Press release
Calcium Carbonate Market, Size, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2031 | ILC Resources, Imerys, J.M. Huber Corp.
The Calcium Carbonate Market size is expected to reach US$ 70.40 Billion by 2031, from US$ 46.40 Billion in 2024, growing at a CAGR of 6.1% during the forecast period. Calcium carbonate is a chemical compound with the formula CaCO3. It is a common substance found in rocks as the minerals calcite and aragonite (most notably as limestone, which is a type of sedimentary rock consisting mainly of calcite) and is the main component of shells of marine organisms, snails, coins, and eggshells.Market Overview:
Calcium carbonate is a chemical compound with wide applications across various end-use industries like paper, paints & coatings, plastics, building & construction, adhesives & sealants among others. It is used as a filler material, coating agent, reagent, thickening agent and pigment.
Market Dynamics:
Calcium carbonate market is expected to witness significant growth over the forecast period owing to increasing demand from paper industry and growth in construction activities. The paper industry accounts for over 40% of the global calcium carbonate consumption. Calcium carbonate is extensively used as filler material in the paper industry due to its opacity and brightness enhancing properties. Additionally, recovery in the construction industry is also driving the demand for calcium carbonate as it is used in cement, mortars and other construction materials. Furthermore, increasing usage of calcium carbonate in plastic and paints & coating industries is further fueling the market growth.
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Increasing Demand from Construction Industry
The construction industry has been a major end user of calcium carbonate, accounting for over 50% of global demand. Calcium carbonate finds widespread application in construction materials such as cement, concrete, mortars, plasters, and stuccos owing to its high alkalinity resistance. The widespread demolition and reconstruction activities all over the world, particularly in developing nations is expected to drive the demand for construction materials, thus positively impacting the calcium carbonate market. Furthermore, steady growth of the infrastructure sector driven by government investments in rail and road networks, dams, bridges etc. is fueling the construction of new commercial and industrial buildings, thereby augmenting calcium carbonate consumption.
Rising Usage in the Paper Industry
Calcium carbonate is extensively used as a filler material and coating agent in the paper industry. It helps to improve opacity, brightness and whiteness of paper. Additionally, it enhances printing quality and surface properties. Mounting paper production across the globe on account of sustained growth in publication and printing activities is driving calcium carbonate consumption. Asia Pacific currently dominates the global paper industry and rapid industrialization along with urbanization is propelling paper demand in the region. This in turn is expected to drive the demand for calcium carbonate used in the papermaking process during the forecast period.
Calcium Carbonate Market Opportunity:Increasing Demand from Pharmaceutical Industry
Calcium carbonate has wide application in the pharmaceutical industry. It is primarily used as an inactive ingredient in pharmaceutical formulations to impart bulk, enhance flow properties, act as a lubricant in tablet production and stabilize pH levels. The pharmaceutical sector has been gaining traction worldwide on account of increasing healthcare expenditures, growing chronic disease burden and rising access to medical insurance. Emerging economies with large patient pools such as India and China are witnessing rapid expansion of their domestic pharmaceutical industries which in turn is providing lucrative opportunities for calcium carbonate suppliers. Additionally, increased R&D efforts towards developing new drug molecules will further augment calcium carbonate consumption from the pharmaceutical sector in the coming years.
Worldwide major and leading players within the market are:
★ ILC Resources
★ Imerys
★ J.M. Huber Corp.
★ LafargeHolcim
★ Midwest Calcium Carbonates
★ Mineral Technologies
★ Mississippi Lime
★ Mountain Materials Inc.
★ Omya
★ Parchem Fine & Specialty Chemicals
★ The National Lime & Stone Company
★ United States Lime & Minerals Inc.
★ AGSCO Corp.
★ Carmeuse
★ Blue Mountain Minerals
★ Carmeuse Lime & Stone Company
★ GCCP Resources
★ GLC Minerals LLC
★ Greer Limestone Company
★ Gulshan Polyols Ltd.
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Segmental Overview
Calcium Carbonate Market segmentation offers an in-depth analysis of the various segments of the market, including application, type, end use, and region. The segmentation overview section offers crucial information about the market share, sales, and growth rate for each of the segments over the forecast period. Moreover, an examination of the relative multitude of significant sub-portions in the market has been canvassed in the report.Having a knowledge about the various segments and sub-segments helps businesses recognize the importance of factors that drive industry growth.
The titled segments and sub-section of the Calcium Carbonate market are illuminated below:
Global Calcium Carbonate Market, By Product Type:
★ By Type: Ground Calcium Carbonate, Precipitated Calcium Carbonate, Calcium Carbonate Market
Global Calcium Carbonate Market, By Applications:
★ By Application: Automotive, Building Construction, Pharmaceutical, Agriculture, Pulp & Paper, Others
Regional Analysis for Calcium Carbonate Market:
📍 North America (United States, Canada, and Mexico)
📍 Europe (Germany, France, UK, Russia, and Italy)
📍 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
📍 South America (Brazil, Argentina, Colombia, etc.)
📍 The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Highlights of the Report
Offers a comprehensive and holistic analysis of the Calcium Carbonate Market.
Evaluates the competitive environments, covering partnerships, joint ventures, acquisitions, and organic growth.
Provides forecast information related to every region and sub-region of the Calcium Carbonate market.
Includes information on the key opportunities and challenges faced by key industry players worldwide.
Covers the Calcium Carbonate market's current and future market outlook on industry drivers, market restraints, and regional constraints.
The report answers a number of crucial questions, including:
➥ Which companies dominate the global Calcium Carbonate market?
➥ What current trends will influence the Calcium Carbonate market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular Calcium Carbonate market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?
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