The Europe talc market is anticipated to grow at a substantial CAGR of 3.3% during the forecast period. Europe is one of the largest and wealthiest economies. The region has world-class manufacturing industries such as automobiles and construction. Europe has grown rapidly in terms of per capita income, living standards, and technology. Economic development in the region has also led to rapid urbanization. The market for talc in the region will be driven by automotive, construction, paints & coatings, ceramics, and pulp & paper.

This growth ensues from rising investments in the construction industry and infrastructural developments in other general industries. The key markets for talc in 2020 were the UK, France, Italy, Russia, Austria, and Norway. However, some of the potential markets over the next five years include countries such as the Netherlands, Denmark, Russia, and Portugal due to rapid infrastructural development.

The European talc market is segmented based on the deposits and end-user. Based on deposits, the market is sub-segmented into talc carbonates, talc chlorites, and others. Based on end-user, the market is segmented into ceramics, construction, cosmetics and personal care, paints and coatings, pharmaceuticals, plastics, pulp and paper, and others. In the construction industry, talc is used in the production of cement and in roofing materials. Since talc is hydrophobic, it is used in the production of cement to blend or disperse polymers › In roofing materials, talc is added to asphaltic materials to make roofing materials more weather resistant. Talc is also sprinkled on roll roofing and shingles to prevent sticking. The construction industry in Europe is expanding significantly, thus the segment is expected to record substantial growth over the forecast period.

Country-wise, the market is analyzed based on the UK, Germany, France, Italy, Spain, and Rest of Europe. The construction industry in the Netherlands grew by 2.25% in October 2019 and is expected to grow further over the next five years owing to high investments from the public and private sectors. Being a leader in eco-innovation and construction with sustainability, infrastructural developments in Denmark will be high during the forecast period. The favorable macroeconomic environment also favors investment opportunities in the country. Going forward, the growth of the construction industry can drive the scope for talc in the region.

Research Methodology

The market study of the Europe talc market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Europe Talc Market Research and Analysis by Deposits
2. Europe Talc Market Research and Analysis by End-user

The Report Covers

• Comprehensive research methodology of the Europe talc market.
• This report also includes a detailed and extensive market overview with the key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Europe talc market.
• Insights about market determinants which are stimulating the Europe talc market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.