Know More About “Calcium Carbonate Market 2019-2025” Growth Worldwide…..|Grand View Research, Inc.


The global calcium carbonate market size is anticipated to reach USD 37.75 billion by 2025, according to a new report by Grand View Research, Inc.,expanding at a CAGR of 7.4% over the forecast period. Rising demand for calcium carbonate across various applications such as paper, plastics, paints & coatings, and adhesives & sealants is anticipated to drive the industry growth.
In terms of volume, paper was the largest application segment in 2018 and the trend is expected to continue over the forecast period. Increasing demand from packaging and hygiene related applications is the key driving factor behind the growth of the paper industry. The growing trend of online shopping is boosting the demand for packaging. This is projected to be fruitful for calcium carbonate during the coming years. In terms of revenue, Asia Pacific was the largest regional segment in 2018 and it is forecasted to grow at a CAGR of 7.3% during the forecast period. The increasing consumption of plastic, paper, paints & coatings, and adhesives & sealants due to the growth of end-use industries like construction and automotive in the region is propelling the demand for calcium carbonate.
The global calcium carbonate market is highly competitive in nature. Its major market participants include Imerys, Parchem Fine & Specialty Chemicals, Omya AG, J.M. Huber Corporation, GCCP Resources, and Mississippi Lime.
Mergers & acquisitions is the key strategy adopted by the players of the market. For instance, in December 2017, Imerys acquired Micron-Ita Indústria e Comércio de Minerais Ltda. a Brazil based producer, which is engaged in production of micronized GCC for polymer applications. The acquisition was aimed at strengthening Imerys’ presence in Brazil.
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In order to gain a competitive advantage in various regional markets, companies focus on expanding their product portfolio to suit their customer needs. Industry participants also offer products in various forms ranging from crushed aggregates to fine powders. The competition in the industry is projected to remain moderate with various organic and inorganic growth strategies.
Further key findings from the report suggest:
  • Paper application accounted for a global volume share of 50.0% in 2018, due to its increasing demand across end-use industries such as education, healthcare, and fast moving consumer goods
  • In terms of revenue, plastics accounted for a share of 10.3% in 2018, owing to the improved performance, processing, and economic advantages offered by calcium carbonate
  • Europe accounted for a revenue share of 27.5% in 2018, and its share is mainly attributable to increasing demand for calcium carbonate in paints & coatings, which are widely being used in growing construction activities
  • In terms of volume, China held the largest calcium carbonate market share in 2018 accounting for a share of 17.8% globally. The increasing production of paper is boosting the demand for calcium carbonate in the country
  • Expansion in the developing markets is one of the strategies adopted by the players. For instance in 2016, Carmeuse along with the GP Group acquired the Golden Lime company, which facilitated Carmeuse’s entry in South East Asia.
Calcium carbonate is found in various minerals including aragonite, pure calcite, and vaterite. It is also found in limestone, chalk, marble, and travertine. It is an extensively used additive and is processed in a wide range of particle sizes to be further utilized as a low cost filler for enhancing the properties of its end-products. It can be broadly classified as ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC).
The product is used as a filler and added to paper pulp or is applied as a coating pigment for increasing the brightness and opacity of paper. The growing demand for paper products in various end-use industries is anticipated to be a major growth driver for the global calcium carbonate market.
According to the Food and Agriculture Organization of the United Nations, the global production of paper & paperboard reached 413 million tons in 2017 from 409 million tons in 2016. China, U.S., Germany, and Japan are amongst the leading paper producers in the world. The increasing production of paper is expected to further augment the demand for calcium carbonate over the forecast period.
The increasing demand for nano calcium carbonate in plastics, rubber, and paints is anticipated to provide further growth opportunities to the global market. The product is an ultra-fine precipitated form of calcium carbonate, which is used as an additive for adjusting the performance characteristics of its end-products. Its demand is increasing in various applications especially in rubber, where it is being preferred as a low cost substitute to carbon black.
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Grand View Research has segmented the global calcium carbonate market report on the basis of application:
Calcium Carbonate Application Outlook (Revenue, USD Million; Volume, Kilotons; 2014 - 2025)
  • Paper
  • Paints & Coatings
  • Plastics
  • Adhesives & Sealants
  • Others
Paper was the largest application segment in 2018, accounting for about 50.0% volume share of the global market. There are several other minerals such as kaolin and titanium dioxide, which are used in paper-related applications, however, calcium carbonate outperforms its substitutes. For instance, it imparts a higher brightness than kaolin and has fewer carbon footprints and low cost than titanium dioxide. These properties are likely to augment the market growth in paper application over the forecast period.
In terms of revenue, paints & coatings is expected to register the fastest growth rate of 8.1% during the forecast period. The increasing construction activities and automotive production in emerging economies is propelling the consumption of paints & coatings. GCC is extensively used in paints as an extender, a rheology modifier, an agent to increase or decrease gloss effect, and as an additive to densify the end-products. This implies that the increasing production of paints & coatings is expected to boost the market growth for GCC over the forecast period.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.




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