Press release
Global Server Vaterite Market Surges as Demand Rises in Drug Delivery, Cosmetics, and Advanced Material Research
Vaterite Market SizeThe Global Vaterite Market was valued at US$ 146.08 million in 2023 and is anticipated to reach US$ 199.50 million by 2030, witnessing a CAGR of 4.13% during the forecast period 2024-2030.
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North American market for Vaterite, Calcite, and Aragonite is estimated to increase from $ 1,465.05 million in 2023 to reach $ 2,255.95 million by 2030, at a CAGR of 6.39% during the forecast period of 2024 through 2030.
Vaterite Market Share
The major global manufacturers of Vaterite, Calcite, and Aragonite include Omya, Imerys, Minerals Technologies, Guangyuan Group, Huber Engineered Materials, Carmeuse, Kelong Micro-powder, Esen Mikronize Maden, Wolkem, Graymont, Mississippi Lime, Sibelco, etc. in 2023, the world's top three vendors accounted for approximately 36% of the revenue.
Vaterite Market Trends
Increasing production of paper and paperboard, driven by the rise in packaging materials and printing applications, fuels calcite demand as a filler and coating pigment. The expanding automotive and consumer goods markets increase the use of calcite in plastics and rubber products, where it improves mechanical properties and reduces costs.
With a rising focus on sustainable and eco-friendly materials, Vaterite, Calcite, and Aragonite's natural origin and non-toxic properties make it an attractive option for manufacturers looking to meet environmental regulations and consumer preferences.
By Type
• Natural Vaterite
• Synthetic Vaterite
By Application
• Paper and Pulp
• Personal Care
• Pharmaceuticals
Key Companies
Solvay, Minerals Technologies, Conia Minerals & Marbles, Calspar India, Omya, Weinrich Minerals, Naturalcalcitepowder, Carmeuse
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Vaterite is also known as mu-calcium carbonate which has a JCPDS number 13-192. Vaterite belongs to the hexagonal crystal system. Vaterite is considered as the polymorph modification of calcium carbonate which is considered to be the least stable among others.
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