Calcium Carbonate Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted April 2, 2024 by mansi3210

The global calcium carbonate market is estimated to grow at a CAGR of 3.5% during the forecast period.

 
The global calcium carbonate market is estimated to grow at a CAGR of 3.5% during the forecast period. Some pivotal factors accelerating the market growth include a significant application in the plastics and paper industry and the cost-effectiveness of calcium carbonate. As a mineral filler, calcium carbonate is extensively utilized in the plastics industry. The use of calcium carbonate in rigid packaging has significantly increased over the years. As a resin extender, the incorporation of calcium carbonate in the plastics industry has been demonstrated to support improved processing, increased performance, and improved sustainability of the finished part. As a plastics additive, calcium carbonate is 100% FDA approved, which supports versatility among applications in critical areas such as medical packaging, food packaging, and foodservice packaging markets.

Calcium carbonate powder has applications across polyvinyl chloride (PVC) pipes, footwear, cables, leather, flooring, and more. Specialized grades of calcium carbonate are utilized in the manufacturing of tensile and rigid PVC pipes. These are used as fillers to finish the impact strength of plastics. Growing plastics industry owing to its potential demand across several end-use industries such as construction, automobile, and electrical and electronics. As per the PlasticsEurope, the European plastics industry generated a turnover of over $413.3 billion in 2018. The industry had a positive trade balance of over $17.2 billion in 2018. The growth in the plastics industry is in turn driving the adoption of calcium carbonate to improve gloss finish and tensile strength of plastic materials.

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Calcium Carbonate Market Segmentation

By Type

Ground Calcium Carbonate
Precipitated Calcium Carbonate
By End-User Industry

Paper
Adhesives and Sealants
Plastics
Paints and Coatings
Construction
Others
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Regional Analysis

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Company Profiles

ACCM
Agsco Corp.
Blue Mountain Minerals
Calchem Industries, Ltd.
Calcinor Servicios S.A.
Carmeuse
Chemical & Mineral Industries Pvt. Ltd.
Fujian Sanmu Nano Calcium Carbonate Co., Ltd.
GLC Minerals, LLC
Greer Industries, Inc.
Gulshan Polyols, Ltd (GPL)
Imerys S.A.
M. Huber Corp.
Kerford Limestone
LafargeHolcim, Ltd.
Lhoist Group
Maruo Calcium Co. Ltd.
Minerals Technologies, Inc.
Mississippi Lime Co.
Mountain Minerals and Microns, Ltd.
Newpark Resources, Inc.
Okutama Kogyo Co., Ltd.
Omya International AG
Parchem Fine & Specialty Chemicals
Provale Holding S/A
Schaefer Kalk Sdn Bhd
SCR Sibelco N.V.
Shiraishi Kogyo Kaisha, Ltd.
United States Lime & Minerals, Inc.
US Aggregates
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Last Updated April 2, 2024