The global calcium carbonate market is estimated to grow at a CAGR of 3.5% during the forecast period. Significant applications of calcium carbonate in the plastics and paper industry are the major factor in driving the market growth. Calcium carbonate is used as an alternative in papermaking and is regarded as a major filler in the manufacturing of uncoated digital printing paper. Calcium carbonate improves several properties of paper, including dimensional stability, opacity, write ability, brightness, sheet formation, and printability, and supports enhanced furnish drainage rate, productivity, and machine speed. The major cause behind the potential use of calcium carbonate is the demand for bulkier and brighter paper.
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Ground calcium carbonate (GCC) has high brightness and is cost-effective. It develops a porous surface on the paper sheet owing to its rhombohedral particle shape. Additionally, precipitated calcium carbonate (PCC) is a low-cost mineral for the production of high-quality paper and paperboard through the substitution of huge costly additives, wood pulp, or other minerals. Coating PCC has benefits over GCC owing to its superior gloss and opacity. Owing to these potential uses, the growth in the paper industry is offering additional opportunities for market growth. For instance, as per the International Energy Agency (IEA), the global paper and paperboard output rose by more than 25% between 2000 and 2018. The growing paper production is in turn, accelerating the growth of the market.
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Scope of the Global Calcium Carbonate Market
Market Coverage
- Market number available for 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered- By Type and End-User Industry
- Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World
- Competitive Landscape- Imerys S.A., Omya International AG, Minerals Technologies Inc., J.M. Huber Corp., and Mississippi Lime Co.
Recent Strategic Initiatives in the Global Calcium Carbonate Market
- In August 2019, Mississippi Lime Co. acquired Calera, Alabama lime business of Covia, operating historically as Southern Lime. Covia supplies high-calcium quicklime and hydrated lime products to customers in the Southeastern US, and across several end-uses and applications. This acquisition enhances Mississippi Lime’s manufacturing facilities to nine locations, led by a network of distribution locations throughout the US. The Southern Lime business and its Calera, AL facility will be completely integrated into Mississippi Lime.
- In March 2019, Huber Engineered Materials (HEMs), declared the acquisition of Miller Chemical & Fertilizer, LLC. The Miller acquisition further enhances HEM’s mission to establish a diverse portfolio in the mineral and chemical markets.
Global 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
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
