The Europe talc market is estimated to record a solid CAGR of 3.3% during the forecast period (2021-2027). The rising investments from the public and private sectors are expected to boost the construction industry over the next few years. The industry is also fueled by renovation activities that are expected to be carried out in most residential homes coupled with policy reforms. This is expected to fuel the demand for putty, paints & coatings, cement, and roofing materials, which will drive the market for talc in the region.
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Moreover, the implementation of Nearly Zero Energy Buildings (NZEBs) from 2020 onward might involve more investments in building renovation and retrofit activities as per the European Commission norms. This is also a major factor that will potentially drive the market for talc. The objective of the amendment is to maximize the energy performance of buildings. Owing to COVID-19, the construction industry faced several challenges as all going projects were suspended, and a few were scraped. However, a majority of projects have been started, and the total construction output is expected to reach $1,825 billion in 2021. Moreover, the European Commission has proposed to invest $13.8 billion in transport projects. So, the investment proposal by the European Commission and several upcoming projects will increase the demand for talc in the European countries.
Market Coverage
· Market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered- by Deposits and End-user
· Countries Covered- UK, Germany, France, Italy, Spain, and Rest of Europe
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
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A full Report of Europe Talc Market is Available at: https://www.omrglobal.com/industry-reports/europe-talc-market
Europe Talc Market Report Segment
By Deposits
· Talc Carbonates
· Talc Chlorites
· Others
By End-user
· Ceramics
· Construction
· Cosmetics and Personal Care
· Paints and Coatings
· Pharmaceuticals
· Plastics
· Pulp and Paper
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
