The increasing demand for paper products in packaging and hygiene are driving the demand for the market.
Market Size – USD 19.87 Billion in 2018, Market Growth – CAGR of 6.1%, Market Trends – High demand from the Asia Pacific region.
The global Calcium Carbonate market is forecast to reach USD 34.17 Billion by 2027, according to a new report by Reports and Data. Calcium carbonate is medicinally used as a dietary supplement when the amount of calcium in the body is not enough. It is needed in the body for healthy bones, nervous systems, muscles, and heart. It is also used as an antacid to relieve acid indigestion, heartburn, and upset stomach.
The increase in the development of infrastructure is propelling the demand for the calcium carbonate market. An increase in the automobile industry is also creating a demand for calcium carbonate as a raw material. The market demand is growing because of the versatile application of the product in nanowire, plastics, and coatings of alloys. Calcium carbonate is used for imaging purposes, catalytic applications, and in drug delivery loading of hydrophilic protein drugs.
However, side effects, such as swelling on face, skin rashes, unusual weakness, vomiting, loss of appetite, and nausea, are restraining the demand of the market.
Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.
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The report covers the market dynamics analysis, company profiles, production and manufacturing capacity, product specifications, product value, and key players. The report also offers an insight into the growth prospects during the forecast period. The Calcium Carbonate Market report also offers detailed data on the key market players to impart a deeper understanding of the competitive landscape. The report focuses on the key market elements to ensure the readers gain a competitive advantage and maximum benefit of the market data to assist them in achieving substantial growth and an advantageous position in the global market.
Key findings of the report:
Ground calcium carbonate held a larger market share in the calcium carbonate market in 2018. Ground calcium carbonate is basic in nature and can be used to neutralize combustion vapors or increase the pH in soils or water. It is used in paper and plastic fillers, paints, and coatings. It can also be used in cement, to convert quick-lime into slaked lime.
Calcium carbonate is among the most common mineral fillers used in the plastic industry. It is widely available, easy to breakdown, and is also quite economical. It also decreases surface energy and provides surface gloss and opacity, which enhances the surface finish. Moreover, it also increases impact strength and stiffness when the particle size is controlled.
Calcium carbonate is available in various particle sizes ranging from less than 1.0 micrometer to large white decorative chips. Ground calcium carbonate is the most cost-effective mineral filler on the market, and it has a supply from various mines located all over the globe.
North America held the second-largest market in the year 2018. The consumption of calcium carbonate in the region is anticipated to increase owing to the growing demand from plastics and paints & coatings industry in the U.S.
In June 2017, Mercer Lime Company was acquired by Mississippi Lime Company. The company acquired Mercer’s hydrated lime business to build up its position in the industry and also cater to a wider range of customers in North America.
Key participants include Omaya AG, Sibelco, Imerys, Calcinor SA, Carmeuse, Minerals Technologies Inc., Mississippi Lime Company, Huber Engineered Materials, GLC Mineral, and Graymont Limited, among others.
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For the purpose of this study, the global Calcium Carbonate market has been segmented on the basis of disease type, application, distribution channel, and region:
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Ground Calcium Carbonate
- Precipitated Calcium Carbonate
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Dietary Supplement
- Filler and Pigment
- Raw Substance for Construction Material
- Component of Adhesives
- Additive for Thermoplastics
- Neutralizing Agent in Soil
- Desulfurization of Fuel Gas
End-Use Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Paint and Coating
- Adhesives and Sealants
By Region (Revenue, USD Million; 2017-2027)
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
Table Of Contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2027
Chapter 3. Indicative Metrics
Chapter 4. Calcium Carbonate Market Segmentation & Impact Analysis
4.1. Calcium Carbonate Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Increasing demand from packaging and tissue paper industry
22.214.171.124. Growing construction activities in the APAC region
4.2.3. Market restraints analysis
126.96.36.199. Toxic effects of calcium carbonate
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
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