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The North America calcium carbonate (CaCO3) market size is estimated to increase by USD 3.73 billion, growing at a CAGR of 6.42% between 2023 and 2028. Market growth hinges on various factors, notably the rising utilization of calcium carbonate as industrial fillers, escalating demand for calcium carbonate in the paints and coatings sector, and the growing significance of PCC within the paper industry. Additionally, an exhaustive examination of drivers, trends, and challenges forms an integral part of the analysis. Ground Calcium Carbonate (GCC) emerges as a crucial mineral filler and extender, with wide-ranging applications across various industries including paper, coatings, plastics, and beyond. Notably, it acts as a substitute for titanium dioxide pigment in paints and sees increasing use in paper coating and filling tasks. Derived plentifully from limestone, chalk, and marble, calcium carbonate provides added benefits such as stiffness, improved color, and opacity enhancement.
The market share growth by the GCC segment will be significant during the forecast period. GCC is used in paper filling to reduce cost and buffer the alkaline pH range. It helps in producing thick paper sheets that exhibit high strength, durability, and longevity. The rising demand for mineral fillers will increase the consumption of GCC as it exhibits high quality and is relatively inexpensive.
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The GCC segment accounted for USD 7.67 billion in 2018. GCC producers are likely to continue producing high-quality products that offer value for money. Paper and plastics are the largest markets for ground calcium carbonate. In paintings, GCC is used as an extender mineral and alternative to expensive pigments such as titanium dioxide. It also improves opacity and brightness, typically in architectural coatings. Therefore, the GCC segment will grow in the market during the forecast period.
Fillers are mainly used as additives in composite materials, plastics, and concrete to enhance the properties of the final products. They are also used as alternatives to expensive binders. Calcium carbonates are used as extenders in paint production and are the most widely used inorganic fillers. They are relatively inexpensive and are available in a variety of particle sizes. The most common grade of compound filler is derived from limestone or marble and is widely used in sealants for automobile parts. Thus, owing to such advantages offered by fillers, the segment is anticipated to grow in the market during the forecast period.
Calcium carbonate comprising GCC and PCC is the highest value-added product in the limestone value chain. The market is focused on a few end-user segments (paper, paints, and plastics). Both GCC and PCC are widely used in the plastics industry as filler minerals.
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The market in North America experiences robust demand across various sectors, including paper, hygiene-related products, packaging applications, paints, coatings, adhesives, and sealants. Calcium carbonate finds extensive usage as a mineral filler in the paper industry, enhancing the opacity, brightness, and smoothness of writing, printing, and packaging-grade paper. It serves as a crucial component in the alkaline papermaking process, contributing to production cost optimization. Additionally, calcium carbonate is utilized in green applications, promoting sustainability in manufacturing processes. With its diverse applications in industries ranging from cosmetics to automotive, calcium carbonate emerges as a versatile and indispensable raw material in the North American market.
The market in North America is witnessing notable growth, driven primarily by its increasing utilization as industrial fillers. Ground Calcium Carbonate (GCC) serves as a vital filler and extender mineral, finding applications in diverse sectors such as paper, paints, plastics, and more. Particularly, it substitutes titanium dioxide pigment in paints and is increasingly used in paper coating and filling applications. Abundantly sourced from limestone, chalk, and marble, calcium carbonate offers additional functionalities like stiffness, color enhancement, and opacity. With reserves of white marble being the most plentiful, the region anticipates a significant surge in filler usage, especially in industrialized nations, reflecting a transformative shift in the market landscape towards enhanced functionalities and cost-effective solutions.
The rising demand for nano calcium carbonate in the plastics and rubber industries is an emerging market trend. The ultra-fine precipitated form of the compound with an average particle diameter >100 nm is used as an additive in numerous products. Nano-precipitated compound (NPCC) is extensively used in the paper, plastic, paint, and rubber industries because of its exceptional chemical and physical properties. Besides, due to technological innovations in superfine filler production and surface modification, the compound is used as a reinforcing filler in rubber production.
Moreover, a nanosized compound is a low-cost, commercially available nanofiller that improves specific polymer properties such as permeability, stiffness, tensile strength, flame and scratch resistance, and thermal stability. It also improves the mechanical properties of the reinforced rubber-calcium carbonate composites. Therefore, such factors will fuel the growth of the market during the forecast period.
The declining sources of limestone are major challenges impeding the market. Limestone is one of the economic sources of the compound. Some of the limestone reserves can yield as high as 98%-99% of calcium carbonate. Limestone reserves are geographically concentrated in North America, especially in the US. Most of the limestone reserves are located away from their major consuming regions. Due to this, limestone mining operations are considered economically impractical by the manufacturers.
In addition, rising environmental and public concerns toward limestone mining due to noise and air pollution are hindering the North America - calcium carbonate market growth. Suppliers are forced to endure high compliance costs to carry on their mining operations. Cheaper imports are also reducing the prices of limestone and carbonate, thus disturbing the profit margins of the companies. Moreover, finding and creating new limestone quarries is a slow and time-consuming process. Hence, such factors will hinder market growth during the forecast period.
Companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Arkema Group, Carmeuse Coordination Center SA, Covia Holdings LLC, GLC Minerals, Holcim Ltd., Imerys S.A., J M Huber Corp., Lhoist SA, Mccarthy Bush Corp., Minerals Technologies Inc., Mississippi Lime Co., Omya International AG, Pete Lien and Sons Inc., SCR Sibelco NV, Solvay SA, The Cary Co., and Graymont Ltd
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2018-2022.
The market in North America experiences robust demand across various industries, driven by its versatile applications. Hygiene-related products, packaging applications, paints & coatings, and adhesives & sealants are among the key sectors leveraging calcium carbonate. Furthermore, it serves as a food additive, preservative, and acidifier in the food & beverages industry, ensuring pH balance and water neutralization. In the construction sector, calcium carbonate finds use in cement production, ceramic materials, and tiles for residential and commercial buildings. The market exhibits fragmentation with ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC) dominating industrial applications. Moreover, it plays a pivotal role in the paper sector, enhancing smoothness, printability, and gloss in various grades of paper, meeting the packaging and tissue demand amidst population growth and stringent hygiene standards.
The market in North America exhibits robust growth driven by various factors including the widespread usage of calcium citrate and citric acid in industries such as cosmetics, pharmaceuticals, and cleaning agents. Additionally, its application as a flavoring agent further contributes to market expansion. Industries like the construction sector, represented by LafargeHolcim, benefit from calcium carbonate's role in polymer composites and as a lime-derived substance, enhancing properties in rubbers, PVC/plastics, and thermal & electrical insulators. The American Forest & Paper Association underscores its significance in tissue production and papermaking, serving diverse needs from writing to packaging-grade paper. Market fragmentation, however, poses challenges despite its critical role in addressing packaging demand and reducing production costs through kaolin replacement and surface finishing techniques, especially in the booming e-commerce and automotive sectors.
North America Calcium Carbonate Market Scope |
|
Report Coverage |
Details |
Page number |
150 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.42% |
Market Growth 2024-2028 |
USD 3.73 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
5.55 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AGSCO Corp., Arkema Group, Carmeuse Coordination Center SA, Covia Holdings LLC, GLC Minerals, Holcim Ltd., Imerys S.A., J M Huber Corp., Lhoist SA, Mccarthy Bush Corp., Minerals Technologies Inc., Mississippi Lime Co., Omya International AG, Pete Lien and Sons Inc., SCR Sibelco NV, Solvay SA, The Cary Co., and Graymont Ltd |
Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our market research 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 Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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