Calcium Carbonate Market is valued at USD 23.89 Billion in 2020 and is expected to reach USD 35.45 billion by 2027 with a CAGR of 5.8% over the forecast period.
Calcium Carbonate Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027, Increasing consumption of calcium carbonate in various end-use industries including paper, plastics, paints, and coating is one of the major factors driving the growth of Global Calcium Carbonate Market.
Calcium carbonate is a chemical compound and has the formula CaCo3. Calcium carbonate is a naturally occurring substance that is found in rocks as minerals. Calcium carbonate is an active ingredient in agricultural lime and is produced from calcium ions. It is obtained from calcium ores such as limestone, calcite, aragonite. It is the main component of the shell of marine animals and pearls.
Naturally, the calcium carbonate is insoluble in water and appears in odorless white powder. The calcium carbonate is used either in its pure form or in its naturally occurring state. The pure form of calcium carbonate is extracted from natural sources by different techniques like quarrying and mining. In pharmaceutical products, calcium carbonate is used as a calcium supplement to improve bone health and as an antacid to relieve heartburn, digestive problems, acid indigestion, and others.
Covid-19 has impacted the growth of the global calcium carbonate market. The demand for calcium carbonate is decreased after the outbreak of the coronavirus. The outbreak of coronavirus causes widespread shutdown across the globe which leads to an impact on the economy worldwide. It has major applications in paper, plastics, paints, and coating industries. These industries have shown a decline in growth during pandemics which has also affected the demand for calcium carbonate.
Calcium Carbonate Market report covers prominent players like OMYA AG, Imerys Performance Minerals, Minerals Technologies Inc., Huber Engineered Materials, Yuncheng Chemical Industrial Co., Ltd, Zhejiang JiandeLonghua Plastic Chemical Co., Ltd., Maruo Calcium Co., Ltd., GLC Minerals Inc., Calchem Industries Ltd, Graymont Limited, Fujian Sanmu Nano Calcium Carbonate Co., Ltd, and Mississippi Lime Company and others.
The Calcium Carbonate Market is segmented on the basis of product type, end use, and region & country level. On the basis of product type, the Calcium Carbonate market is classified into ground calcium carbonate and precipitated calcium carbonate. Based on end-use, the Calcium Carbonate market is divided into paper, paints & coatings, plastics, adhesive & sealants, construction, and others.
By Product Type:
By End User:
The regions covered in the Calcium Carbonate Industry report are North America, Europe, Asia-Pacific, Latin America, and the Rest of the World. On the basis of country level, the market of Global Calcium Carbonate is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
On October 29th, 2020; Huber Carbonates, LLC, a subsidiary of J.M. Huber Corporation, announced a change in distribution partnerships in North America for its Ground Calcium Carbonate (GCC) business. Commencing in the fourth quarter of 2020, the distributors represent Huber’s GCC products for non-rubber industrial applications, such as paints and coatings, plastics, inks, grouts, mortars, stuccos, adhesives, caulks and sealants include; Essential Materials, Inc. (Western US); Nagase America LLC. (Midwestern US); Superior Materials, Inc. (Northeastern US); and The Terra Firma Company, LLC. (Southeast through Texas).
The major application of calcium carbonate is for filling and coating pigments and for whitening properties. The growing demand for bulkier and brighter paper is one of the major factors increasing the demand for calcium carbonate because calcium carbonate is used for whitening the paper. In addition, calcium carbonate has many advantageous properties such as low abrasiveness, low electrolyte content, pH stabilizing effect, which help to improve weather resistance, anticorrosion and rheological properties.
It can be used as filler for high gloss coating products in powder coating. The addition of calcium carbonate also leads to reduce costs and it is also an environmentally friendly product that requires a low level of heavy metals such as baby carriages and toys. It also enhances the property of powder coating by improving the spray area and powder rate of the paint. Paper has the largest application segment in 2020 and accounted for a revenue share of more than 50%.
However, high cost for manufacturing calcium carbonate and high logistics and transportation costs for raw material which ultimately add on to the cost of the end product may hamper the market growth. In spite of that, the increasing growth of the construction industry worldwide and the demand for Nano calcium carbonate may offer more opportunities for the further growth of the global calcium carbonate market.
North America is anticipated to dominate the global calcium carbonate market owing to the high demand from industries such as paints & coatings, adhesives & sealants, plastic, and paper manufacturing. According to the American Forest & Paper Association, the United States wood and paper products industry recorded high production of tissue in 2020. The United States mills produce around 700 kilotons of tissues each year.
Asia-Pacific is also expected to witness the fastest growth in the global calcium carbonate market owing to the increasing number of construction projects coupled with positive economic activity and high investment opportunities across emerging economies like Indonesia, India, and China in this region. China has the world`s second-largest economy, it is also a leading producer and consumer of calcium carbonate in Asia Pacific countries. The European Union countries are banning single-use plastic packaging products which increase the demand for paper for packaging solutions in grocery stores, clothing stores, food delivery, and many others which are expected to show a positive impact on the demand for calcium carbonate market.
North America
Europe
Asia Pacific
Latin America
The Middle East and Africa
Report Analysis | Details |
---|---|
Historical data | 2015 - 2020 |
Forecast Period | 2021 - 2027 |
Market Size in 2020: | USD 23.89 Billion |
Base year considered | 2020 |
Forecast Period CAGR %: |
5.8% |
Market Size Expected in 2027: | USD 35.45 billion |
Tables, Charts & Figures: | 175 |
Pages | 200 |
Calcium Carbonate Companies: | OMYA AG, Imerys Performance Minerals, Minerals Technologies Inc., Huber Engineered Materials, Yuncheng Chemical Industrial Co., Ltd, Zhejiang JiandeLonghua Plastic Chemical Co., Ltd., Maruo Calcium Co., Ltd., GLC Minerals Inc., Calchem Industries Ltd, Graymont Limited, Fujian Sanmu Nano Calcium Carbonate Co., Ltd, and Mississippi Lime Company and others. |
Segments Covered |
By Product Type, By End User |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
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