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Fillers market to grow to $22.5 billion by 2018

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By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

Modern fillers are increasingly used to improve the technical properties of filled materials. As a result, the filler market will grow by about 2.5 percent per year, according to Ceresana Research. Emerging countries, spearheaded by China and India, offer the greatest opportunities. Ceresana’s revised market study on fillers forecasts the global filler market to earn revenues of approximately US$22.5 billion in 2018.

Manufacturers and processors of fillers in the Asia-Pacific, South America and Eastern Europe benefit from large mineral deposits that can be exploited at low costs and from dynamics in their downstream industries, such as plastics, rubbers, papers, paints and varnishes, as well as adhesives and sealants.

Developments in the demand for individual types of fillers, such as ground or precipitated calcium carbonate (GCC and PCC), carbon black, kaolin and talc, vary from region to region. While Europe will see the use of PCC increase the most, the recovery of the rubber industry in North America is generating stronger demand for carbon black. In the other world regions, the most widely used GCC fillers will continue to see the biggest gains.

For more info visit www.ceresana.com/en/market-studies/additives/fillers-new.

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