Global Calcium Carbonate Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Calcium Carbonate Market By Product Type & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the calcium carbonate market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia-Pacific region dominates the calcium carbonate market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Calcium carbonate is founded in rocks mostly known as limestone and it is the important component of pearls and shells of marine organisms, snails and eggs. In pharmaceutical industries it is commonly used as calcium supplement but excess consumption can be hazardous to health. Also calcium carbonate is majorly used in plastic and paper industries. It can also use to adjust the pH level of water by using neutralization process which helps to clean and get pure treated water. However, calcium carbonate is one of the most amply occur minerals on earth around 4% of earth’s crust. The use of calcium carbonate in construction, steel and agrochemicals is tremendous all across the world.
As calcium carbonate is a great replacement to kaolin, high brightness and light scattering characteristics increase the use of calcium carbonate in paper industries which helps to drive the overall market growth. As well as calcium carbonate used to make mortar in bonding bricks, concrete blocks, stones, tiles. It decomposes to get carbon dioxide and lime which are essential material in making steel, glass and paper. So, steel & construction industries help to drive the calcium carbonate market. Calcium carbonate also found in many personal care and food products such as, baking powder, toothpaste, dry-mix dessert mixes, dough, and wine.
However, environmental hazards of mining limestone and issues regarding excessive usage of calcium carbonate as dietary supplements hinder the expansion of calcium carbonate market. Asia Pacific region is leading the highest market share in calcium carbonate market across the globe followed by Europe and North America due to rapid growth and new establishment of paper and plastic industries. Due to less price and easy availability, China’s paper making industries started opting calcium carbonate instead of kaolin. Daily usage of coffee cups, tissues, printing paper, and packing material in North American region grows the calcium carbonate market. Also, increase in agro-culture in Mexico fuel up calcium carbonate demand for the market.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global calcium carbonate market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: Imerys Pigments, GLC Minerals, LLC, Midwest Calcium Carbonates, AGSCO Corporation, J.M. Huber Corporation, Cerne Calcium Company, The National Lime & Stone Company, Blue Mountain Minerals, Omya, Mineral Technologies Inc., Imerys Pigments, and Parchem Specialty & Fine Chemicals.
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