Global Calcium Carbonate Market – Industry Trends and Forecast to 2029

Global Calcium Carbonate Market, By Type (Ground Calcium Carbonate, Precipitated Calcium Carbonate), Application (Raw Substance for Construction Material, Dietary Supplement, Additive for Thermoplastics, Filler and Pigment, Component of Adhesives, Desulfurization of Fuel Gas, Neutralizing Agent in Soil, Other Applications), End-use Industry (Paper, Plastic, Paints & Coatings, Adhesives & Sealants, Construction, Paints and Coatings, Pharmaceutical, Automotive, Agriculture, Rubber, Other)– Industry Trends and Forecast to 2029.

Calcium Carbonate Market Analysis and Size

Calcium carbonate has unique properties, making it one of the most extensively used minerals in several industries. It has broad adoption in agricultural and construction sectors as a raw material. Calcium carbonate demand has witnessed a steady growth, mainly from the paper industry industry, which has driven the calcium carbonate market growth. According to the American Forest & Paper Association report, the U.S. paper and wood products industry recorded high tissue manufacturing levels in March and February 2020. The U.S. mills formed about 700 kilotons of tissue in March.

Data Bridge Market Research analyses that the calcium carbonate market is expected to undergo a CAGR of 5.90% during the forecast period. This indicates that the market value, which was USD 42.50 billion in 2021, would rocket up to USD 67.23 billion by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Calcium Carbonate Market Scope and Segmentation

Market Definition

Calcium carbonate is a carbonate mineral and it is the most stable polymorph of calcium carbonate (CaCO3). Calcium carbonate is a very common mineral, mainly it is the main component of limestone and marble. These calcium carbonate are very common and available in enormous amounts in the Earth's crust. The calcium carbonate market is mainly divided into precipitated calcium carbonate (PCC) and ground calcium carbonate (GCC) globally.

Global Calcium Carbonate Market Dynamics

Drivers

• Increasing  usage of calcium carbonate in agriculture sector

Calcium carbonate is mostly used in the field of agriculture. Calcium carbonate is the major component of limestone. This is highly used mineral to balance the soil acidity and deliver the calcium to the plants for proper nutrition. It is used for the better growth of plants and crops and also aids to absorb the water from the environment which keeps the soil moist and soft. The increasing usage of calcium carbonate in agriculture is projected to drive the market's growth.

• Growing demand of calcium carbonate in paper industry

Calcium carbonate has been showing lucrative demand in paper industry. Ground calcium carbonate and precipitated calcium carbonate both are experiencing traction for the manufacture of paper. Precipitated calcium carbonate continues to be the important material for the manufacture of paper because of its better operational flexibility. The adoption of precipitated calcium carbonate in papers industry has improved the printing surfaces of the paper. Thus, the rising demand of both ground calcium carbonate and precipitated calcium carbonate in paper industry is expected to drive the growth rate of the calcium carbonate market.

Also, the favorable properties of calcium carbonate and growth in the polymer and plastics production industries are some other major factors which are expected to upsurge the demand of the calcium carbonate in the market during forecast period of 2022-2029.

Opportunities

• Surging the demand of calcium carbonate in  construction industry

In recent construction, calcium carbonate is used in the form of limestone to generate concrete and cement. Marbles are highly used for showcasing the beauty in numerous patterns and colors. The upsurge in demand for, bathroom countertops, kitchen tabletop and marble flooring will create lucrative opportunities for the growth of the calcium carbonate market in upcoming years. Also, in India, the construction industry has gained lot of investments through many private equity investments which is also anticipated to witness a healthy growth during the forecast period.

Restraints/Challenges

• Effect on human health

Calcium carbonate dust is a physical irritant of the nose, eyes, and human skin. The contact of calcium carbonate dust with eyes causes inflammation, redness, pain, whereas contact with the skin it causes irritation at moderate level.

Moreover, increase in cost owing to high transportation duties and stringent rules are anticipated to hinder the market growth during the forecast period of 2022-2029.

This calcium carbonate market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the calcium carbonate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Calcium Carbonate Market

The outbreak of coronavirus had adversely affected overall calcium carbonate market. As a result of, the government has implemented several stringent rules and norms all over the globe which has affected the growth of the calcium carbonate market. The main user of calcium carbonate is the construction industry that has also shut down their manufacturing activities, resulting in a drop in the global calcium carbonate market. With the ease in lockdowns and restrictions in the second half of the year, companies are putting extra efforts to restart their operations, which is a positive sign for the growth of the market.

 Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.+

Recent Development

• In May 2020, Minerals Technologies Inc. announced, it had agreed to launch a 42,000 metric tonne satellite precipitated calcium carbonate (PCC) plant per year at their paper mill with Satia Industries Limited in Punjab District, India.

Global Calcium Carbonate Market Scope

The calcium carbonate market is segmented on the basis of type, application and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Ground Calcium Carbonate (GCC)
• Precipitated Calcium Carbonate (PCC)

Application

• Raw Substance for Construction Material
• Dietary Supplement
• Additive for Thermoplastics
• Filler and Pigment
• Component of Adhesives
• Desulfurization of Fuel Gas
• Neutralizing Agent in Soil
• Other Applications

End-use Industry

• Paper
• Plastic
• Paints & Coatings
• Adhesives & Sealants
• Construction
• Paints and Coatings
• Pharmaceutical
• Automotive
• Agriculture
• Rubber
• Other

Calcium Carbonate Market Regional Analysis/Insights

The calcium carbonate market is analyzed and market size insights and trends are provided by country, type, application and end-use industry as referenced above.

The countries covered in the calcium carbonate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the calcium carbonate market in terms of revenue and market share due to an increase in investments in the manufacturing sector and infrastructure development in this region.

North America will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to the high demand from the paper industries and presence of several established industries in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Calcium Carbonate Market Share Analysis

The calcium carbonate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to calcium carbonate market.

Some of the major players operating in the calcium carbonate market are:

• Gulshan Polyols Ltd. (India)
• Wolkem (India)
• Sibelco (Belgium)
• Imerys (France)
• Huber Engineered Materials (U.S.)
• Minerals Technologies Inc. (U.S.)
• ASCOM (Switzerland)
• Nordkalk Corporation (Finland)
• CITIC Calcium Industry Co. Ltd. (China)
• Jay Minerals (India)
• GP Group (Thailand)
• Longcliffe (U.K.)
• Fitz Chem LLC (U.S.)
• NITTO FUNKA KOGYO K.K. (Japan)
• AGSCO Corp (U.S.)
• Carmeuse (Belgium)
• Blue Mountain Minerals (U.S.)
• GCCP Resources Limited (Malaysia)
• Midwest Calcium Carbonates (U.S.)
• Mississippi Lime (U.S.)