Global Calcium Carbonate Market: Snapshot
Calcium carbonate is a fairly common compound that is extracted from the Earth’s crust and finds applications in diverse industries, including building and construction, paper, plastic, and adhesives and sealants. According to this business and commerce study, the prosperity of each of those industries, and several others, will continue to increment the demand in the global calcium carbonate market at a formidable CAGR of 5.0% during the forecast period of 2017 to 2025. The analysts of the report have estimated that the vendors operating in the global calcium carbonate market will have opportunities worth US$22,311.06 mn to share from by the end of 2025, substantially more than the market’s evaluated valuation of US$15,158.33 mn in 2017.
The increasing demand for paints and coatings on the back of flourishing building and construction industry, incremented investments in the paper industry, growing usage of nano-calcium carbonate in the rubber and pharmaceutical industries, and government initiatives for the growth of the plastics industry in the Middle East are some of the key factors driving the demand in the global calcium carbonate market. On the other hand, environmental hazards of mining limestone and negative effects of using calcium carbonate in dietary supplements are a few restraints challenging the market for the same.
Ground Calcium Carbonate Maintaining Strong Demand
Commercially, calcium carbonate is available in two types, namely precipitated calcium carbonate (PCC) and ground calcium carbonate (GCC). PCC is produced as a result of reaction between carbon dioxide and a solution of calcium hydroxide, whereas GCC is obtained by crushing and processing limestone into calcium carbonate powder. The properties of PCC and GCC that includes fineness, particle size distribution, and color, enables this product to meet technical requirements for several applications. More than 60% of the demand in the global calcium carbonate market was catered by GCC in 2016. The GCC segment is further sub-segmented into coated GCC and uncoated GCC. Uncoated GCC accounted for the major share and this trend is expected to continue during the forecast period.
Calcium carbonate is used in several applications such as paper, plastic, paint, rubber, adhesives & sealants, building & construction, and others. Calcium carbonate is used as filler in paper, plastic, adhesives, sealants. More than 25% of calcium carbonate is used by the paper industry, where it is used as a filler and improves the brightness of paper. Silica-modified calcium carbonate improves mechanical, structural, and optical properties of paper. It is used as mineral filler or pigment in plastics. It is also filled in polypropylene compounds to increase rigidity. Calcium carbonate is used as an extender and additive to make paints & coatings bright and durable. Moreover, it is used as building material and ingredient in various products such as roof singles, concrete, paving, renders, ceramics, etc.
Calcium carbonate controls the shrinkage in adhesives and sealants and also improves their gap filling properties and viscosity. In oil & gas industry, calcium carbonate is used as additive in fluids that are applied in drilling to control the penetration volume of liquids from the rock while drilling. It is used as an active ingredient in agricultural lime and a source of calcium mineral in animal feed to promote growth of animals in animal feed. Dietary supplements also contain calcium carbonate as a source of calcium. It is also used in makeup, shaving creams, and skin and hair care products.
Asia Pacific Most Lucrative Region by a long Margin
Geographically, Asia Pacific dominates the demand in the global calcium carbonate market, promising to provide for a demand that will be worth US$12,231.16 mn by the end of 2025. The demand in the APAC calcium carbonate market is poised to increment at an above-average CAGR of 5.4% during the forecast period of 2017 to 2025. On the other hand, Europe and North America re next two lucrative regions, and expected to remain so in the near future too.
Omya AG, Minerals Technologies Inc., Mississippi Lime Company, Imerys, United Mining Investments Co., Yuncheng Chemical Industrial CO., Ltd, Huber Engineered Materials, Global Calcium Carbonate Industries, Zhenjiang Jiande Longhua Plastic Chemical Co., Ltd, Maruo Calcium Co. Ltd, Okutama Kogyo Co. Ltd, and Schaefer Kalk GmbH & Co KG are some of the notable players in the global calcium carbonate market.
Global Calcium Carbonate Market: Overview
Calcium carbonate is the chemical compound found abundantly in nature in the form of limestone, chalk and marble. It is also found in the shells of marine animals which inhale the carbon dioxide and produce calcium carbonate. Ground calcium carbonate accounted for major share in 2016 followed by precipitated calcium carbonate. In terms of geographic distribution, Asia Pacific dominated the global calcium carbonate market with more than 50% of the market.
Global Calcium Carbonate Market: Scope of Study
This report analyzes and forecasts the market for Calcium Carbonate at the global and regional level. The market has been forecast based on volume (Kilo Tons) and revenue (US$ Mn) from 2017 to 2025, considering 2016 as the base year. The study includes drivers and restraints of the global calcium carbonate market. It also covers impact of these drivers and restraints on demand for calcium carbonate during the forecast period. The report also highlights opportunities in the calcium carbonate market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global calcium carbonate market. Porter’s Five Forces model for the calcium carbonate market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness. Asia Pacific is anticipated to grow the fastest CAGR.
Global Calcium Carbonate Market: Market Segmentation
The study provides a decisive view of the global calcium carbonate market by segmenting it in terms of form of product type – ground calcium carbonate, precipitated calcium carbonate. These segments have been analyzed based on present and future trends. The study also provides segmentation of calcium carbonate market based on the applications such as paper, plastic, paint, rubber, adhesives & sealants, building & construction, others. Regional segmentation includes current and forecast demand for calcium carbonate in Asia Pacific, Europe, North America, Latin America, and Middle East & Africa.
The report provides the actual market size of calcium carbonate for 2016 and estimated market size for 2017 with forecast for the next eight years. The global market size of calcium carbonate has been provided in terms of volume and revenue. Market volume has been defined in tons, while market revenue is in US$ Mn. Market numbers have been estimated based on key applications of calcium carbonate. Market size and forecast for numerous end-users have been provided in terms of global, regional, and country level markets.
Global Calcium Carbonate Market: Research Methodology
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, investor presentations, ICIS, Factiva, European Cosmetics Council, The European Chemical Industry Council (CEFIC), Association for Soaps, Detergents and Maintenance Products (AISE), Journal of Surfactants and Detergents (JSD), American Chemical Society (ACS), Chemical Watch, statistical databases, trade journals, market reports, news articles, press releases, webcasts specific to companies operating in the market.
We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
Global Calcium Carbonate Market: Competitive Landscape
The report comprises profiles of major companies operating in the global calcium carbonate market. Key players operating in global calcium carbonate market include Minerals Technologies Inc., Omya AG, United Mining Investments Co., Imerys, Yuncheng Chemical Industrial CO., Ltd, Global Calcium Carbonate Industries, Huber Engineered Materials, Zhenjiang Jiande Longhua Plastic Chemical Co., Ltd, Mississippi Lime Company, Okutama Kogyo Co. Ltd, Maruo Calcium Co. Ltd, Schaefer Kalk GmbH & Co KG, etc. among others.
Calcium Carbonate Market: By Product Type (Volume Kilo Tons, Revenue US$ Mn; 2016-2025)
- Ground Calcium Carbonate
- Precipitated Calcium Carbonate
Calcium Carbonate Market: By Application (Volume Kilo Tons, Revenue US$ Mn; 2016-2025)
- Adhesives & Sealants
- Building & Construction
Calcium Carbonate Market: Regional Analysis (Volume Kilo tons, Revenue US$ Mn; 2016-2025)
- North America
- Rest of Europe
- Asia Pacific
- Rest Of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa (MEA)
- Rest of MEA