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What's Driving The Calcium Carbonate Market Growth? | GLC Minerals, Minerals Technologies, Maruo Calcium, Shiraishi Kogyo Kaisha, Mississippi Lime, Huber Engineered Materials, Imerys., Okutama Kogyo, and Omya

07-02-2019 07:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights

Calcium Carbonate Market

Calcium Carbonate Market

Calcium Carbonate Market size is predicted to rise from 2019 to 2025 owing to its growing demand in the production of cement, motor, decarbonizing, deoxidizing & desulfurizing agent, aluminum alloys, and as building material owing to low solubility in water, and high melting point. These products are employed in oil, health, paper, food industry, environment and household products, which should increase calcium carbonate market size.

Calcium carbonate is a common substance usually found in snails, marine shellsorganisms & eggs, and is routinely obtained by grinding limestone. It occurs as dolomite, aragonite and calcite as major constituents of their production cycle. A vast amount of carbonate minerals are formed by quarrying and mining. It is found in different forms of rock types such as travertine, limestone, tufa, chalk and marble.

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Calcium carbonate holds significant applications in food & beverages, agro-chemical, pharmaceutical, cosmetics & personal care, in neutralization process and household products. Increasing demand for treated and clean drinking water is likely to propel use of CaCO3 as a water-treating agent on account of its property to adjust the pH of untreated water. Global water neutralizer market size is expected to surpass USD 14.5 billion by 2025 owing to increasing demand of clean water in food & beverage, pharmaceutical industry, and households, which should increase calcium carbonate market growth.

By Product, 2014-2025 (Kilo Tons) (USD Million)
• Ground Calcium Carbonate
• Precipitated Calcium Carbonate

By Application, 2014-2025 (Kilo Tons) (USD Million)
• Dietary supplements
• Additive for Thermoplastics
• Desulfurization of Fuel Gas
• Component of Adhesives
• Water treatment
• Others

By End-Use, 2014-2025 (Kilo Tons) (USD Million)
• Paper
• Automotive
• Pharmaceuticals
• Plastics
• Paints & coating
• Construction
• Agriculture
• Others

Calcium carbonate market demand is booming due to its increased use in oil, paper, pharmaceutical, food, health, oil, and chemical industry. Global oil and gas market demand is likely to surpass USD 115 million barrels per day in the forecasted timeframe owing to its increasing demand in commercial and domestic segment. CaCO3 is the most common component used to avoid hazards in oilfield operations, thereby stimulating market growth.

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Asia Pacific, led by India, Japan, and South Korea and China calcium carbonate industry demand is likely to grow in 2025 owing to their increasing demand in the paper, plastic, pulp, construction and automotive industry. Rising demand from rubber and plastic industries would propel precipitated and ground calcium carbonate market growth over the forecasted period. India paper goods market demand is predicted to surpass 23.5 million tons by 2025 owing to increasing literacy rate and population growth, thereby elevating market size.

Company Profiles:

• Calchem Industries Ltd
• Omya AG
• Minerals Technologies Inc.
• 3M
• Huber Engineered Materials
• Arkema Grou
• Calcinor SA
• Calcit d.o.o.
• Midwest Calcium Carbonates
• Mississippi Lime Company
• Carmeuse
• Excalibar Minerals LLC
• Shiraishi Kogyo Kaisha Ltd

North America led by Canada, Mexico and the U.S. calcium carbonate market value is likely to grow in the forecasted period on account of strong construction segment outlook with average investments. It is used in industrial settings to neutralize acidic conditions in both soil and water on account of its antacid properties. U.S. construction market size is likely to surpass USD 1,800 billion by 2025 owing to investments made by U.S. government in networking, and strong economic conditions, which should boost product demand.

Calcium carbonate market share is moderately competitive and fragmented. Major players are GLC Minerals, Minerals Technologies, Maruo Calcium, Shiraishi Kogyo Kaisha, Mississippi Lime, Huber Engineered Materials, Imerys., Okutama Kogyo, and Omya. These companies have established on-site production facilities to source high-quality precipitated calcium carbonate to paper mills, investing on R&D to drive market growth.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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