Calcium Carbonate Market Expected to Rise at 4.41% CAGR during 2024-2032 | IMARC Group

SHERIDAN, WYOMING, UNITED STATES, July 8, 2024 /EINPresswire.com/ -- IMARC Group's report titled "Calcium Carbonate Market Report by Type (Ground Calcium Carbonate (GCC), Precipitated Calcium Carbonate (PCC)), Application (Paper, Paints and Coatings, Plastics, Adhesives and Sealants, and Others), and Region 2024-2032". The global calcium carbonate market size is expected to exhibit a growth rate (CAGR) of 4.41% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/calcium-carbonate-technical-material-market-report/requestsample

Factors Affecting the Growth of the Calcium Carbonate Industry:

● Increasing Demand in Various Industries:

The calcium carbonate industry is experiencing significant growth due to its versatile applications in numerous sectors. Industries such as construction, paper and pulp, plastics, pharmaceuticals, and agriculture rely heavily on calcium carbonate as a basic raw material. As these sectors expand and diversify, the demand for calcium carbonate has increased. Its vital role in enhancing product properties from improving paper quality to reinforcing plastic materials is fueling market growth, making it a vital component in countless manufacturing processes around the world.

● Growing Awareness of Environmental Benefits:

Growing environmental concerns around the world is another major factor that has accelerated the adoption of calcium carbonate. This naturally occurring mineral is widely used as a filler and coating agent in paper, plastics, and other products, reducing the need for more resource-intensive materials, thereby fostering market growth. Besides this, the heightening adoption of calcium carbonate in manufacturing practices owing to its eco-friendly attributes, such as its ability to enhance recyclability and reduce waste, has augmented the product demand. Industries are increasingly choosing calcium carbonate to align with eco-conscious consumer preferences, thus fueling market growth in an environmentally responsible manner.

● Expanding Construction and Infrastructure Projects:

The calcium carbonate sector is witnessing rapid growth due to the significant expansion of construction and infrastructure development across the world. Calcium carbonate serves as a vital component in the production of concrete and other construction materials. With the ongoing urbanization and infrastructure projects in various regions, there has been an increase in the demand for calcium carbonate. Its role in enhancing the strength and durability of construction materials ensures its indispensable position in the construction sector. As more and more countries invest in infrastructure development and urban expansion, the calcium carbonate industry continues to experience strong growth driven by the increase in construction activities globally.

Leading Companies Operating in the Global Calcium Carbonate Industry:

● 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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Calcium Carbonate Market Report Segmentation:

By Type:

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

Ground Calcium Carbonate (GCC) represented the leading segment due its widespread use in various industries, including paper, plastics, and construction.

By Application:

● Paper
● Paints and Coatings
● Plastics
● Adhesives and Sealants
● Others

Paper represented the largest segment owing to calcium carbonate's role as a filler and coating agent, enhancing paper quality and printability.

Regional Insights:

● North America: (United States, Canada)
● Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
●Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
● Latin America: (Brazil, Mexico, Others)
● Middle East and Africa

Asia Pacific’s dominance in the calcium carbonate market is attributed to its growing industrialization, particularly in countries like China and India.

Global Calcium Carbonate Market Trends:

Increasing demand from diverse industries, including construction, paper and pulp, plastics, and pharmaceuticals, is stimulating the market growth. The versatility of calcium carbonate and its wide applications in these sectors make it an indispensable raw material. Moreover, growing environmental awareness has accelerated the rate of product adoption, as it serves as an eco-friendly alternative in reducing environmental impact, especially in paper and plastic production. Moreover, the expansion of construction and infrastructure projects across the world, especially in regions such as Asia Pacific, has fueled the demand for calcium carbonate as an essential component in concrete and construction materials, thereby contributing to market growth.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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