Global Diatomite Market Share Is Expected to Grow At A CAGR Value Of Around 6.96% By 2032

18-May-2024 | Facts and Factors

According to Facts and Factors, the global diatomite market was valued at USD 1,370 million in 2023 and is predicted to increase at a CAGR of 6.96% to USD 2,510 million by 2032. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

Global Diatomite Market Size

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End-user industries such as water treatment, crop protection chemicals, and absorbency, among others, drove the diatomite industry. The huge demand for diatomite from filtration mediums has been a major driver in diatomite's recent rise. Diatomite is used to deliver nitroglycerin in industrial applications. Diatomite is used as a filtering media in swimming pools for filtration. Diatomite is a filtering aid used in chemistry to filter out small particles from solutions. Diatomite is used as a mild abrasive in toothpaste, facial cleansers, and metal polishes in the abrasive business. Diatomite is utilized in fungicides, insecticides, and rodenticides, among other crop protection compounds.

Browse the full “Diatomite Market Size, Share, Growth Analysis Report By Type (Natural Grades, Calcined Grades, and Flux-Calcined Grades), By Sources (Freshwater Diatomite and Saltwater Diatomite), By Application (Filtration, Additives in Cement & Fillers, and Absorbents), And By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2024 – 2032"  report at https://www.fnfresearch.com/diatomite-market-report

Diatomite is employed as an absorbent in a variety of situations, including spills of excess oil, ethylene gas, and other dangerous liquids. Due to its strong thermal capabilities, diatomite is often employed in traditional thermal cookers. Diatomite is utilized in medical and healthcare applications for DNA purification, absorbency, and liquid filtration. Furthermore, diatomite is employed in agricultural applications such as hydroponics, animal nutrient markers, and other specialized applications. However, diatomite-related health laws are expected to slow the market's growth in the coming years. Diatomite's large surface area, abrasiveness, and high silica content encourage its use in a wide range of applications such as filtration, functional additives, absorbents, and medicines, which is expected to drive market growth over the forecast period. Due to its strong purifying properties, the filtration market is the primary consumer of diatomite. Furthermore, diatomite's growing use in industries such as paints, plastics, pesticides, pharmaceuticals, chemicals, adhesives, sealants, and paper is expected to drive market growth throughout the forecast period.

Natural grades will continue to dominate the market, depending on the application, over the projection period. Diatomites are made up of the fossilized remnants of microscopic aquatic animals called diatoms. Their skeletons are made of silica, a naturally occurring substance. Over the projected period, the increased use of diatomite in industries such as paints, plastics, pesticides, pharmaceuticals, chemicals, adhesives, sealants, and paper is expected to drive market expansion.

The diatomite market will see absorbents become a popular application segment. Due to its high surface area and porosity, this product is increasingly being used to clean up spills in the waste remediation, janitorial, industrial, and automotive industries. Furthermore, given the product's use as an absorbent in personal care products, the strong focus on hygiene and the resulting increase in demand for hygiene-based beauty items would drive segmental growth.

Due to the large number of diatomite reserves available in the region, North America accounted for the largest market share in terms of demand. Furthermore, rising demand from various industrial applications such as water treatment, absorbent, and crop protection chemicals is expected to boost diatomite market growth during the forecast period. Due to the rising demand for crop protection and water treatment chemicals, the United States had the highest demand for diatomite in North America. Crop protection chemicals and industrial applications are driving up demand. With its superior filtration properties, diatomite is increasingly being used in water treatment.

The report contains qualitative and quantitative research on the global Diatomite Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

Report Scope

Report Attribute

Details

Market Size in 2023

USD 1,370 Million

Projected Market Size in 2032

USD 2,510 Million

CAGR Growth Rate

6.96% CAGR

Base Year

2023

Forecast Years

2024-2032

Key Market Players

Calgon Carbon Corporation, Caltron Clays & Chemicals, Diatomite CJSC, Dicalite Management Group LLC, EaglePicher Technologies, EP Minerals, Hudson Resources Inc, Imerys, Jilin Yuantong Mineral, KURARAY CO LTD, Nova Industries Ltd., Oracle Chemicals, Reade International Corp, Seema Minerals & Metals, Shengzhou Huali Diatomite, Showa Chemical Industry Co. Ltd., and others., and Others.

Key Segment

By Type, By Sources, By Application, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

Purchase Options

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Some major players covered in the global diatomite market are; Calgon Carbon Corporation, Caltron Clays & Chemicals, Diatomite CJSC, Dicalite Management Group, LLC, EaglePicher Technologies, EP Minerals, Hudson Resources Inc, Imerys, Jilin Yuantong Mineral, KURARAY CO LTD, Nova Industries Ltd., Oracle Chemicals, Reade International Corp, Seema Minerals & Metals, Shengzhou Huali Diatomite, Showa Chemical Industry Co., Ltd., and others.

The Global Diatomite Market is segmented as follows:

By Type

  • Natural Grades
  • Calcined Grades
  • Flux-Calcined Grades

By Sources

  • Freshwater Diatomite
  • Saltwater Diatomite

By Application

  • Filtration
  • Additives in Cement & Fillers
  • Absorbents

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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