Vermiculite Global Market Report 2023: Advent of 3D Printed Modular Components in Mining Bolsters Growth
Global Vermiculite Market
Dublin, April 28, 2023 (GLOBE NEWSWIRE) -- The "Vermiculite Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global vermiculite market grew from $0.25 billion in 2022 to $0.28 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The vermiculite market is expected to grow to $0.47 billion in 2027 at a CAGR of 14.1%.
Modular components design with 3D printing is being widely used in the mining industry. 3D printing technology enables companies in remote locations to manufacture critical parts onsite as per the requirement, thereby reducing delays due to unplanned maintenance and also eliminates the need for holding inventories.
Miners are relying on advanced heavy-lift transport to move modular equipment to remote sites. This technology enables miners to construct processing units in low cost factories elsewhere, thus avoiding expensive onsite construction of modular equipment.
Western Europe was the largest region in the vermiculite market in 2022. Asia-Pacific was the second largest region in the vermiculite market. The regions covered in the vermiculite market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the vermiculite market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Vietnam, Bangladesh, Ukraine, and Iran.
1) By Type: Large Grade Vermiculite; Fine And Finer Grade Vermiculite; Medium Grade Vermiculite
2) By Product: Crude Vermiculite; Exfoliated Vermiculite
3) By End-User Industry: Chemical; Agriculture; Automotive; Construction; Other End-User Industries
No. of Pages
2023 - 2027
Estimated Market Value (USD) in 2023
Forecasted Market Value (USD) by 2027
Compound Annual Growth Rate
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Vermiculite Market Characteristics
4. Vermiculite Market Product Analysis
5. Vermiculite Market Supply Chain
6. Vermiculite Market Customer Information
7. Vermiculite Market Trends And Strategies
8. Vermiculite Market - Macro Economic Scenario
9. Vermiculite Market Size And Growth
10. Vermiculite Market Regional Analysis
11. Vermiculite Market Segmentation
12. Vermiculite Market Metrics
13. Asia-Pacific Vermiculite Market
14. Western Europe Vermiculite Market
15. Eastern Europe Vermiculite Market
16. North America Vermiculite Market
17. South America Vermiculite Market
18. Middle East Vermiculite Market
19. Africa Vermiculite Market
20. Vermiculite Market Competitive Landscape
21. Key Mergers And Acquisitions In The Vermiculite Market
22. Market Background: General Mineral Mining Market
A selection of companies mentioned in this report includes
Palabora Mining Company
Virginia Vermiculite Llc
UBM Uniao Brasileira de Mineracao S.A.
For more information about this report visit https://www.researchandmarkets.com/r/3vha
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