Calcium Carbonate Market
Calcium Carbonate Market Study by Ground and Precipitated Type for Adhesives & Sealants, Paints & Coatings, Plastics & Composites, Rubber & Elastomers, Glass & Ceramics, and Others from 2024 to 2034
Analysis of Calcium Carbonate Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Calcium Carbonate Market Outlook (2024 to 2034)
Based on the analysis by Fact.MR, the global calcium carbonate market size is estimated to reach US$ 27.54 billion in 2024 and further rise at 6.4% CAGR to climb to US$ 51.21 billion by the end of 2034.
Increasing requirements for paper in several products used in maintaining hygiene, including packaging, are driving the use of calcium carbonate. There are several industries, including paper manufacturing, adhesives & sealants, paints & coatings, etc., which account for substantial consumption of calcium carbonate.
Growing use of calcium carbonate in the production of calcium citrate, which is utilized as a food additive, an acidifier, a flavoring agent, and a preservative is also driving opportunities for market players. Dietary supplements, pharmaceuticals, cosmetics, and cleaning agents are some other prominent applications of calcium carbonate. Further, it also finds applications to adjust the pH level of water with the use of a neutralization procedure. With the increasing population, the demand for calcium carbonate is also experienced as one of the water-treating ingredients.
- Worldwide demand for calcium carbonate for pharmaceutical use is projected to increase at 6.1% CAGR and reach a value of US$ 12.75 billion by the end of 2034.
- East Asia is anticipated to account for 24.6% of the calcium carbonate market share by 2034.
- Demand for calcium carbonate in South Korea is evaluated to increase at a CAGR of 7.7% from 2024 to 2034.
Medical specialty sheets, corrugated packaging, food packaging, and hygiene paper products are some of the new applications of calcium carbonate, which are contributing to its demand, and therefore increasing the profit share of the market players. Moreover, the growing use of this material in the production of ceramic materials and concrete is also contributing to the expansion of the calcium carbonate market size.
| Report Attributes | Details |
|---|---|
| Calcium Carbonate Market Size (2024E) | US$ 27.54 Billion |
| Forecasted Market Value (2034F) | US$ 51.21 Billion |
| Global Market Growth Rate (2024 to 2034) | 6.4% CAGR |
| Market Share of Precipitated Segment (2034F) | 69.2% |
| Japan Market Growth Rate (2024 to 2034) | 5.1% CAGR |
| North America Market Share (2034F) | 17.5% |
| Key Companies Profiled |
|
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What are the Market Dynamics Benefiting Calcium Carbonate Producers?
“Extensive Use of Calcium Carbonate in Several Industries”
Consumption of calcium carbonate is increasing with the development of global infrastructure. In addition, and expansion of the automotive industry is leading to the requirement for calcium carbonate as one of the prominent raw materials. In addition, the growing use of this material in polymers, nanowires, and coat metals is estimated to positively impact the calcium carbonate market trends. Nanoparticles of calcium carbonate are used for possible imaging, drug delivery loading of certain hydrophilic protein medicines, and catalytic reasons.
Increasing adoption of some sustainable construction approaches as one of the habitat solutions is leading to the preference for calcium carbonate. The easy availability of calcium carbonate as one of the popular substitute additives, such as wood pulp, etc. is widening its application scope.
What is Adversely Impacting Demand Growth for Calcium Carbonate?
“Higher Transportation Charges Increasing Final Cost of Calcium Carbonate”
For supply reliability, an effective logistic system is crucial, which enables rapid transportation of calcium carbonate from the production site to respective locations. The cost of calcium carbonate transportation is comparatively high and also increasing regularly, which is anticipated to ultimately increase the prices of end products.
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Which Strategies are Startups Incorporating to Drive Their Position in the Market?
“Conducting Studies to Identify Potential Applications of Calcium Carbonate”
Aspiring players are estimated to invest in identifying the new application areas of nano calcium carbonate. Various researchers are attracted to find its applications, especially therapeutic. Materials based on calcium carbonate have biocompatible and biodegradable properties, which are considered ideal as the carriers of enzymes, drugs, and genes. Investment by new players in such research activities is projected to contribute to the calcium carbonate market growth.
Country-wise Insights
As mentioned in the study by Fact.MR, a market research and competitive intelligence provider, East Asia is expected to account for a 24.6% share of the global market by the end of 2034. The rising use of calcium carbonate in injection molded items, sheets, and films assists in improving impact resistance, heat transfer, elongation, and product stiffness. These features are projected to help in minimizing the overall formulation cost of products.
Why are Suppliers of Calcium Carbonate Targeting the United States?
“Growing Use of Calcium Carbonate in Several Industries”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 3.32 Billion |
| Growth Rate (2024 to 2034) | 7.1% CAGR |
| Projected Value (2034F) | US$ 6.59 Billion |
The United States is projected to hold 73.5% share of the market in North America by the end of 2034. Increasing production of paper in the United States is anticipated to generate demand for calcium carbonate in the country. In addition, the rising demand for calcium carbonate from numerous industries, including paper manufacturing, adhesives & sealants, paints & coatings, soaps, etc. is widening the scope for market players.
Which East Asian Country Accounts for High Revenue Generation?
“Significant Share of China in East Asian Market”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 4.01 Billion |
| Growth Rate (2024 to 2034) | 6.1% CAGR |
| Projected Value (2034F) | US$ 7.22 Billion |
China is expected to contribute a share of 57.3% of the East Asian market by the end of 2034. Substantial growth of the market in China is attributed to the increasing requirements for calcium carbonate from numerous end-use industries, including plastics, paints & coatings, adhesives & sealants, and paper.
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Category-wise Insights
The rising use of precipitated calcium carbonate is attributed to its easy availability in numerous sizes for use in several end-use industries. In addition, economic prices are also leading to the growing preference for calcium carbonate.
Which Type of Calcium Carbonate is Widely Consumed?
“Growing Use of Precipitated Calcium Carbonate Die to Cost-efficiency and Availability in Multiple Sizes”
| Attribute | Precipitated |
|---|---|
| Segment Value (2024E) | US$ 19.08 Billion |
| Growth Rate (2024 to 2034) | 6.4% CAGR |
| Projected Value (2034F) | US$ 35.44 Billion |
Precipitated type of calcium carbonate is anticipated to account for 69.2% share of the global market by 2034-end. This substance finds applications in various industries owing to its availability in various sizes and crystal morphologies, which are adjusted for performance improvement in a specific application. Pharmaceuticals, PVC/plastics, pharmaceuticals, paints, thermal & electrical insulators, rubbers, etc., are some of the prominent applications of calcium carbonate. Furthermore, it is also utilized as a substitute for wood pulp and additives for the production of high-quality paper and paperboard owing to its cost-efficiency.
What’s Responsible for High Use of Calcium Carbonate in Pharmaceuticals?
“Preference for Calcium Carbonate in Pharmaceuticals Die to its Excellent Features”
| Attribute | Pharmaceuticals |
|---|---|
| Segment Value (2024E) | US$ 7.05 Billion |
| Growth Rate (2024 to 2034) | 6.1% CAGR |
| Projected Value (2034F) | US$ 12.75 Billion |
The pharmaceutical sector is approximated to account for 24.9% of global market revenue by the end of 2034. Cost-effectiveness and high surface area of calcium carbonate are contributing to the rising adoption in the pharmaceutical industry. In addition, biodegradability, biocompatibility, and excellent safety of calcium carbonate are driving its demand in some solid pharmaceutical dosage forms, including diluent, etc.
Competitive Landscape
Key suppliers of calcium carbonate are investing in new product development, management of their supply chain systems, and offering quality products. In addition, they are focusing on increasing their production capacity to match increasing product demand. They are trying to enter into new markets with acquisitions, mergers, etc.
For instance :
- Cimbar, in August 2022, announced the completion of calcium carbonate operations of Imerys. The Sahuarita manufacturing site of the latter is estimated to help in the expansion of Cimber’s product portfolio.
Key players in the calcium carbonate market are Omya AG, Greer Limestone Company, Longcliffe Quarries Ltd., Carmeuse, Imerys, Mineral Technologies Inc., GLC Minerals Inc., Huber Engineered Materials, Midwest Calcium Carbonates, Sibelco, Excalibar Minerals, and Calcinor SA.
Segmentation of Calcium Carbonate Market Research
-
By Type :
- Ground
- Precipitated
-
By End-use Industry :
- Adhesives & Sealants
- Paints & Surface Coatings
- Plastics & Composites
- Rubber & Elastomers
- Glass & Ceramics
- Construction & Architecture
- Paper & Pulp
- Agriculture & Agronomy
-
By Application :
- Food
- Beverages
- Dietary Supplements
- Pharmaceuticals
- Manufacturing
- Mining & Mineral Processing
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
- FAQs -
How big is the calcium carbonate market size in 2024?
The global calcium carbonate market is calculated at US$ 27.54 billion in 2024.
What is the demand outlook for calcium carbonate for 2034?
Revenue from calcium carbonate sales is projected to reach US$ 51.21 billion by 2034.
What is the projected CAGR for the global market from 2024 to 2034?
The global market is forecasted to expand at a CAGR of 6.4% from 2024 to 2034.
How much share of the global market is anticipated to be held by East Asia?
East Asia is anticipated to account for 24.6% share of the global market by the end of 2034.
What is the demand projection for calcium carbonate in South Korea?
The market in South Korea is projected to increase at a 7.7% CAGR from 2024 to 2034.
What is the contribution of precipitated calcium carbonate to global market revenue?
Precipitated calcium carbonate is expected to enjoy a market share of 69.2% by the end of 2034.
Calcium Carbonate Market