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Global Calcium Carbonate Industry to 2026 - Decorative Paints Register Strong Demand Driving Growing of CaCO3 - ResearchAndMarkets.com


The "Calcium Carbonate - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Calcium Carbonate estimated at US$21.5 Billion in the year 2020, is projected to reach a revised size of US$28.9 Billion by 2026, growing at a CAGR of 5% over the analysis period.

Calcium carbonate is extensively used as alkalizing agent, whitening agent and mineral filler in a broad spectrum of applications across several industries. Growth in the global market is set to be driven as a result of increasing consumption of the material from end-use industries. The demand for calcium carbonate in the paper industry is anticipated to be fueled by increasing production of bulkier and brighter paper for different applications. The compound is also used widely in paints and coating industries, which has further been augmenting the market.

The demand for the compound has been increasing across the plastic manufacturing industries as it is used in combination with various thermosets and thermoplastics. As the production cost for calcium carbonate is very low, it is preferred widely in various industries as a cheap ingredient. Growth in the global market post COVID-19 would be driven by improving construction activity and surging demand from various industries such as plastic, paper & pulp, packaging and automotive.

The U.S. Market is Estimated at $4.8 Billion in 2021, While China is Forecast to Reach $8 Billion by 2026

The Calcium Carbonate market in the U.S. is estimated at US$4.8 Billion in the year 2021. The country currently accounts for a 21.62% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$8 Billion in the year 2026 trailing a CAGR of 5.9% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 4.4% respectively over the analysis period.

Within Europe, Germany is forecast to grow at approximately 4.5% CAGR while Rest of European market (as defined in the study) will reach US$8.4 Billion by the end of the analysis period. Asia-Pacific represents a key market due to increasing demand from end-use industries and strong construction activity.

Select Competitors (Total 126 Featured):

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/buqosf


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