Kaolin is a type of mineral with a respectable global market size. Some data indicate that the international market size of kaolin will reach USD4.1 billion by 2025. The upturn of the kaolin market is moved significantly by the high demand from end-use industries such as sanitarywares, paints and coatings, rubber, plastics, fiberglass, ceramics, and papers.
In terms of value, the Asian kaolin clay market, including Bangladesh’s, has become one of the largest markets to consider. To get more valuable insights into kaolin clay in Bangladesh, check all the information we’ve gathered below.
Trend and Market Size of Kaolin Clay in Bangladesh
The trend of kaolin in Bangladesh is household wares. However, it is also widely used to produce paper and ceramics. Because it is utilized for everyday products like household wares, the market size of kaolin clay in Bangladesh is relatively large. Moreover, paper is one of the most exported products by the country. This means that the Bangladesh industry’s demand for kaolin will be even more significant because kaolin clay is also one of the raw paper materials.
Furthermore, the latest study reported that Bangladesh’s global market is expected to reach USD8962.3 million by 2025. This positive trend is, of course, supported by the growth of the Bangladesh market, which could affect the kaolin market too.
Kaolin Clay Deposit Found in Bangladesh
Besides being known as the eighth most populated country in the world, Bangladesh is also recognized as a kaolin-rich region. There are several areas in Bangladesh known to have large amounts of kaolin clay deposits, namely Bijoypur and Gopalpur area of Netrokona district, Haidgaon of Chittagong district, Nalitabari of Sherpur district, Chittagong district, Baitul Izzat of Satkania thana, Maddhyapara, Barapukuria, Patnitala of Naogaon district, and Dighipara of Dinajpur district. However, exposed white clay is considered not so good in quality. For this reason, most ceramic factories in Bangladesh will use exposed white clay only after blending it with high-quality imported ones.
Referring to information released by The Geological Survey of Pakistan (GSP), kaolin deposits were first discovered in 1957 in Bhedikura of Durgapur Thana, located in the Mymensingh district. GSP then made 13 drilling spots to determine the reserves and thickness. Also, detailed investigations found the kaolin clay deposits mainly discovered in Bhedikura, Maizpara, Fundakura, and Gopalpur. The reserves were 2.47 million tons in an area of 3.84 kilometers square up to the down dip of 60 meters. Later in 1990, The Geological Survey of Bangladesh (GSB) also discovered a kaolin mine in the Bhuranga area.
Industries That Significantly Utilize Kaolin Clay in Bangladesh
As mentioned earlier, kaolin clay is widely used in ceramic and household wares. The local market shows a high demand for low-cost ceramic ware and tiles. Therefore, the need for kaolin clay in the Bangladesh ceramics industry is very high. Still, the kaolin industry in Bangladesh offers raw kaolin clay as industrial-grade kaolin products to export. That’s because the country still relies on imports to obtain better quality kaolin clay.
Import and Export Activities for Kaolin Clay in Bangladesh
Although it relies heavily on imports to obtain high-quality kaolin, Bangladesh derives an astonishing income from kaolin exports. According to the data, Bangladesh managed to get USD46 million from kaolin exports in 2020. This achievement made the country listed as the 112th largest kaolin exporting country in the world. China (USD43 million) and Turkey (USD3 million) became the countries that imported the most kaolin from Bangladesh between 2019 and 2020.
To meet industrial demand in the country, Bangladesh must also import kaolin up to USD18.9 million. This import record made the country occupy 25th place as the largest kaolin importing country in the world. Bangladesh imported the most kaolin from India, China, Indonesia, the United Kingdom, and Thailand.
Attractive Opportunities in Bangladesh’s Kaolin Clay Market
Seeing the growing import and export markets of kaolin in Bangladesh, this can be a very profitable business. Moreover, this country still hasn’t been able to meet its industrial requirements for high-grade kaolin clay. That is why, until now, many industries in Bangladesh rely on imported kaolin to fulfill their needs.
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