Indian calcium carbonate market is estimated to grow at a CAGR of 5.1% during the forecast period. Growing plastics and paper industry is a key factor accelerating the market growth. Plastics manufacturing has been witnessed significant growth in India. For instance, as per the India Brand Equity Foundation (IBEF), the Indian plastics industry hosts over 2,000 exporters and comprises over 30,000 processing units, 85–90% of which are SMEs. In August 2020, the country exported plastics valued at $838 million, and the export during April–August 2020 was $3.9 billion. Calcium carbonate is used as an additive in plastic compounds that supports to reduce surface energy and offers surface gloss and opacity, which improves surface finish. Additionally, when the particle size is carefully controlled, calcium carbonate supports to increase both flexural modulus (stiffness) and impact strength. It may be used with several thermoplastic resins.
The market is segmented based on the type and end-user industry. Based on type, the market is segmented into ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). Expansion of PCC production plant have been witnessed in the country, which in turn, is offering an opportunity for PCC consumption in the country. For instance, in May 2019, Minerals Technologies Inc. declared that it has signed an agreement with Century Pulp & Paper, Division of Century Textiles and Industries Ltd., to install a 45,000 metric ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Lalkuan, District Nainital, India. This new facility is scheduled to commence operation in the second quarter of 2020. Based on the end-user industry, the market is segmented into paper, adhesives and sealants, plastics, paints and coatings, construction, and others.
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Indian 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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Company Profiles
- Aranthangi Chemicals Pvt. Ltd. (ACPL)
- Calchem Industries, Ltd.
- Chemical & Mineral Industries Pvt. Ltd.
- Gulshan Polyols Ltd (GPL)
- Imerys S.A.
- Indo Chemicals Pvt. Ltd.
- M. Huber Corp.
- Jay Minerals
- Lhoist Group
- Mewar Microns
- Mountain Minerals and Microns, Ltd.
- Omya International AG
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