According to the ChemAnalyst report, “Global Calcium Carbonate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Foreign Trade, 2015-2035”, The Calcium Carbonate market is likely to experience a significant increase by reaching 16150 thousand tonnes in 2035, at a CAGR of 4.49% in the upcoming years. The demand for Calcium Carbonate is anticipated grow in the forthcoming years because of the rising demand from end-use industries such as Paper and Pulp, Paint & Coating, etc.
As of 2021, the consumption of Calcium Carbonate is approximately 8700 thousand tonnes. It is mainly obtained from mining or quarrying and is used further as a popular chemical for different industries. Calcium Carbonate is used in various sectors such as construction, painting & coatings, pulp & paper, chemical Industry, plastic industry, food industry.
Calcium Carbonate market is primarily driven by its application in the Paper and Pulp industry. Calcium Carbonate is a whitening and brightening agent, making it a widely used product in the paper and pulp industry, causing the demand for Calcium Carbonate globally. Paper is widely employed in packaging materials, medical specialized sheets, sanitation paper products, and flexible packaging, which is propelling the demand for calcium carbonate on a global level. Calcium Carbonate is employed as an agent to adjust the sheen, an extender, a rheology adjuster, an addition to increase density in the paint and coating industry. The demand of paints and coatings is anticipated to rise in the forthcoming years with major demand from automotive and construction sector, that will propel the Calcium Carbonate demand by 2035.
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The Calcium Carbonate market is segmented based on end-use, sales channel, and region. Based on end-uses, the Calcium Carbonate market is segregated into industries such as Paper and Pulp, Paints & Coatings, Construction, Plastic, and others. The Paper and Pulp industry dominates the Calcium Carbonate market around the globe. It will likely stay the most significant end-user industry during the forecast period, owing to the rapidly growing demand of tissue paper and paper products.
The Asia Pacific is the leading consumer of Calcium Carbonate among all other regions. This region is anticipated to maintain its dominance during the forecast period. Due to the growing demand for Calcium Carbonate in the Paper and Pulp industry and the Construction industry, the global Calcium Carbonate market is anticipated to flourish in the forecast period. Currently, Belgium is the leading producer of Calcium Carbonate. This European region is expected to grow production as per the rising demands.
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“Global Calcium Carbonate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Foreign Trade, 2015-2035”, the significant players functional in the Calcium Carbonate market include Global Calcium Carbonate are Minerals Technologies Inc., United States Lime & Minerals, Inc., Omya, Imerys S.A., Saudi Carbonate Co. Ltd., Manaseer Group., OKUTAMA KOGYO CO.,LTD., Global Group of Companies (GGC), Arabian Calcium Carbonate Co., National Carbonate Companies, Emirates Calcium Carbonate factory, Golden Lime Public Company Limited, United Compounding Industrial Company, Ascom Carbonate and Chemical Manufacturing (ACCM), and Fujian Sanmu Nano calcium Carbonate Co., Ltd.
“The rapidly increasing demand of Calcium Carbonate due to its whitening and opacity-enhancing qualities, which are employed in the paper and pulp sector as well as paint and coating industry is propelling the Calcium Carbonate market in the forecast period. The demand for calcium carbonate is expected to increase significantly in the Asia Pacific area during the forecast period, driven by the construction and paper & pulp industries, which is anticipated to further grow owning up to industrialization in this region by 2035. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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