PUBLISHER: Value Market Research | PRODUCT CODE: 1288920
PUBLISHER: Value Market Research | PRODUCT CODE: 1288920
The global demand for Calcium Carbonate Market is presumed to reach the valuation of nearly USD 16558.92 MN by 2030 from USD 9998.09 MN in 2022 with a CAGR of 6.56% during the period of 2023-2030. Whereas with regards to volume, the market was calculated 17366.08 Kilo Tons in 2022 and foreseen to touch 25139.04 Kilo Tons by 2030 with a CAGR of 4.80% during 2023-2030.
Calcium Carbonate commonly referred to as chalk, a compound of calcium and carbonate is mined from rocks as calcite. It is one of the most found minerals. It is also found in living organisms like crustaceans and eggshells. The most common uses of this chemical are in the construction industry for the manufacture of cement and as a component in chalkboard. The various other applications of calcium carbonate include iron extraction, disinfectant for swimming pools, ceramic glass, agriculture, scrubbing agent, adhesive, paints, paper and in refining sugar. It is used in the manufacture of drugs for hypocalcaemia.
The rapidly expanding global constructions will be the main driver for the growth of the calcium carbonate market. The growing demand for this chemical as a filler in paper, rubber, plastics, paints will augment the growth of this market. The use of calcium carbonate can reduce the dependence on petroleum products in the plastic industry and lessen the greenhouse effect, can be a key driver for the market. The research activities carried out in using this biodegradable material in drugs will augment the market growth. The use of calcium drugs on people with hypertension and COVID-19 has reduced the severe effect of the pandemic. The high production costs and the reported cases of respiratory issues on prolonged exposure can be few restraints acting against market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of calcium carbonate.
The entire calcium carbonate market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
This section covers regional segmentation which accentuates on current and future demand for calcium carbonate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the calcium carbonate market include AGSCO Corp., Carmeuse, Blue Mountain Minerals, GCCP Resources, GLC Minerals LLC, Greer Limestone Company, Gulshan Polyols Ltd., ILC Resources, Imerys, J.M. Huber Corp., LafargeHolcim, Midwest Calcium Carbonates, Mineral Technologies, Mississippi Lime, Omya, Parchem Fine & Specialty Chemicals, The National Lime & Stone Company, United States Lime & Minerals Inc. Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.