According to study, “Global Calcium Carbonate Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global calcium carbonate market are Omya AG, Minerals Technologies Inc., Imerys Mineral Ltd.,Calcium Products, Huber Engineered Materials, Takehara Kagaku Kogyo, Mineraria Sacilese, Nitto Funka, Fimatec, Bihoku Funka Kogyo, Sankyo Seifun, Nuberg Engineering Ltd., Indocal Industry, Shiraishi Kogyo Kaisha Ltd., Keyue Technology, TCM Machinery, APP, Jiawei Chemical, Formosa Plastics, Changzhou Calcium Carbonate Ltd., Guangdong Qiangda New Materials Technology Co. Ltd., Jinshan Chemical, Calchem, Fujian Sanmu Nano Calcium Carbonate Co. Ltd., VMPC, Chemical & Mineral Industries Pvt Ltd., GLC Minerals LLC, Lhoist, Graymont Limited, Maruo Calcium Co. Ltd., ACMA, Mississippi Lime Company, Okutama Kogyo Co. Ltd., Newpark Resources Inc., Schaefer KalkSdn Bhd, Provale Group.
Calcium carbonate or CaCO3 is a chemical natural compound of carbohydrate salt. It is composed of three elements oxygen, carbon, and calcium. It is a white solid, non-toxic and odorless. It is used as a calcium supplement or as an antacid medicinally. It occurs naturally in numerous mineral forms including the aragonite, pure calcite, and vat rite minerals as well as the impure minerals such as limestone, marble, chalk, and travertine. It is also the main chemical constituent of sea shells, eggshells, snail shells, oyster shells, corals, etc. It is soluble in acetic acid, lactic acid, citric acid, and phosphoric acid. Its pH is above 6 and extensively used in commercial &industrial applications. It is used for producing various chemical compounds for instance polyvinyl chloride (PVC), polypropylene, unsaturated polyester, polyethylene, and rubber.
Based on type, calcium carbonate market is segmented into Precipitated Calcium Carbonate (PCC) and Ground Calcium Carbonate (GCC). Based on application, market is segmented into raw substance for construction material, additive for thermoplastics, dietary supplement, component of adhesives, filler & pigment, neutralizing agent in soil, desulfurization of fuel gas and other applications. In addition, based on end-user industries, market is segmented into paper, adhesive & sealant, plastic, construction, pharmaceutical, paints & coatings, agriculture, automotive, rubber and others.
The calcium carbonate market is driven by expand in additive coating industry, followed by increase in investments in construction sector, rise in demand from paper & plastic industries, growth in the use of pharmaceutical industries for manufacture of medicinal tablets, increase in awareness for personal & surrounding’s hygiene and rise in use of alkaline based process technology. However, health safety regulations from government, limited reserves of calcium carbonate and increase in cost due to high transportation charges may impact the market. Moreover, rise in investment in developing countries is a key opportunity for market.
Based on geography, the Asian-Pacific region holds major share in calcium carbonate market owing to rise in demand from industries such as paper & pulp, plastic, and automotive and growth in construction activities in the region. The North-American and European regions are expected to witness higher growth rate due to rise in demand from food & beverage, painting & coatings and high production & sales of paper & pulp products over the forecast period. Furthermore, The Middle East & Africa region is also expected to experience a substantial market growth as a result of expand in infrastructural activities during the forecast period.
For more information on the research report, refer to below link:
Global Calcium Carbonate Market
Related Reports
Global Ground Calcium Carbonate Market Analysis 2013-2018 and Forecast 2019-2024
Global Precipitated Calcium Carbonate (PCC) Market Analysis 2013-2018 and Forecast 2019-2024
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