Calcium Carbonate Market Expected to Rise at 5.07% CAGR during 2022-2027
SHERIDAN, WYOMING, UNITED STATES, December 7, 2022 /EINPresswire.com/ -- IMARC Group has recently released a new research study titled “Calcium Carbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the calcium carbonate industry?
The global calcium carbonate market is expected to exhibit a CAGR of 5.07% during 2022-2027.
What is a calcium carbonate?
Calcium carbonate is a crystalline, tasteless, colorless, and odorless carbonic salt of calcium. It is obtained from limestone rocks by mining and quarrying procedures and can be manufactured commercially through the decomposition and re-carbonization of carbon dioxide. Calcium carbonate is frequently found in precipitates and grounded forms, and it is widely used as a whitening agent, mineral filler, and alkalizing agent as well as in the production of plastics, paints, papers, rubber, and adhesives. Additionally, this substance is utilized in pharmaceutical products as a calcium component to enhance bone health and as an antacid to lessen heartburn, acid indigestion, and other digestive issues.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What are the major market drivers in the calcium carbonate market?
One of the main factors propelling the calcium carbonate market is the growing use of the product in paper mills as a filler material in alkaline papermaking processes due to its advantageous high brightness and light scattering properties and as a replacement for wood pulp, additives and minerals, premium-quality paper, and paperboard. In addition, the increasing demand for this chemical in the manufacture of lightweight car components and polyvinyl chloride (PVC) packaging is fueling market expansion. Additionally, calcium carbonate is used to make products for personal hygiene as well as an extender and filler for paints, which is also boosting the global market. In addition, a number of innovations—such as the creation of nanomaterials with biodegradable and biocompatible properties—are serving as important growth-promoting elements. Additionally, the
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Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
Ground Calcium Carbonate (GCC)
Precipitated Calcium Carbonate (PCC)
Breakup by Application:
Paper
Paints and Coatings
Plastics
Adhesives and Sealants
Others
By Geography:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
Blue Mountain Minerals
Carmeuse (Carmeuse Lime Inc.)
GCCP Resources
GLC Minerals LLC (Hurlbut Holdings Inc.)
Greer Limestone Company
Gulshan Polyols Ltd
Imerys (Belgian Securities B.V.)
M. Huber Corporation
LafargeHolcim
Minerals Technologies Inc
Mississippi Lime Company
Omya AG
Parchem Fine & Specialty Chemicals
United States Lime & Minerals Inc. (Inberdon Enterprises Ltd.)
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.
Elena Anderson
IMARC Services Private Limited
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Distribution channels: Chemical Industry
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