CALCIUM CARBONATE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Calcium carbonate is a chalky white inorganic compound composed of calcium, carbon, and oxygen. It occurs naturally in minerals such as limestone and marble which are widely occurring in nature. Calcium carbonate has wide applications across various end use industries such as paper, plastic, paint industries etc. It is primarily used as filler material and pigment. The exceptional properties of calcium carbonate such as brightness, chemical inertness and abundance has rendered it an essential industrial mineral. The global calcium carbonate market is expected to witness steady growth on account of rising consumption from end use industries worldwide. Calcium carbonate shares the rare property of being less soluble in water as the temperature increases. The largest uses of calcium carbonate are in construction, to make cement and concrete, and in the packaging and paper industries.
Market Dynamics:
The calcium carbonate market is anticipated to grow at a steady pace over the forecast period. The growing paper industry is a key factor driving the demand for calcium carbonate as it is extensively used as a filler and coating material in paper manufacturing. Expanding plastic industry is another major demand creator as calcium carbonate is extensively used as a filler in plastic production. Rise in construction activities and development of infrastructure has bolstered the consumption of paints and coatings which in turn has supplemented the demand for calcium carbonate from this industry. However, availability of substitutes such as kaolin and aluminum silicate and stringent environmental regulations pertaining to mining activities are expected to hamper the market growth. On the other hand, growing number of research for development of specialty grades of calcium carbonate is likely to present new avenues over the coming years.
Key features of the study:
- This report provides an in-depth analysis of the global calcium carbonate market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global calcium carbonate market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study 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.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global calcium carbonate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Calcium Carbonate Market Segmentation:
Table of Contents
*Browse 24 market data tables and 28 figures on “Calcium Carbonate Market” - Global forecast to 2031.
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