Introduction
Calcium carbonate is a naturally occurring substance found in rocks as minerals aragonite and calcite. Calcium carbonate is insoluble in water and generally appears in odorless white powder.
Factors such as increasing demand for paper from packaging applications and hygiene-related products like tissue paper are driving the market growth. However, increasing costs due to high transportation charges are limiting the market growth.
Despite the current pandemic situation, the end-users of this market are recovering from operating in full capacities from 2021 beginning. Along with this, the recovering manufacturing activities across the globe are expected to mitigate numerous potential negative impacts caused during COVID-19 and maximize their opportunities in the future.
Table of Contents
Executive Summary
Scope of the report
Research Methodology
Executive Summary
Introduction
5.1 Parent Market/ TAM
5.2 Market Outline
5.3 Market Segmentation
6. Five Force analysis
7. Market Sizing
8. Market segmentation
9. Geographical Landscape
9.1 APAC
9.2 Europe
9.3 North America
9.4 ROW
10. Growth drivers
10.1 Cost-efficiency of calcium carbonate
10.2 Growing construction activities
11. Key Market Trends
12. Impact of Covid-19
13. Challenges
14. Customer Insights analysis
15. Major Market Players
15.1 Imerys
15.2 Omya
15.3 Minerals Technologies
15.4 Huber Engineered Materials
15.5 Mississippi Lime Company
15.6 Carmeuse
15.7 Calcinor
15.8 Midwest Calcium Carbonate
15.9 GLC Mineral
15.10 Provencale
16. Recent Developments
17. Future Scope
18. Strategic Recommendations
Market Overview
The Global calcium carbonate market is expected to grow to $53.40 billion by 2025.
Growth momentum is expected to accelerate during the forecast period with 3.39% CAGR.
Growing demand for brighter and bulkier paper is the key driver behind the preference for calcium carbonate in the paper industry.
APAC region dominated the market in 2020 due to rising investments in the infrastructure development and manufacturing sector.
Key Trends
Rising consumer awareness regarding the environmental impact of automobiles coupled with rising demand for the electric automobile is likely to create opportunities for the market in the coming years.
An emerging trend for the usage of nano-precipitated calcium carbonate is expected to drive the future market.
Key Market Players
Some of the key players in the market are Imerys, Omya, Minerals Technologies, Huber Engineered Materials, Mississippi Lime Company, Carmeuse.
The key players are highly competitive in nature. Also, many manufacturers are looking forward to vertically integrated across the value chain and are engaged in both forward and backward integration.
Growth Drivers and Challenges
The cost-efficiency of calcium carbonate is driving the market demand.
Increasing demand from paper and plastic industries in APAC is driving the market.
Growing construction activities is also one of the major drivers for the market.