Calcite Market

Calcite Market was valued at USD 11.4 billion in 2022 and is forecast to touch USD 16.8 billion in 2030, and the market is expected to grow at a CAGR of 5.0% from 2023-2030.

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Market Dynamic

Key Drivers and Emerging Trends

Rapid urbanization, accelerating population, and increasing use of calcite in several applications like paints & coatings, and plastics are projected to drive the calcite market share over the forecast period. The growing use of calcite as a substitute for talc aided by the favorable chemical properties and cost-efficiency will further expand the market size. Increasing adoption of calcite across various end-use industries such as food & beverage, pharmaceuticals, personal care, and drug development has strengthened the market growth. However, slow neutralization action along with the high transportation cost might restrain the Calcite Market Size.

Restraint in the Calcite Market

However, sluggish neutralization coupled with the high cost of transportation are the factors that are likely to hamper the growth of the market.

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Type – Segment Analysis

Based on the type, ground calcium carbonate is witnessed to grow at a higher CAGR in the market over the forecast period. GCC or ground calcium carbonate is cheaper than precipitated calcium carbonate or PCC and at the same time it has high brightness and porous surface due to its rhombohedral particle shape, which helps in liberating water more rapidly.

Application – Segment Analysis

Based on the application, paper is expected to grow at a higher CAGR in the market over the forecast period due to the rising demand for calcite in industrial paper applications. Calcite enhances the whiteness, printability, and opacity of the paper, due to which calcite market is likely to experience robust growth over the forecast period.

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Regional – Segment Analysis:

Based on the region, Asia-Pacific is anticipated to grow at a higher CAGR in the market over the forecast period. This is due to rising funding by the government and other bodies in mineral exploration, which has surged the market’s growth over the forecast period. For instance, in China Provincial Geological Exploration Funded US$ 39 million in 2017 for mineral exploration which has substantially contributed to the overall growth of the market. In addition, according to “Hudson Institute of Mineralogy”, there are more than 10 mines and deposits in Japan which helps in meeting the regional and global demand for calcite, leading to the expansion of the mineral and ore industry and calcite market.

Top Market Players

Various notable players operating in the market, include, Imerys S.A., Omya AG, Minerals Technologies Inc., Huber Engineered Materials, Gulshan Polyols LTD., Nordkalk Corporation, Wolkem India LTD., Sibelco, Esen Mikronize Maden, Mississippi Lime Company, among others. 

Key Developments:

• • In 2020, Minerals Technologies Inc. entered into an agreement with Satia Industries Limited to develop a 42,000 metric ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Punjab, India. The facility is scheduled to begin operation in the second quarter of 2021.
  • In 2020, Omya International AG entered in a partnership with Idwala Industrial Holdings Ltd. The joint venture is named ‘Omya Idwala SA’ and is intended to provide access to a high-quality and broad portfolio of Calcium Carbonate and Specialty Chemical products.
  • In 2019, Imerys S.A., officially announced the acquisition of EDK company, a leading producer of ground calcium carbonates (GCC) in Brazil. This will help the company in establishing a diverse and attractive portfolio for calcite and calcite related products.
  • In 2019, Minerals Technologies Inc., deployed and installed ENVIROFIL PCC technology in Germany. This helps papermakers to retrieve mineral colorants from the deinking filtrate.

Segments covered in the Report:

The global calcite market has been segmented on the basis of type, application, and regions. Based on type, the market is segmented into ground calcium carbonate (GCC), and precipitated calcium carbonate (PCC). Based on application, the market is segmented into paper, paints & coatings, construction, plastics, adhesives & sealants and others. 

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Key questions answered in this research report:

• • At what pace is global calcite market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in calcite market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global calcite market?
  • Which type generated maximum revenues in 2022 and identify the most promising type during the forecast period?
  • What are the various application areas of global calcite market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2022)	USD 11.4 Billion
Market Base Year	2022
Market Forecast Period	2023-2030
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Imerys S.A., Omya AG, Minerals Technologies Inc., Huber Engineered Materials, Gulshan Polyols LTD., Nordkalk Corporation, Wolkem India LTD., Sibelco, Esen Mikronize Maden, Mississippi Lime Company, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Calcite Market by Type

• • Ground Calcium Carbonate (GCC)
  • Precipitated Calcium Carbonate (PCC)

Global Calcite Market by Application

• • Paper
  • Paints & Coatings
  • Construction
  • Plastics
  • Adhesives & Sealants
  • Others

Global Calcite Market by Region

• • North America Calcite Market (Option 1: As a part of the free 25% customization)
    • By Type
    • By Application
    • US Market All-Up
    • Canada Market All-Up
  • Europe Calcite Market (Option 2: As a part of the free 25% customization)
    • By Type
    • By Application
    • UK Calcite Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Calcite Market (Option 3: As a part of the free 25% customization)
    • By Type
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Calcite Market (Option 4: As a part of the free 25% customization)
    • By Type
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Calcite (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Imerys S.A.
  • Omya AG
  • Minerals Technologies Inc.
  • Huber Engineered Materials
  • Gulshan Polyols LTD.
  • Nordkalk Corporation
  • Wolkem India LTD.
  • Sibelco
  • Esen Mikronize Maden
  • Mississippi Lime Company