Diatom is a common type of algae and belongs to the group of phytoplankton. This type of algae comes in the form of colonies and ribbon. Diatom mud is a popular choice for consumers to use for wall decoration and stone coated roofing tiles.
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With the rise in population, investment in real estate industry is witnessing accelerating growth rate. Developed as well as emerging economies such as India, China, and South Korea are seeing increased spending on the construction industry. Demand for residential and commercial buildings is on the rise and this factor is increasing the demand for diatom mud in recent years. Consumers use diatom mud for wall decoration. Diatom mud is environment friendly as well. It is a type of porous substance full of additives. With the help of modern technology, diatom mud is available in different designs, thus enhancing the beauty of interiors and furnishing. As this is a type of fossil, it enables decomposition of formaldehyde, purification of air, and absorption of humidity. Moreover, being an environment friendly raw material it does not emit any harmful gases and thus offers a pollution free environment. These factors are projected to trigger the growth of the diatom mud market over the forecast period.
Some of the major disadvantages of diatom mud is that this green wall material cannot be washed and hence consumers face difficulty when using it as wall decoration material. Moreover, price of diatom mud is rather high as compared to other wall decoration materials. Paint and putti are available at a much lower price than diatom mud. Thus, the high price of this product is a major restraint to the growth prospects of this market.
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Some of the key players in the diatom mud market include Lvsenlin, CleanKavass, Hengkang, Lantiden, Dado and others.