Global Ground Calcium Carbonate Market Size, Share, and COVID-19 Impact Analysis, By Type (Ground Calcium Carbonate (GCC), Precipitated Calcium Carbonate (PCC)), By End-User (Paper, Plastic, Paints & Coatings, Adhesives and Sealants, Agriculture, Chemical, Construction, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Chemicals & MaterialsGlobal Ground Calcium Carbonate Market Insights Forecasts to 2033
- The Global Ground Calcium Carbonate Market Size was Valued at USD 28.18 Billion in 2023
- The Market Size is Growing at a CAGR of 5.94% from 2023 to 2033
- The Worldwide Ground Calcium Carbonate Market Size is Expected to Reach USD 50.19 Billion by 2033
- North America is Expected to Grow the fastest during the forecast period.
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The Global Ground Calcium Carbonate Market Size is Anticipated to Exceed USD 50.19 Billion by 2033, Growing at a CAGR of 5.94% from 2023 to 2033.
Market Overview
Calcium carbonate is generated from calcium ores such as calcite, aragonite, and limestone, and it can also be found naturally in egg shells, pearls, and seashells. It can be used in cleaning agents, cosmetics, medicines, and dietary supplements. Calcium carbonate is widely used in the paper, plastic, paint and coating, and adhesive and sealant sectors. For Instance, in 2023, Omya Inc., a major calcium carbonate producer, revealed plans to invest $25 million in its advanced calcium carbonate factory in Gujarat. This considerable investment aims to increase the plant's capacity and overall efficiency, reaffirming Omya India's commitment to producing high-quality products to satisfy rising demand. Omya is a major global producer of industrial minerals, mostly fillers and pigments from calcium carbonate and dolomite. The company's main markets include forest products, polymers, construction materials, and life sciences. In addition, nano calcium carbonate has several potential applications. Researchers have shown interest in nanocalcium carbonate, especially for its medicinal uses. Calcium carbonate-based polymers are biodegradable and biocompatible, making them excellent as a smart carrier for delivering genes, enzymes, and medications. Research has been conducted to use these nanoparticles in therapeutic applications such as antibacterial agents, gene delivery to cancer cells, and cancer medication delivery. These prospective applications give several chances for future growth in the calcium carbonate market.
Report Coverage
This research report categorizes the market for the global ground calcium carbonate market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global ground calcium carbonate market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global ground calcium carbonate market.
Ground Calcium Carbonate Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 28.18 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.94% |
2033 Value Projection: | USD 50.19 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By End-User, By Region |
Companies covered:: | 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 Vendors. |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
Calcium carbonate provides many technical advantages to cement and concrete, including enhanced workability and strength. As global infrastructure development accelerates, cement firms significantly increase their production capacities. This increase in cement production has a direct impact on the need for mineral fillers such as calcium carbonate in the industry. Infrastructure investment will continue to be a top priority for governments worldwide as they seek to boost real estate and construction activity. This might improve construction material sales and maintain demand for calcium carbonate from the fast-developing cement sector. Major global development projects on the anvil are projected to fuel ongoing demand for calcium carbonate in the forecast period. The medical and pharmaceutical sectors are projected to cause significant expansion in the calcium carbonate market. Calcium carbonate is extensively used in many kinds of medicinal applications including calcium supplements, antacids, medicines, and toothpaste. Nutritional deficiencies and digestive disorders are on the rise worldwide as sedentary lifestyles and bad diets become more popular. This contributes to the rising demand for calcium supplements and antacids with calcium carbonate as a significant constituent.
Restraining Factors
The increasing cost of advancing calcium carbonate from one location to another is projected to have adverse effects on the calcium carbonate market over the forecast period.
Market Segmentation
The global ground calcium carbonate market share is classified into type and end user.
- The ground calcium carbonate (GCC) segment is expected to hold the largest share of the global ground calcium carbonate market during the forecast period.
Based on the type, the global ground calcium carbonate market is categorized into ground calcium carbonate (GCC), precipitated calcium carbonate (PCC). Among these, the ground calcium carbonate (GCC) segment is expected to hold the largest share of the global ground calcium carbonate market during the forecast period. The product's benefits, such as its low cost and excellent brightness, are helping to drive the expansion of GCC-based fillers. GCC is commonly used for adhesive and sealant purposes. It is used to manage shrinkage and cut expenses during manufacture. It contributes to the product's physical strength, viscosity, and other qualities in a variety of formulations. One of the primary applications is in the hygiene industry. It includes feminine hygiene items, baby diapers, and adult incontinence products. It is also utilized in nutritional supplements to strengthen bones, muscles, the heart, and the nervous system.
- The paints & coatings segment is expected to grow at the fastest CAGR during the forecast period.
Based on the end user, the global ground calcium carbonate market is categorized into paper, plastic, paints & coatings, adhesives and sealants, agriculture, chemical, construction, and others. Among these, the paints & coatings segment is expected to grow at the fastest CAGR during the forecast period. Paints and coatings that include ultrafine calcium carbonate have a spatial steric effect. When ultrafine calcium carbonate is mixed into paint, the relatively dense lithopone stays suspended rather than sinking to the bottom. It can improve the whiteness and lustre of the paint film while maintaining its coverage capabilities. Ultrafine calcium carbonate is commonly utilized in the paint industry due to its performance-enhancing characteristics. It can decrease the total quantity of dispersion used in latex paints by avoiding settling.
Regional Segment Analysis of the Global Ground Calcium Carbonate Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is projected to hold the largest share of the global ground calcium carbonate market over the forecast period.
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Asia Pacific is projected to hold the largest share of the global ground calcium carbonate market over the forecast period. Paper is becoming more popular in APAC as the digital revolution slows. The economic expansion seen in the emerging countries of APAC has increased the use of paper packaging. China, India, and South Asian countries utilize the most paper in the region. Furthermore, the expansion of the e-commerce business in India and China has increased the demand for corrugated packaging solutions. Paper packaging is also utilized in the food, healthcare, education, stationery, and personal care industries. All of these reasons are driving up the need for paper in the region.
North America is expected to grow at the fastest CAGR growth of the global ground calcium carbonate market during the forecast period. The North American paint and coatings sector is growing. GCC is used as a functional filler and pigment extender in paints and coatings to improve durability, opacity, and rheological qualities. The demand for architectural coatings, industrial coatings, and other surface finishing applications in the United States and Canada supports GCC usage in this industry.
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.
List of Key Companies
- 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
- Others
Key Market Developments
- 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.
- In April 2022, Imerys announced intentions to expand its calcium carbonate production capacity at the Sylacauga plant in North America, as part of its three-year site plan to serve the growing demand for ground calcium carbonate (GCC).
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global ground calcium carbonate market based on the below-mentioned segments:
Global Ground Calcium Carbonate Market, By Type
- Ground Calcium Carbonate (GCC)
- Precipitated Calcium Carbonate (PCC)
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
Frequently Asked Questions (FAQ)
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1.What is the CAGR of the global ground calcium carbonate market over the forecast period?The Global Ground Calcium Carbonate Market Size is 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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2.Which region is expected to hold the highest share in the global ground calcium carbonate market?Asia Pacific is projected to hold the largest share of the global ground calcium carbonate market over the forecast period.
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3.Who are the top key players in the ground calcium carbonate market?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, Others, and others.
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