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The calcium carbonate market size is forecast to increase by USD 15.53 billion between 2022 and 2027, accelerating at a CAGR of 6.2%. In 2017, China held the largest market share, projecting an annual revenue of USD 91.11 billion. The research report of the Calcium Carbonate Market offers industry forecasts and segmentation based on Type including both GCC and PCC. It also segments the market by End-User, which comprises paper, plastic, paint, adhesive and sealant, and others. Geographically, the report covers APAC, North America, Europe, Middle East and Africa, and South America. The market size, historical data (2017-2021), and future forecasts are presented in terms of value (in USD billion) for all these mentioned segments.
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An increasing consumption of calcium carbonate in the paints and coatings industry is more likely to propel the market advancement of the industry throughout the forecast period. The paint and coatings industry is anticipated to experience robust expansion in the next years due to the increasing usage of calcium carbonate in this sector. Paints, varnishes, and inks can have their porosity and opacity increased by adding calcium carbonate as an extender agent. It also strengthens their ability to hide. In addition, it provides an affordable way to guarantee surface covering and quality in lithographic and flexographic inks as well as silk screen printing. Therefore growing consumption of calcium carbonate in the paints and coatings industry is expected to propel the growth of the global calcium carbonate market during the forecast period.
The GCC segment is projected as the Leading segment that is more likely to dominate the Calcium Carbonate Market
The GCC segments. was the largest segment and valued at USD 34.10 in 2017. Natural limestone or marble is mechanically crushed and ground into a powder to create GCC, a form of calcium carbonate. Because of its outstanding whiteness, high brightness, and tiny particle size, it is widely employed in many different sectors. GCC is a multipurpose mineral with applications in paper, plastics, paints, coatings, rubber, adhesives, and construction. The adoption of GCC is supported by government rules that encourage the use of non-toxic and ecologically friendly additives in a variety of industries. Over the course of the forecast period, these factors are anticipated to propel the growth of the GCC sector of the worldwide calcium carbonate market.
Calcium Carbonate Market - Revenue Share by GCC Segment, 2017-2027
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APAC Holds a Prominent Position in the Calcium Carbonate Market
APAC is estimated to contribute 48% to the growth of the global market during the forecast period. The demand for calcium carbonate has expanded across a range of industries in the APAC area as a result of the region's recent rapid economic growth and industrialization. The need for calcium carbonate in products like paints, coatings, plastics, and building materials has been fuelled by the growth of the manufacturing sector, construction activities, and infrastructure development. There is a sizable and quickly expanding population in the area. Building products like cement, concrete, and aggregates require more calcium carbonate as a result of increased construction activity brought on by urbanization.
Moreover, Calcium carbonate is considered a relatively environmentally friendly mineral, and its use in various applications can contribute to sustainability efforts, driving demand for calcium carbonate from eco-conscious industries and consumers. Hence these factors are expected to drive the growth of the regional calcium carbonate market during the forecast period.
Calcium Carbonate Market Size, By Region, Global, 2017-2027
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The Calcium Carbonate Market is fragmented in nature. Some significant players include CRH Plc, GCCP Resources Ltd., Imerys S.A., J M Huber Corp., Lhoist SA, Minerals Technologies Inc., Mississippi Lime Co.,
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Parchem Fine and Specialty Chemicals Inc., Omya International AG, SCHAEFER KALK GmbH and Co. KG, AGSCO Corp., SCR Sibelco NV, Carmeuse Coordination Center SA, Cerne Calcium Co., GLC Minerals, Greer Industries, Gulshan Polyols Ltd., Zillion Sawa Minerals Pvt. Ltd., Kunal Calcium Ltd., and Bhavani chemicals
The calcium carbonate market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 - 2021.
Calcium Carbonate Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2022 |
Historic period |
2017 - 2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.2% |
Market growth 2023-2027 |
USD 15.53 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
5.38 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 48% |
Key countries |
US, China, Japan, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
CRH Plc, GCCP Resources Ltd., Imerys S.A., J M Huber Corp., Lhoist SA, Minerals Technologies Inc., Mississippi Lime Co., Parchem Fine and Specialty Chemicals Inc., Omya International AG, SCHAEFER KALK GmbH and Co. KG, AGSCO Corp., SCR Sibelco NV, Carmeuse Coordination Center SA, Cerne Calcium Co., GLC Minerals, Greer Industries, Gulshan Polyols Ltd., Zillion Sawa Minerals Pvt. Ltd., Kunal Calcium Ltd., and Bhavani chemicals |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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