Tuesday, July 31, 2018

Global Calcium Carbonate Market is expected to reach 24,972 million USD by 2024


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The Global Calcium Carbonate market size was 18,244 Million USD in 2017 and it will be 24,972 Million USD in 2024, with a CAGR 4.59% from 2017 to 2024.

Calcium carbonate is usually marketed under two forms, Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC). GCC is mainly produced from the physical grinding of limestone while PCC is got from the chemical synthesis.

Applications of calcium carbonate include paper industry, plastic industry, paints & coatings industry, carpet industry, adhesive &sealant industry and so on. Paper industry is the largest consumer of calcium carbonate.

The calcium carbonate industry is relatively fragmented. Except a few manufacturers with capacity more than one million tons, most manufacturers’ capacity still ranges from 10 K MT to 500 K MT. Global production of calcium carbonate mainly concentrates in North America, Europe and Asia.

Market Segment Applications, can be divided into

·        Plastic

·        Paints & Coatings

·        Carpet Backing

·        Adhesives & Sealants

·        Other
 

Market Segment by Type, covers

·        Ground Calcium Carbonate (GCC)

·        Precipitated Calcium Carbonate (PCC)
 

Global Competitive landscape and key vendors

·        Omya

·        Imerys

·        Minerals Technologies

·        Huber Engineered Materials

·        Calcium Products

·        Mineraria Sacilese

·        Fimatec

·        Takehara Kagaku Kogyo

·        Nitto Funka

·        Sankyo Seifun

·        Bihoku Funka Kogyo

·        Shiraishi Kogyo Kaisha

·        APP

·        Formosa Plastics

·        Keyue Technology

·        Jinshan Chemical

·        Jiawei Chemical

·        Changzhou Calcium Carbonate

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Calcium carbonate is composed of three elements which are of particular importance for all organic and inorganic material on our planet: carbon, oxygen and calcium. Calcium carbonate (CaCO3) is a white solid, is non-toxic and odorless. Calcium Carbonate (CaCO3) is an inorganic mineral that finds extensive use as functional filler in the production of plastics, paper, and rubber. Along with talc and kaolin, the mineral is extensively used in metalloid mineral applications.

As for the consumption, Asia-Pacific is the largest consuming region, with 32388 K MT being consumed in 2016.

GCC is mainly produced from the physical grinding of limestone while PCC is got from the chemical synthesis. Between the two forms, GCC is the most widely used one and contributed 74.22% share in 2016 globally.

The Global Calcium Carbonate market size was 18,244 Million USD in 2017 and it will be 24,972 Million USD in 2024, with a CAGR 4.59% from 2017 to 2024.

Calcium carbonate is usually marketed under two forms, Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC). GCC is mainly produced from the physical grinding of limestone while PCC is got from the chemical synthesis.

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