For 2021 to 2026,Global Illite Market Size is Expected to Grow at a CAGR of 3.8%

Published Date: Friday,09 Jul,2021

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biaoQian Illite Global Info Research Illite Market Report

Illite is a secondary mineral precipitate, and an example of a phyllosilicate, or layered alumino-silicate. Illite occurs as an altered product of muscovite and feldspar in weathering and hydrothermal environments. Structurally, illite is quite-similar to muscovite with slightly more silicon, magnesium, iron, and water and slightly less tetrahedral aluminium and interlayer potassium.
The global Illite size is  USD 765.5 million in 2020.The global Illite market size is expected to grow at a CAGR of 3.8% for the 2021 to 2026.

Based on the application, Coating and Paint using constitutes the largest application market for Illite. The largest end-use markets for Illite are Aerospace,Automotive,Building, Construction etc.

With the deepening of people's understanding of the properties of illite, the demand for illite is increasing worldwide. China's illite resources are very rich, but high-quality products can’t meet the market demand of high-end papermaking, paint, coatings and plastics.
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