Nano Calcium Carbonate Market: Overview
The nano calcium carbonate market is expanding at a rapid pace owing to rise in demand from end user industries such as paper, plastic, and rubber. There has been an increase in the demand for nano calcium carbonate in the sealant industry used as rheological materials owing to the thixotropic structure which benefits in achieving anticipated fall and viscidness control. Growth in the usage of nano calcium carbonate as strengthening fillers in construction and automotive sealants is anticipated to drive the market over the forecasted period. Enhanced emphasis by local governments in developed economics such as Europe and the U.S. to cut carbon footprints by decreasing the consumption of energy in production processes is expected to drive the nano calcium carbonate market during the forecast period. Increasing number of applications in end user industries such as rubber, adhesives, plastics and sealants is likely to fuel the demand for nano calcium carbonate during the forecast period. Introduction of new characteristics such as developed impact resistance, heat resistance, advanced weather resistance, and superior toughness is driving the demand for nano calcium carbonate. Increase in the demand for nano calcium carbonate from the rubber industry as an easy and low priced substitute for carbon black is likely to propel the growth of the nano calcium carbonate market.
The global nano calcium carbonate market has been segmented on the basis of application into rubber, plastic, and building & construction. Plastic segment was the most dominant in 2015 and is expected to remain so during the forecast period. Reduced price of raw materials is one of the major factors driving the plastic segment in the nano calcium carbonate market. Rise in the application of plastic and increasing demand for consumer electronics is likely to fuel the growth of the plastic segment during the forecast period. Building and construction segment accounted for a considerable market share of the nano calcium carbonate market in 2015 and is anticipated to remain so over the forecast period.
By geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific accounted for majority share of the nano calcium carbonate market in 2015 and is expected to be the regional leader during the forecast period. Increase in the use of nano calcium carbonate in the construction industry is driving the market in this region. High pace of urbanization is also fuelling the demand for nano calcium carbonate in this region. China and India account for majority of the market share of the nano calcium carbonate market in this region. Europe also has a considerable market share. Rise in investment in the construction industry is one of the key driving factors for the nano calcium carbonate market in this region. The U.K, Germany, and France account for majority of the market share in this region. North America has a matured market for nano calcium carbonate owing to the developed construction industry. Middle East & Africa has an emerging market for nano calcium carbonate. Qatar is one of the large markets in this region. Growth of the construction industry in Qatar has been one of the key drivers for the nano calcium carbonate market in Middle East & Africa. Brazil accounts for the most dominant market in Latin America.
The key players in the nano calcium carbonate market are Imerys Performance Minerals, Specialty Minerals Inc., and Omya. Some of the other key vendors in this market are Enping Yueyi Chemistry Industry Co. Ltd., Mittal Enterprises, AkzoNobel N.V., and Fujian Sanmu Nano Calcium Carbonate Co.Ltd among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.