IMARC Group, a leading market research company, has recently releases report titled “Calcium Carbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global calcium carbonate market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the calcium carbonate market?
The global calcium carbonate market is expected to exhibit a growth rate (CAGR) of 4.9% during 2023-2028.
What is a calcium carbonate?
Calcium carbonate is a chemical compound composed of calcium, carbon, and oxygen. It is a common substance found in rocks, shells of marine organisms, and minerals, such as limestone, chalk, and marble. It has a white, powdery appearance and is extensively used as a dietary supplement, antacid, or building material in the construction industry. It has numerous uses in various industries due to its high thermal stability, low toxicity, and high durability. It is an important component of many natural and synthetic materials in the production of cement, ceramics, plastics, and paper. It is also used as an antacid to treat heartburn, indigestion, and acid reflux and as a dietary supplement to prevent or treat calcium deficiency. Additionally, it is utilized as a filler and pigment in paints, coatings, and adhesives as it improves the hiding power, gloss, and durability of these products.
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What are the growth prospects and trends in the calcium carbonate industry?
The growing demand for calcium carbonate across the construction industry is driving the global market. This can be attributed to the rising investments in infrastructural development projects across several countries. In line with this, the widespread adoption of calcium carbonate in the agriculture sector as it is used as a soil conditioner to improve soil quality and increase crop yields is providing a boost to the product demand. Moreover, the development of new and innovative technologies to produce high-quality calcium carbonate products more efficiently and cost-effectively is creating a positive outlook.
Additionally, several product innovations, such as the development of nano-calcium carbonates with biodegradable and biocompatible properties, are acting as other growth-inducing factors. Apart from this, the widespread product adoption for the manufacturing of polyvinyl chloride (PVC) packaging and lightweight automobile components are impacting the market favorably. Furthermore, the increasing utilization of calcium carbonate in personal care products, such as toothpaste and skincare products, as a polishing agent and to adjust the pH levels is catalyzing the demand. Other factors, such as extensive research and development (R&D) activities by leading players and growing demand for adhesives and sealants, are also influencing the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Ground Calcium Carbonate (GCC)
- Precipitated Calcium Carbonate (PCC)
Breakup by Application:
- Paper
- Paints and Coatings
- Plastics
- Adhesives and Sealants
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Blue Mountain Minerals
- Carmeuse (Carmeuse Lime Inc.)
- GCCP Resources
- GLC Minerals LLC (Hurlbut Holdings Inc.)
- Greer Limestone Company
- Gulshan Polyols Ltd.
- Imerys (Belgian Securities B.V.)
- M. Huber Corporation
- LafargeHolcim
- Minerals Technologies Inc.
- Mississippi Lime Company
- Omya AG
- Parchem Fine & Specialty Chemicals
- United States Lime & Minerals Inc. (Inberdon Enterprises Ltd.)
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