Precipitated Calcium Carbonate Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMCH302 | Last Updated On: Jul 18 2022 | Available Formats

> Global Precipitated Calcium Carbonate Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Precipitated Calcium Carbonate Market is segmented By Type (Coated, Uncoated), By Application (Plastic, Rubber, Pulp & Paper, Paints, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The Global Precipitated Calcium Carbonate Market is expected to grow at a CAGR during the forecasting period (2022-2029).

  • Calcium carbonate (CaCO3) is typically present in the form of aragonite and minerals calcite in the rocks and most profoundly available as limestone.
  • The Precipitated calcium carbonate is also known as light calcium carbonate is an innovational product that has the broad scope of industrial applications including healthcare, polymer application, paper industry, construction, agrochemical, rubber, plastic and many other.

Market Dynamics

  • The Global calcium carbonate market is estimated to grow with a steady growth rate in the next few years owing to increased demand for precipitated calcium carbonate within rubber, plastic, and paper industry. However, the environmental hazards of limestone mining might hamper market growth.
  • The paper and pulp are industry is the primary consumer of precipitated calcium carbonate and holds a significant share in the precipitated calcium carbonate market.
  • Further, growing paints and coating market and its consumption of precipitated calcium carbonate as filler material would provide traction for precipitated CaCO3 Market.

Geographical Share

  • The Global precipitated calcium carbonate market is majorly segmented on to the basis of types, application, and region. Based on the types of products, the market is categorized into coated precipitated calcium carbonate and uncoated calcium carbonate.
  • Regarding area application, the market is segmented into plastics, rubber, paper & pulp, paints and others. Geographically the market is segmented as North America, Europe, Asia Pacific, South America and Rest of the World.
  • Japan is one of the major producers of the precipitated calcium carbonate and would play a key role in developing the Asia-Pacific market for precipitated calcium carbonate market.

Industry Trends

  • Mineral Technology, Omya, Imerys, Okutama Kogyo, Maruo Calcium, Mississippi Lime, Solvay, Fimatec, Schaefer Kalk, and Cales de Llierca are significant players of the market. Mineral technology is the leading producer of precipitated calcium carbonate and holds a majority of market share within North America.
  • The industry is undergoing consolidation after years of rapid expansion as provincial governments are closing small-scale producers and regrouping them into larger enterprises. An example of this took place in Zhejiang province where over 340 calcium carbonate producers were reorganized into 13 larger companies, including Jinding Powder and Huayuan Chemical.
  • Further, In China, Omya reached an agreement with Shandong Tranlin Paper for the construction of a 150,000tpy PCC plant. The plant will use Omya’s Multifill® technology, which can reduce filler loadings by up to 18%. Omya also indicated it intended to place more emphasis on the small but valuable market for food-grade GCC, particularly in Asia and the Middle East.
  • Moreover, in February 2018, IMERYS acquired calcium carbonates and dolomite business of Vimal Microns Ltd. With the acquisition of Vimal Microns Ltd., a key supplier of Calcium Carbonates in India, IMERYS further strengthened its presence in India.

Reasons for Purchasing this report?

  • This report provides an extensive analysis of the current and emerging market trends and dynamics in the global precipitated calcium carbonate market.
  • In-depth analysis has been done in this report by constructing market estimations for the key market segments between 2018 and 2025.
  • This study evaluating the competitive landscape and value chain has been taken into account to help in understanding the competitive environment across the geographies.
  • Comprehensive analysis of factors that drive and restrict the growth of the global calcium carbonate market is provided.
  • An exhaustive analysis of the global calcium carbonate market by type helps in understanding the need for precipitate calcium carbonate in various applications.

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