Uttarakhand News Today

Calcium Carbonate Market worth $28.3 billion by 2024, at a CAGR of 6.0%

 Breaking News
  • No posts were found

Calcium Carbonate Market worth $28.3 billion by 2024, at a CAGR of 6.0%

February 01
23:29 2021
Calcium Carbonate Market worth $28.3 billion by 2024, at a CAGR of 6.0%

Browse 123 market data Tables and 30 Figures spread through 126 Pages and in-depth TOC on “Calcium Carbonate Market”
Calcium Carbonate Market by Type (GCC and PCC), End-Use Industry (Paper, Plastic, Paints & Coatings, Adhesive & Sealants), and Region (APAC, North America, Europe, South America, Middle East & Africa)

The calcium carbonate market is projected to grow from USD 21.2 billion in 2019 to USD 28.3 billion by 2024, at a CAGR of 6.0% during the forecast period. The growth of the market can be attributed to the increasing consumption of calcium carbonate from various end-use industries such as paper, plastic, and paints & coatings.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=86344547

The ground calcium carbonate segment is projected to account for the largest share

The ground calcium carbonate segment is projected to account for the largest market share, in terms of value, during the forecast period. Ground calcium carbonate is widely used as fillers in the plastic, rubber, and paper industries because of its low cost. It also provides brightness to paints, coatings, and paper. Furthermore, it provides a high level of illumination and light scattering properties.

The plastics end-use industry is projected to register the highest CAGR

Based on end-use industry, plastic is projected to be the fastest-growing end-use industry of calcium carbonate during the forecast period. This is due to the increasing demand for calcium carbonate-reinforced polypropylene from the automotive industry and the ability of calcium carbonate to enhance the properties of plastics and help in improved heat dissipation

APAC calcium carbonate market is projected to account for the largest market share

APAC is estimated to be the leading calcium carbonate market. The growth in the region can be attributed to the growing demand for calcium carbonate from various end-use industries such as paper, plastic, adhesives & sealants, and paints & coatings. The region’s strong industrial base, favorable government policies, and low labor cost are further strengthening the calcium carbonate market.

Imerys (France), Omya AG (Switzerland), Minerals Technologies Inc.  (US), Huber Engineered Materials (US), Mississippi Lime Company (US), Carmeuse (Belgium), Sibelco (Belgium), Midwest Calcium Carbonate (US), Calcinor SA (Spain), and Excalibar Minerals LLC (US) are the key players operating in the calcium carbonate  market.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=86344547

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/calcium-carbonate-market-86344547.html

Related Articles