DUBLIN, Feb. 20, 2024 /PRNewswire/ — The “Calcium Carbonate – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Calcium Carbonate Market to Reach $39.1 Billion by 2030
The global market for Calcium Carbonate estimated at US$24.3 Billion in the year 2022, is projected to reach a revised size of US$39.1 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030. Ground, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$26.9 Billion by the end of the analysis period. Growth in the Precipitated segment is estimated at 7.4% CAGR for the next 8-year period.
Calcium carbonate (CaCO3) serves as a fundamental component in various industries, and understanding its processing and physical properties is essential for its application. With diverse application markets and different types available, it’s crucial to differentiate between ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC).
Competition in the calcium carbonate market remains strong, with numerous players exhibiting varying levels of presence worldwide. Despite challenges, the global market prospects for calcium carbonate are promising, driven by dynamic trends across segments like ground calcium carbonate, paper, and paints & coatings.
The U.S. Market is Estimated at $5.2 Billion, While China is Forecast to Grow at 7.4% CAGR
With authoritative segments such as paper & plastic expected to witness solid gains, the Asia-Pacific region remains a dominant force in the calcium carbonate market, while North America shows rapid growth potential. Recent market activity underscores ongoing developments and innovations in the industry to address evolving market demands and technological advancements.
The Calcium Carbonate market in the U.S. is estimated at US$5.2 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$11.8 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET TRENDS & DRIVERS
- Paper Industry Remains the Leading End-Use Market for Calcium Carbonate
- Growing Paper Demand Trends to Drive Calcium Carbonate Market
- Revival of Demand in Paints & Coatings and a Recovering Construction Industry Bodes Well for the Calcium Carbonate Market
- Manufacturers Engage in Novel CaCO3 Products for Paints & Coatings and Paper industry to Reduce Carbon Footprint
- Increasing Consumption of Plastics to Give a Boost to the Market
- Plastic Packaging: A Growing End-Use Vertical
- Biopolymers: A New Market Opportunity
- Rise in Consumption of Adhesives and Sealants to Drive Demand for Calcium Carbonate
- Application of CaCO3 in Pure Water Gains Momentum
- Food Grade CaCO3 on Rise
- Food Grade Calcium Carbonate Market to be boosted by Vegan Population
- Nano Calcium Carbonate: A Potential Market
- Increasing Use in Packaging and Tissue Products
- New Variety of PCC-Blended Portland Cements
- PCC Gains Preference Over GCC in Paper Industry
- Precipitated Calcium Carbonate as Effective Alternative to Kaolin Clay
- High Transportation Costs Drive Installation of Satellite Plants
- Processes to Make Specific Forms of Calcium Carbonate for Papermaking
- New Calcium Carbonate Products
- Calcium Carbonate Particles Find Use in Biomedical Applications
FOCUS ON SELECT PLAYERS (Total 182 Featured)
- Arkema Group
- Formosa Plastics Corporation
- Balchem Corporation
- Carmeuse Group SA
- Acron Group
- Esenttia
- Changzhou Calcium Carbonate Ltd.
- Excalibar Minerals LLC
- CAO Industries Sdn. Bhd.
- GLC Minerals
- Agsco Corporation
- 20 Microns Ltd.
- Blue Mountain Minerals
- Basilisk concrete
- FTA Food Solutions Pty. Limited
For more information about this report visit https://www.researchandmarkets.com/r/cn7y8s
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