Calcium Carbonate Market - Growth, Trends, Covid-19 Impact, And Forecasts (2021 - 2026)

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The market was negtaively impacted by COVID-19. The disruption in global supply chain coupled with reduced in demand from various end-user industries has negatively impacted the demand of calcium carbonate. Global automotive end use industry wintnessed a decline in sales in 2020 which was appromixately 64 million units, much below 80 million units sold in 2017. Additionally, reduced demand from paints and coatings industry owning to decline in manufacturing and service industry, has impacted the demand of calcium carbonate.

- Over the medium term, growing construction activities and demand from industries, such as paper and pulp, plastic, and construction in Asia-Pacific are driving the growth of the calcium carbonate market.
- Asia-Pacific region, which includes the major consuming countries, such as China, India, and Japan, dominated the global market.
- Rising consumer awareness regarding environmental impact of automobiles coupled with rising demand for electric automobile in the region is likley to propel the market growth in the region.
- Health hazards associated with calcium carbonate are expected ...
... to hinder the market growth during the forecast period.

Key Market Trends

Increasing Demand from the Paper Industry

- Calcium carbonate is widely used in the paper mill as a filler material in the alkaline papermaking process. Growing demand for brighter and bulkier paper is the key driver behind the preference of calcium carbonate in the paper industry.

- In the paper industry, calcium carbonate is valued worldwide for its high brightness and light scattering characteristics, and it is used as an inexpensive filler to make bright opaque paper. The filler is used at the wet-end of paper making machines, and calcium carbonate filler makes the paper bright and smooth.

Additionally, countries like China, India, Canada, United States, and European Union Countries banning the single use plastic packaing products is driving the demand of paper for packaing soultion in grocery store, food delivery system, clothing stores and others, positively impacting the demand of calcium carbonate in paper end user industry.

- Both types of calcium carbonate, i.e., ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC), are used in the paper industry. GCC filler material is used in alkaline wood-free papermaking process. The brightness of GCC is 86%-95%. However, PCC is preferred over GCC in paper mills, since it provides better gloss and opacity properties for the paper, and the brightness of PCC is 90%-97%. PCC is the most cost-effective mineral for producing high quality paper and paperboard via substitution of more expensive wood pulp, additives, or other minerals.

​- Currently, Asia-Pacific leads the market, in terms of the demand for calcium carbonate in the paper industry, with China being the leading consumer. Increasing demand for paper packaging and tissue products is expected to drive the market in the Asia-Pacific Region. The packaging demand is driven by rapid economic upticks and growing food consumption in the region. The tissue demand is driven by the population growth and improving hygiene standards.

- All the aforementioned factors, in turn, are expected to increase the demand for the calcium carbonate during the forecast period.

Asia-Pacific is Expected to Lead the Calcium Carbonate Market

- Asia-Pacific is projected to lead the market for calcium carbonate, owing to the increasing construction activities in the region. China is the largest economy in the Asia Pacific region registerd a growth of 1.9% in 2020, and is expected to grow by 8.2% in 2021.

- Besides growing construction industry in the region, the demand for calcium carbonate is expected to be driven by the increasing economic activities, and new investment opportunities in the emerging economies, such as China, India, Indonesia, and other countries.

- China is the largest pulp and paper producing country in the world, owing to large forest reserves (22.5% of the land area). The industry is modern, highly mechanized, and the labor is cheap. Forest cover is increasing in China, owing to the government afforestation initiatives. Meanwhile this is a positive sign, there are concerns regarding social and environmental issues.

- China is the largest manufacturer and consumer of plastics, adhesives and sealants, rubber, and paints and coatings, globally. Majority of plastics, adhesives and sealants, and paints and coatings are consumed by the automotive and construction industry. Automotive industry is the major consumer of rubber.

- Overall, with the demand increasing from various end-user industries in the region, the market for calcium carbonate is projected to increase at a high rate during the forecast period.

Competitive Landscape

The global calcium carbonate market is partilly consolidated in nature. Some of the major players in the market include Omya AG, Mineral Technologies Inc., Imerys, OKUTAMA KOGYO CO.,LTD., and SCHAEFER KALK GmbH & Co. KG.

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