Analysts’ Viewpoint on Europe Performance Minerals Additives Market Scenario
The rise in usage of performance minerals additives in key application areas such as plastics, rubber and lubricants is driving the performance minerals additives market in Europe. Performance mineral additives are becoming more prominent in lubricant applications, owing to their properties such as maximizing fuel efficiency, power, acceleration, and minimizing emissions in automotive. Apart from the automotive industry, the market players should focus on lucrative avenues in the construction industry pertaining to the growing usage of performance minerals in the same. Additionally, the demand for performance mineral additives in healthcare products is also anticipated to create new opportunities in Europe. Startups as well as established companies of performance minerals additives are observed to be realizing the importance of investments in R&D activities in order to gain a competitive edge over other players. Manufacturers of performance minerals additives are also focusing on competitive pricing strategies in order to generate more business volume.
Performance minerals additives are widely used in plastics, and the trend is expected to continue due to the growing use of mineral additives. Performance minerals additives allow for the manufacture of plastic materials with a much wider range of properties, including properties not normally associated with plastics, such as high electrical conductivity or thermal conductivity.
Performance minerals additives can be utilized to reinforce plastics; for instance, performance minerals additives, such as talc and glass fiber, have enabled polypropylene to compete successfully in the engineering polymers market. Almost all plastics are made from petroleum feedstock, and the price of plastics inexorably increases as the abundance of oil & gas declines.
The most popular performance minerals additives are calcium carbonate, talc, kaolin, mica, and glass. Several types of specialty additives are available; however, these common types are a good starting point for understanding structure-property relationships. They are cost-effective and hence, are widely utilized in numerous industries, including automotive, packaging, agriculture, and pharmaceutical.
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The construction industry plays a major role in the economic growth of Europe. The construction industry in Europe has been growing significantly for the last decade. Rise in demand for smart infrastructure and increase in infrastructure expenditure in developed countries, such as Germany and the U.K., are key factors driving the construction industry in Europe. Thus, increase in expenditure to improve residential, commercial, and industrial infrastructure, and energy conservation initiatives are expected to fuel the civil engineering industry during the forecast period.
Bentonite, perlite, feldspar, calcium carbonate, and kaolin are key raw materials utilized in construction. These have the ability to provide strength and resistance, primarily in excavation and foundation works. Performance minerals additives are utilized in architectural paints and coatings. Performance minerals additives provide an excellent durable coating that can resist UV rays from the sun and maintain a newly painted look for a significant time. These additives are used in paints and coatings meant for exterior surfaces for better color fading, chalking, and cracking resistance.
Performance minerals additives are also employed as an aggregate, concrete, plaster, chimney fills, fireproofing sprays, acoustical sprays, and interstitial floors. The booming construction industry, including both residential and non-residential infrastructure, across Europe is one of the major factors boosting the demand for performance minerals additives.
In terms of end-use, the automotive end-use segment is estimated to dominate the performance minerals additives market in Europe during the forecast period.
Based on type, the titanium dioxide type segment dominated the performance minerals additives market in Europe in 2021. This can be primarily ascribed to the increase in demand for titanium dioxide in paints, adhesives, papers, and cosmetics & various other applications. Titanium dioxide (TiO2) is a chemically inert and low-risk substance that is utilized for various purposes. Titanium dioxide powder is extensively utilized in diverse products including paints, adhesives, papers, and cosmetics, due to their ability to impart whiteness and opacity.
Titanium dioxide has good light scattering qualities and a high refractive index, implying that just a small amount of the pigment is needed for an opaque or white coating. This is boosting its usage in a wide range of technological products.
The Feldspar mineral segment is estimated to grow at a steady pace during the forecast period. The segment is likely to grow due to its use in the glass industry and to some extent, as a filler and extender in paint, plastics, and rubber.
The quartz type segment is anticipated to grow significantly during the forecast period, as quartz is widely used in the field of ceramics and in the manufacture of glass. The demand for pottery is considerably high in developing nations, owing to the growing population coupled with higher spending limit.
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In terms of value, the plastic application segment is estimated to dominate the performance minerals additives market in Europe during the forecast period. The segment is projected to maintain its dominance during the forecast period. Use of performance mineral additives in the plastic materials production enables incorporation of various properties such as thermal conductivity or high electrical conductivity in them. Thus, performance mineral additives help strengthen the functional quality of plastics.
Plastic is likely to be a highly attractive application segment of the performance minerals additives market during the forecast period. Increase in demand for plastic and its products is anticipated to drive the segment in the near future.
Moreover, the rubber segment offers significant opportunities for the performance minerals additives market.
Ceramics application of performance minerals additives is employed in limited uses. Therefore, the ceramics application segment is likely to grow at a steady pace during the forecast period.
Bentonite, kaolin, feldspar, talc, calcium carbonate, perlite, etc., are used in cosmetics and personal care products such as face packs, scrubs, and soaps. Minerals in these products act as rheology modifiers, suspending agents, emulsion stabilizers, and absorbents. These minerals are usually employed as absorbent powders in cosmetics, owing to their ability to absorb moisture and sweat. Furthermore, they improve viscosity and are largely utilized in cosmetic products such as masks, sunscreen lotions, foundations, bar soaps, and lotions.
The usage of minerals in the cosmetics & personal care industry has been rising. Consequently, demand for additives required to enhance the performance of these minerals is also increasing. This is boosting the performance additives market. Rise in demand for natural healthcare products and an increase in awareness about the absorptive properties of performance minerals additives is projected to increase the demand for personal care & health products.
The home care & personal care products industry in Europe is growing at a CAGR of more than 2.7%, owing to changing lifestyle, increase in disposable income of consumers, and rise in awareness about skin care products. Thus, growth of the cosmetics & personal care industry is anticipated to augment the performance minerals additives market during the forecast period.
Several waste products are released during the production of performance minerals additives; therefore, several restrictions have been enacted by governments across Europe to control the emission and ensure careful disposal of this waste.
Regulatory authorities across the regions have started monitoring the industry very closely. An extensive regulatory system has been developed to govern current mining operations in Europe in order to minimize the adverse impact on the environment. These restrictions are indirectly hampering the performance minerals additives market.
Government-approved permits are required for all new and ongoing mining operations, including exploration activities. This process ensures that environmental standards are maintained from the beginning to the end of mining and metal production operations. New mine developments are presently required to have operation and closure plans that define how a specific site would be reclaimed upon cessation of mining. This attention to the full life-cycle of a mining site prevents negative environmental impact. The subsequent impact of restrictions is expected to hamper the performance minerals additives market in Europe during the forecast period.
Germany was a prominent country in the performance minerals additives market in Europe in 2021. Increase in demand performance minerals additives in packaging, automotive, and construction industries is driving the market in Germany.
Europe is witnessing a high demand for plastics for various applications in packaging, automotive, construction, electrical & electronics, and other industries. Increasing usage of plastics in these industries for multiple purposes, such as decreasing costs in packaging and construction industries, reducing weight in automotive parts, and as an insulator in electronic products, is driving the demand for performance minerals additives in Europe.
Detailed profiles of providers of performance minerals additives have been included in the report to evaluate their financials, key product offerings, recent developments, and strategies. Key players operating in the performance minerals additives market in Europe include Minerals Technologies Inc, LKAB Minerals, GLC Minerals, LLC, EP Minerals, Dicalite Management Group, Inc, Imerys, ORGANIC INDUSTRIES PVT LTD., Omya AG, Sibelco Nordkalk, and Grupo Industrial Crimidesa SL.
In the Europe performance minerals additives market report, we have discussed individual strategies, followed by company profiles of providers of performance mineral additives. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the Europe performance minerals additives market.
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Attribute |
Detail |
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Market Size Value in 2021 (Base Year) |
US$ 11.9 Bn |
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Market Forecast Value in 2031 |
US$ 20.2 Bn |
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Growth Rate (CAGR) |
5% |
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Forecast Period |
2022-2031 |
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Quantitative Units |
US$ Bn for Value and Kilo Tons for Volume |
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Market Analysis |
It includes cross segment analysis at Europe as well as Country and Sub-region level. Qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, supply chain analysis, and parent industry overview. |
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Competition Landscape |
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|
Format |
Electronic (PDF) + Excel |
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Market Segmentation |
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Regions Covered |
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|
Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon Request |
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Pricing |
Available upon Request |
The market stood over US$ 11.9 Bn in 2021.
The market is expected to grow at a CAGR of 5% from 2022 to 2031.
Growth of packaging, automotive, and construction industries and rise in use in cosmetics & personal care industry are key drivers of the performance minerals additives market.
Titanium Dioxide was the largest type segment that held more than 26% value share in 2021.
Germany was the most lucrative country in the Europe performance minerals additives market in 2021.
Prominent players operating in the Europe performance minerals additives market include Minerals Technologies Inc, LKAB Minerals, GLC Minerals, LLC, EP Minerals, Dicalite Management Group, Inc, and Imerys.
1. Executive Summary
1.1. Performance Minerals Additives Market Snapshot
1.2. Current Market and Future Potential
2. Market Overview
2.1. Market Segmentation
2.2. Market Trends
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunities
2.4. Porter’s Five Forces Analysis
2.5. Regulatory Analysis
2.6. Value Chain Analysis
2.6.1. List of Performance Minerals Additives Manufacturers
2.6.2. List of Potential Customer
3. COVID-19 Impact Analysis
4. Europe Performance Minerals Additives Market Analysis and Forecast, by Type, 2022–2031
4.1. Introduction and Definitions
4.2. Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2022–2031
4.2.1. Wollastonite
4.2.2. Bentonite
4.2.3. Calcium Carbonate
4.2.4. Kaolin
4.2.5. Mica
4.2.6. Perlite
4.2.7. Quartz
4.2.8. Talc
4.2.9. Feldspar Mineral
4.2.10. Halloysite
4.2.11. Refined Clay
4.2.12. Titanium Dioxide
4.2.13. Others (Including Chamotte and Diatomite)
4.3. Europe Performance Minerals Additives Market Attractiveness, by Type
5. Europe Performance Minerals Additives Market Analysis and Forecast, by Application, 2022–2031
5.1. Introduction and Definitions
5.2. Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031
5.2.1. Paper
5.2.2. Rubber
5.2.3. Lubricants
5.2.4. Paints & Coatings
5.2.5. Adhesives
5.2.6. Glass
5.2.7. Ceramics
5.2.8. Others(Including Insecticides and Polishes)
5.3. Europe Performance Minerals Additives Market Attractiveness, by Application
6. Europe Performance Minerals Additives Market Analysis and Forecast, End-use, 2022–2031
6.1. Introduction and Definitions
6.2. Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2022–2031
6.2.1. Packaging
6.2.2. Building & Construction
6.2.3. Automotive
6.2.4. Pharmaceutical & Biotechnology
6.2.5. Agriculture
6.2.6. Food & Beverages
6.2.7. Home Care & Personal Care
6.2.8. Oil & Gas
6.2.9. Energy & Powder
6.2.10. Others (Including Cement)Europe Performance Minerals Additives Market Attractiveness, by End-use
7. Europe Performance Minerals Additives Market Analysis and Forecast, 2022–2031
7.1. Key Findings
7.2. Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2022–2031
7.3. Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031
7.4. Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2022–2031
7.5. Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
7.5.1. Germany Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2022–2031
7.5.2. Germany Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031
7.5.3. Germany Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2022–2031
7.5.4. France Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2022–2031
7.5.5. France Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031
7.5.6. France Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2022–2031
7.5.7. U.K. Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2022–2031
7.5.8. U.K. Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031
9. U.K. Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2022–2031
7.5.10. Italy Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2022–2031
7.5.11. Italy. Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031
7.5.12. Italy Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2022–2031
7.5.13. Russia & CIS Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2022–2031
7.5.14. Russia & CIS Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031
7.5.15. Russia & CIS Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2022–2031
7.5.16. Rest of Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2022–2031
7.5.17. Rest of Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031
7.5.18. Rest of Europe Performance Minerals Additives Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2022–2031
7.6. Europe Performance Minerals Additives Market Attractiveness Analysis, 2022–2031
8. Competition Landscape
8.1. Europe Performance Minerals Additives Company Market Share Analysis, 2022
8.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
8.2.1. Minerals Technologies Inc
8.2.1.1. Company Description
8.2.1.2. Business Overview
8.2.1.3. Financial Overview
8.2.1.4. Strategic Overview
8.2.2. LKAB Minerals
8.2.2.1. Company Description
8.2.2.2. Business Overview
8.2.2.3. Financial Overview
8.2.2.4. Strategic Overview
8.2.3. GLC Minerals, LLC
8.2.3.1. Company Description
8.2.3.2. Business Overview
8.2.3.3. Financial Overview
8.2.3.4. Strategic Overview
8.2.4. EP Minerals
8.2.4.1. Company Description
8.2.4.2. Business Overview
8.2.4.3. Financial Overview
8.2.4.4. Strategic Overview
8.2.5. Dicalite Management Group, Inc
8.2.5.1. Company Description
8.2.5.2. Business Overview
8.2.5.3. Financial Overview
8.2.5.4. Strategic Overview
8.2.6. Imerys
8.2.6.1. Company Description
8.2.6.2. Business Overview
8.2.6.3. Financial Overview
8.2.6.4. Strategic Overview
8.2.7. ORGANIC INDUSTRIES PVT LTD.
8.2.7.1. Company Description
8.2.7.2. Business Overview
8.2.7.3. Financial Overview
8.2.7.4. Strategic Overview
8.2.8. Omya AG
8.2.8.1. Company Description
8.2.8.2. Business Overview
8.2.8.3. Financial Overview
8.2.8.4. Strategic Overview
8.2.9. Sibelco
8.2.9.1. Company Description
8.2.9.2. Business Overview
8.2.9.3. Financial Overview
8.2.9.4. Strategic Overview
8.2.10. Nordkalk
8.2.10.1. Company Description
8.2.10.2. Business Overview
8.2.10.3. Financial Overview
8.2.10.4. Strategic Overview
8.2.11. Grupo Industrial Crimidesa SL
8.2.11.1. Company Description
8.2.11.2. Business Overview
8.2.11.3. Financial Overview
8.2.11.4. Strategic Overview
9. Primary Research: Key Insights
10. Appendix
List of Tables
Table 1: Europe Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Type, 2022–2031
Table 2: Europe Performance Minerals Additives Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 3: Europe Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Application, 2022–2031
Table 4: Europe Performance Minerals Additives Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 5: Europe Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by End-use, 2022–2031
Table 6: Europe Performance Minerals Additives Market Value (US$ Mn) Forecast, by End-use, 2022–2031
Table 7: Europe Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2022–2031
Table 8: Europe Performance Minerals Additives Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022–2031
Table 9: Germany Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Type, 2022–2031
Table 10: Germany Performance Minerals Additives Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 11: Germany Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Application, 2022–2031
Table 12: Germany Performance Minerals Additives Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 13: Germany Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by End-use, 2022–2031
Table 14: Germany Performance Minerals Additives Market Value (US$ Mn) Forecast, by End-use, 2022–2031
Table 15: France Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Type, 2022–2031
Table 16: France Performance Minerals Additives Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 17: France Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Application, 2022–2031
Table 18: France Performance Minerals Additives Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 19: France Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by End-use, 2022–2031
Table 20: France Performance Minerals Additives Market Value (US$ Mn) Forecast, by End-use, 2022–2031
Table 21: U.K. Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Type, 2022–2031
Table 22: U.K. Performance Minerals Additives Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 23: U.K. Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Application, 2022–2031
Table 24: U.K. Performance Minerals Additives Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 25: U.K. Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by End-use, 2022–2031
Table 26: U.K. Performance Minerals Additives Market Value (US$ Mn) Forecast, by End-use, 2022–2031
Table 27: Italy Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Type, 2022–2031
Table 28: Italy Performance Minerals Additives Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 29: Italy Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Application, 2022–2031
Table 30: Italy Performance Minerals Additives Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 31: Italy Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by End-use, 2022–2031
Table 32: Italy Performance Minerals Additives Market Value (US$ Mn) Forecast, by End-use, 2022–2031
Table 33: Spain Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Type, 2022–2031
Table 34: Spain Performance Minerals Additives Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 35: Spain Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Application, 2022–2031
Table 36: Spain Performance Minerals Additives Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 37: Spain Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by End-use, 2022–2031
Table 38: Spain Performance Minerals Additives Market Value (US$ Mn) Forecast, by End-use, 2022–2031
Table 39: Russia & CIS Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Type, 2022–2031
Table 40: Russia & CIS Performance Minerals Additives Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 41: Russia & CIS Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Application, 2022–2031
Table 42: Russia & CIS Performance Minerals Additives Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 43: Russia & CIS Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by End-use, 2022–2031
Table 44: Russia & CIS Performance Minerals Additives Market Value (US$ Mn) Forecast, by End-use, 2022–2031
Table 45: Rest of Europe Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Type, 2022–2031
Table 46: Rest of Europe Performance Minerals Additives Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 47: Rest of Europe Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by Application, 2022–2031
Table 48: Rest of Europe Performance Minerals Additives Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 49: Rest of Europe Performance Minerals Additives Market Volume (Kilo Tons) Forecast, by End-use, 2022–2031
Table 50: Rest of Europe Performance Minerals Additives Market Value (US$ Mn) Forecast, by End-use, 2022–2031
List of Figures
Figure 1: Europe Performance Minerals Additives Market Volume Share Analysis, by Type, 2022 and 2031
Figure 2: Europe Performance Minerals Additives Market Attractiveness, by Type
Figure 3: Europe Performance Minerals Additives Market Volume Share Analysis, by Application 2020 and 2031
Figure 4: Europe Performance Minerals Additives Market Attractiveness, by Application
Figure 5: Europe Performance Minerals Additives Market Volume Share Analysis, by End-use, 2022 and 2031
Figure 6: Europe Performance Minerals Additives Market Attractiveness, by End-use
Figure 7: Europe Performance Minerals Additives Market Volume Share Analysis, by Country and Sub-region, 2022, and 2031
Figure 8: Europe Performance Minerals Additives Market Attractiveness, by Country and Sub-region
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Europe Performance Minerals Additives Market
*86 figures and 60 tables includes