Halloysite Market Size & Share, by Purity (High Purity, Medium Purity, Low Purity); Application; Grade; Product Type; Particle Size - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 6816
  • Published Date: Apr 08, 2025
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Halloysite Market size was estimated at over USD 8.1 billion in 2024 and is estimated to reach USD 18.4 billion by the end of 2037, expanding at a CAGR of 7.1% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the halloysite is estimated at USD 8.6 billion.

The extensive and diverse usage in various industries fosters significant growth opportunities for the market. The demand for advanced composites such as nanomaterials is encouraging researchers to explore more about the unique properties of halloysite-based products. For instance, in October 2024, a study report was published by Elsevier, stating the modification of selectively acid-etched halloysite by mucoadhesive chitosan derivatives. The study showed a cell survival rate of more than 90% in treating lung fibrosis with newly derived bionanocomposites, eHal and eHal-polycation.

This further creates a scope of development in this sector by garnering interest in developing more innovative materials and composites, enlarging the product reach. The capabilities of this naturally occurring nanotube are now inspiring producers to create a new pipeline of products to supply the growing demand. For instance, in May 2023, Ionic Mineral Technologies launched a revolutionary nano-silicon product, Ionisil for lithium-ion cell manufacturers. The drop-in solution can integrate high energy density and fast charging capabilities batteries in the EVs, requiring efficient performance.


Halloysite Market
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Halloysite Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing demand for sustainable materials: As industries and governments seek more eco-friendly alternatives to achieve their neutrality goals, investments in the halloysite market are increasing. Highly emission-prone sectors such as construction and packaging are now considering halloysite-derived materials to be the perfect match to maintain sustainability. This inspires leaders to invest more in R&D to discover new materials. For instance, in May 2021, Andromeda Metals and Minotaur Exploration partnered with the University of Newcastle to invest USD 4 million in research for CO2 capturing with halloysite nanotubes.
  • Investments and participation in mining activities: Ongoing discoveries are proving the efficiency of these materials in boosting performance for new industrial applications. This is further influencing the leaders in the halloysite market to discover new deposits, securing a sufficient supply of raw materials. Many companies are now occupying a significant number of mining projects to serve the purpose. For instance, in May 2021, Okapi acquired Bulk Minerals to pursue its multiple large-scale kaolin halloysite and heavy mineral sand projects across SA and WA. The granted exploration licenses of Bulk Minerals will help the company solidify its resource network.

Challenges

  • Cost and uncertainty of production: The expensive extraction and processing of these materials can be a hurdle for manufacturers in the market. In addition, the high cost of making the raw material usable for specialized applications such as nanotubes may prevent producers from participating in this sector. Moreover, the volatility in pricing and availability of raw materials can lead to supply constraints, particularly in growing demand. 
  • Limitation in optimum usage: Though the market can offer a wide range of applications, the lack of awareness among the consumers about the effectiveness of the product may hinder the progress. This may discourage global leaders from investing in R&D for future advancements in this industry. This restricts the growth potential of the products, making industries hesitant to invest in them. Additionally, they may loose interest in refining the technology to produce cost-effective products due to a lack of adoption.

Base Year

2024

Forecast Year

2025-2037

CAGR

7.1%

Base Year Market Size (2024)

USD 8.1 billion

Forecast Year Market Size (2037)

USD 18.4 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Halloysite Segmentation

Purity (High Purity, Medium Purity, Low Purity)

In halloysite market, high purity segment is poised to capture revenue share of around 45.3% by the end of 2037. The non-toxic nature and biodegradability of these materials attract companies to use them for various industrial applications while securing product quality. This has influenced the producers to seek reliable deposits for mining premium materials. For instance, in March 2020, Andromeda announced its quarterly report highlighting the occurrence of high-purity halloysite-kaolin across the Poochera Project. This enhanced the significance of the company's holdings in the global minerals industry.

Application (Plastics, Paper, Ceramics, Coatings, Pharmaceuticals)

In terms of applications, the plastics segment is estimated to generate remarkable revenue from the halloysite market during the forecast period, 2025-2037. The natural additive is in high demand due to its efficiency in producing fire-retardant plastics and polymer composites. The material can deliver a wide range of polymers with improved mechanical and thermal properties. According to the Research Nester report, the global bioplastics industry is poised to reach 167.2 billion by the end of 2037. The report further states that the growth is expected to maintain a CAGR of 19.2%. Thus, the increasing demand for bio-based alternatives to reduce plastic pollution across the world has propelled the demand in this segment.

Our in-depth analysis of the global market includes the following segments:

Purity

  • High Purity
  • Medium Purity
  • Low Purity

Application

  • Plastics
  • Paper
  • Ceramics
  • Coatings
  • Pharmaceuticals

Grade

  • CR
  • UC
  • Coarse Grits
  • Fine Grits

Product Type

  • Natural
  • Modified

Particle Size

  • Submicron
  • Micron
  • Millimeter

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Halloysite Industry - Regional Synopsis

North America Market Analysis

By the end of 2037, North America halloysite market is expected to hold over 66.8% share due to the evolving and enlarging industries. The strong consumer base of this region for the mineral has propelled growth in this sector. Heavy industrial consumption due to the advancements in nanotechnology and biochemistry is influencing companies to increase their production. This has also benefited domestic leaders to garner notable profit margins, encouraging them to invest more. For instance, in December 2022, the American Chemical Society published a study report on the fabrication and application of halloysite nanotube-embedded photocatalytic nanofibers with antibacterial properties. Such R&D activities are further leading to notable progress in this region.

The growing concerns about the impact of plastic pollution in the U.S. are inflating demand in the market due to its contribution to producing bio-based plastics. The country is highly focused on implementing eco-friendly products that can perform similarly to synthetic polymers without causing pollution, increasing the need for halloysite. For instance, in April 2022, Applied Minerals received an order for 22,000 lbs. of a treated grade of its DRAGONITE halloysite clay product to produce flame-retardant polymers.

Canada is also expected to present growth opportunities for the market with the support of environmental regulations promoting bio-based materials. For instance, in October 2024, the government of Canada released a guideline about the NRC program, the Advanced Manufacturing Program. The plan sets a goal for the country to increase the production of eco-responsible materials and plastic alternative solutions. Such, initiatives taken by the governing authorities are further increasing the usage of halloysite. 

APAC Market Statistics

The Asia Pacific halloysite market is projected to mark one of the fastest growth rates during the forecast period, 2025-2037. The increased usage of this material in producing specialized medicine and advanced chemical solutions has propelled the surge in this region. The growing demand for this bio-based substance has inspired many domestic mining companies to invest in more exploration projects. For instance, in October 2022, Viridis released the discovery of kaolin-halloysite presence in the historic drill holes of the maiden drilling program at the Poochera Project. The company also announced its plans to commercialize its aircore hammer drilling at the Smoky Halloysite Project by 2023.

India is estimated to garner significant revenue from the halloysite market due to its expanding pharmaceutical industry and extensive research in this sector. The efforts put into R&D by the country are fostering its potential to grow higher. For instance, in 2022, Adichunchanagiri University conducted a study on modified halloysite nanotubes with chitosan-incorporated PVA/PVP bionanocomposite films. The report elaborates on the usage of the thermal, mechanical, and biocompatibility properties of the material for tissue engineering, supporting cell adhesion and proliferation.  

Being one of the fastest developing countries in this region, China creates a scope of profitable business for the global and domestic leaders in the market. With a positive contribution to promoting clean construction and transportation, the nanotube material heightens in demand due to the country’s goal of achieving neutrality. It is also home to many global halloysite producers, making its position more established in the global landscape. The reliable domestic supply further fuels the industry to create more marketplaces and distribution channels to maintain the profit margin.

Halloysite Market share
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Companies Dominating the Halloysite Landscape

    The highly competitive landscape of the market is majorly influenced by the strategic moves of global leaders. They tend to create a balanced trading system across their supply network to consolidate their position in this sector. For instance, in November 2023, OAR Resources signed a binding Tenement Sale Agreement ESG Minerals for the sale of its non-core Gibraltar Halloysite Project in South Australia. As a part of the company’s strategic divestment, the sale concluded in a transaction of an all-cash consideration of USD 500,000. In addition, this acquisition aims to help ESG pursue high-grade halloysite for the ongoing development of their methane emission reduction and carbon capture technologies. Such key players include:

    • Rizhao Jingtao
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Rizhao Jingtao
    • KaMin
    • Henan Huining
    • Pingxiang Nanjian
    • Minerals Technologies
    • Halloysite International
    • Sibelco
    • Shandong Huitai
    • Hunan Zhongxin
    • Changsha Yiyun
    • Hepu Minerals
    • Jiangsu Xinyu
    • Dalian Halloysite
    • BASF
    • Ionic MT

In the News

  • In November 2024, Ionic MT acquired a 4,000-acre halloysite lease from the state of Utah to support the production of next-generation battery materials. The acquisition aims to scale the supply of Ionisil nano-silicon anode material to meet the surging demand for next-generation, fast-charging electric vehicles (EVs).
  • In November 2023, Andromeda signed a non-binding Heads of Agreement with Traxys Europe S.A to expand business opportunities for its halloysite-kaolin products. The partnership sets a goal for pursuing mutually beneficial sales, distribution, and purchase of these products into ceramic tile production in selected regions.

Author Credits:   Rajrani Baghel


  • Report ID: 6816
  • Published Date: Apr 08, 2025
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the halloysite market was over USD 8.1 billion.

The market size for the halloysite market is projected to reach USD 18.4 billion by the end of 2037 expanding at a CAGR of 7.1% during the forecast period i.e., between 2025-2037.

The major players in the market are Rizhao Jingtao, KaMin, Henan Huining, Pingxiang Nanjian, Minerals Technologies, Halloysite International, Sibelco, Shandong Huitai, Hunan Zhongxin, Changsha Yiyun, Hepu Minerals, Jiangsu Xinyu, Dalian Halloysite, and others.

In terms of purity, the high purity segment is anticipated to garner the largest market share of 45.3% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 66.8% by the end of 2037 and provide more business opportunities in the future.
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