Calcium Carbonate Market to Hit USD 75.29 Billion by 2032, Driven by Industrial Surge

► Calcium Carbonate Market Set to Reach USD 75.29 Billion by 2032, Driven by Construction and Industrial Demand
The global calcium carbonate market is poised for significant growth, projected to expand from USD 48.69 billion in 2024 to USD 75.29 billion by 2032, registering a CAGR of 5.6% during the forecast period. This growth is fueled by increasing demand across construction, paper, plastics, and healthcare sectors.

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► Competitive Landscape
The market is characterized by the presence of key players such as Imerys (France) and Omya AG (Switzerland), with revenues of USD 4.49 billion and USD 1.05 billion respectively. These companies are focusing on strategic initiatives like mergers and acquisitions, product innovations, and capacity expansions to strengthen their market positions.

► Regional Insights
• Growth and Consolidation in the United States
In August 2022, Cimbar Resources Inc. acquired the calcium carbonate manufacturing assets of Imerys Carbonate Inc. in Arizona, enhancing its product offerings and expanding its geographic footprint. Additionally, in April 2022, Imerys launched a new calcium carbonate production facility in Sylacauga, North America, as part of a three-year plan to meet the increasing demand for ground calcium carbonate (GCC) products.

• Opportunities and Trends in Asia Pacific
Asia Pacific dominated the global calcium carbonate market in 2023, accounting for approximately 45% of total revenue. In April 2023, Omya India announced a USD 25 million investment to enhance its manufacturing facility in Gujarat, aiming to boost production capacity and operational efficiencies. Furthermore, in April 2023, Mineral Technologies Inc. signed long-term agreements to supply precipitated calcium carbonate (PCC) in China and India, including the construction of PCC plants, increasing annual production by over 180,000 metric tons.

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• Trends and Updation in Europe
Europe held a substantial share in the global calcium carbonate market, driven by demand from automotive, construction, and paper industries. The region's emphasis on environmental regulations and sustainable practices contributes to market growth. In May 2020, Mineral Technologies signed an agreement with Satia Industries Ltd. to build a 42 kiloton per annum satellite PCC plant in Punjab, India, enhancing the opacity, bulk, and brightness of paper.

• Growth and Opportunity in the Middle East and Africa
The Middle East & Africa region is expected to exhibit moderate growth, primarily driven by construction and infrastructure development activities in countries such as the GCC, UAE, and South Africa. In February 2024, a groundbreaking ceremony was held for a 200,000MT coated calcium carbonate factory in Lampese, Akoko Edo Local Government Area, Edo State, Nigeria, marking a significant step in the region's industrialization efforts.

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► Market Segmentation: In-Depth Analysis:

• by Product Type

Ground Calcium Carbonate
Precipitated Calcium Carbonate

The market is divided into two segments: precipitated calcium carbonate and ground calcium carbonate. Although the chemical formulas of ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC) are the same, their production methods, characteristics, and final applications are different. GCC is created by mechanically grinding limestone and then classifying it according to the necessary dimensions. The method doesn't entail any chemical changes. During the projected period, the Ground Calcium Carbonate (GCC) segment is anticipated to rise at a compound annual growth rate (CAGR). For stiffness and abrasion resistance, ground calcium carbonate is added to rubber and rubber-derived goods.

• by Application

Paper & pulp
Plastic
Paint
Rubber
Adhesives & Sealants
Building & Construction
Others

Paper & pulp, Plastic, Paint, Rubber, Adhesives & Sealants, Building & Construction, and Others are the sub-segments of the market based on application. With over half of all sales in 2024, paper was the most popular application segment. In paper pulp, calcium carbonate is utilized as a coating pigment or as a filler. Its presence enhances the opacity and brightness of the paper. The internet affected the print media industry, but it had less effect on the need for paper for other applications, like tissue and packaging paper.

• by Sales Channel

Direct Sale
Indirect Sale

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► Learn about the top players driving innovation in the Market :

1. Huber Engineered Materials
2. Fujian Snamu Nano Calcium Carbonate Co Ltd.
3. Graymont Ltd.
4. Mississippi Lime Company
5. Imerys Mineral Ltd.
6. Omya GmBH
7. Changzhou Calcium Carbonate Ltd.
8. Jiawei Chemical
9. Shiraishi Kogyo Kaisha Ltd.
10.Schaefer Kalk Sdn Bhd
11.Mineral Technologies Inc.
12.United Mining Investments Co.
13.Yuncheng Chemical Industrial CO., Ltd.
14.Zhejiang Jiande Longhua plastics Ltd.
15.MARUA CALCIUM CO., LTD.
16.GLC Minerals, LLC
17.Calchem

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