Calcium carbonate is a versatile chemical compound with various applications across industries. It is a white, odorless powder composed of calcium, carbon, and oxygen. One of its primary uses is as a filler and pigment in the manufacturing of paper, plastics, and rubber products. It is also widely employed as a dietary supplement due to its high calcium content, essential for bone health.
In the construction industry, calcium carbonate is utilized as a building material, providing strength and stability to structures. Additionally, it serves as an ingredient in the production of paints, adhesives, and ceramics, owing to its properties of opacity, durability, and low cost.
According to future market insights (FMI), a recent market analysis projects that the worldwide Calcium Carbonate market would develop at a stunning 5.4% CAGR between 2022 and 2032.
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In addition, the consumption of Calcium Carbonate in the Plastics industry is rising rapidly. Calcium carbonate is available around the world, it is compatible with a wide range of polymer resins, and is easy to grind these factors make its effective use in Plastic Industry. In the Propylene compound calcium carbonate is often used to increase rigidity, it provides opacity and surface gloss. Consumption of Calcium Carbonate is increasing with continuous demand for plastic products.
Moreover, stringent environmental regulations for Paints and coatings and Plastic Industry is one of the major restraints for the calcium Carbonate Market.
“Increasing demand for Paints and coatings products is expected to propel the market growth over the forecast period,” says an FMI analyst.
Key Takeaways:
- The global Calcium Carbonate market is expected to attain a value of over US$ 41.4 Billion by the end of the forecast period growing at a CAGR of 4% over the forecast period.
- Rising demand for Calcium Carbonate for various applications in the paints and coating industry is expected to propel the growth of the market in recent years.
- Key players are focusing on increasing production capacity and expansion by setting up a new plants to cater to the growing demand of end-use industries
- Calcium Carbonate is compatible with a wide range of polymer resins and is easy to grind making its effective use in Plastic Industry.
- Due to the presence of countries like China, the world’s largest Calcium Carbonate producer, East Asia is predicted to be the leading market in terms of Calcium Carbonate consumption.
Competitive Landscape
Imerys, Omya AG, Minerals Technologies Inc., Huber Engineered Materials, Mississippi Lime Company, Carmeuse, Sibelco, Midwest Calcium Carbonate, Calciner SA, Greer Limestone Company, LafargeHolcim, United States Lime & Minerals, Inc., Excalibar Minerals LLC, AGSCO Corp, Blue Mountain Minerals, GCCP Resources, GLC Minerals, LLC, ILC Resources, Mountain Materials, Inc., NALC, LLC and various others are the some of the key manufacturers of Calcium Carbonate Calcium Carbonate profiled in the full version of the report.
More Insights into the Calcium Carbonate Market Report
In its latest report, FMI offers an unbiased analysis of the global Calcium Carbonate market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, its growth, and scope, the market is segmented based on Application, Product Type, End use and Region.
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Calcium Carbonate Market Segmentation
By Product Type:
- Ground Calcium Carbonate (GCC)
- Precipitated Calcium Carbonate (PCC)
By Application:
- Fillers
- Neutralizing Agents
- Construction Materials
- Dietary Supplements
- Desulfurization
- Additive
- Others
By End Use:
- Paper
- Plastic & Rubber
- Paints & Coatings
- Adhesives & Sealants
- Cement & Ceramics
- Agriculture
- Pharmaceuticals
- Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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