1、 Market supply and demand pattern: coexistence of demand driven and structural upgrading
Demand side:
Steady growth in traditional fields, rapid expansion of emerging applications
In the field of building materials, as the largest application scenario of wollastonite powder (accounting for over 60%), green building policies promote the demand for high-performance building materials. Wollastonite powder, with its characteristics of enhancing crack resistance and reducing cement consumption, has become a key material for low-carbon transformation.
Ceramics and Coatings Industry: In high-end ceramic glazes, the low-temperature firing characteristics of wollastonite powder significantly enhance product glossiness; In the field of environmentally friendly coatings, its potential to replace titanium dioxide is gradually being released with technological breakthroughs.
New energy and environmentally friendly materials: The demand for emerging fields such as lithium battery separator coatings and solar panel packaging has surged, and by 2025, the proportion of related applications has exceeded 15%, becoming the fastest-growing segmented market.
Regional demand differentiation: The ceramic industry cluster in East China accounts for 40% of the consumption, while South China benefits from the leading demand growth rate in the new energy industry layout nationwide.Supply side:
Resource concentration and processing bottlenecks constrain the release of production capacity
Uneven distribution of resources: The Northeast region (Jilin, Liaoning) accounts for 65% of the country’s reserves, but outdated mining technology leads to a utilization rate of less than 50% for high-quality resources.
Structural contradiction in production capacity: There is overcapacity in low-end products (below 200 mesh), while ultrafine powders (above 1250 mesh) and surface modified products rely on imports, accounting for 30% of the total import volume.
Environmental policy impact: The implementation of the “Green Mining Standards for Non metallic Mines” in 2025 has forced 20% of small and medium-sized mines to shut down, exacerbating supply shortages in the short term.Dynamic supply-demand balance
Short term gap: Q3 2025 data shows that the surge in demand during the peak season for construction has led to a decrease in inventory turnover days to 15 days (with a warning line of 20 days), resulting in regional shortages in the East China region.
Long term trend: It is expected that the supply-demand gap will reach 80000 tons by 2026, mainly driven by the compound annual growth rate of 25% in the new energy sector.
2、 Price Trend: Dual Drive of Cost Driven and Demand DrivenCharacteristics of price fluctuations
Periodic fluctuations: Prices increase by 5% -8% annually from Q2 to Q3 due to the peak construction season, and decrease by 3% -5% in Q4 due to mine maintenance.
The quality price difference is significant: the price of ordinary 325 mesh powder remains stable at 1800-2200 yuan/ton, while the price of nano modified products can reach 8000-10000 yuan/ton.Core influencing factors
Raw material costs: The price of wollastonite raw ore has increased by 12% year-on-year, accounting for 55% of production costs, mainly affected by the increase in transportation costs (30% of costs) and environmental protection investment (15%).
Technical premium: Enterprises using airflow grading technology have a product premium of up to 20%, while traditional Raymond mill process products are under price pressure.
Policy regulation: The adjustment of export tax rebate policy has expanded the fluctuation range of foreign trade order prices to ± 8%.Future price forecast
Outlook for 2026: It is expected that the annual average price will exceed 2500 yuan/ton, of which the price of new energy special powder may exceed 12000 yuan/ton.
Risk warning: If the technology of alternative materials such as calcium carbonate breaks through, it may lead to a 10% -15% drop in the price of ordinary powders.
3、 Competitive landscape and strategic responseCompetitive situation analysis
Advantages of top enterprises: The top 5 enterprises (such as Jilin Jinyi Mining) control 60% of high-quality resources through vertical integration, with a gross profit margin of 35%, which is 10 percentage points higher than the industry average.
Technical competition focus: Surface modification technology (such as silane coupling agent treatment) has become the core of differentiated competition, with an annual increase of 40% in related patent applications.Suggestions for Corporate Strategy
Resource based enterprises: It is recommended to layout in emerging production areas such as Africa to avoid domestic policy risks.
Processing oriented enterprises: focus on developing ultrafine powders above 1250 mesh, and enter the high-end coatings and electronic ceramics fields.
End users: Establish long-term agreements to lock in high-quality sources of goods, while paying attention to the research and development trends of bio based alternative materials.
4、 Conclusion and Prospect
The market for wollastonite powder is undergoing a structural upgrade from traditional building materials to new energy and environmentally friendly materials. Short term tight supply-demand balance will support high price operations, but the risks of technological substitution and policy uncertainty coexist. Enterprises need to enhance their competitiveness through technological innovation (such as developing wollastonite graphene composite powders) and industrial chain integration in order to occupy a favorable position in the market size expected to exceed 30 billion yuan by 2026.