Calcite Market – Introduction
Calcite has impressive properties that makes it one of the most extensively used minerals. It has widespread adoption as a raw material in construction and agricultural sectors. Calcite demand has witnessed a steady spike, especially from the cement and agriculture industry which has provided an impetus to the augmentation of calcite market. Demand is also growing from the pharmaceutical industry, owing to calcite’s acid-neutralizing ability in preparing medicines.
Development of New Product Lines - Key Growth Expansion Strategy of Calcite Market Players
The rigorous competition in calcite market is prompting calcite manufacturers to incorporate innovation in manufacturing processes in order to move ahead of the competition. To capitalize on the growing demand for calcite from wide end-use industries, several leading players in calcite market are deploying numerous market strategies, such as new product lines, collaborations, innovative product development, partnerships, acquisitions, and expansion of existing facilities.
The calcite market is saturated with numerous domestic players, which has been posing a threat to the leading market players. To counter this, leading calcite manufacturers are increasingly focusing on entering into long-term tie-ups with end-user industries. In recent times, leading market players have been focusing on leveraging emerging opportunities in ASEAN, India, and China to expand their foothold in calcite market.
One of key strategies deployed by calcite market players is the establishment of on-site production facilities to offer superior Precipitated Calcium Carbonate (PCC) to paper mills. The growing number of smart initiatives by manufacturers, coupled with rising domestic players in calcite market are likely to make calcite market highly competitive in upcoming years. Some of the notable developments in calcite market include:
- Huber Engineered Materials (HEM), a subsidiary of the J.M. Huber Corporation, is purchasing agrichemical manufacturing company, Miller Chemical & Fertilizer LLC, from investment company, Dunes Point Capital LP. The Miller acquisition will accelerate HEM’s mission to create a diverse portfolio of competitively advantaged small to medium businesses in chemical and mineral markets.
- A leading player in calcite market, Omya AG, has introduced a new powdered energy drink concept named Omyafit to provide an all-in-one finished product solution to customers. The firm has utilized its exclusive Omya Calcipur natural calcium carbonate as a multifunctional processing aid to deliver good dispersion.
Detailed profiling of other leading players operating in calcite market has also been included in TMR report on calcite market. Key players operating in calcite market include Silver Microns Pvt. Ltd., Omya AG, J.M. Huber Corporation, Northern Minerals Co. LLC, Esen Mikronize Maden Nordkalk Corporation, Gulshan Polyols Ltd, MJ Minerals, Fimatec Ltd., Excaliber Minerals, Jay Minerals, Zantat Sdn. Bhd., Ajanta Industries, Wolkem, Shiraishi Calcium Kaisha Co., Ltd, Imerys S.A, Mississippi Lime, Lingcliffe Quarries Ltd, Minerals Technologies, Inc., White Rock Minerals, ASEC Company for Mining, Sudarshan Group, Okutama Kogyo Co. Ltd., Columbia River Carbonates Yuncheng Chemical Industrial CO., Ltd., Wolkem India Pvt Ltd, Krishna Minerals, and Maruo Calcium Co. Ltd.
Burgeoning Demand from Paper Industry Creating Growth Opportunities
Calcite has been witnessing immense reception in paper industry, signifying growth in paper production, and this trend is expected to continue in the forthcoming years as well. Though both Ground Calcium Carbonate (GCC) and PCC are witnessing traction for the production of paper, PCC continues to be the favored material due to the operational flexibility it renders. The adoption of PCC in papers has enabled enhanced printing surfaces and brighter papers. Improved gloss as well as opacity are key attributes paving way for a wider application scope of PCC in diverse segments.
Beneficial Chemical Properties Underpinning Growth in Calcite Market
As calcite dampens shrinkage in adhesives and sealants, while enhancing their consistency and gap filling properties, it is witnessing steady adoption for these applications. The proliferating calcite adoption is expected to grow further due to the magnificent growth in the demand and production of adhesives, plastics, sealants, and polymers in recent past. Calcite has been witnessing high adoption in oil and gas sector, being used as an added substance in liquids that are connected in boring to regulate infiltration volume of fluids from the stone while penetrating. Furthermore, calcite’s growing utilization as a key calcium source in agriculture lime and animal feed is bringing a lot of traction to calcite market. Calcite’s wide uptake in diverse products such as dietary supplements, cosmetics, shaving creams, skincare and hair care products is accelerating sales.
Demand for Fine-Sized Calcite Powder on Rise
With fine-sized calcite powder gaining ground due to its increased efficiency in filler applications in paints and coatings as well as polymer and plastic industry, manufacturers are focused on reducing the size of calcite to nano levels. The growing alterations in the size of calcite particles for diverse production processes are likely to bring tremendous changes in calcite market, there by paving way for immense market growth opportunities. Furthermore, the proliferating cement and paints & coatings sector is expected to drive calcite market in the near future.
Cyclic Nature of Mining Industry Restraining Growth
The mining industry is cyclic in nature due to which the prices of raw material often gravitate towards higher values, which is likely to have negative impact on calcite market growth. Similarly, volatilities and uncertainties in steel production can also influence the growth of the calcite market during the forecast period.
The report on calcite market provides a comprehensive analysis and a detailed outlook of opportunities overflowing in the global calcite market. The calcite market report offers projections based on value and volume, during the forecast period for the aspiring market players to make a note of. The report on calcite market sheds light on key market drivers, trends, opportunities, and challenges, significantly influencing the growth of calcite market. Moreover, the report on calcite market also provides detailed information about diverse macro and micro economic factors impacting the growth of calcite market.
The report on calcite market further provides a detailed snapshot of overarching trends in the calcite market that are influencing global calcite market growth. Moreover, the calcite market report provides detailed value-chain analysis for readers to get well-versed with the sustainable manufacturing approaches. A quick overview of the competitive landscape has been provided at the end of the report, wherein key players operating in the calcite market have been profiled in tandem with their differential strategies.
To provide credible revenue and volume estimates for calcite in the study, the complete production framework of calcite across diverse regions and the relevance of every application segment with regard to growth of the worldwide market have been evaluated and studied. Paradigm shifts in consumer preferences have been considered on priority to draw inferences to help the aspiring players in calcite market. Moreover, a comprehensive analysis of the pricing framework is detailed in the calcite market report for a deep market understanding. Diverse factors impacting the pricing framework have been detailed for the calcite market players to help them stay cost-competitive amid the highly competitive environment.
The report has bifurcated the calcite market on the basis of type, and application. Based on type, the market can be classified into PCC and GCC. On the basis of application, the calcite market is bifurcated into Paper and Pulp, cement, agriculture, paints & coatings, adhesives & sealants, polymers and plastics, and others. By size the market is bifurcated into fine and coarse.
The global calcite market report offers an exhaustive competition landscape, detailing company market performance and shares to help the readers get a better understanding of the competition in the calcite market. The report offers snapshot of the key players operating in the calcite market along with their smart growth strategies to give the readers an idea about the smart strategies deployed by the leading market players, helping them build effective strategies.
Some of the leading players functioning in global calcite market are Silver Microns Pvt. Ltd., Omya AG, J.M. Huber Corporation, Northern Minerals Co. LLC, Esen Mikronize Maden Nordkalk Corporation, Gulshan Polyols Ltd, MJ Minerals, Fimatec Ltd., Excaliber Minerals, Jay Minerals, Zantat Sdn. Bhd., Ajanta Industries, Wolkem, Shiraishi Calcium Kaisha Co., Ltd, Imerys S.A, Mississippi Lime, Lingcliffe Quarries Ltd, Minerals Technologies, Inc., White Rock Minerals, ASEC Company for Mining, Sudarshan Group, Okutama Kogyo Co. Ltd., Columbia River Carbonates Yuncheng Chemical Industrial CO., Ltd., Wolkem India Pvt Ltd, Krishna Minerals, and Maruo Calcium Co. Ltd.
Forecast and key insights given in the calcite market report are based on a thorough research methodology deployed by the TMR analysts to develop this report on calcite market. The research methodology relies on exhaustive primary and secondary researches to attain detailed information on the calcite market.
TMR analysts have adopted this comprehensive approach to reach on the calcite market size offered along with the other significant numbers, such as revenue share and CAGR of different market segments detailed in the calcite market report. Information mentioned in the calcite market report underwent many validation funnels, before getting placed in the final report.
TMR’s comprehensive research approach guarantees authenticity of the statistics and data offered in the report, and thus provides readers with accurate information on the calcite market. Scope of the calcite market report is to provide concise intelligence and highly actionable insights on the calcite market to help readers in making smart decision for the future growth of their businesses in the calcite market.