Future Trends and Competitive Landscape of Calcium Carbonate Market by 2019

The substantial demand for calcium carbonate in the paper industry and its growing application as popular additives is gaining traction in the manufacture of a variety of plastic products. The plastics sector is providing lucrative avenue for the growth of the calcium carbonate market as the compound is preferred as inorganic powder additive in plastic processing. The use of concentrates offers several benefits such as improved productivity, elevated outputs, and in reducing white pollution. In recent years, high density polyethylene films made with the help of calcium carbonate is associated with low carbon footprint of the finished products and significant environmental benefits. In addition, calcium carbonate find various applications as fillers in many pharmaceutical products.

View Report Preview @ https://www.transparencymarketresearch.com/calcium-carbonate-market.html

The burgeoning demand for calcium carbonate in paints and coatings industry and as cement in the building and construction industry is opening up exciting opportunities in developing regions such as Latin America and Asia Pacific. Driven by a number of emerging applications in several end-use industries, the calcium carbonate is projected to rise at a 7.0% CAGR during 2013–2019 and is estimated to reach 112.0 mn tons by the end of the forecast period.

Precipitated Calcium Carbonate (PCC) to Witness Substantial Demand in Paper Industry

Based on the product type, the calcium carbonate market is bifurcated into precipitated calcium carbonate (PCC) and ground calcium carbonate (GCC). Of these, currently the GCC segment holds a substantial market share. However, along the forecast period, GCC is anticipated to witness a decline in demand and the PCC segment is expected to gain share. This is attributed to the potential application of PCC and its pigments in improving paper printability and appearance, in addition to a variety of other applications in making coated papers. The segment is anticipated to reach a valuation of 23.8 mn tons by the end of 2019.

Request to View Sample of Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1478

The major end-use application segments of calcium carbonate market are paper, building and construction, plastic, agriculture, and pharmaceutical. Among these, the paper end-use industry held the major share amounting to 40.4 mn tons in 2016 and is projected to reach 45.9 mn tons by the end of 2019. In addition, the plastics end-use market is projected to rise at the same pace over the forecast period.

Asia Pacific Market to Grow at Bliastering Pace

Geographically, the calcium carbonate market is segmented into Europe, Asia Pacific, North America, and Rest of the World (RoW). Of these the Asia Pacific market for calcium carbonate is projected to hold the dominant share throughout the forecast period. The regional market is projected to garner a whopping share of 50.8% by the end of 2019. The dominance of the market is primarily drive by the easy availability of raw materials. The substantial production of paper to meet the burgeoning demand of educational materials in various countries has translated to an accelerated application of the compound. In addition, extensive demand for calcium carbonate in packaging in the region has catalyzed the market growth.

The RoW market, which includes Latin America and the Middle East and Africa, is projected to rise at the major CAGR over the forecast period. The RoW market is anticipated to account for a share of 6.9% by the end of the forecast period.

North America and Europe are expected to witness a decline in their market share by 1.0% each by the end of 2019. The slump in demand for calcium carbonates in Europe is attributed to slow economic recovery after recession and the closing down of paper mills, while marked volatility in economic conditions in the U.S. is expected to impede the North America market.

Buy Calcium Carbonate Market Research Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=1478<ype=S

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.