28-Feb-2020 | Facts and Factors
Facts and Factors report “Calcium Carbonate Market By Application (Paper, Paints & Coatings, Plastics, Adhesives & Sealants, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” states that the global Calcium Carbonate market in 2020 was approximately USD 42.8 Billion. The market is expected to grow at a CAGR of 5.5% and is anticipated to reach around USD 60.1 Billion by 2026.
The calcium carbonate market is anticipated to grow at a significant rate in the forthcoming time. It has a wide range of applications that are boosting the calcium carbon market. It can be manufactured as well as it can also be found in the natural form of the rock type such as limestone. Calcium carbonate is used in the construction industry as a substitute for limestone. However, the reaction between limestone and acid rain is shifting the consumers away from using limestone in construction. Calcium carbonate is also used for the extraction of sugar from the beet. It also acts as a disinfectant agent in swimming pools.
Browse the full “Calcium Carbonate Market By Application (Paper, Paints & Coatings, Plastics, Adhesives & Sealants, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026" report at https://www.fnfresearch.com/calcium-carbonate-market-report
The growing construction market is anticipated to increase the consumption and application of paints. The growing application of paint is estimated to propel the calcium carbonate market in the forecasted period owing to the use of calcium carbonate in the paints for the brightening of the color. The use of calcium carbonate in plastic reduces the requirement of petrochemicals and overall energy. Therefore, it reduces the carbon footprints in the air. Moreover, exposure to calcium carbonate causes loss of appetite, nausea, weight loss, muscle pain, etc. Patented technology with a lowering of formulations cost is likely to become a lucrative opportunity for the market.
According to type the calcium carbonate market is classified in the GCC and PCC categories. The GCC (Ground Calcium carbonate) category is likely to have escalated demand due to its less cost and wide range of applications. GCC is used in the paint industry to enhance the brightness of the color owing to its highlight scattering characteristic. Moreover, the end-user of the calcium carbonate market is bifurcated as plastic, adhesive & sealants, paper, and paints & coatings. The demand for calcium carbonate from the paint and coating market is accepted to witness momentous demand in the forecasted period.
According to the region, the market is bifurcated such as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific region is expected to witness decent growth within the forecast period owing to the growth of the end-user industries such as plastic, paints & coatings, and paper industries. The easy availability of resources and their economic pricing is attracting foreign investors to invest in the Asia Pacific region. The government's favorable policies are also surging the calcium carbonate market in the Asia Pacific.
Top Market Players
The key market participants for the global calcium carbonate market are 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 United States Lime & Material, Inc., among others.
This report segments the Calcium Carbonate Market as follows:
Global Calcium Carbonate Market: By Application Segment Analysis
Global Calcium Carbonate Market: Regional Segmentation Analysis
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