Calcite Market Forecasts to 2028 – Global Analysis By Type (GCC, PCC), Form (Slurry, Powder), Application (Beverages, Cement, Agriculture, Pharmaceutical, Building and Construction, Cosmetics Polymer) and By Geography
According to Stratistics MRC, the Global Calcite Market is accounted for $10.63 billion in 2020 and is expected to reach $18.53 billion by 2028 growing at a CAGR of 7.2% during the forecast period. The growing demand for calcite as an alternate for kaolin and talc, rising demand from the plastics and paper industries are driving the market growth. However, cost of transportation and sluggish neutralization action are hampering the growth of the market.
Calcite is a common constituent of sedimentary rocks such as limestone and is settled mostly in caves to form stalagmites and stalactites. Naturally calcite can be found in the earth’s crust due to both chemical precipitation of calcium carbonate and from the transformation of shells, coral, and algal debris into calcite. Due to calcite’s acid-neutralizing ability in preparing medicines it is mostly used in pharmaceutical industry.
Based on the type, the precipitated calcium carbonate (PCC) segment is going to have lucrative growth during the forecast period due to its high purity and non-toxic properties. Due to these properties, it has high demand in food additives, pharmaceutical, and paper products. PCC is considered as favored material due to the operational flexibility. Improved gloss and opacity are key features creating way for a wider application of PCC in various sectors.
By geography, Asia Pacific is going to have high growth during the forecast period. This is mainly due to the increasing demand for calcite from polymer, construction, medical, agriculture, and rubber industry. China and India are the major countries to consume calcite due to its growing usage in construction industry for cement, paints & coating, adhesive and sealants applications.
Some of the key players profiled in the Calcite Market include Nordkalk Corporation , Wolkem India Pvt Ltd, Mississippi Lime Company, Maruo Calcium Co., Ltd., Longcliffe Quarries Ltd., Omya A.G, Imerys S.A, Gulshan Polyol Ltd., Columbia River Carbonates, Minerals Technologies Inc, Sibelco, Huber Engineered Materials , Golden Lime Public Company Limited and White Rock Minerals Ltd.
Estimated Market Size in 2020:
USD 10.63 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
Tables, Graphs& Figures
Type, Size, Form, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Ground Calcium Carbonate (GCC)
• Precipitated Calcium Carbonate (PCC)
• Animal Feeds
• Glass and Ceramics
• Plastics and Rubber
• Paints & Coatings
• Pulp and Paper
• Adhesives and Sealants
• Building and Construction
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Calcite Market is majorly driven by growing demand for calcite as an alternate for kaolin and talc, rising demand from the plastics and paper and cost-efficiency of calcite.
The ground calcium carbonate (GCC) segment is growing at a highest CAGR as this material is mainly used in the manufacturing of products such as cables, PVC pipes, plastic moldings, and plastic films.
North America dominated with a significant market share due to the factors such as changing lifestyles and growing hygiene awareness have led to an increase in the consumption of paper, especially tissues, packaging paper, etc. fueled the growth of the paper industry in turn increased the calcite market growth.
Asia Pacific market is growing at a highest CAGR due to the increasing demand for calcite from polymer, construction, medical, agriculture, and rubber industry.
Key players in Calcite Market include Nordkalk Corporation , Wolkem India Pvt Ltd, Mississippi Lime Company, Maruo Calcium Co., Ltd., Longcliffe Quarries Ltd., Omya A.G, Imerys S.A, Gulshan Polyol Ltd., Columbia River Carbonates, Minerals Technologies Inc, Sibelco, Huber Engineered Materials , Golden Lime Public Company Limited and White Rock Minerals Ltd.
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