Calcium Carbonate Market Size Worth $84.11 Billion By 2032 | CAGR: 6.7%

Calcium Carbonate Market Size Worth $84.11 Billion By 2032 | CAGR: 6.7%

The global calcium carbonate market size is expected to reach USD 84.11 billion by 2032, according to a new study by Polaris Market Research. The report “Calcium Carbonate Market Share, Size, Trends, Industry Analysis Report, By Application (Paper, Paints & Coatings, Plastics, Adhesives & Sealants, and Others); By Product Type; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increase in the expenditure on construction and infrastructure sector across the globe and significant growth in the demand for calcium carbonate from pharmaceutical industries as an inert filler and due to its bright white color, it is an effective and perfect pigment supplier and attractive substitute for the titanium dioxide, which is likely to impact the global market in a positive way.

Additionally, in order to cater the highest gain from the market, major players are constantly increasing their production capacities are also investing in the development of new products and backward chain integration to reduce production costs and improve the supply chain efficiencies are further likely to create huge growth opportunities for the market.

For instance, in December 2022, Omya, unveiled its new product named “Omlyloop” a recyclable CaCo3 product that is mainly designed to facilitate polymers industry transformation towards sustainable circular economy. The product is available in most used in form of particle sizes in the polymer manufacturing.

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Due to its light scattering, paper-brightening, and innovative ink retaining properties, the product has gained significant traction and popularity across numerous industrial verticals. In addition, therapeutic application of the calcium carbonate including its utilization as a phosphate buffer in the hemodialysis process, anta-acid in gastric hyper-acidity, & calcium supplement to prevent and treat the osteoporosis effectively.

Rising world population has significantly led to rise in the demand for hygienic and comfortable diapers, which in turn, creating high penetration for calcium carbonate as it is highly used in the production of breathable films used in the diapers. Moreover, it has found vast application in propylene compound, that is mainly used to improve and increase the rigidity and providing better opacity and surface gloss, due to which, the product consumption has seen tremendous growth in recent years.

Calcium Carbonate Market Report Highlights

  • Paper segment accounted largest market share in 2022, on account of wide utilization of the product in the paper & pulp industry as a filler as it helps in improving the brightness and opacity of the paper
  • Precipitated calcium carbonate segment is expected to grow at a high CAGR over the projected period, which is mainly driven by growing adoption in numerous industrial applications such as polymers and paper
  • Asia Pacific region dominated the global market in 2022 with healthy market share, owing to rapid growth in the construction industry and continuous rise in the investments in manufacturing sector to meet the changing consumer needs
  • The global key market players include Greer Limestone Company, Mountain Minerals, Gulshan Polyols, Midwest Calcium Carbonate, Blue Mountain Minerals, and United States Lime & Materials

Polaris Market Research has segmented the calcium carbonate market report based on application, product type, and region:

Calcium Carbonate, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Paper
  • Paints & Coatings
  • Plastics
  • Adhesives & Sealants
  • Others

Calcium Carbonate, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Ground Calcium Carbonate
  • Precipitated Calcium Carbonate

Calcium Carbonate, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa