27-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Global Calcite Market By Type (Ground Calcium Carbonate and Precipitated Calcium Carbonate), By Application (Paper, Paints & Coatings, Construction, Plastics, Adhesives & Sealants, and Others), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Calcite market in 2019 was approximately USD 12 Billion. The market is expected to grow at a CAGR of 6% and is anticipated to reach around USD 18.1 Billion by 2026.
Calcite is a stable polymorph of calcium carbonate. This carbonate mineral is found in various minerals such as aragonite, chalk, pure calcite, vaterite, marble, limestone, and travertine. It is widely used as filler, additive and also to enhance the opacity, whiteness, printability of the paper. Furthermore, its easy availability and low cost make it the most preferred choice among the paper, pharmaceutical, plastics, and other industries.
Browse the full “Global Calcite Market By Type (Ground Calcium Carbonate and Precipitated Calcium Carbonate), By Application (Paper, Paints & Coatings, Construction, Plastics, Adhesives & Sealants, and Others), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/global-calcite-market-by-type-ground-calcium-carbonate-956
The growth of the Calcite market is attributed to the increasing demand for it in the paper, plastics, construction, pharmaceutical, agricultural, and other industries. Additionally, the cost-effectiveness, easy availability, and technological development in the manufacturing unit are expected to drive the growth of the market during the forecast period. The advancements in the infrastructural, real estate and automotive sector surges the use of paints, coatings, and sealants containing calcite, thereby surging the growth of the global Calcite market. Moreover, the increasing use of calcite as filler material and additive by end-user industries are expected to clutch the market share in calcite demand throughout the forecast period.
Market Segment Dominance:
The ground calcium carbonate is anticipated to lead the global Calcite market owing to the increasing demand as a filler material in the paper industry. Apart from this, the low cost of ground calcium carbonate is the reason propelling its sales across the world, thereby boosting the market growth.
The global calcite market is expected to exhibit significant growth owing to the expanding paper industry. The application of calcite in the paper is surging owing to its function of enhancing printability, opacity, brightness, printability, and whiteness of the paper.
Asia Pacific is projected to dominate the global Calcite market during the forecast period. The increasing demand for calcite in the paper and plastics industry and the technological advancement in the calcite manufacturing industry is anticipated to boost the growth of the Calcite market. Additionally, the presence of cheap labor, easy availability of sources, and low prices is fuelling the growth of the market in the region.
Key Market Players:
Some of the key market players of the global Calcite market include Omya AG, Imerys S.A., Wolkem India Ltd., Huber Engineered Materials, Minerals Technologies Inc., Nordkalk Corporation, Gulshan Polyols Ltd., and Sibelco.
This report segments the global Calcite market as follows:
Global Calcite Market: Type Segmentation Analysis
Global Calcite Market: Application Segmentation Analysis
Global Calcite Market: Regional Segmentation Analysis
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