Global Calcium Carbonate Market Share Expected to Grow at a CAGR of 5.5% by 2030 – Custom Market Analysis

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Global Calcium Carbonate Market Size, Share, Growth Analysis Report by Region – Global Industry Overview, Statistical Data and Forecast 2022-2030

SANDY, UTAH, USA, July 25, 2022 /EINPresswire.com/ — According to Custom Market Insights, the value of the global market calcium carbonate market the size was around USD 42 billion in 2021, and between 2022 and 2030 it is expected to increase at a CAGR of around 5.5%. The study examines the market drivers and restraints and the effects each will have on the demand over the forecast period. The document also examines the international opportunities in the calcium carbonate market.

Calcium Carbonate Market: Overview

The chemical known as calcium carbonate has the formula CaCO3. Natural occurrences of it include minerals and rocks like calcite, limestone, chalk, marble, and aragonite. The natural or pure form of calcium carbonate is used. From natural sources, pure calcium carbonate is extracted using a variety of methods including mining and quarrying.

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Growth factors

The industries that use calcium carbonate the most today are those that produce paper, plastics, paints and varnishes, adhesives and sealants. Additionally, calcium nanocarbonate can be used for other purposes. Researchers are particularly interested in the therapeutic benefits of calcium nanocarbonate. Calcium carbonate materials are biocompatible and biodegradable, making them great choices for smart carriers of drugs, enzymes, and DNA. These nanoparticles are being studied for therapeutic purposes, such as delivering anticancer drugs, antibacterial agents, and genes to cancer cells. These prospective uses provide a variety of opportunities for the calcium carbonate industry to grow in the future.

Segmental overview

A significant growth driver for the market is the growing demand for paper for packaging applications and hygiene-related products like tissue paper. However, the coronavirus outbreak has lowered demand for products in 2020. In the first half of 2020, widespread pandemic shutdowns had a significant negative impact on the global economy. Businesses are working hard as restrictions are eased in the second half. Additional strength to continue working positive indications of market expansion.

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In 2021, the paints and coatings market has become the second largest application market. The paints and coatings industry uses the product in a wide range of applications. It functions as a thinner, rheology modifier and additive to improve density, reducing or conditioning agents and thinners. Despite a wide range of uses, in 2021 a production stoppage that affected the entire production and supply chain of the paints and coatings industry impacted demand for products in this application category.

Regional overview

In 2021, Asia-Pacific controlled the global market. The region is expected to continue growing between 2022 and 2030 at a stable CAGR owing to increased investment in manufacturing and infrastructure development. However, the pandemic has had a huge impact on the supply chain and manufacturing processes.

Analysis of key players

These leading competitors in the blockchain market along with their business profiles, recent advancements, and significant market strategies are subject to an in-depth competitive analysis in the study. Minerals Technologies Inc., Omya AG, Huber Engineered Materials, Mississippi Lime Company, Shiraishi Kogyo Kaisha, Ltd., Okutama Kogyo Co., Ltd. and Newpark Resources, Inc. are some of the participants.

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Some of the prominent players

AGSCO Corp.
Blue Mountain Minerals
ILC Resources
GLC Minerals, LLC
GCCP Resources

The global calcium carbonate market is segmented as follows:

By type

GCC
CCP

Per end user

Paper
Plastic
Paints and coatings
Adhesive and sealants

By geography

North America
United States
Canada
Mexico
Europe
France
Great Britain
Spain
Germany
Italy
The rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Egypt
Kuwait
South Africa
Rest of the Middle East and Africa
Latin America
Brazil
Argentina
Rest of Latin America

About Us

Custom Market Insights is a market research and consulting firm that provides business insights and market research reports to large, small and medium-sized businesses. We help our clients with business strategies and policies and regularly work towards achieving sustainable growth in their respective fields.

Custom Market Insights provides a one-stop solution for data collection and investment advice. Our expert company analysis elicits essential factors that help in understanding the importance and impact of market dynamics. The professional experts apply the clients inside on aspects such as future estimate drop strategies, growth forecasts or opportunities, and consumer surveys.

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