Calcium Carbonate Market: Global Industry Analysis and Forecast (2023-2029)

Calcium Carbonate Market was worth US$ 43.67 Bn in 2022 and total revenue is expected to grow at a rate of 5.6% CAGR from 2023 to 2029, reaching almost US$ 63.96 Bn in 2029.
Calcium Carbonate Market Characteristics:
Calcium carbonate also called CaCo3 mineral with the greatest abundance for 4 % of earth crust.

Asia pacific leading the market by 37 %.in that China is dominating with 8.2%.

Imerys(France) is a leading player in calcium carbonate market with group revenue of 4.49 Bn USD in 2022 followed by Omya AG (Switzerland) with the group revenue 1.05 Bn USD in 2022. The key players are benchmarked in the report on various factors that will give readers a insights in the companies facts and their strategies.To know about the Research Methodology :- Request Free Sample Report

mining and quarrying, are used to extract pure calcium carbonate from natural sources. Calcium carbonate is now widely utilized for a variety of purposes, including mineral fillers, whitening agents, and alkalizing agents.
Calcium Carbonate Market Overview:
Calcium carbonate, or CaCO3, is a chemical substance with the formula CaCO3. Calcium carbonate makes up around 4% of the earth's crust, according to estimates. Calcite, limestone, chalk, marble, and aragonite are some of the minerals and rocks that contain it naturally. Calcium carbonate can be used in its natural state or in its purified form. Various procedures, such as mining and quarrying, are used to extract pure calcium carbonate from natural sources. Calcium carbonate is now widely utilized for a variety of purposes, including mineral fillers, whitening agents, and alkalizing agents.
Calcium Carbonate Market Dynamics:
Calcium carbonate is an important raw element in the production of paper and polymers. Due to the slow pace of digital transition in APAC, demand for paper is increasing. The use of paper packaging has increased as a result of the economic expansion seen in APAC's developing countries. China, India, and South Asian countries are the region's biggest paper consumers. The expansion of the e-commerce business in India and China has increased demand for corrugated packaging. Food, healthcare, education and stationery, and personal care industries all use paper packaging. All of these reasons are driving up paper demand in the region. Imerys Company started supplying ground calcium carbonate (GCC) for medical glove production. This project was initiated in order to address the rapidly increasing demand for medical gloves while simultaneously cutting the cost of production.

The assured availability of the raw material in the needed quantity at any time is one of the most important aspects affecting the calcium carbonate processor. To ensure that the desired quantities are available, the manufacturing facility must be designed to the required scale, with a reserve capacity that can be used for production if technical issues arise. To maintain supply reliability, a logistics system must be established that allows for rapid supply switching from one production location to the next. At the same time, transportation expenses must be kept within reasonable limits. The logistic costs for calcium carbonate are about 25% of the selling price on average, however they can vary a lot. Various companies have recently raised the amount of calcium carbonate goods they produce, owing to an increase in the transportation cost of raw materials, which is one of the variables influencing price.

For instance, the cost of carrying PCC from the manufacturing facility to the paper mill raises the entire transportation cost. As a result, Mineral Technologies, one of the top corporations, is establishing satellite factories near paper mill manufacturing sites to cut costs. To save money, some companies ship calcium carbonate as a slurry, albeit this may compromise the product's quality. As a result, the rising cost of moving calcium carbonate from one location to another acts as a market restraint.

Calcium carbonate is currently utilized mostly in the paper, plastic, paints and coatings, and adhesives and sealants sectors. Nano calcium carbonate has various potential applications. Researchers are interested in Nano calcium carbonate, particularly for therapeutic purposes. Biodegradable and biocompatible, calcium carbonate-based polymers are perfect as a smart carrier for delivering genes, enzymes, and medications. These nanoparticles are being studied for use in therapeutic applications, such as an antibacterial agent, for gene transfer to cancer cells, and for cancer medication delivery.

Digitalization and electronic publication have had a significant impact on the paper industry. The global paper industry has decreased in the last five years as most industrialized economies have shifted to paperless communication and digital media. Due to oversupply difficulties, demand for newsprint paper has dropped dramatically in recent years. The growing usage of digital media is gradually replacing paper, putting a strain on the office and newspaper paper markets, which are declining at a rate of roughly 5% per year. Because calcium carbonate is frequently used as a filler in writing and printing paper, newspaper paper, and paper packaging, increased digitalization has a negative impact.
Calcium Carbonate Market Segment Analysis:
Based on Product Type, the market is sub-segmented into Ground Calcium Carbonate, Precipitated Calcium Carbonate. Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC) both have the same chemical formula, but they differ in their manufacturing process, properties and End use. GCC is produced by mechanical grinding of the limestone and then it is classified to the required size. There are no chemical changes involved in the process. Ground Calcium Carbonate (GCC) segment is expected to grow at XX% CAGR during the forecast period. Rubber and rubber products benefit from the addition of ground calcium carbonate for stiffness and abrasion resistance. Grounded calcium carbonate can be used to make both silicone and acrylic-based sealants. Agile, a calcium carbonate-based fertiliser, is used to provide plants an extra boost of calcium while also neutralising soil conditions.

Based on Application, the market is sub- segmented into Paper & pulp, Plastic, Paint, Rubber, Adhesives & Sealants, Building & Construction and Others. In 2022, paper was the most popular application segment, accounting for more than half of all sales. Calcium carbonate is used in the paper pulp as a filler or as a coating pigment. Its inclusion improves the paper's brightness and opacity. Despite the fact that the internet had an impact on the print media sector, it had little impact on the need for paper in other uses such as packaging and tissue paper.

Manufacturers have been forced to increase output in order to meet increased customer demands as a result of the present pandemic. For example, Cellulose Argentina, planned a 30 % increase in paper packaging manufacturing in August 2022. The corporation concentrated its efforts on the food market, which was experiencing a spike in demand. The paper application segment is expected to maintain its dominance during the forecast period, owing to the growth of the e-commerce sector and the increasing use of tissue papers.
Calcium Carbonate Market Regional Insights:
In 2022, Asia Pacific dominated the global market, accounting for more than 37 %. Due to increased expenditures in infrastructure development and industry, the area is expected to grow at a steady CAGR from 2023 to 2029. However, the pandemic has had a significant impact on manufacturing operations and supply chains. All other major Asian countries, with the exception of China, have reported negative GDP growth in the second quarter of 2022. Increasing building activity in the region, Asia-Pacific is expected to lead the calcium carbonate market. China's GDP grew by 1.9 % and is expected to grow by 8.2 % in 2022, making it the largest in the Asia-Pacific region.

The second-largest geographic market was North America. Despite the fact that the pandemic has had a significant impact on the region, the market's end-use industries have begun operations at a reduced capacity due to increased consumer demand. The demand for adhesives and paper is increasing in industries such as medical, packaging, and DIY, which is good news for the calcium carbonate industry.

The objective of the report is to present a comprehensive analysis of the Global Calcium Carbonate market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Calcium Carbonate market dynamics, structure by analyzing the market segments and project the Global Calcium Carbonate market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Calcium Carbonate market make the report investor’s guide.
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Calcium Carbonate Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 43.67 Bn.


Forecast Period 2023 to 2029 CAGR:
5.6%
Market Size in 2029:
US $ 63.96 Bn.


 Segments Covered:
by Product Type
Ground Calcium Carbonate
Precipitated Calcium Carbonate


by Application
Paper & pulp
Plastic
Paint
Rubber
Adhesives & Sealants
Building & Construction
Others


by Sales Channel
Direct Sale
Indirect Sale



Calcium Carbonate Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Calcium Carbonate Market Key Players are:
1. Huber Engineered Materials
2. Fujian Snamu Nano Calcium Carbonate Co Ltd.
3. Graymont Ltd.
4. Mississippi Lime Company
5. Imerys Mineral Ltd.
6. Omya GmBH
7. Changzhou Calcium Carbonate Ltd.
8. Jiawei Chemical
9. Shiraishi Kogyo Kaisha Ltd.
10.Schaefer Kalk Sdn Bhd
11.Mineral Technologies Inc.
12.United Mining Investments Co.
13.Yuncheng Chemical Industrial CO., Ltd.
14.Zhejiang Jiande Longhua plastics Ltd.
15.MARUA CALCIUM CO., LTD.
16.GLC Minerals, LLC
17.Calchem

Frequently Asked Questions:

1. Which region has the largest share in Global Calcium Carbonate Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Calcium Carbonate Market?
Ans: The Global Calcium Carbonate Market is growing at a CAGR of 5.6% during forecasting period 2023-2029.

3. What is scope of the Global Calcium Carbonate market report?
Ans: Global Calcium Carbonate Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Calcium Carbonate market?
Ans: The important key players in the Global Calcium Carbonate Market are – Huber Engineered Materials, Fujian Snamu Nano Calcium Carbonate Co Ltd., Graymont Ltd., Mississippi Lime Company, Imerys Mineral Ltd., Omya GmBH, Changzhou Calcium Carbonate Ltd., Jiawei Chemical, Shiraishi Kogyo Kaisha Ltd., Schaefer Kalk Sdn Bhd, Mineral Technologies Inc., United Mining Investments Co., Yuncheng Chemical Industrial CO., Ltd., Zhejiang Jiande Longhua plastics Ltd., MARUA CALCIUM CO., LTD., GLC Minerals, LLC, Calchem, and

5. What is the study period of this market?
Ans: The Global Calcium Carbonate Market is studied from 2022 to 2029.