Talc From Talc Ore (cosmetic Grade)
Talc is a naturally-occurring mineral used in some consumer products, including personal care products like cosmetics. Pure talc and talc-containing rock are mined from the earth. Talc is made up of magnesium, silicon, oxygen and hydrogen. Its physical properties make it one of the softest naturally occurring minerals. There are different grades of talc, with varying degrees of purity (or presence of other minerals). Talc is milled to different particle sizes, with the finest talc used in cosmetics, pharmaceuticals, and some food products.
Talc may be used in products to absorb moisture, prevent caking, improve consistency, or to make a product opaque. Talc is an ingredient used in personal care products such as loose powders (e.g., talcum powder, baby powder, blush, eye shadow), and in other forms (e.g., pressed powder, liquid makeup). It is also used in some food items, such as rice and chewing gum, and to manufacture pill tablets. Talc may also be used during athletic or other activities (e.g. drumming).
Talc is an industrial mineral, which is composed of hydrated magnesium sheet-silicates with theoretical formula of Mg3Si4O10(OH)2 that belongs to the phyllo silicate family. Talc may have white, apple green, dark green or brown colors, depending on its composition. Talc is the softest one in all minerals, which has Mohs hardness ranges from (1–1.5) and a greasy feel. The specific gravity of talc is about 2.75; it is relatively inert, and water repellent.
Talc is a kind of clay mineral substance comprising of hydrated magnesium silicate. It is in powder form and is found in the mixture with corn starch. Talc finds extensive application as the baby powder across the globe. The product finds lucrative applications in ceramics, cosmetic items, and paints & roofing materials.
Talc Market was valued at USD 2.57 billion in 2017 and is projected to reach USD 3.35 billion by 2023, at a CAGR of 4.6% during the forecast period.
Moreover, burgeoning demand for lightweight plastic components of vehicles made from talc reinforced polypropylene to enhance vehicle performance, fuel efficacy, and durability will impel the business scope. Beneficial features such as corrosive resistance and resistant against abrasiveness is anticipated to make talc more popular across the globe. Apart from this, the population explosion witnessed in the emerging economies along with rise in the per capita income of middle income group population in these economies has transformed into lucrative demand for consumer items like ceramics, pharmaceuticals, and ceramics. This will propel the product demand. In addition to this, the thriving manufacturing as well as service sectors will propel the market growth.
Region wise, the talc market can be divided into five main regions: Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. Asia Pacific region is likely to contribute notably toward the overall talc industry with the thriving manufacturing and infrastructural sector. With humungous presence of mineral and chemical manufacturing firms in the region as a result of cost-effective production facilities, the market is anticipated to gain traction over the years to come. Country like China is the global leader in white talc production and is also a supplier of talc to other countries. Moreover, escalating growth witnessed in automotive and household sectors in the countries such as Italy, France, and the UK will boost the market trends in Europe. Furthermore, North America and Latin American regions have huge market growth potential and are likely to exhibit incredible surge over the forthcoming years. As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Cosmetic Grade Talc : 32 MT / Day
Plant & machinery: Rs 143 lakhs
Working capital: -
T.C.I: Cost of Project : Rs 954 lakhs
Return: 26.00%
Break even: 62.00%
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