Analysis of Calcium Carbonate Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The Calcium Carbonate market is estimated at US$ 25 Billion in 2022 and is projected to reach at a valuation of US$ 49.2 Billion by 2032, expanding at a CAGR of 6.4% during 2022-2032.
Through plastic and composites end use, the calcium carbonate market is projected to witness highest revenue.
Global Market Size in 2022
US$ 25 Billion
Global Market Forecast Value (2032)
US$ 49.2 Billion
Global Market CAGR (2022-2032)
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As per latest industry analysis by Fact.MR, a market research and competitive intelligence provider, global calcium carbonate consumption over the past half-decade increased at a CAGR of around 6.3%.
Calcium carbonate is a key raw ingredient in the production of paper and products. An example of slow digital transition in Asia-Pacific is that there are increasing demands for paper. As a result of the growing financial status in developing nations, paper packaging has seen a rise due to the influence of paper.
China, India, and countries in Southeast and Southasia are the largest paper users around the world. In addition to e-commerce development in India and China, there is also an increasing number of parcel shipments originating in those aforementioned countries.
The most recent worldwide trend is the rising usage of calcium carbonate nanoparticles in the pharmaceutical, plastic, and rubber sectors. Calcium carbonate is a frequent kaolin substitute in the paper industry.
Calcium carbonate is a naturally occurring chemical compound with the molecular formula CaCO3. Calcium carbonate accounts up more than 4% of the earth's crust. Aragonite, calcite, and dolomite are the three natural forms of calcium carbonate.
Marble, limestone, and chalk are additional prevalent natural forms of calcium carbonate that are created over millions of years by the sedimentation of fossilized coral, oyster, and snail shells. These three forms are chemically equivalent, yet they differ in whiteness, thickness, purity, and homogeneity.
Due to its diverse uses, calcium carbonate is one of the most versatile and strong materials. Mining and quarrying can provide calcium carbonate for industrial usage. For medicinal and culinary use, a pure form of calcium carbonate is necessary, and it can be made from a pure quarry source such as marble.
Different commercial varieties of calcium carbonate are now being created to fulfill various technological demands by optimizing attributes such as fineness, color, and particle size distribution.
Calcium carbonate consumption is increasing as the global infrastructure develops. The growth of the automobile industry has increased the need for calcium carbonate as a raw material.
Since calcium carbonate nanoparticles are used to coat metals, polymers, and nanowires, the market for calcium carbonate is rising. They are also employed for catalytic reasons, possible imaging, and drug delivery loading of hydrophilic protein medicines.
The market expansion can be aided by the global adoption of sustainable construction approaches as habitat solutions. The market for diverse forms of calcium carbonate has grown because of innovative production processes.
Due to its availability calcium carbonate is used as a substitute for various additives including wood pulp. The use of alkaline-based process technologies is increasing, which is driving up calcium carbonate demand. It also helps to safeguard the environment by sulphurising flue gas. Dolomite is increasingly utilized to refortify excessively acidified fields and bodies of water.
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The calcium carbonate market in Europe is expected to grow from US$ 10.1 Billion in 2021 to US$ 16.1 Billion by 2032 at a CAGR of 4.4% from 2021 to 2032. Due to the significant demand from sectors such as paints and coatings, adhesives and sealants, and paper manufacture, the United States has been a prominent market for calcium carbonate. The United States is one of the top paper producers globally.
Nano and micro-sized calcium carbonate particles are currently being manufactured as a result of the demand for novel products in the calcium carbonate industry in Europe. Much of the research into the production process of these particles in recent years has been directed toward attaining specified sizes and shapes. They typically have a high surface area-to-volume ratio, making them biocompatible.
The upcoming years are likely to see a strong move toward the advent of nano calcium carbonate particles in chemical, biological, and industrial applications, which will propel the European market forward.
The U.S. uses calcium carbonate in dietary supplements. Calcium carbonate is an essential ingredient in a great many household items in the United States. It functions as a whitening agent in paints, soaps, papers, polishes, putty products, cement, and other goods.
The U.K market for calcium carbonate is driven by its demand in the manufacturing of lime and cement, purification of iron from iron ore, as a filter cake agent in the drilling industry, an extender in paints, and also in the manufacturing of disposable nappies.
In Japan, calcium carbonate is widely used in the manufacturing of white-colored filler in several industries. Some of the prominent calcium carbonate providers in Japan include Calfine, Hayashi Kasei, and Bihoku Funka Kogyo.
Calcium carbonate is a mineral that manufactures rigid containers in the packaging industry. It is also used to make calcium-based antacids as an active ingredient in medicine. In the pharmaceutical business, it is utilized to neutralize products.
Calcium carbonate is a primary component of asphalt, and concrete, and asphalt, and it is commonly used as a building component. It also has a low iron oxide content, making it perfect for making high-quality, extra-clear glasses.
Ground calcium carbonate is used by manufacturers to give rigid rubber and rubber products as well as a high degree of abrasion resistance. Ground calcium carbonate is used in the production of silicone and acrylic sealants. Aglime, a calcium hydroxide-based fertilizer, is utilized to supply plants with greater calcium than soil while also curing it of unfavorable soil conditions.
The fastest-growing end-use industry for the utilization of calcium carbonate will be in plastic. It is due to why the demand for calcium carbonate-reinforced polypropylenes in the automobile industry, as well as calcium carbonate's capacity to help optimize plastic characteristics and boost heat dissipation, will grow significantly for many years to come.
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Strategic players in the calcium carbonate market include Greer Limestone Company, Imerys, Mineral Technologies Inc., Huber Engineered Materials, Midwest Calcium Carbonates, Omya AG, Longcliffe Quarries Ltd., GLC Minerals Inc, and Carmeuse.
Some of the key recent developments in the calcium carbonate market are :
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Currently, the global Calcium Carbonate market is valued at US$ 23.5 Bn.
Calcium Carbonate market value is expected to increase at a CAGR of around 6.38% during the period of 2022-2032.
US is estimated to hold around 26.9% share of the global Calcium Carbonate market by the end of 2032.
In terms of growth, Calcium Carbonate market has increased at a CAGR of around 6% during 2017-2021.
Key players in the clcium carbonate market include Greer Limestone Company, Imerys, Mineral Technologies Inc., Huber Engineered Materials, Midwest Calcium Carbonates, Omya AG, Longcliffe Quarries Ltd., GLC Minerals Inc, and Carmeuse etc.
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