Talc Market Size and Share

Talc Market (2025 - 2030)
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Talc Market Analysis by Mordor Intelligence

The Talc Market size is estimated at 8.07 million tons in 2025, and is expected to reach 9.98 million tons by 2030, at a CAGR of 4.35% during the forecast period (2025-2030). Rising electric-vehicle production, stricter packaging sustainability targets, and a broad shift to water-based coatings keep the talc market on a steady upward path. Lightweight polypropylene compounds containing high-aspect-ratio talc grades are replacing glass fiber in electric vehicle (EV) interior panels and battery housings, while food and beverage firms are adopting Generally Recognized as Safe (GRAS)-certified talc as a natural processing aid. Investments such as Imerys’ 35,000 tpa Wuhu plant underline the emphasis on application-specific products. Simultaneously, ore-sorting technology is lifting resource utilization, helping producers offset cost pressures tied to tightening regulatory frameworks.

Key Report Takeaways

  • By deposit type, talc carbonate accounted for 62.34% of the Talc market size in 2024, whereas talc chlorite is registering a 4.91% CAGR up to 2030.
  • By end-user industry, plastics and rubber led with 27.56% of the Talc market share in 2024; the segment is expanding at a 5.12% CAGR through 2030.
  • By geography, Asia-Pacific commanded 53.45% revenue share of the Talc market size in 2024 and is growing at a 5.34% CAGR to 2030.

Segment Analysis

By Deposit Type: Carbonate Grades Steer Overall Volume

Talc carbonate led the segment with 62.34% of the Talc market size in 2024, benefiting from abundant reserves in India and China and a processing cost structure that favors high-throughput commodity grades. Talc chlorite, though less available, is gaining traction at a 4.91% CAGR because its thermal stability suits under-hood automotive and electronics parts. Suppliers exploiting mechanochemical activation now tailor surface energy and particle aspect ratio to user specifications, enabling carbonate ore from marginal deposits to compete in mid-range applications. Investment in jet-mill fine grinding is equally pivotal, turning coarse feedstock into sub-2 µm powders critical for high-gloss coatings.

Continued R&D on ultrafine, micro-lamellar morphologies blurs traditional boundaries between deposit types, letting carbonate mines displace chlorite grades in some roles. Yet, regulatory headwinds related to residue mineral content make chlorite-rich ore attractive for OEMs demanding low impurities. The talc market, therefore, tracks a dual trajectory: cost-driven carbonate volumes dominate mass applications, while value-driven chlorite captures incremental share in premium niches.

Talc Market: Market Share by Deposit Type
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By End-user Industry: Plastics and Rubber Retain Leadership

The plastics and rubber segment held 27.56% of the Talc market share in 2024 and is rising at a 5.12% CAGR on the back of electrification and circular-economy packaging mandates. Weight reduction, dimensional stability, and lower overall compound cost underpin adoption in PP interior trims, appliance housings, and thin-wall containers. New masterbatch lines optimized for 40-70% talc loadings underscore confidence in long-term pull from recyclers that need stiffness recovery. 

Paints and coatings remain the second-largest outlet, with Asia-Pacific’s infrastructure boom sustaining bulk volume. Ceramics applications contribute a steady base demand tied to tile and sanitary ware exports, although energy pricing affects kiln firing economics. Pulp and paper face structural decline outside of niche food-contact boards in Europe and North America. Personal-care grades are hampered by litigation sentiment, while food and beverage applications, though small in tonnage, offer some of the highest unit margins in the talc market thanks to purity premiums.

Talc Market: Market Share by End-user Industry
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Note: Segment shares of all individual segments available upon report purchase

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Geography Analysis

Asia-Pacific commanded 53.45% of the Talc market size in 2024 and is projected to grow at a 5.34% CAGR through 2030, supported by India’s 25% global production share and integrated supply chains linking Chinese processors to downstream plastics exporters. Domestic EV manufacturing in China, Japan, and South Korea requires ultrafine talc masterbatches, ensuring local offtake for high-aspect-ratio grades. Simultaneously, booming construction in Southeast Asia increases paint-grade demand despite regulatory moves toward low-VOC (Volatile Organic Compound) formulations.

North America remains strategically important, with original equipment manufacturer (OEM) lightweighting initiatives sustaining premium-grade consumption. Nonetheless, cautious consumer sentiment around talc cosmetics and environmental approval hurdles for new mines hold growth to mid-single digits. Weather-induced disruptions highlight supply risks, prompting downstream buyers to diversify procurement across multiple regions to stabilize talc market access.

Europe’s stricter crystalline silica protocols and pending REACH revisions will likely raise testing costs and reshape purchasing criteria for industrial users. Buyers in Germany and France already request Environmental, Social, and Governance (ESG) audits, boosting prospects for low-carbon supply streams. South America and the Middle East & Africa show rising construction and consumer-goods output, yet fragmented logistics and limited local processing still constrain regional talc market scalability. Investors targeting these regions often form joint ventures with established European or Asian processors to lock in technological know-how.

Talc Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The Talc market exhibits moderate consolidation. Imerys, Nippon Talc, Mondo Minerals, and Golcha dominate high-value segments through vertical integration and application labs that tailor formulations for automotives, coatings, and pharmaceuticals. Technology and ESG credentials increasingly define competitive advantage. Companies deploying AI sorting, renewable-energy grinding, and closed-loop water systems are differentiating themselves in supplier scorecards. Forward-integration into compounding and masterbatch production enables margin capture while insulating against raw ore price swings, positioning leading firms to widen their share of the talc market.

Talc Industry Leaders

  1. Imerys

  2. Magris Performance Materials

  3. Golcha Group

  4. Minerals Technologies Inc.

  5. Sibelco

  6. *Disclaimer: Major Players sorted in no particular order
Talc Market
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Recent Industry Developments

  • Sept 2024: Johnson & Johnson put forth a settlement proposal, committing to disburse a minimum of USD 505 million to the bankrupt talc miners, Imerys Talc America and Cyprus Mines Corporation, with a deadline for December 2025.
  • October 2023: Imerys opened a new talc processing plant in Wuhu, China. The plant will manufacture Imerys' engineered talcs, including high aspect ratio, ultrafine, and micro lamellar variants. These talcs are specifically crafted to enhance the mechanical performance of plastic automotive parts reinforced with talc.

Table of Contents for Talc Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Light-weighting Demand from EV and E-mobility Polymers
    • 4.2.2 Shift to Water-based Architectural Paints in Asia
    • 4.2.3 Food-grade Talc Uptake in Gum Base and Meat Coatings
    • 4.2.4 AI-enabled Ore-sorting Boosting Ore Recovery Rates
    • 4.2.5 Low-carbon talc Grades for ESG-scoped Procurement
  • 4.3 Market Restraints
    • 4.3.1 Litigation Legacy of Asbestos-related Claims
    • 4.3.2 Bio-based Fillers Replacing Talc in Premium Papers
    • 4.3.3 High-purity Ore Shortages in Europe Post-Finnish Strike
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Consumers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Volume)

  • 5.1 By Deposit Type
    • 5.1.1 Talc Carbonate
    • 5.1.2 Talc Chlorite
  • 5.2 By End-user Industry
    • 5.2.1 Plastics and Rubber
    • 5.2.2 Paints and Coatings
    • 5.2.3 Ceramics
    • 5.2.4 Pulp and Paper
    • 5.2.5 Personal Care and Cosmetics
    • 5.2.6 Food and Beverage
    • 5.2.7 Other Industries
  • 5.3 By Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Spain
    • 5.3.3.6 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 AKJ MinChem
    • 6.4.2 ANAND TALC
    • 6.4.3 Chanda Minerals
    • 6.4.4 CIMBAR PERFORMANCE MINERALS
    • 6.4.5 euroMinerals GmbH
    • 6.4.6 Golcha Group
    • 6.4.7 Hayashi-Kasei
    • 6.4.8 Imerys
    • 6.4.9 IMI Fabi SpA
    • 6.4.10 LITHOS Industrial Minerals GmbH
    • 6.4.11 Magris Performance Materials
    • 6.4.12 Minerals Technologies Inc.
    • 6.4.13 Nippon Talc Co., Ltd.
    • 6.4.14 Sibelco

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
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Global Talc Market Report Scope

Talc is a naturally occurring mineral mined from the earth and made up of magnesium, silicon, oxygen, and hydrogen. It is a hydrous magnesium silicate used in many industries, including plastics, rubber, paints, paper, and pharmaceuticals.

The Talc Market is segmented by Deposit (Talc Chlorite and Talc Carbonate), End-user Industry (Ceramic, Food and Beverage, Paints and Coatings, Personal Care, Plastics and Rubber, Pulp, and Paper, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecasts for the talc market in volume (tons) for all the above segments.

By Deposit Type
Talc Carbonate
Talc Chlorite
By End-user Industry
Plastics and Rubber
Paints and Coatings
Ceramics
Pulp and Paper
Personal Care and Cosmetics
Food and Beverage
Other Industries
By Geography
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
By Deposit Type Talc Carbonate
Talc Chlorite
By End-user Industry Plastics and Rubber
Paints and Coatings
Ceramics
Pulp and Paper
Personal Care and Cosmetics
Food and Beverage
Other Industries
By Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the current size of the Talc market in 2025?

The Talc market size stands at 8.07 million tons in 2025.

How fast is talc demand expected to grow to 2030?

Volume is projected to rise to 9.98 million tons by 2030, translating to a 4.35% CAGR.

Which end-use segment leads talc consumption?

Plastics and rubber accounted for 27.56% of 2024 demand and exhibit the highest 5.12% CAGR.

Why does Asia-Pacific dominate talc supply?

India provides roughly 25% of global output and China hosts extensive processing capacity, giving the region 53.45% share.

How are lawsuits affecting cosmetic-grade talc sales?

Persistent asbestos litigation and proposed FDA testing rules are depressing cosmetic applications and raising compliance costs.

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