Diatomite Mining Market Characteristics
The diatomite mining market consists of sales of diatomite by entities (organizations, sole traders and partnerships) that mine diatomite. Diatomite mining is delicate and complicated. It requires large processing facilities and heavy earth moving equipment. Diatomite is used in manufcaturing of paints, platsics and personal care products such as toothpastes, facial scrubs.
Competitive Landscape of the Diatomite Mining Market
Major players in the global diatomite mining market include Imerys, EP Minerals, CECA Chemical (Arkema), Diatomite CJSC, Jilin Yuan Tong Mineral.
Diatomite Mining Market Size
The diatomite mining market size is expected to reach a higher value by 2022, significantly growing at a steady CAGR during the forecast period. The growth in the diatomite mining market is due to increase in sales in rapidly developing countries such as China and India owing to rise in disposable income, increased demand for, availability of credit.
However, the market for diatomite mining is expected to face certain restraints from several factors such as interest rate increases, workforce issues and safety.
Diatomite Mining Market Segmentation
The global diatomite mining market is further segmented based on type and geography.
By Type - The diatomite mining market is segmented into Pinnularia, Coscinodiscus, Melosira.
By Geography - The global Diatomite mining is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America Diatomite mining market accounts the largest share in the global Diatomite mining market.
Trends in the Diatomite Mining Market
Companies engaged in diatomite mining industry are using autonomous vehicles and automated technologies to increase the productivity and reduce the labour cost as the major trends witnessed in the global diatomite mining market.
Potential Opportunities in the Diatomite Mining Market
With gaining popularity in Internet of Things (IoT), the scope and potential for the global diatomite mining market is expected to significantly rise in the forecast period.