Description
Global Calcium Carbonate Market: Information by Product Type (Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC)), by End-use Industry (Paper, Paints & Coatings, Plastics, Adhesives & Sealants, Construction, and Others),and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)—Forecast till 2028
Calcium Carbonate Market Overview:
The Calcium Carbonate Market is projected to be worth USD 63.87 Billion by 2028, registering a CAGR of 5.87% during the forecast period (2021 – 2028), The market was valued at USD USD 41.4 billion in 2020.
Calcium Carbonate is a white insoluble mineral including over 4% of the world’s covering and happening normally as limestone, chalk, calcite, marble, and shaping mollusk shells. It is normally utilized in the assembling of lime and Portland concrete and as a gastric acid neutralizer. The development of the market is driven predominantly by the developing utilization of calcium carbonate in different end-use enterprises, including paints and coatings, paper, and plastics. The interest is additionally upheld inferable from its wide accessibility and minimal expense.
Developing interest from the plastic and paper industry is driving the development of the worldwide calcium carbonate market over the estimated time frame. The calcium carbonate is fundamentally utilized as filler and covering color attributable to its printing and brightening properties. Expanding interest for more splendid and bulkier papers is one of the significant explanations behind choosing to call calcium carbonate in the paper business.
Calcium carbonate has different worthwhile properties, including low electrolyte content, low abrasiveness, pH balancing out impact, and assists with working on climate opposition, anticorrosion and rheological properties. Calcium carbonate can be utilized as a filler for shiny covering items in powder covering. Additionally, the option of calcium carbonate decreased expenses and is harmless to the ecosystem item that requires low degrees of weighty metals, for example, child carriages and toys. Moreover, it upgrades the property of powder covering by further developing the splash region and powder pace of the paint.
Market Segmentation
The global calcium carbonate market has been segmented based on Product Type, End-Use Industry, and Region.
Based on Product Type the global market has been classified into Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC). Based on End-use Industry the global market has been classified into Paper, Paints & Coatings, Plastics, Adhesives & Sealants, Construction, and Others.
Regional Analysis
The market in Asia-Pacific held the biggest portion of the overall industry of more than40%in 2019 and is relied upon to develop at a quicker speed during the figure time frame and be the main market. The development of the market is credited to developing development exercises in the locale. China and India are significant economies adding to the development of the market. As indicated by the CRI examination, in 2020, China is the main maker and shopper of calcium carbonate in Asia-Pacific, representing around 40% of the portion of the territorial market as far as worth. The becoming modern base and populace in China is the superb factor driving the market development.
Key Players
The major players of the global calcium carbonate market are OMYA AG (Switzerland), Imerys Performance Minerals (France), Minerals Technologies Inc. (US), Huber Engineered Materials (US), Yuncheng Chemical Industrial Co., Ltd (China), Zhejiang JiandeLonghua Plastic Chemical Co., Ltd (China), Maruo Calcium Co., Ltd. (Japan), GLC Minerals Inc. (US), Calchem Industries (India) Ltd, Graymont Limited (Canada), Fujian Sanmu Nano Calcium Carbonate Co., Ltd (China), and Mississippi Lime Company (US).
Global Calcium Carbonate Market—Forecast till 2028
Calcium Carbonate Market Overview:
The Calcium Carbonate Market is projected to be worth USD 63.87 Billion by 2028, registering a CAGR of 5.87% during the forecast period (2021 – 2028), The market was valued at USD USD 41.4 billion in 2020.
Calcium Carbonate is a white insoluble mineral including over 4% of the world’s covering and happening normally as limestone, chalk, calcite, marble, and shaping mollusk shells. It is normally utilized in the assembling of lime and Portland concrete and as a gastric acid neutralizer. The development of the market is driven predominantly by the developing utilization of calcium carbonate in different end-use enterprises, including paints and coatings, paper, and plastics. The interest is additionally upheld inferable from its wide accessibility and minimal expense.
Developing interest from the plastic and paper industry is driving the development of the worldwide calcium carbonate market over the estimated time frame. The calcium carbonate is fundamentally utilized as filler and covering color attributable to its printing and brightening properties. Expanding interest for more splendid and bulkier papers is one of the significant explanations behind choosing to call calcium carbonate in the paper business.
Calcium carbonate has different worthwhile properties, including low electrolyte content, low abrasiveness, pH balancing out impact, and assists with working on climate opposition, anticorrosion and rheological properties. Calcium carbonate can be utilized as a filler for shiny covering items in powder covering. Additionally, the option of calcium carbonate decreased expenses and is harmless to the ecosystem item that requires low degrees of weighty metals, for example, child carriages and toys. Moreover, it upgrades the property of powder covering by further developing the splash region and powder pace of the paint.
Market Segmentation
The global calcium carbonate market has been segmented based on Product Type, End-Use Industry, and Region.
Based on Product Type the global market has been classified into Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC). Based on End-use Industry the global market has been classified into Paper, Paints & Coatings, Plastics, Adhesives & Sealants, Construction, and Others.
Regional Analysis
The market in Asia-Pacific held the biggest portion of the overall industry of more than40%in 2019 and is relied upon to develop at a quicker speed during the figure time frame and be the main market. The development of the market is credited to developing development exercises in the locale. China and India are significant economies adding to the development of the market. As indicated by the CRI examination, in 2020, China is the main maker and shopper of calcium carbonate in Asia-Pacific, representing around 40% of the portion of the territorial market as far as worth. The becoming modern base and populace in China is the superb factor driving the market development.
Key Players
The major players of the global calcium carbonate market are OMYA AG (Switzerland), Imerys Performance Minerals (France), Minerals Technologies Inc. (US), Huber Engineered Materials (US), Yuncheng Chemical Industrial Co., Ltd (China), Zhejiang JiandeLonghua Plastic Chemical Co., Ltd (China), Maruo Calcium Co., Ltd. (Japan), GLC Minerals Inc. (US), Calchem Industries (India) Ltd, Graymont Limited (Canada), Fujian Sanmu Nano Calcium Carbonate Co., Ltd (China), and Mississippi Lime Company (US).
