Lucintel Forecasts Diatomaceous Earth Market To Reach $2 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the diatomaceous earth market is projected to reach an estimated $2 billion by 2030 at a CAGR of 5% from 2024 to 2030. The major drivers for this market are increasing demand for lithium ion batteries, growth in consumer electronics, and increasing demand for materials which provide superior chemical and mechanical properties.
Browse 107 figures/charts and 68 tables in this 205-page report to understand trends, opportunities and forecast in diatomaceous earth market by product (natural, calcined, and flux-calcined), application (filter aids, construction materials, fillers, absorbents, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that natural diatomaceous earth will remain the largest segment due to rising demand from filter aid and absorbent applications. The calcined diatomaceous earth segment is expected to witness the highest growth rate due to its increasing usage in the food and beverage industry.
Filter aids will remain the largest application and witness the highest growth during the forecast period due to ...
... increasing demand for calcined and natural diatomite in filter aid and construction material applications.
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North America will remain the largest region, and APAC is expected to witness the highest growth over the forecast period, supported by rising demand from various industries, such as water treatment, industrial applications, abrasive, medical and healthcare, absorbents, and crop protection chemicals.
Major players of diatomaceous earth market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Imerys S.A., Showa Chemical, Calgon Carbon Corporation, US Silica, Dicalite Management Group, Reade Advanced Materials, Jilin Yuantong Minerals, JJS Minerals, Qingdao Best Diatomite, Diatomit SP CJSC are among the major diatomaceous earth providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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