[189+ Pages Report] The latest finding surrounding the “Global Calcium Carbonate Market” published by Facts & Factors offers a neatly packaged and comprehensive read. In this report, the global calcium carbonate market surrounding calcium carbonate is projected to value around USD 60.1 Billion in the year 2026 with a growth rate of 5.5% CAGR from an initial value of USD 42.8 Billion in the year 2020.
Calcium carbonate is a chemical composition-based compound that is based on the formulation of CaCo3 that is found commonly in rocks as the most notable source such as minerals calcite and aragonite. Calcium carbonate is also the main component found within eggshells, snail shells, seashells, and pearls, among others. In the medical world, calcium carbonate is used as a calcium supplement or as an antacid; however, irregular consumption is often deemed hazardous and can often cause hypercalcemia and other forms of digestive issues.
The primary driving forces for the global calcium carbonate market can be attributed to the rising demand from the paper and plastic end-use sector coupled with the usage of the latter in a filler material to name a few. Additionally, rising demand from the sectors of paints and coating and adhesive and sealants industries coupled with rising consumer awareness will increase the footprint of the global calcium carbonate market during the advent of the forecast period. Moreover, rising demand for electric vehicles coupled with increasing demand for cleanliness will boost the growth of the global calcium carbonate market during the advent of the forecast period.
The global calcium carbonate market will be driven by rising demands from the water treatment measures coupled with increased consumer demands in terms of health and wellbeing to name a few. Factors such as increased consumption of dietary supplements coupled with rising instances of calcium deficiencies such as hypocalcemia will fuel the growth of the global calcium carbonate market during the advent of the forecast period. However, various health concerns that can be pertinent to the product will further push the growth of the global calcium carbonate market during the advent of the forecast period.
The global calcium carbonate market is segmented into application and region.
Based on application, the global calcium carbonate market is divided into paper, paints & coatings, plastics, adhesives & sealants, and others. The segment pertaining to paper is expected to witness the largest market share during the advent of the forecast period owing to the integration of calcium carbonate as a filler material in a paper gulp and increased functionality as a coating pigment to name a few. Additionally, the addition of calcium carbonate pertains to increased brightness and opacity of the paper which will cement the dominant market position during the advent of the forecast period. Paintings & coatings are expected to occupy a substantial market share during the forecast period owing to rising application lists such a reducing and enhancing gloss, extender-based properties, and rheology modifier to name a few.
Report Attribute |
Details |
Market Size in 2020 |
USD 42.8 Billion |
Projected Market Size in 2026 |
USD 60.1 Billion |
CAGR Growth Rate |
5.5% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
AGSCO Corp, Carmeuse, Blue Mountain Minerals, GCCP Resources, GLC Minerals LLC, Greer Limestone Company, Gulshan Polyols Ltd, ILC Resources, Imerys, J.M Huber Corp, LafargeHolcium, Midwest Calcium Carbonates, Mineral Technologies, NALC LLC, Omya, The National Lime & Stone Company, and the United States Lime & Material, Inc., among others. |
Key Segment |
By Type, By Application, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Asia-Pacific is expected to witness the largest market share during the advent of the forecast period owing to rising investment measures in the infrastructure development and manufacturing sector coupled with increased demands for cleanliness and hygiene measures to name a few. The rising automotive sector in the region coupled with increased demands for paints and coatings will further increase the footprint of the calcium carbonate market during the advent of the forecast period. North America is expected to witness a substantial market share during the advent of the forecast period owing to the rising sectors from medical, packaging, and DIY kits coupled with rising products in terms of adhesives and paper-based sector to name a few. Moreover, rising collaborations and increasing production capabilities will push the dominant market position of the latter region during the advent of the forecast period.
The key market participants for the global calcium carbonate market are :
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