NEW YORK, NY, May 26, 2022 (GLOBE NEWSWIRE) — Facts and Factors has published a new research report titled “Calcite Market – Global Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast Report 2022 – 2028” in its research database.
How big is the Calcite Market?
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“According to the latest research study, the demand of global Calcite Market size & share was valued at around USD 11.2 billion in 2021 and it is expected to surpass around USD 16.5 billion Mark, by 2028, at a compound annual growth rate (CAGR) of about 6.2% during the forecast period 2022 to 2028.”
What is Calcite? Calcite Market Coverage & Overview:
Calcite is a mineral that is found in rocks. It is widely distributed and can be found in metamorphic, sedimentary, and igneous rocks all over the world. Calcite is the most abundant mineral in limestone and marble.
These rocks are pretty common and can be found in large quantities in the Earth’s crust. Globally, the calcite market is divided into two segments: ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC).
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 221+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Report Scope
| Report Attribute | Details |
| Market Size in 2021 | USD 11.2 Billion |
| Projected Market Size in 2028 | USD 16.5 Billion |
| CAGR Growth Rate | 6.2% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2028 |
| Key Market Players | Carmeuse Lime & Stone Company, Gulshan Polyols Ltd., Greer Limestone Company, Blue Mountain Minerals, LafargeHolcim, Mineral Technologies, GLC Minerals, LLC, Imerys, Carmeuse, The National Lime & Stone Company, NALC, LLC, United States Lime & Minerals, Inc., AGSCO Corp., J.M. Huber Corp., Mississippi Lime, Omya, GCCP Resources, Midwest Calcium Carbonates, Mountain Materials, Inc., Parchem Fine & Specialty Chemicals, and ILC Resources, among others |
| Key Segment | By Type, Application, and Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
| Purchase Options | Request customized purchase options to meet your research needs. Explore purchase options |
Calcite Market: Growth Factors
- The demand for fine-grained calcite powder is increasing
The increasing demand for calcite as a substitute for talc and kaolin will have an impact on global calcite market growth from 2022 to 2028. Calcite’s favorable chemical properties, cost-effectiveness, rising demand from the plastics & paper industries, and advancements in polymer & plastics manufacturing are some of the factors expected to drive the growth of the calcite market.
On the other hand, the rise in significant potential applications will enhance various opportunities, promoting the development of the industry during the forecast period. High transportation costs, slow neutralization action, and increasing water hardness will impede the growth from 2022 to 2028. The shrinking paper industry is highly urbanized countries due to rising digitization will pose a threat to the global calcite market’s growth.
Calcite Market: Restraints
- Cyclical nature of the mining business is a constraint on expansion
Raw material prices usually tend toward higher values as a result of the cyclical nature of the mining business. This is expected to have a negative influence on the growth of the calcite market. In a similar vein, fluctuations and unpredictability in steel production can have an effect on the growth of the market during the time covered by the forecast.
Browse the full “Calcite Market By Type (Precipitated Calcium Carbonate, Ground Calcium Carbonate), By Application (Adhesives & Sealants, Plastics, Construction, Paints & Coatings, Paper, and Others), and By Region – Global Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast Report 2022 – 2028” Report at https://www.fnfresearch.com/calcite-market
Calcite Market: COVID-19 Impact Analysis
The COVID-19 pandemic had a significant negative effect on the global calcite market because it caused the construction industry to come to a standstill in numerous regions around the world. The bulk of construction companies have suffered losses as a result of the protracted period of idleness. The departure of workers from the construction sites basically putting a halt to the entire sector because it caused the work to come to a halt. In addition, the workers at the manufacturing company moved back to their hometowns, which resulted in the cessation of production at the company.
Due to a breakdown in the supply chain, there was an interruption in the consistent delivery of materials. On the other hand, the circumstance is anticipated to become better, which will reinstate the growth of the calcite market during the period being forecasted.
Segmentation Analysis of Calcite Market:
The global calcite market is segmented on the basis of type, application, and region.
By Type Segment Analysis
- On the basis of type, the market is divided into precipitated calcium carbonate and ground calcium carbonate.
- The segment of ground calcium carbonate is expected to have the largest market share.
By Application Segment Analysis
- On the basis of application, the market is divided into adhesives & sealants, plastics, construction, paints & coatings, paper, and others.
- Paper is expected to have the highest CAGR during the forecasted period.
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Competitive Landscape
Some of the main competitors dominating the global calcite market include –
- Carmeuse Lime & Stone Company
- Gulshan Polyols Ltd.
- Greer Limestone Company
- Blue Mountain Minerals
- LafargeHolcim
- Mineral Technologies
- GLC Minerals LLC
- Imerys
- Carmeuse
- The National Lime & Stone Company
- NALC LLC
- United States Lime & Minerals Inc.
- AGSCO Corp.
- J.M. Huber Corp.
- Mississippi Lime
- Omya
- GCCP Resources
- Midwest Calcium Carbonates
- Mountain Materials Inc.
- Parchem Fine & Specialty Chemicals
Key Insights from Primary Research:
- According to the analysis shared by our research team, the Calcite market is projected to grow at a CAGR of around 6.2% during the forecast timeframe.
- In the basis of revenue, the Calcite market was valued at around US$ 11.2 billion in 2021 and is anticipated to reach US$ 16.5 billion, by 2028.
- Based on type, the segment of ground calcium carbonate is expected to have the largest market share.
- Based on application, the Paper is expected to have the highest CAGR during the forecasted period.
- On the basis of region, the Asia Pacific region to dominate the global market during the coming period.
Key questions answered in this report:
- What is the market size and growth rate forecast for Calcite industry?
- What are the main driving factors propelling the Calcite Market forward?
- What are the leading companies in the Calcite Industry?
- What segments does the Calcite Market cover?
- How can I receive a free copy of the Calcite Market sample report and company profiles?
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Regional Dominance:
The Asia Pacific is the largest calcite consumer, and it is expected to grow at the fastest CAGR during the forecast period. The massive market size is contributed to calcite manufacturing expansion and growing preference from the plastics and paper industries in Japan, China, and India, among other places.
Furthermore, low labor costs, easy access to raw materials, and other factors contribute to the region’s market growth.
Recent Developments
- April 2021: Minerals Technologies entered into an agreement with Baiyun Paper to increase its manufacturing capacity and expand into new markets.
- February 2020: Omya International AG and Idwala Industrial Holdings Ltd. founded the “Omya Idwala SA” joint venture in South Africa. The joint project will have access to a diverse portfolio of high-quality calcium carbonate and specialty chemical products.
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The global calcite market is segmented as follows:
By Type
- Precipitated Calcium Carbonate
- Ground Calcium Carbonate
By Application
- Adhesives & Sealants
- Plastics
- Construction
- Paints & Coatings
- Paper
- Others
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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