn by 2030 at a CAGR of 4.00% between 2022 and 2030.
Ceramic segment held dominant position in the global ball clay market in 2021, accounting for 93% share in terms of value, increasing approval and launch of new products is expected to propel growth of the segment during the forecast period.
Market Trends:
Urbanization and industrialization are projected to fuel the demand for ball clay over the forecast period. According to the United Nation, all over the world, a growing proportion of the population lives in cities. In 2010, 51.6 per cent lived in urban areas. By 2020, the share of urban population increased to 56.2 per cent. It is generally higher in the developed (79.2 per cent in 2020) than in the developing world (51.6 per cent)
Increasing production of premium ceramic products is also projected to foster the market growth. According to the Observatory of Economic Complexity (OEC), in 2020 the top exporters of Bathroom Ceramics were China ($6.82B), Mexico ($517M), Germany ($427M), Turkey ($287M), and Thailand ($219M)
Global Ball Clay Market: Competitive Landscape
- Amarnath Industries
- Ashok Alco - chem Limited (AACL)
- Golcha Associated (Associated Soapstone Distribution Company Pvt. Ltd.)
- Gujarat Mineral Development Corporation Ltd
- Modkha Marine Sdn Bhd
- Stephan Schmidt KG
- Imerys
- JLD Minerals
- Mota Ceramic Solutions
- Old Hickory Clay Company
- Sibelco
