Calcium Carbonate Market Size to Surpass Around USD 72.5 BN

Ottawa, September 13, 2022 (GLOBE NEWSWIRE) — The calcium carbonate market size it was estimated at USD 47.2 billion in 2021. Calcium carbonate is a chemical compound. It is surveyed that about 4% of the world’s cover is involved in calcium carbonate. It is ordinarily found in the form of minerals and rocks, some of which include calcite, limestone, chalk, marble and aragonite. Calcium carbonate is used in its usual state or in pure design. Pure calcium carbonate is removed from normal sources by various procedures, including mining and quarrying. At this point, the calcium carbonate used is widely used in different capacities, including as a mineral filler, lighting subject matter expert, and trained alkalizing professional.

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what is the rregional impact on the calcium carbonate market?

  • APAC to dominate the calcium carbonate market during the measurement time period. The improvement in the APAC region can be attributed to the creation of interest in calcium carbonate from various end-use ventures such as paper, plastic, pastes and sealants, and paints and coatings. Savings are additional efficient money management measures for the proper functioning of businesses in different regions by keeping abreast of important events that are expected during the pandemic.
  • As businesses go, certain efforts have uncovered positive news; for example, vehicle deals in India increased in the last two months. In addition, it is assumed that the interest in paints and coatings and vehicles will increase, which will subsequently expand the interest in calcium carbonate.

Report Highlights

  • By type, the ground calcium carbonate segment has contributed a market share of 70.5% in 2021.
  • The Asia Pacific region has accounted for a market share of 39.7% in 2021.
  • By end user, the plastics segment is expected to grow at a CAGR of 6.6% between 2022 and 2030.
  • Plastic will be the fastest creating end-use industry for calcium carbonate during the verification period. This is a direct result of the growing interest in calcium carbonate reinforced polypropylene from the automotive industry and the limit of calcium carbonate to upgrade the properties of plastics and help better energy dispersion.
  • Ground calcium carbonate is typically used as a cutting edge mineral. It is used in paints and coatings, paper and plastic fillers. GCC also finds application in concrete and can be converted into calcium oxide (quicklime) and calcium hydroxide (slaked lime).

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Scope of the Report

report attributes Details
Market size in 2021 $47.2 billion
Revenue forecast for 2030 $72.5 billion
CAGR 4.88% from 2022 to 2030
by product
  • Ground Calcium Carbonate (GCC)
  • Precipitated Calcium Carbonate (PCC)
By end user
  • Paper
  • Plastic
  • Paints and Coatings
  • Adhesives and Sealants
  • Others (rubber, environment, pharmaceutical, cosmetic, food, oil & gas, and others)
By region
  • North America
  • Europe
  • Pacific Asia
  • Latin America
  • Middle East and Africa (MEA)
base year 2021
forecast year 2022 to 2030
key players. main players AGSCO Corp., Carmeuse, Blue Mountain Minerals, Carmeuse Lime & Stone Company, GCCP Resources, GLC Minerals, LLC, Greer Limestone Company, Gulshan Polyols Ltd., ILC Resources, Imerys, JM Huber Corp., LafargeHolcim and others.

market dynamics

drivers

Calcium carbonate is a normal substance essential for paper and plastics. Interest in paper is spreading in APAC as modernized change is somewhat slow. The monetary improvement found in the emerging countries of APAC has caused an extension in the use of paper packaging. China, India and South Asian countries are the main buyers of paper in the district. Furthermore, the advancement of the e-commerce industry in India and China has caused a development in interest in crinkled packaging courses of action. Paper packaging is also used in organizations such as food, medical benefits, materials preparation and composition, and individual thinking. This large number of factors is increasing interest in paper in the region.

The plastics industry in APAC is also growing at a fast rate. The region is seeing a ubiquity of plastics for various applications in packaging, automotive, improvement, electricity and equipment, and various companies. The increasing use of plastics in these efforts for various reasons, such as cost reduction in packaging and improvement organizations, lessening of the burden on auto parts, and as a coating on electronic things, is fueling interest in carbonate. calcium in APAC.

Currently, calcium carbonate is used primarily in the manufacture of paper, plastic, paints and coatings and concrete and sealant organizations. Likewise, there are a couple of potential uses for calcium nanocarbonate. Nano calcium carbonate has attracted the interest of researchers, especially for support applications. Calcium carbonate-based materials have biodegradable and biocompatible properties, making them ideal as wise carriers for transmitting characteristics, impetus, and drugs. Studies are being coordinated to make these nanoparticles suitable for applications, including as an antibacterial art, for quality transport to target dangerous developing cells, and for the movement of anti-disease drugs. These potential applications present different avenues of entry for the upgrading of the calcium carbonate market as of now.

restrictions

Increased expenses due to high transportation costs

One of the critical elements influencing the calcium carbonate processor is the guaranteed accessibility of the natural substance as long as it is present in the necessary amount. To ensure that the ideal amounts are available, the creation office must have the necessary amount implicit, including a retention limit, which can be sent for creation in the event of specific difficulties. To ensure reliability of supply, a framework of strategies must be established to ensure rapid exchange of supply from one crafting site to another.

Simultaneously, vehicle costs must be kept within monetarily appropriate limits. Strategic costs for calcium carbonate average 25% of cost of sale, but can differ widely. Lately, other organizations have expanded by how much their calcium carbonate products, as the expansion in the cost of transportation of natural substances is one of the elements that add to the evaluation. For example, the inflated expense of moving PCC from the assembly area to the paper mill increases the overall transportation cost.

Consequently, one of the leading organizations, Mineral Technologies, is setting up satellite plants near the paper mill’s manufacturing offices to lower costs. Certain companies also transport calcium carbonate in suspension form to reduce cost, although this could influence the nature of the product. Consequently, the increasing cost of moving calcium carbonate starting with one site and then moving on to the next presents itself as a constraint to the market.

Opportunities

Potential Applications

Today, calcium carbonate is used significantly in the paper, plastic, paint and coatings, and cement and sealant businesses. Also, there are some possible uses for nano calcium carbonate. Calcium nanocarbonate has attracted the interest of analysts, particularly for restoration applications. Calcium carbonate-based materials have biodegradable and biocompatible properties, which are ideal as a smart carrier for transmitting qualities, catalysts, and medicines. Studies are being conducted to bring these nanoparticles into useful applications, including as a specialist antibacterial, for quality transport to attack malignant growth cells, and for the transport of anti-disease drugs. These potential applications present different open doors for the development of the calcium carbonate market going forward.

challenges

The decline of the paper industry due to increasing digitization

The paper business has been really affected by the growing digitization and electronic circulation. The paper industry in general has declined in recent years due to the shift to paperless correspondence and high-end media in most developed economies. Interest in newsprint has also really waned due to oversupply issues. The growing use of next-generation media is significantly outpacing paper, thus hampering the office paper and newsprint market, which is shrinking by around 5% each year.

Related reports

recent developments

  • In November 2018, Omya AG introduced a new functionalized calcium carbonate for use in biopolymers under the brand name Omya Smartfill 55-OM. The new calcium carbonate is especially used as a filler material for polylactic corrosive (PLA), as it exhibits virtually no hydrolysis when handled in fill piles up to 40%.
  • In June 2018, Omya AG launched another era of recrystallized mineral particles for use in beautifying corrective applications under the Omyaskin brand. This element is used in shades of corrective elements, as it helps to work on the adequacy of the final results.
  • In July 2015, Imerys Carbonates, a trading part of Imerys, introduced another Life Elements product offering, which aims to decisively influence the viability and shelf life of foods and medicines. Through this product offering, the organization offers I-Blum Calcium Carbonate and Calcius Calcium Carbonate for varieties of useful foods and soft drinks and as a functional supplement in mineral enhancement tablets, separately.
  • In April 2015, Imerys Carbonates, a business fragment of Imerys, launched a micronized ground calcium carbonate product offering for South America under the SUPERMICRO brand. This article is used for sections of the market such as plastics (PVC, EVA), glues and sealants, elastics and thermoplastics.

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