Halloysite Market Dynamics and Trends by 2028

The halloysite market size is expected to grow from US$ 39.64 million in 2021 to US$ 58.88 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2021 to 2028.

Halloysite is a tubular crystal structure that is traditionally used as a carrier in cosmetics and pharmaceuticals; as a filler in plastics, particularly PVC; and as a suspension agent in paints, inks, and filters. It is also used in high-tech applications such as water purification, hydrogen storage, soil remediation carbon capture, and renewable energy. Halloysite has a high aspect ratio, high whiteness, and nano-sized structure, which is particularly utilized by the ceramic industry. Thus, advantageous features of halloysite make it preferable across various industries, which drives the expansion of the halloysite market size.

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