Global Calcium Carbonate Market will expand at a 7.0% CAGR between 2013 and 2019
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On the basis of product type, the market is segmented into ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). The rising set of applications of GCC in traditional end-use industries such as pulp and paper, plastics, paints and coatings, and several non-traditional areas is driving the demand from this market segment. Over the report’s forecast period, the market for GCC is expected to expand at a 2.90% CAGR. The market for PCC is expected to expand at a 3.90% CAGR over the report’s forecast period.
On the basis of application area, the global calcium carbonate market is segmented into finds paper, plastic, agriculture, building and construction, and pharmaceutical.On the basis of geography, the market is segmented into Asia Pacific, Europe, North America, and Rest of the World. In 2012, Asia Pacific held the leading position by accounting for a share of nearly 49% in the global calcium carbonate market. Over the report’s forecast period as well, Asia Pacific is expected to expand at a healthy 4.4% CAGR, lower only than the Rest of the World, which is likely to expand at a 4.5% CAGR. The growth for the calcium carbonate market in Asia Pacific will be owing to the rapid industrial expansion in countries such as India and China. The demand for specialty papers such as tissue paper and packaging paper has continuously increased in Asia Pacific in the past few years owing to the rise in awareness about personal hygiene and changing lifestyles.
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Europe, the second largest regional market for calcium carbonate in 2012, accounted for a share of 23.7% in the global market, followed by North America, which accounted for a share of 20.7% in the global market. Closure and restructuring of several paper mills in these regions will lead to a sluggish demand for calcium carbonate over the report’s forecast period.
Some of the major companies operating in the global calcium carbonate market are Huber Engineered Materials, Maruo Calcium Co. Ltd., Great Lakes Calcium Corp., Excalibar Minerals, Okutama Kogyo Co.Ltd., Mississippi Lime Co., Imerys, Solvay S.A., Omya Ag, Shiraishi Kogyo Kaisha Ltd., Schaefer Kalk GMBH & Co. KG, and Minerals Technologies Inc.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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