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Calcium Carbonate Market worth $28.3 billion by 2024 – At a CAGR of 6.0%

Published: September 2, 2022

Author: DIGITAL MEDIA EXECUTIVE

According to a new market research report, the “Calcium Carbonate Market by Type (GCC and PCC), End-Use Industry (Paper, Plastic, Paints & Coatings, Adhesive & Sealants), and Region (APAC, North America, Europe, South America, Middle East & Africa) – Global Forecast to 2024″, The calcium carbonate market is projected to grow from USD 21.2 billion in 2019 to USD 28.3 billion by 2024, at a CAGR of 6.0% during the forecast period. The growth of the market can be attributed to the increasing consumption of calcium carbonate from various end-use industries such as paper, plastic, and paints & coatings.

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123 Market data Tables
30 Figures
126 Pages and in-depth TOC on “Calcium Carbonate Market – Global Forecast to 2024″

This report also provides a comprehensive analysis of the companies listed below:

Imerys (France), Omya AG (Switzerland), Minerals Technologies Inc. (US), Huber Engineered Materials (US), Mississippi Lime Company (US), Carmeuse (Belgium), Sibelco (Belgium), Midwest Calcium Carbonate (US), Calcinor SA (Spain), and Excalibar Minerals LLC (US)

Calcium carbonate is a chemical compound represented by the chemical formula CaCO3. It is estimated that about 4 percent of the earth’s crust is made up of calcium carbonate. It is found naturally in the form of minerals and rocks, some of which include calcite, limestone, chalk, marble, and aragonite. Calcium carbonate is used either in its naturally occurring state or in the pure form. Pure calcium carbonate is extracted from natural sources by various techniques such as mining and quarrying. At present, calcium carbonate used is widely used for multiple functions, including as a mineral filler, whitening agent, and an alkalizing agent.

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The ground calcium carbonate segment is projected to account for the largest share during the forecast period.

The ground calcium carbonate segment is projected to account for the largest market share, in terms of value, during the forecast period. Ground calcium carbonate is widely used as fillers in the plastic, rubber, and paper industries because of its low cost. It also provides brightness to paints, coatings, and paper. Furthermore, it provides a high level of illumination and light scattering properties.

APAC calcium carbonate market is projected to account for the largest market share during the forecast period.

APAC is estimated to be the leading calcium carbonate market. The growth in the region can be attributed to the growing demand for calcium carbonate from various end-use industries such as paper, plastic, adhesives & sealants, and paints & coatings. The region’s strong industrial base, favorable government policies, and low labor cost are further strengthening the calcium carbonate market.

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