Calcium Carbonate Market Size, Trends, Growth & Forecast

Calcium Carbonate Market Size, Trends, Growth & Forecast

According to expert insights, the global calcium carbonate market is bustling with potential due to increasing demand from various industries, especially paper, construction, plastics, and more. This comprehensive review offers an in-depth analysis of the market size, trends, growth, and forecasts.

H1 : Minerals Technologies Inc., United States Lime & Minerals, Inc., and Omya were the leading producers of calcium carbonate during the first half of the year. Notably, in April, Minerals Technologies Inc.—a major global producer—announced it had signed three long-term agreements to construct and operate precipitated calcium carbonate (PCC) satellite plants. These agreements involve Andhra Paper Limited in Rajahmundry, India, Nine Dragons Paper in Beihai, China, and Zhejiang Zhefeng New Materials Company in Quzhou, China. The plants are expected to be operational by late this year and early next year, collectively producing over 180 thousand tonnes of PCC annually.

Market Dynamics and Geographical Insights

Regional Trends

In the first half of the year, the Asia Pacific region emerged as the leading consumer of calcium carbonate. During the initial months, China's domestic market experienced a volatile price scenario, starting with abrupt price hikes due to reduced production and lower inventory during the spring festival holidays. However, prices eventually declined by mid-February as manufacturing resumed. In the US market, prices remained volatile, influenced by economic factors such as inflation and financial instability.

Market Size and Growth

Globally, the calcium carbonate market reached around 9 million tonnes and is anticipated to grow at a CAGR of 4.53% until 2028. Its demand is propelled by its extensive use across various industries.

Applications and Industry Demand

Key Industrial Uses

Calcium carbonate is predominantly found in rocks as calcite and aragonite and is either mined or synthesized through chemical processes. This non-toxic, odorless white powder is a crucial component in various industries:

• Construction: Used in cement and as a crucial material in mortar, concrete, and roofing tiles.
• Paper and Pulp: Enhances paper brightness, smoothness, and opacity.
• Paints and Pigments: Serves as a filler that provides opacity and sheen.
• Other uses: Includes applications in plastics, adhesives, sealants, and food products such as baking powder.

Future Forecast and Opportunities

Demand Drivers

The demand for calcium carbonate is driven by its usage in the paper and pulp industry, accounting for approximately 53% of the market in recent years. The construction industry's need for durable and improved materials also significantly boosts market demand.

Regional Consumption Patterns

The Asia Pacific region remains the largest consumer, with future projections showing increased infrastructure developments and rising demand for paints, coatings, and automobiles, further driving calcium carbonate consumption. On the export front, Belgium leads globally despite Asia's high consumption.

Segmentation and Key Players

Industry Segmentation

By end-user industries, the market is segmented into Paper and Pulp, Paints & Coatings, Construction, Plastic, and Others. The Paper and Pulp industry is the largest consumer, employing calcium carbonate primarily as a filler.

Leading Companies

Prominent players include Minerals Technologies Inc., United States Lime & Minerals, Inc., Omya, Imerys S.A., Saudi Carbonate Co. Ltd., Manaseer Group, and several others. These companies have been expanding their capacities and engaging in mergers and acquisitions to dominate the market.

Market Research Insights

ChemAnalyst conducted comprehensive primary research, interviewing manufacturers, suppliers, and other stakeholders. Through this data and secondary sources such as company websites and annual reports, the market's size and growth projections were validated.

Report Scope and Customization

The report segments the global calcium carbonate market by end-use, providing detailed analysis and trends. For specific research needs, ChemAnalyst offers customization options.

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Essential Product Data

• Size: 25 kg
• Manufacturer: Spectrum Chemical
• Catalog Number: CA131
• CAS #: 471-34-1
• MSDS: Material Safety Data Sheet

Calcium Carbonate, Heavy Powder, USP is extensively used in pharmaceutical applications as a solid dosage diluent. All Spectrum Chemical USP grade products adhere to current Good Manufacturing Practices (cGMP).

Terms & Conditions

These chemicals are intended for professional manufacturing, research laboratories, and industrial/commercial use only. Not suitable for medical or consumer use. Orders shipping to consumer or medical facilities will be canceled.

Please note: This product is not returnable. Chemicals cannot be expedited.

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