Global Calcium Carbonate Market Will Surge to USD 37 Billion by 2026

Facts and Factors report "Calcium Carbonate Market By Type (GCC and PCC) and By End-User (Plastic, Adhesive & Sealants, Paper, Paints & Coatings): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global Calcium Carbonate market in 2019 was approximately USD 22 Billion. The market is expected to grow at a CAGR of 7% and is anticipated to reach around USD 37 Billion by 2026.

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The calcium carbonate market is anticipated to grow at a significant rate in the forthcoming time. It has a wide range of applications that are boosting the calcium carbon market. It can be manufactured as well as it can also be found in the natural form the rock type such as limestone. The calcium carbonate is used in the construction industry as a substitute for limestone. However, the reaction between limestone and acid rain is shifting the consumers away from using limestone in the construction. Calcium carbonate is also used for the extraction of sugar from the beet. It also acts as a disinfectant agent in swimming pools.

The growing construction market is anticipated to increase the consumption and application of the paints. The growing application of paint is estimated to propel the calcium carbonate market in the forecasted period owing to the use of calcium carbonate in the paints for the brightening of the color. The use of calcium carbonate in plastic reduces the requirement of petrochemicals and overall energy. Therefore, it reduces the carbon footprints in the air. Moreover, exposure to calcium carbonate causes loss of appetite, nausea, weight loss, muscle pain, etc. Patented technology with a lowering of formulations cost is likely to become a lucrative opportunity for the market.

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According to type the calcium carbonate market is classified in the GCC and PCC category. The GCC (Ground Calcium carbonate) category is likely to have escalated demand due to its less cost and wide range of applications. GCC is used in the paint industry to enhance the brightness of the color owing to its highlight scattering characteristic. Moreover, the end-user of the calcium carbonate market is bifurcated as plastic, adhesive & sealants, paper, and paints & coatings. The demand for calcium carbonate from the paint and coating market is accepted to witness momentous demand in the forecasted period.

According to the region, the market is bifurcated such as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific region is expected to witness decent growth within the forecast period owing to the growth of the end-user industries such as plastic, paints & coatings and paper industries. The easy availability of resources and their economical pricing is attracting foreign investors to invest in the Asia Pacific region. The government's favorable policies are also surging the calcium carbonate market in the Asia Pacific.

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The market leaders of the calcium carbonate industry are Carmeuse, Imerys, Excalibar Minerals LLC, Omya AG, Calcinor SA, Minerals Technologies Inc., Midwest Calcium Carbonate, Huber Engineered Materials, Sibelco, and Mississippi Lime Company.

This report segments the Calcium Carbonate Market as follows:

Global Calcium Carbonate Market: By Type Segmentation Analysis

GCC
PCC

Global Calcium Carbonate Market: By Application Segmentation Analysis

Plastic
Adhesive & Sealants
Paper
Paints & Coatings

Global Calcium Carbonate Market: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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