The Global Calcium Carbonate Market Analysis
In 2027, the global calcium carbonate market will reach 32.6 billion US dollars.
According to the report “Calcium Carbonate-Global Market Trajectory and Analysis” and “Calcium Carbonate Market-Growth, Trends and Forecasts (2020-2025)” released by Research And Markets, it is predicted that the global calcium carbonate market will reach US$32.6 billion by 2027.
Analyze From Geographic Area
By 2020, the US calcium carbonate market is estimated to be US$6.5 billion, and China is expected to reach a market size of US$6.6 billion by 2027, with a CAGR of 7% from 2020 to 2027. Other notable geographic markets include Japan and Canada, which are expected to grow at 2.5% and 4.1% between 2020 and 2027. In Europe, Germany is expected to grow by approximately 2.8%.
From the application market analysis
The demand of the paper industry is increasing. Calcium carbonate is widely used as a filler in alkaline papermaking processes in paper mills. In the paper industry, calcium carbonate is valued worldwide due to its high brightness and light scattering properties, and it is used as a cheap filler for the manufacture of bright opaque paper.
In the global plastics industry, the United States, Canada, Japan, China and Europe will promote the CAGR expectation of 4.5% for the industry. The combined market size of these regional markets in 2020 is USD 1.6 billion and is expected to reach USD 2.2 billion by the end of the analysis period. China will remain one of the fastest growing countries in this regional market cluster. Led by countries such as Australia, India, and South Korea, the Asia-Pacific market is expected to reach US$4.3 billion by 2027, while Latin America will expand at a CAGR growth rate of 5.8% throughout the analysis period.
The demands of the coatings and coatings industry are increasing. In paints and coatings, calcium carbonate acts as the main supplement. Fineness and particle size distribution affect the opacity of the coating. In addition, CaCO3 also has some characteristics, such as high brightness, low oil absorption, dispersibility, weather resistance, low abrasion, low electrolyte content, the effect of stabilizing PH, and improved anti-corrosion and rheological properties. The ultrafine calcium carbonate used in paints and coatings has a steric hindrance effect. Adding ultra-fine calcium carbonate to the paint can keep the relatively dense lithopone suspended and not sink to the bottom. It can increase the whiteness and gloss of the paint film without reducing the covering ability. These performance-enhancing qualities ensure that ultrafine calcium carbonate is widely accepted by the coating industry. Especially in the application of water-based coatings industry is more extensive. Generally, 20%-60% ultrafine calcium carbonate is used in water-based coatings.
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