Talc Market Size

Global Talc Market size was valued at USD 1.66 Billion in 2023 and is poised to grow from USD 1.71 Billion in 2024 to USD 2.2 Billion by 2032, growing at a CAGR of 3.2% during the forecast period (2025-2032).

Talc providers should focus on investing in R&D to expand the application scope of their offerings. Targeting automotive and personal care industries is expected to significantly help companies boost their revenue generation potential as per this global talc market analysis. 'Imerys', 'Mineral Technologies Inc.', 'The Kish Company Inc.', 'IMI FABI SPA', 'Guangxi Guilin Talc Development Co. Ltd.', 'Superior Material Inc.', 'Anand Talc', 'Natural Minerals', 'Liaoning', 'SKKU Minerals', 'Talc USA', 'Elementis Plc', 'Beihai Group', 'Aldon Corporation'

Use of talc as a glidant, lubricant, and diluent in tablet manufacturing in the pharmaceutical industry, to ensure consistent tablet formation and preventing sticking drives its demand. Growing investments in pharmaceutical manufacturing backed by aging population and high incidence of diseases is slated to bolster the global talc market outlook in the future.

Shift Toward Asbestos-Free and Purity-Certified Talc: Amid increasing regulatory scrutiny and health concerns linked to asbestos contamination, there's a clear market shift toward certified asbestos-free talc. Manufacturers are prioritizing high-purity grades to meet safety standards, particularly for cosmetics, pharmaceuticals, and food applications. Demand for talc with verified purity from trusted geological sources is rising, with many suppliers investing in advanced processing and quality control technologies. This talc market trend is reshaping global sourcing and procurement strategies, encouraging transparency and innovation in mining, purification, and documentation of talc-based products.

What Helps Asia Pacific Lead the Demand for Talc?