Press release
Asia Precipitated Calcium Carbonate Market Size, Share, Trends and Outlook 2023-2030
Asia Precipitated Calcium Carbonate Market-DataM Intelligence 4Market Research
Calcium carbonate (CaCO3) is found in rocks as aragonite and the mineral calcite, and it is most abundant as limestone. Precipitated calcium carbonate may be used as a functional addition in sealants, inks, adhesives, plastics, rubber, and paper, among many other demanding applications, because to its many forms.
Download Sample: https://www.datamintelligence.com/download-sample/asia-precipitated-calcium-carbonate-market
Market Drivers: Large storage areas or warehouse requirement
Due to its chemical composition and mining industry extraction, precipitated calcium carbonate needs a large storage space. The precipitated calcium carbonate needs a clean, secure storage space to maintain its homogeneity, shape, size, surface area, and surface chemistry. Thus, safety costs are considerable, hindering market expansion.
Production and inventory management involve storage machines, racks, and equipment. In order to fulfill orders beyond five metric tons, producers need vast storage. Manufacturers must create 5-10 tons of precipitated calcium carbonate, thus they need 2000-5000 tons of capacity to satisfy bulk orders. Thus, handling such inventory and orders demands a large storage room for monthly orders. Powdered precipitated calcium carbonate may also affect the environment. So pack promptly after manufacture to prevent infection. It takes massive equipment to assure safety. These factors slow market development.
Market Segmentation: Asia's plastic market is growing due to the extensive use of PPC in plastic recycling and manufacturing facilities as well as rising plastic consumption in the region. Market for precipitated calcium carbonate
The plastic sector uses precipitated calcium carbonate as a filler ingredient to enhance the mechanical and rheological characteristics of plastic goods. PPC filler material yields a plastic with excellent thermal, flexural, young's, and impact resistance as well as tensile strength and flexural modulus. As a result, plastic recycling and manufacturing facilities throughout Asia employ it extensively. The FICCI estimates that India consumes around 9 kg of plastic items per person. This fact drives the expansion of the PPC market, which is used in the manufacture of plastics. The Plastic Organization in India estimates that the country produced 18,000 million tons of plastic polymers in 2019 as a result of the country's rapidly urbanizing populace and growing disposable incomes.
Market Companies:
Mineral Technology Inc, Omya AG, Imerys, Graymont Limited, Gulshan Polyols Ltd, Shree Narayan Enterprise, Indocal, Chemical & Mineral Industries Pvt. Ltd., Laxmi Mineral & Chemicals, Kunal Calcium Limited.
By Type
• Coated
• Uncoated
By Shape
• Cube
• Prism
• Rhombohedron
• Scalenohedral
• Aragonite
• Others
By Function
• Processing Aids
• Processing Aids
• Impact Modifiers
• Weather-resistant Agent
Others
• By Application
• Roof Panels,
• Wall Panels,
• Insulated Panels,
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa
Geographical Share:
The high demand for PPC from Nepal's packaging, paper and automotive industries allows Nepal to grow at one of the fastest paces in Asia precipitated calcium carbonate market
Nepal is one of the leading importers of precipitated calcium carbonate. Mainly it imports PPC from China, India and South Korea (in small quantities). There are high-quality small calcium carbonate cement mills in Kathmandu that process these PPC for further use. The plastic industry in Nepal is also growing at a fast pace. The country is witnessing a high demand for plastics for various applications in packaging, automotive and other industrial uses.
The increasing use of plastics in these industries for multiple purposes, such as reducing weight in automotive parts and as an insulator in electronic products, along with decreasing costs in packaging and construction, is driving the demand for precipitated calcium carbonate in the country.
Furthermore, the economic growth witnessed in Nepal has increased the use of paper packaging. The majority of imported PPC is consumed to manufacture paper and packaging material has led to an increase in the demand for corrugated packaging solutions.
Recent Developments:
On February 5, 2020, Omya AG formed a joint venture with Idwala Industrial Holdings Ltd. in South Africa as 'Omya Idwala SA,' offering a one-stop-shop experience for their customers and principals. The joint venture provides the company access to high quality and broad portfolio of Calcium Carbonate and Specialty Chemical products.
Related Reports:
Smart Fabric Market- https://www.datamintelligence.com/research-report/smart-fabric-market
Thermal Insulation Material Market- https://www.datamintelligence.com/research-report/thermal-insulation-material-market
Skylight Glass Films Market- https://www.datamintelligence.com/research-report/skylight-glass-films-market
Glass Market- https://www.datamintelligence.com/research-report/glass-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Asia Precipitated Calcium Carbonate Market Size, Share, Trends and Outlook 2023-2030 here
News-ID: 3301849 • Views: …
More Releases from DataM Intelligence 4Market Research
United States Tobacco Testing Market Set for Strong Growth Amid Rising Health Re …
Market Overview:
The Tobacco Testing Market is estimated to reach at a CAGR of 4% during the forecast period 2024-2031.
The Tobacco Testing Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Tobacco Testing market report is an essential resource for market…
United States Refractory Metals Market Set for Strong Growth Driven by High-Temp …
Market Overview:
The Refractory Metals Market is growing at a CAGR of 1.8% during the forecast period 2024-2031.
The Refractory Metals Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Refractory Metals market report is an essential resource for market participants who…
United States Alternative Proteins Market Set for Explosive Growth: Driving Sust …
Market Size and Growth:
The Global Alternative Proteins Market Size was valued at US$ 25.7 Billion in 2022 and is expected to reach USD 81.9 Billion by 2031, exhibiting a CAGR of 15.6% during the forecast period (2025-2032)
The Alternative Proteins Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market…
United States Meat Alternatives Market Surges as Consumers Embrace Plant-Based & …
Market Size and Growth:
The Global Meat Alternatives Market size value was USD 9.6 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 20.8 billion by 2031. The market is growing at a CAGR of 10.2% during the forecast period 2024-2031.
The Meat Alternatives Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
