The global diatomite market is expected to grow at a CAGR of 1.55% to reach US$1,050.745 million by 2028, from US$943.491 million in 2021.
Diatomite, also known as diatomaceous earth, is a naturally occurring sedimentary rock composed of fossilized remains of diatoms, which are microscopic single-celled algae with silica cell walls. Diatomite is widely used in various industries due to its unique properties, such as high porosity, high surface area, low density, and abrasive nature. The global diatomite market is driven by the increasing demand for diatomite in various end-use industries such as agriculture, filtration, construction, and food and beverage. Diatomite is used as a soil amendment and pest control agent in agriculture. In filtration, it is used as a filter media for water, beer, wine, and other beverages. Diatomite is used as an insulating material, lightweight aggregate, and filler in construction. In the food and beverage industry, diatomite is used as a filtration aid and a functional ingredient in various food products. The global diatomite market is highly fragmented, with several small and large players. These companies are focusing on product innovation, mergers and acquisitions, and strategic partnerships to expand their market share and strengthen their position.
The global diatomite market is driven by rising demand in several industries, including water filtration, food and beverages, and due to demand for lightweight materials.
Market Developments:
Environmental concerns and limited awareness regarding benefits are key challenges to growth.
The mining and processing of diatomite can negatively impact the environment, including soil erosion, water pollution, and habitat destruction. This has led to increasing regulatory scrutiny and environmental concerns, which could lead to stricter regulations and higher operating costs for diatomite mining companies. In addition, despite its many advantages, diatomite is still not widely known in some industries and regions. This limits its potential in specific segments.
Asia Pacific accounted for a significant share of the global diatomite market in 2021.
Based on geography, the global diatomite market is segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. The Asia Pacific region has some of the fastest-growing economies in the world, such as China and India. These countries have witnessed significant industrial growth and infrastructure development in recent years, leading to a rise in demand for diatomite-based products in various industries. As a result, this region's diatomite market is expected to witness significant growth in the coming years, driven by the increasing demand from these emerging economies. Furthermore, the significant production strength of this region also favors the Asia Pacific diatomite market. According to the United States Geological Survey (USGS), China produced 1.12 million metric tons of diatomite in 2020, which accounted for approximately 66% of the world's total production.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 β 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$943.491 million |
| Market Size Value in 2028 | US$1,050.745 million |
| Growth Rate | CAGR of 1.55% from 2021 to 2028 |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Million |
| Segments Covered | Type, Applications, and Geography |
| Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies Covered | Imerys S.A., EP Minerals, Calgon Carbon Corporation, Showa Chemical Industry Co., Ltd., Dicalite Management Group, Inc., Noah Chemicals, Jaxon Filtration, Jilin Yuantong Mineral Co., Ltd., Qingdao Best Diatomite Co. Ltd. |
| Customization Scope | Free report customization with purchase |
Market Segmentation: