Ground Calcium Carbonate Market Size, Demand, Analysis and Forecast 2023 – 2033
According to a research report published by Spherical Insights & Consulting, the Global Ground Calcium Carbonate Market Size Expected to Grow from USD 28.18 Billion in 2023 to USD 50.19 Billion by 2033, at a CAGR of 5.94% during the forecast period 2023-2033.
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Ground calcium carbonate (GCC) is a kind of white powder derived from several materials, including calcite, limestone, dolomite, chalk, shells, etc., and is a crucial raw material and is used as a filler in industries as it has greater stability and purity. GCC is utilized in paper, plastic, coatings, paints, cement, and neutralizing combustion vapors. It increases the pH in water or soils. GCC is utilized in adhesive and sealant applications, controlling shrinkage, reducing costs, and maintaining physical strength, viscosity, and properties. It is crucial in hygiene, baby diapers, adult incontinence products, and dietary supplements. It is gaining popularity attributed to its versatility in construction applications, including cement, concrete, and mortar, and its increasing demand for infrastructure like roads, bridges, and airports. It is a crucial component in cement, enhancing its strength and durability, making it an ideal material for construction projects. However, high initial investment, intermittency, and limited awareness of Ground Calcium Carbonate (GCC) solutions can hinder market growth, especially for large-scale projects. Inconsistent weather patterns, and limited understanding among consumers, businesses, and policymakers can also hinder their adoption.
Browse key industry insights spread across 190 pages with 110 Market data tables and figures & charts from the report on the Global Ground Calcium Carbonate Market Size, Share, and COVID-19 Impact Analysis, By End-Use (Paper, Plastic, Paints & Coatings, Adhesives and Sealants, Agriculture, Chemical, Construction, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
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The paints and coatings segment is predicted to grow at the fastest CAGR throughout the projected timeframe.
Based on the end-use, the global ground calcium carbonate market is categorized as paper, plastic, paints & coatings, adhesives and sealants, agriculture, chemical, construction, and others. Among these, the paints and coatings segment is expected to grow at the fastest CAGR throughout the projected timeframe. Ground calcium carbonate enhances paint performances by preventing dense lithopone from sinking, improving, whiteness and lustre, and decreasing latex paint dispersion, making it a most recommended choice in the paints industry.
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Asia Pacific is expected to hold the largest share of the global ground calcium carbonate market throughout the projected timeframe.
Asia Pacific is expected to hold the largest share of the global ground calcium carbonate market throughout the projected timeframe. APAC’s emerging countries, particularly China, India, and South Asia, are increasingly using paper packaging attributed to economic expansion, e-commerce, and various industries, including food, healthcare, education, stationery, and personal care, thereby increasing the demand for paper.
North America is expected to grow at the fastest CAGR growth of the global ground calcium carbonate market throughout the projected timeframe. The North American paint and coatings sector is expanding, with GCC being utilized as a functional filler and pigment extender to enhance durability, opacity, and rheological properties. The demand for architectural, industrial, and surface finishing applications in the US and Canada supports GCC usage.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global ground calcium carbonate market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.Major vendors in the global Ground Calcium Carbonate market are Chemical & Mineral Industries Pvt. Ltd, GLC Minerals, Gulshan Polyols Ltd, Huber Engineered Materials, Imerys, Kemipex, Lhoist, Maruo Calcium Co. Ltd, Minerals Technologies Inc., Mississippi Lime Company, Newpark Resources Inc., OKUTAMA KOGYO CO. LTD, Omya AG, Provale Holding SA, SCHAEFER KALK GmbH & Co. KG., Shiraishi Kogyo Kaisha Ltd, Sibelco, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In August 2022, Cimbar Resources Inc. announced that it had completed the acquisition of Imerys Carbonates USA Inc.’s calcium carbonate manufacturing assets in Sahuarita, Arizona, in order to broaden its portfolio and support its goal of providing a diverse range of products to customers in multiple locations.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global ground calcium carbonate market based on the below-mentioned segments:
Global Ground Calcium Carbonate Market, By End User
- Paper
- Plastic
- Paints & Coatings
- Adhesives and Sealants
- Agriculture
- Chemical
- Construction
- Others
Global Ground Calcium Carbonate Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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