Global calcium carbonate market projected to reach $79.8 billion by 2032, driven by various industries.

From GlobeNewswire: 2024-12-18 09:00:00

The global calcium carbonate market is projected to reach $79.8 billion by 2032, with a CAGR of 6.4%. Key trends driving growth include its use in paper production for opacity and brightness, in plastics for mechanical strength, and in construction materials like cement. Government focus on sustainability is also boosting demand.

Prominent players in the market include Gulshan Polyols Ltd., Wolkem, Sibelco, and Imerys. Ground calcium carbonate (GCC) led the market in 2023 with over 69% market share. The paper industry held the largest market share in 2023 at around 42%, driven by the demand for high-quality paper products. Asia-Pacific dominated the market in 2023, with China leading in production and consumption. Major manufacturers of calcium carbonate in Asia-Pacific are expanding operations to meet local and global demand, driven by sustainability initiatives and environmental regulations. In 2023, Omya expanded in China, while Imerys launched nano-calcium carbonate products for high-performance industries. The market is expected to grow further with increasing demand for specialized materials.

The calcium carbonate market is set to experience significant growth, with key points including market definition, executive summary, research methodology, market dynamics impact analysis, statistical insights and trends reporting, competitive landscape, market segmentation by type and application, regional analysis, company profiles, and use cases and best practices.

For comprehensive research on the calcium carbonate market from 2024-2032, visit SNS Insider’s website. The report covers key aspects such as market dynamics, competitive landscape, market segmentation, regional analysis, company profiles, and more. For customized research or additional information, contact [email protected]. SNS Insider provides market research and consulting services globally to help clients make informed decisions based on current market data and insights.



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