Though diverse, industrial minerals markets have largely been in decline throughout 2015 and 2016 due to falling demand in major markets, declining oil prices, and oversupply. In June, I attended the Industrial Minerals’ International Congress (IMIC) in the Czech Republic. It was not a happy place, with a subdued atmosphere and producers, consumers, traders, and processors all feeling the effects of reduced market activity.
I don’t know about you, but November 9 can’t come quickly enough for me. I don’t recall an election less focused on issues and policies and more focused on the personalities of the candidates. At this point, I just can’t wait for it all to be over.
The global technical ceramics market is expected to grow at a CAGR of 6.37% through 2020.
October 3, 2016
According to a recent market study by Technavio, the global technical ceramics market is expected to grow at a compound annual growth rate (CAGR) of 6.37% from 2016-2020. As of 2015, Asia-Pacific held the largest market, at around 37.7%, and is anticipated to grow at a CAGR of around 7% during 2016-2020.