The United States ground and precipitated calcium carbonate industry revenue is projected to increase from US$ 4,468.3 million in 2023 to US$ 6,435.6 million by 2033. Over the assessment period, demand for ground and precipitated calcium carbonate is projected to surge at a CAGR of 3.7%.
Ground calcium carbonate segment is expected to dominate the target business during the assessment period. It is set to hold a volume share of 84.5% in 2023. On the other hand, the precipitated calcium carbonate segment is set to rise at a CAGR of 4.3% through 2033.
The United States ground calcium carbonate (GCC) business is dominant due to the country’s abundant natural reserves of limestone and marble, which are the primary sources of GCC. The availability of these resources provides a consistent and reliable supply base for the production of GCC.
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Several factors are expected to drive sales growth in the United States through 2033. These include rising need for cost-effective fillers and rapid expansion of industries like construction, paper, paints & coatings, and pharmaceuticals.
Calcium carbonate is a key ingredient in industries such as paper, plastics, paints and coatings, adhesives, and construction. The wide range of applications contributes to its widespread use and prevalence.
Calcium carbonate, especially GCC, is often favored for its cost-effectiveness compared to other materials. The production process for GCC is generally less expensive, making it a cost-efficient choice for industries where pricing considerations are crucial, contributing to its dominance in the country.
Calcium carbonate is witnessing a higher demand in the paper industry. Its long-established usage as a filler and coating pigment in papermaking has solidified its position as the preferred choice in this sector. It’s role in improving the quality and printability of paper is contributing significantly to its adoption.
Key Takeaways from the Report
- Demand for ground and precipitated calcium carbonate in the United States is projected to rise at 7% CAGR through 2033.
- By product type, ground calcium carbonate segment is expected to total a valuation of US$ 4,777.0 million by 2033.
- By application, the fillers segment is set to hold a value share of 7% in 2023.
- By end use, the paper segment is set to hold a revenue share of 9% in 2023.
- The West United States is expected to account for a significant share of about 4% in 2033.
- South United States revenue is anticipated to reach US$ 2,003.8 million by 2033.
- Demand in the Midwest United States is predicted to rise at 2% CAGR through 2033.
“The United States ground and precipitated calcium carbonate business is poised to witness healthy growth due to escalating environmental regulations and expanding industrial sectors,” says an analyst at Future Market Insights (FMI).
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Who is Winning?
Imerys S. A., Minerals Technologies Inc., J.M. Huber Corporation, Omya AG, Carmeuse, Mississippi Lime Company, and United States Lime & Minerals Inc. are the leading manufacturers of ground and precipitated calcium carbonate listed in the full version of the report.
Key players are focusing on the expansion of domestic production and technology areas to provide cost-efficient solutions to consumers. They are also investing in developing new products and further innovation on the existing ones to meet end-user demand.
Recent developments:
- In 2022, MK Minerals was acquired by Omya AG.
Key Companies Profiled
- Imerys S. A.
- Omya AG
- Mississippi Lime Company
- Minerals Technologies Inc.
- Mississippi Lime Company
- J. M. Huber Corporation
- ILC Resources
- Carmeuse
- US Aggregates
- INCOA Performance Minerals
- United States Lime & Minerals Inc.
- GLC Minerals
- Blue Mountain Minerals
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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