The diatomite market size was valued at US$ 738.00 in 2022 and is projected to reach US$ 1,130.00 million by 2030; it is anticipated to record a CAGR of 5.5% from 2022 to 2030.
MARKET ANALYSIS
Diatomite is naturally forming soft, siliceous sedimentary rock, occurring from fossilized remains of diatoms. Organic material and iron are thermally volatilized and oxidized respectively by processes such as calcination and flux calcination. Diatomite is extensively used as filter media due to its high efficacy, high porosity, and surface area. It is used in various filtration applications, such as water treatment, beverage processing, and pharmaceutical manufacturing. Diatomite is used as a filler in paints, coatings, plastics, and rubber. It is a highly absorbent material used in many applications such as oil and grease spill cleanup, pet litter, and soil amendment. In recent years, the market has witnessed a growing demand for diatomite in hydroponic gardening as a growing medium, specifically attributed to its properties such as inertness, water-holding capacity, and porosity.
GROWTH DRIVERS AND CHALLENGES
Growing demand for diatomite in filtration applications and development in the construction industry are the factors driving the diatomite market. Diatomite is used as filter media for versatile applications such as liquids, beverages, pharmaceuticals, and chemicals. Diatomite is a relatively cost-effective filter media for water purification and, therefore used for eliminating impurities from water. It is used in chemical processing such as sodium hydroxide, sulphuric acid, and gold salts. Diatomite’s distinct honeycomb structure has further fueled its utilization in filtration applications. The market offers two types of diatomite filters namely, pressure filters and vacuum filters. Filters made from diatomite offer the elimination of suspended particles with a particle size of 0.1 micron. A significant proportion of produced diatomite is consumed for filtration applications. According to a report published by the Indian Bureau of Mines in 2021, the economic stability of the market is highly dependent on its utilization as a filtration medium. Diatomite is also used in the construction industry, for enhancing cement quality. It is used as a pozzolanic admixture in cement production. The construction sector in North America is witnessing growth due to increased federal and state financing for the construction of commercial and institutional structures. According to a report by the US Census Bureau, the total construction (private and public) investment in 2022 was US$ 1,792.9 billion, a 10.2% increase from investments in 2021. Therefore, the growing utilization of diatomite in filtration applications and development in the construction industry is expected to boost the diatomite demand during the forecast period.
The availability of substitutes poses a challenge to the diatomite market. Several materials, such as expanded perlite and silica sand, are also used as filtration aids in various end-use industries. Filters made from ceramic & polymeric materials, carbon, or cellulose fibers also have applications as filter media. Filler materials such as clay, ground limestone, ground silica, perlite, and talc also offer a scope of substitution for diatomite. The utilization of diatomite as thermal insulation material can be substituted by various materials such as clays, exfoliated vermiculite, expanded perlite, and mineral wool. Therefore, the availability of diatomite alternatives restrains the diatomite market growth.
Strategic Insights
REPORT SEGMENTATION AND SCOPE
The "Global Diatomite Market Analysis to 2030" is a specialized and in-depth study with a significant focus on global market trends and growth opportunities. The report aims to provide an overview of the global market with detailed market segmentation based on grade, application, and geography. The report provides key statistics on the consumption of diatomite worldwide, along with their demand in major regions and countries. In addition, the report provides a qualitative assessment of various factors affecting the diatomite market performance in major regions and countries. It also includes a comprehensive analysis of the leading players in the diatomite market and their key strategic developments. Analysis of the market dynamics is also included to help identify the key driving factors, market trends, and lucrative opportunities that would, in turn, aid in identifying the major revenue pockets.
The ecosystem analysis and Porter’s five forces analysis provide a 360-degree view of the global diatomite market, which helps understand the entire supply chain and various factors affecting the market growth.
SEGMENTAL ANALYSIS
The global diatomite market is segmented based on grade, and application. Based on grade, the market is segmented into natural, calcined, and flux-calcined. Based on application, the market is segmented into filtration, mineral additives, catalyst support and carriers, absorbents, aggregates, and others. Based on grade, the calcined segment accounted for a significant share. The calcination process enhances diatomite properties and leads to phase change in materials through controlled thermal treatment. The calcination process reduces surface area, enhances hardness, and increases particle size distribution of diatomite. Flux-calcined diatomite is processed through flux-calcination at high temperatures in the presence of a fluxing agent. Diatomite processed through the flux-calcination process offers brightness, absorptive capacity, refractive index, inertness, and chemical stability to diatomite.
Based on application, the filtration segment accounted for a significant share of the diatomite market in 2022. Diatomite filters have several characteristics such as ease of operation, high efficacy, inert nature, non-toxic, lightweight, and odorless. Therefore, varied grades of diatomite are used for industrial filtration. Further, it is highly used for eliminating microbial contaminants, such as bacteria, viruses, and protozoa. In many industries, diatomite is used as a catalyst carrier in chemical processes and mineral fertilizers and fungicides. The properties of diatomite, such as high absorption and lightweight and free-flowing nature, enable its utilization as aggregates. It is also used as a filler or mineral additive due to its bulking characteristics.
Diatomite Market – by Application, 2022 and 2030
REGIONAL ANALYSIS
The report provides a detailed overview of the global diatomite market concerning five major regions—North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America accounted for a significant share of the diatomite market in 2022. North America marks the presence of diatomite reserves and increasing demand from various end-use industries such as water treatment, agriculture, and food and beverages industry. In the US, diatomite recovery from deposits is achieved through low-cost and open mining, as reserves are found at or near the surface of the Earth. According to a report published by the US Geological Survey in 2022, 6 diatomite producing companies operated at 12 mining areas, and nine processing facilities operated in California, Nevada, Washington, and Oregon in 2021. In Asia Pacific, China marks the presence of significant diatomite production. The demand from Japan, India, South Korea, and Australia offers lucrative opportunities for the diatomite market during the forecast period.
INDUSTRY DEVELOPMENTS AND FUTURE OPPORTUNITIES
The report provides a detailed overview of the global diatomite market concerning five major regions—North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.
In February 2021, Dicalite Management Group LLC announced the launch of Harvest Hero, a value-added soil amendment and growing media for the horticulture market. The developed media features perlite, diatomite, and essential nutrients.
IMPACT OF COVID-19 PANDEMIC/IMPACT OF GEOPOLITICAL SCENARIO/IMPACT OF RECESSION
Food and beverages, pharmaceutical, construction, and water treatment industries have been the significant consumers of diatomite. In 2020, these sectors had to slow down their operations due to disruptions in the value chain caused by government regulations and trade restrictions. Moreover, lockdowns imposed by different countries hampered the inventory levels of many manufacturers in the same year. The shortage of labor resulted in a reduction in diatomite production and distribution operations. Additionally, government restrictions and other COVID-19-related precautions reduced the operational capacities of stakeholders in the diatomite value chain. China is a significant contributor to the production and sales of beverages. A decline in consumer demand for beer and wine in this market negatively affected the beverage processing operations.
The governments of various economies in Asia Pacific took possible steps to restrict the spread of the virus by announcing country-wide lockdowns, which directly impacted the growth of industrial sectors. Governments of countries in the Middle East & Africa took various measures to mitigate the impact of the COVID-19 pandemic. For instance, in December 2020, the Supreme Court of the Kingdom of Saudi Arabia passed a decision limiting the quantity of construction material supply to the extent that it was only sufficient to move the project forward. Moreover, Saudi Vision 2030 and Megaprojects supported the progress of the construction industry in the country. The government encouraged large-scale construction schemes to boost the Saudi economy. Further, the Dubai Development Authority took various steps to reduce the impact of COVID-19 on the construction sector. In late 2021, the global diatomite market began recovering from the losses incurred in 2020, with the revival of quarrying operations, construction activities, and pharmaceutical production. Expansion in production capacities in the chemicals & materials industry post-COVID-19 pandemic in many regions, such as Asia Pacific and North America, is expected to create lucrative opportunities for the diatomite market in the coming years.
COMPETITIVE LANDSCAPE AND KEY COMPANIES
BlueEco Enterprises, Chemviron, Diatomit CJSC, Dicalite Management Group LLC, EP Minerals, Fineton Industrial Minerals Limited, Hayashi-Kasei, Imerys SA, JiLin Yuantong Mineral Co Ltd, and Showa Chemical Industry Co Ltd are a few of the key players operating in the diatomite market.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1. Celite Corp.
2. Dicalite Management Group
3. Eagle-Picher Industries Inc.
4. EP Minerals
5. Grefco Minerals, Inc.
6. Imerys
7. Jilin Yuantong Mineral
8. Showa Chemical Industry
9. Showa Chemical Industry Co. Ltd.
10. U.S. SILICA
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