The global calcium carbonate market is fairly fragmented due to the availability of lucrative opportunities and is likely to support a large number of market players in the coming years. The leading players in the global calcium carbonate market include Maruo Calcium Co. Ltd., Shiraishi Kogyo Kaisha Ltd., Omya AG, Huber Engineered Materials, Great Lakes Calcium Corp., Minerals Technologies Inc., Solvay SA, Mississippi Lime Co., Excalibar Minerals, Schaefer Kalk GmbH & Co. KG, and Imerys. While the global calcium carbonate market is expanding steadily, dominance of the existing market leaders could restrict the entry of new players into the market in the coming years.
According to Transparency Market Research (TMR), the global calcium carbonate market is expected to be valued at more than US$25 bn by the end of 2019.
This 102 page report gives readers a comprehensive overview of the Calcium Carbonate Market. Browse through 19 data tables and 26 figures to unlock the hidden opportunities in this market.
Ground Calcium Carbonate Likely to Dominate Global Calcium Carbonate Market
The global calcium carbonate is bifurcated into ground and precipitated calcium carbonate on the basis of product type. Ground calcium carbonate is likely to remain the leading contributor to the global calcium carbonate market in the coming years due to its widespread production across the competitive chain of the market. The production of precipitated calcium carbonate is limited to certain companies and is likely to trail the ground calcium carbonate segment in the global market in the coming years. However, the better physical characteristics of precipitated calcium carbonate are likely to ensure a steady rise in its demand in the coming years.
Regionally, the global calcium carbonate market is led by Asia Pacific, which is likely to remain the leading contributor in the coming years due to the steady availability of raw materials in the region and the rapid growth of several end use applications in the region’s developing economies. Asia Pacific is expected to take up a majority share in the global calcium carbonate market by the end of 2019. Developed economies in North America and Europe are not likely to be great movers in the global calcium carbonate market in the coming years, with the two regional markets likely to exhibit a negligible decline in market share over the forecast period. However, they are still likely to retain significant shares in the global calcium carbonate market due to the steady growth of various end use applications.
Booming Construction Industry Likely to Remain Influential for Global Calcium Carbonate Market
The prime driver for the global calcium carbonate is the rising demand from the construction industry, where calcium carbonate is a major ingredient of cement. The construction industry boom in Southeast Asia, particularly in rising economies such as India and China, is thus likely to remain a key contributor to the global calcium carbonate market in the coming years. The global calcium carbonate market also derives an important share of its revenue from the paints and coatings industry, where calcium carbonate is used as an extender. The rising construction industry is thus likely to a dual impact on the global calcium carbonate market in the coming years.
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The growth of the education industry in Asia Pacific and several other emerging regions is also likely to remain a key driver for the global calcium carbonate market in the coming years, as it has driven the demand for books, notebooks, and other stationery material. Calcium carbonate is used as a brightener in paper, making it a key beneficiary of the rising demand for paper. The paper industry accounted for more than 40 mn tons in 2016 and is expected to rise to close to 46 mn tons over the forecast period.
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