Precipitated Calcium Carbonate Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, India, UK, Germany - Size and Forecast 2023-2027

Precipitated Calcium Carbonate Market 2023-2027

The precipitated calcium carbonate market size is estimated to increase by USD 2.51 billion and grow at a CAGR of 4.75% between 2022 and 2027. The growth of the market depends on several factors, such as the importance of PCC in the paper industry, the increasing consumption of PCC in paints and coatings manufacturing, and the importance of PCC as an industrial filler. PCC offers distinct advantages that contribute to its increasing preference over other fillers. These advantages include superior surface finish, enhanced impact and electric resistance, and precise control over product manufacturing processes. These properties make PCC an attractive choice for industries seeking to optimize product performance while maintaining cost-effectiveness.

What will be the size of the Precipitated Calcium Carbonate Market During the Forecast Period?

To learn more about this report, View Report Sample

Market Segmentation

This market report extensively covers market segmentation by type (pharmaceutical grade and industrial grade), end-user (paper, plastic, paint, adhesive and sealant, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

By Type

The pharmaceutical grade segment is estimated to witness significant growth during the forecast period. Pharmaceutical grade PCC can be referred to as a specialized form of calcium carbonate that is manufactured and processed to meet the specific quality and purity requirements of the pharmaceutical industry. This segment is subjected to rigorous testing and processing to ensure its suitability for utilization in pharmaceutical formulations and healthcare applications.

Get a glance at the market contribution of various segments View the PDF Sample

The pharmaceutical grade segment was the largest segment and was valued at USD 6.70 billion in 2017. There is an increasing adoption of the pharmaceutical-grade PCC segment as a a calcium supplement in different pharmaceutical and dietary supplement formulations. Additionally, this segment offers a bioavailable source of calcium, which is vital for bone health, nerve function, muscle contraction, and several other physiological processes in the body. Furthermore, there is an extensive use of this segment in antacid formulations to alleviate symptoms of heartburn, acid indigestion, and stomach upset. In addition, this segment plays a major role in adjusting and maintaining the desired pH levels in liquid or semi-solid pharmaceutical preparations,  thereby ensuring the optimal stability and compatibility of the active ingredients. Hence, such applications are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

By Region

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Another region offering significant growth opportunities to market players is APAC. One of the main factors that is significantly contributing to the growth of the market in APAC is the increasing adoption of PCC for various applications. Factors such as the increasing growth of various industries, including building and construction, along with increasing government investments in road and railway transportation development, are fuelling the demand for PCC in the region.

Furthermore, there is a significant increase in both residential and commercial buildings and infrastructure in emerging economies, such as China and India which is positively impacting the market.  For example, under its 14th Five-Year Plan period (2021-2025), China has made the construction industry a key pillar for its economic growth, which is expected to account 6% share of the country's GDP by 2025. Hence, such factors are expected to drive the market in APAC during the forecast period.

Market Dynamics and Customer Landscape

The market is experiencing robust growth, propelled by its widespread usage in the pharmaceuticals, cosmetics, construction, and automotive industries. With an increasing emphasis on health and wellness, PCC finds extensive application in pharmaceuticals for medicines, antacids, and calcium mineral supplements, driving demand in the pharmaceutical industry. Simultaneously, its role in enhancing opacity, brightness, and coating purposes makes it indispensable in the cosmetics sector. Furthermore, the construction and automotive sectors utilize PCC in various applications such as fillers, aggregate, and coatings, benefiting from ongoing infrastructure development and automotive production expansion. Despite challenges like price volatility and the availability of substitutes, the market is buoyed by innovations in mining and transportation of raw materials, as well as a growing awareness of eco-friendly products, driving the adoption of PCC in green applications.

Amidst tightening environmental regulations, market players are increasingly focusing on product quality and consistency to meet regulatory standards and consumer expectations. Investments in research and development are aimed at addressing concerns about health and product consistency, thereby enhancing confidence in PCC usage across industries. Despite the challenges posed by price volatility and the availability of substitutes, innovations in sourcing raw materials and advancements in manufacturing processes are expected to sustain market growth. Overall, the PCC market continues to thrive due to its diverse applications, sustainability focus, and efforts to address regulatory concerns and enhance product quality.

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The market is experiencing significant growth, driven primarily by the importance of precipitated calcium carbonate as a versatile industrial filler. PCC serves as a crucial filler agent and extender mineral across various applications, including paper, plastics, paints, construction, and mining. Its increasing adoption stems from its abundance and affordability compared to alternative filler materials like clay, kaolin, and talc. PCC offers distinct advantages such as superior surface finish, enhanced impact and electric resistance, and precise control over product manufacturing, contributing to its preference over other fillers. Additionally, the rising adoption of PCC in the plastics and automobile industries further propels market growth. As industries seek eco-friendly solutions amidst tight environmental regulations and concerns about product consistency and quality, PCC emerges as a preferred choice, driving its market expansion during the forecast period.

Significant Market Trends

A key factor shaping the market growth is the growing demand from the pharmaceutical industry. The increasing consumption of f PCC in the pharmaceutical and personal care industries is significantly contributing to the growth of the market. The increasing preference for PCC in these industries is due to its versatile properties. Additionally, it is considered non-toxic, according to the Food and Drug Administration (FDA).

Moreover, the growth of the PCC is fuelled by the significant growth of the pharmaceutical and personal care industries. There is an extensive use of PCC in pharmaceutical industries as an ingredient in various calcium formulations, tablets, and syrups. Hence, such factors are positively impacting the market. Therefore, it is expected to drive market growth during the forecast period.

Major Market Challenge

Health hazards are one of the key challenges hindering market growth. The main sources of calcium carbonate are chalk, limestone, and oyster shells. There is an increasing adoption as a supplement for calcium.  However, it is recommended to be used in a limited amount, with the prescription of a health consultant.

Moreover, an overdose can lead to kidney stones and can generate symptoms, including muscle and bone pain, nausea, stomach pain, confusion, headaches, and constipation. Furthermore, a significant increase in consumption can result in coma. Hence, such factors can negatively impact the market, which in turn can hinder the market growth during the forecast period.

Key Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Precipitated Calcium Carbonate Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Blue Mountain Minerals: The company offers precipitated calcium carbonate that is used in the building and construction industry.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

• Cales de Llierca SA
• Carmeuse Coordination Center SA
• Chemical and Mineral Industries Pvt. Ltd.
• FIMATEC Ltd.
• GCCP Resources Ltd.
• Graymont Ltd
• Guangdong Qiangda New Materials Technology Co. Ltd.
• Gulshan Polyols Ltd.
• Imerys S.A.
• Lhoist SA
• Longcliffe Quarries Ltd.
• Minerals Technologies Inc.
• Mississippi Lime Co.
• Nordkalk Corp.
• Okutama Industry Co. Ltd.
• Omya International AG
• SCHAEFER KALK GmbH and Co. KG
• SCR Sibelco NV
• Shiraishi Kogyo Kaisha 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.

Segment Overview

The 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 to 2027. 

• Type Outlook
  • Pharmaceutical grade
  • Industrial grade
• End-user Outlook 
  • Paper
  • Plastic
  • Paint
  • Adhesive and sealant
  • Others
• Geography Outlook 
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • South America
    • Chile
    • Argentina
    • Brazil
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Market Analyst Overview

The market caters to a broad spectrum of industries, from construction activities to cosmetics and pharmaceuticals. As a key additive in various sectors like paper and pulp, plastics, and paints and coatings, it enhances properties such as opacity, smoothness, and printability. Concerns over health and environmental sustainability drive demand for eco-friendly products and green applications. However, challenges such as price volatility and issues with product consistency persist, impacting production costs and competitiveness. Despite hurdles like stalled housing projects and tight environmental regulations, the market thrives due to the availability of substitutes and innovation in surface finishing and coating purposes.

The market serves as a vital component across numerous sectors like paper coating, plastics industry, and adhesives and sealants, acting as a key mineral filler and additive. Its significance extends to healthcare and pharmaceuticals, where it's utilized in medicines and antacids, despite concerns over health implications. With a focus on economic activities and packaging demand, the market experiences fluctuating price volatility due to competitive pressure and price wars. However, its brightness and quality make it indispensable in the cosmetics industry and food industry, particularly in food-grade PCC, ensuring product safety. The market's resilience is evident in its adaptability to changing norms like social distancing and tissue demand, remaining an integral part of various basic materials and manufacturing processes.

The production cost of paper is influenced by various factors within the paper sector, including the availability and pricing of raw materials such as crushed stone and precipitated calcium carbonate (PCC). These materials are essential additives used in papermaking processes, particularly in the manufacturing of writing, printing, and packaging-grade paper. Ground calcium carbonate (GCC) and PCC are commonly employed in the alkaline papermaking process to enhance paper properties. However, challenges related to the consistency and quality of these additives can impact the production process and final product quality. Issues such as price volatility for raw materials and price wars driven by competitive pressures can further exacerbate cost fluctuations for paper manufacturers.

Moreover, the healthcare sector's demand for pharmaceuticals and ointments, which may also rely on PCC for certain applications, can affect the availability and pricing of this additive for the paper industry. Additionally, concerns about health and environmental impacts associated with the use of calcium carbonate additives may influence regulatory standards and production practices, potentially affecting costs and supply chains. Furthermore, alternative investment funds (AIFs) and government initiatives, such as those promoted by the National Investment Promotion & Facilitation Agency, can influence investment patterns and market dynamics within the paper sector, thereby impacting production costs. Overall, the production cost of paper is subject to various factors, including raw material pricing, quality concerns, competitive pressures, and regulatory developments, all of which contribute to the complex landscape of the paper industry.

Precipitated 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 4.75%
Market growth 2023-2027	USD 2.51 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	4.13
Regional analysis	APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution	North America at 36%
Key countries	US, China, India, the UK, and Germany
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Blue Mountain Minerals, Cales de Llierca SA, Carmeuse Coordination Center SA, Chemical and Mineral Industries Pvt. Ltd., FIMATEC Ltd., GCCP Resources Ltd., Graymont Ltd, Guangdong Qiangda New Materials Technology Co. Ltd., Gulshan Polyols Ltd., Imerys S.A., Lhoist SA, Longcliffe Quarries Ltd., Minerals Technologies Inc., Mississippi Lime Co., Nordkalk Corp., Okutama Industry Co. Ltd., Omya International AG, SCHAEFER KALK GmbH and Co. KG, SCR Sibelco NV, and Shiraishi Kogyo Kaisha 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 report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
• Precise estimation of the size of the market size and its contribution to the parent market
• Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
• Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
• Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch