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Global Calcium Carbonate Market to Grow at a CAGR of 5.5% During the Period 2022-2027, Driven by Uses in Multiple Sectors

According to a new report by EMR titled, ‘Global Calcium Carbonate Market Report and Forecast 2022-2027’, the global calcium carbonate market is expected to grow at a CAGR of 5.5% during the period 2022-2027, driven by applications across sectors.

The global market for calcium carbonate is likely to be driven by uses across sectors. North America, Europe, and Asia are expected to be key markets. However, rising costs may impede market growth. In 2022, Omya increased prices for its calcium carbonate products in Europe, mentioning rising costs of raw materials, chemicals, energy, packaging, services, transportation costs, and general inflation across countries.

Applications of calcium carbonate entail sectors such as glass and ceramics, iron and steel, metallurgy, mining, sludge treatment, water treatment, animal feed and nutritional supplementation, pigment, adhesives, caulks & sealants, agriculture, health and wellness, pharmaceuticals, plastics, paper, paint, abrasives, oil and gas exploration, food packaging, rubber, building and construction, pesticides, automotive, etc.

In the paint and coating industry, calcium carbonate acts as an economical and multifunctional filler that improves whiteness, opacity and matting. Calcium carbonate is a good substitute for titanium dioxide.

In plastics, engineered calcium carbonate enhances the quality of breathable films for diapers, hygiene, medical and roofing applications. Calcium carbonates are good reinforcement agents and help maximize mechanical properties in PVC building profiles and flooring.

In paper production calcium carbonate serves as an economical filler, and enhances paper brightness. As paper and paperboard coating, the calcium carbonate increases whiteness, opacity and printability of the finished product.

Calcium carbonate is used in animal feed, food and beverages and pharmaceuticals, as an important source of the bone-building mineral, calcium.

In adhesives and sealants, finely ground calcium carbonate can be employed at high loadings to enhance rheological properties, increase whiteness and opacity, and produce cost savings.

In industry, limes are valuable raw materials. These serve as process enablers for steel, sugar, water treatment and building industries. In oil and gas production, ground calcium carbonate is used to decrease filtration loss in drilling fluid formulations.

In personal health and food production, calcium carbonate is extensively used as a dietary calcium supplement, antacid, phosphate binder, or base material for medicinal tablets.

Leading firms are looking to enhance production capacities and consolidate market positions. For example, in 2018, Imerys acquired the carbonate business of Vimal Microns, a major Indian producer of ground calcium carbonates, to strengthen its presence in ground calcium carbonates in India, particularly for growing market applications (polymers and coatings).

Key Findings of the Report:

  • The applications of calcium carbonate across industrial sectors are expected to boost the market. 
  • Innovative products (especially in the personal health and wellness sector) seeking to fulfill unique consumer needs are likely to stimulate demand for the mineral as well as assist growth of related sectors (for example, baby and adult diapers; health drinks or supplements fortified with calcium).
  • Rising costs may hinder market growth.

Market Analysis by Type, Application, End-use and Region:

  • By type, the market is segmented into Ground Calcium Carbonate (GCC) (further broken down by type into Uncoated Ground Calcium Carbonate and Coated Ground Calcium Carbonate), and Precipitated Calcium Carbonate (PCC).
  • By application, the market is classified into Raw Substance for Construction Material, Dietary Supplement, Additive for Thermoplastics, Filler and Pigment, Component of Adhesives, Desulfurization of Fuel Gas, Neutralizing Agent in Soil, and Others.
  • By end-use industry, the market is segmented into Paper, Paints & Coatings, Adhesives & Sealants, Construction, Plastics, Pharmaceuticals, Automotive, Agriculture, and Others.
    By region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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