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Halloysite Market - Grade (High-Grade Halloysite, Low-Grade Halloysite), By Application (Nanotubes, Catalysts, Fillers, Ceramic Bodies), By End-Use Industry (Paints & Coatings, Cosmetics, Pharmaceuticals, Ceramic) & Forecast, 2023 – 2032

  • Report ID: GMI7414
  • Published Date: Nov 2023
  • Report Format: PDF

Halloysite Market Size

Halloysite market was valued at around USD 45.2 million in 2022 and is estimated to reach USD 77.9 million by 2032. Amidst a constantly evolving market, halloysite stands out with its diverse benefits and cutting-edge analysis. As industries increasingly prioritize eco-friendly and advanced materials, halloysite's extensive range of applications and distinctive characteristics have driven its demand across sectors like ceramics, pharmaceuticals, and polymer composites.

Halloysite market

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The emergence of nanotechnology has only intensified its significance as halloysite's unique tubular structure plays a crucial role in innovative advancements. Furthermore, the construction industry's integration of halloysite to enhance cement properties has bolstered its momentum. Despite industries such as cosmetics and paints already tapping into its potential, ongoing research and development pursuits promise to uncover even more avenues for halloysite to thrive.


The supply chain of the halloysite market is at risk due to geopolitical uncertainties, which could lead to disruptions in availability and pricing. This emphasizes the market's susceptibility to external forces that go beyond industry dynamics. This is a significant concern for the industry.

COVID-19 Impact

The COVID-19 pandemic brought significant disruptions to the halloysite market. These disruptions, caused by supply chain interruptions, production delays, and reduced demand from crucial industries such as construction and ceramics, presented economic obstacles. The market was further complicated by the uncertainty surrounding the pandemic, making it necessary for the halloysite industry to demonstrate adaptability and resilience.


Halloysite Market Trends

The halloysite industry is experiencing a surge of noteworthy developments, fueled by its wide range of uses and exceptional characteristics. From its adaptable applications in ceramics, pharmaceuticals, and polymer composites, to a growing emphasis on environmentally friendly and innovative materials, the demand for halloysite continues to climb. Moreover, with continuous advancements in nanotechnology and discoveries of new ways to implement halloysite, it remains a highly sought-after material in various industries.

Halloysite Market Analysis

 Halloysite Market Size, By Grade, 2021 - 2032 (USD Million)

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Based on grade, the market is segmented as high-grade halloysite, and low-grade halloysite. High-grade halloysite held a majority market value of USD 26.9 million in 2022. The demand for advanced materials in niche industries is driving the upward trends in the high-grade halloysite segment of the market. Remarkable growth is being seen in applications within nanotechnology and ceramics, where the exceptional properties of high-grade halloysite are crucial. Its purity and performance-enhancing qualities are attracting attention and spurring research and development efforts to uncover even more applications.

 Halloysite Market Revenue Share (%), By Application, (2022)

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Based on application, the halloysite market is segmented as nanotubes, catalysts, fillers, ceramic bodies, and others. Filler’s segment held a dominant market share of around 37% in 2022 and is expected to grow at a lucrative pace by 2032. The usage of acrylic and silicon-based adhesives is growing in the market for Halloysite because they have many bonding properties. Structural usage is the strong point of acrylics and resistance to high temperature is what silicones have to offer. An interesting one is an upswing in environmentally friendly types of anaerobic bond and consequently more in eco segments of their application, mostly in auto and electronics industry.

Based on end-use industry, the halloysite market is segmented as paints & coatings, cosmetics, pharmaceuticals, ceramic, and others. Pharmaceuticals segment held a dominant market share of around 31% in 2022 and is expected to grow at a lucrative pace by 2032. In the world of pharmaceuticals, a clear trend is emerging in the market. Companies are taking advantage of the distinctive attributes of halloysite to improve their drug delivery systems. The tubular shape of halloysite enables a precise and gradual release of drugs, which greatly enhances the effectiveness of delivery. This shift can be attributed to a rising focus on cutting-edge delivery technologies and the biocompatibility of halloysite, making it an attractive option for revolutionary pharmaceutical formulas.


 U.S Halloysite Market Revenue, 2021 - 2032 (USD Million)

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U.S. dominated the North American region with majority market share and a revenue of USD 13.2 million in 2022 and is anticipated to expand at a significant pace from 2023-2032. The halloysite market in the U.S. is marked by intriguing developments in different sectors. The ceramics and pharmaceutical industries are witnessing a surge in the need for superior quality halloysite, thanks to its exceptional characteristics. Additionally, there is a noticeable shift towards utilizing halloysite in polymer composites, driving innovations in the field of materials science. Moreover, end-use sectors like construction and paints and coatings are continuously exploring the potential advantages of halloysite.

Halloysite Market Share

Major players operating in the halloysite industry include:

  • I-Minerals Inc.
  • Applied Minerals Inc.
  • Imerys Ceramics
  • Thiele Kaolin Company
  • KaMin LLC
  • SCR-Sibelco NV
  • English Indian Clays Ltd.
  • Ashapura Group of Industries
  • Global Industrial Solutions Inc.
  • Halloysite Ltd.
  • Una Kaolin Company
  • Active Minerals International
  • KeraSolutions Ltd.

I-Minerals Inc., and Applied Minerals Inc. Company have captured substantial market shares in the Asia pacific market, driven by companies in the Asia-Pacific region, driven by the surging demand for halloysite products, particularly in China and India. The Asia-Pacific region, the world's largest market, is poised for continued growth due to rapid economic development, urbanization, and increasing demand across industries such as paints and coatings, cosmetics, and pharmaceuticals. As leading producers, I-Minerals Inc., and Applied Minerals Inc. are well-positioned to cater to this escalating demand in the region.

Halloysite Industry News

  • In February 2023, Applied Minerals, Inc., a prominent producer of high value halloysite clay products for industrial applications, has secured a new purchase order for 40,000 lbs. of its DRAGONITE halloysite clay from a customer. This order is earmarked for applications in flame retardants and coatings.
  • In September 2022, Ionic Mineral Technologies, a pioneering U.S.-based company in advanced battery materials, has unveiled Ionisil, a groundbreaking nano-silicon material sourced from halloysite. Positioned as a direct substitute for graphite in lithium-based batteries, Ionisil holds transformative potential for the electric vehicle (EV) market. Leveraging nano-silicon in battery technology promises extended driving ranges and accelerated charging, potentially revolutionizing EV efficiency and performance. This innovation marks a significant stride in enhancing the capabilities of lithium-based batteries and could redefine the landscape of the EV industry.

Halloysite market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Kilos Tons from 2018 to 2032, for the following segments:

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Market, By Grade

  • High-Grade Halloysite
  • Low-Grade Halloysite

Market, By Application

  • Nanotubes
  • Catalysts
  • Fillers
  • Ceramic Bodies
  • Others

Market, By End-Use Industry

  • Paints & Coatings
  • Cosmetics
  • Pharmaceuticals
  • Ceramic
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Indonesia
    • Thailand 
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE


Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Halloysite industry size reached USD 45.2 million in 2022 and is anticipated to be worth USD 77.9 million by 2032 owing to increasing application across industries prioritizing eco-friendly and advanced materials.

High-grade halloysite industry generated USD 26.9 million in revenue in 2022 and is estimated to witness high demand through 2032 owing to the rising need for advanced materials in niche industries.

U.S. halloysite market size was USD 13.2 million in revenue in 2022 and is projected to exhibit robust growth through 2032 owing to the rising need for superior quality halloysite across the ceramics and pharmaceutical industries of the country.

I-Minerals Inc., Applied Minerals Inc., Imerys Ceramics, Thiele Kaolin Company, BASF SE, SCR-Sibelco NV, Ashapura Group of Industries, Halloysite Ltd., and KeraSolutions Ltd. are among the major halloysite companies.

Halloysite Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 180
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