Ball Clay Market Highlights On Future Development 2030

June 29 16:08 2021
Ball Clay Market Highlights On Future Development 2030
Over the past decade, the exponential rise in the urban population around the world has resulted in the construction of numerous commercial as well as residential spaces.

Ball Clay Market – Overview

Over the past decade, the exponential rise in the urban population around the world has resulted in the construction of numerous commercial as well as residential spaces. The booming construction sector, particularly in developing regions of the world, is expected to provide an impetus to the growth of the global ball clay market in the upcoming years. Ball clay, also known as ‘plastic clay’ is extensively used in the ceramic industry around the world, and is one of the most essential components of ceramic development. Moreover, ball clay is also used in the production of traditional ceramics, including floor tiles, sanitary ware, tableware, and a range of technical ceramics and electrical porcelains.

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Ball Clay Market – Notable Developments

On May 12, 2020, Sibelco completed the acquisition (initiated in 2019) of Ukraine-based clay manufacturers Euromineral LLC and Kurdyumovsky Plant PrJSC, located in the Donetsk region. These companies are expected to be managed under Sibelco’s Tiles, Engobes, and Engineered Stone business line. The acquisition strengthened the company’s market position in terms of Ukrainian clay, an important raw material for production of porcelain tiles worldwide. On December 17, 2019, Ashok Alco-Chem Limited acquired 35,000 equity shares of Aeon Procare Private Limited, which then became a wholly owned subsidiary of Ashok Alco-Chem Limited (AACL). Aeon Procare Private Limited engages in the marketing and sale of mineral-based pharmaceutical products.

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Ball Clay Market – Drivers and Restraints

Increasing urbanization is boosting the growth of the ball clay market globally. Rise in the demand for a fixed source of income among the population has compelled many people to move to urban areas. This growing population migrating from rural areas to cities in search of a fixed source of income has increased urbanization across the globe, subsequently increasing the demand for residential as well as commercial spaces, boosting the housing and real estate sector.

Many ceramics manufacturers use ball clay to achieve desired plasticity, and to reduce the detrimental effect on fired whiteness and drying properties of ceramic materials. The fine particle size of the ball clay in powder form of ceramics is water-resistant. Therefore, rise in demand for ball clay from multiple industrial applications such as refractory material for furnaces, casting slips, glazes, and engobes, along with residential applications (sanitary ware, floor tiles, and others), is expected to drive the global ball clay market.

Ball Clay Market – Geographical Segmentation

The ball clay market, in terms of region, is divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa. The global ball clay market has been segregated into North America (U.S., Canada, and Rest of North America), Europe (Ukraine, Germany, Spain, France, Netherlands, Italy, U.K., and Rest of Europe), Asia Pacific (China, India, Malaysia, Thailand, and Rest of Asia Pacific), Middle East & Africa (GCC Countries, South Africa, Turkey, and Rest of Middle East & Africa), and South America (Peru, Argentina, Brazil, and Rest of South America). The global ball clay market is dominated by Asia Pacific. The abundance of ball clay deposits/mines and presence of a number of ball clay producers in Asia Pacific have resulted in the region accounting for a larger share in terms of value. The low cost of ball clay is another reason for the increase in export of ball clay across the globe from the Asia Pacific region, subsequently accounting for major market share of the region.

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