According to the report by Expert Market Research (EMR), the Global Calcium Carbonate Market Growth is projected to grow at a CAGR of 4.2% between 2023 and 2028. Aided by the escalating demand for calcium carbonate in a diverse range of applications and sectors, the market is expected to grow significantly by 2028.
Calcium carbonate is a common substance found in rocks as the minerals calcite and aragonite. It is a key ingredient in agricultural lime and is used in many applications, such as building materials, industrial applications, and pharmaceuticals. Calcium carbonate is also a dietary supplement used when the amount of calcium taken in the diet is not enough. It plays a crucial role in building and maintaining strong bones and is involved in many other body functions.
The growing global focus on infrastructural development is driving the global calcium carbonate market growth. There has been a considerable shift towards the usage of calcium carbonate as awareness of the value of employing affordable, sustainable materials in construction grows. Additionally, the popularity of calcium carbonate has increased due to the continued trend of encouraging health and wellness because it is a well-known nutritional supplement used to supplement a low-calcium diet.
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The expanding applications of calcium carbonate in various industries are also playing a significant role in fuelling the calcium carbonate market expansion. Calcium carbonate is used to make cement and asphalt, two essential building materials, in the construction industry. Calcium carbonate is used in the pharmaceutical sector as an antacid and dietary supplement. Additionally, it is utilised in the paper industry as a filler and coating pigment because of its brightening and opacifying qualities.
Moreover, the rising demand for sustainable and eco-friendly materials in various industries has led to an increased emphasis on calcium carbonate as a viable substitute, aiding the calcium carbonate market development. With the ongoing shift towards green building materials and the growing popularity of eco-friendly packaging solutions, calcium carbonate has emerged as an integral component in the production of green concrete and sustainable paper products.
Market Segmentation
The market can be divided based on type, application, end use, and region.
Market Breakup by Type
- Ground Calcium Carbonate (GCC)
- Uncoated Ground Calcium Carbonate
- Coated Ground Calcium Carbonate
- Precipitated Calcium Carbonate (PCC)
Market Breakup by Application
- Raw Substance for Construction Material
- Dietary Supplement
- Additive for Thermoplastics
- Filler and Pigment
- Component of Adhesives
- Desulfurisation of Fuel Gas
- Neutralising Agent in Soil
- Others
Market Breakup by End Use
- Paper
- Paints and Coatings
- Adhesives and Sealants
- Construction
- Plastics
- Pharmaceuticals
- Automotive
- Agriculture
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global calcium carbonate companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Omya AG
- Minerals Technologies Inc.
- Huber Engineered Materials (HEM)
- Yuncheng Chemical Industrial Co., Ltd.
- Glc Minerals, LLC
- Graymont Limited
- Others
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