The Global Market for Calcium Carbonate is Projected to Reach 98.7 Million Tons by 2020
Strong Consumption in Paper and Plastic Production
Drives the Calcium Carbonate Market, According to a New Report by Global Industry Analysts, Inc.
GIA announces
the release of a comprehensive global report on Calcium Carbonate. The
global market for Calcium Carbonate is projected to reach 98.7 million tons by
2020, driven by robust demand from paper and plastics end-use sectors.
Calcium
Carbonate (CaCO3) is an inorganic mineral that finds extensive use
as a functional filler in the production of plastics, paper, and rubber. Along
with talc and kaolin, the mineral is extensively used in metalloid mineral
applications. Growth in the global calcium carbonate market is heavily reliant
on the health of the paper, automotive, plastics, and construction industries.
The paper industry’s shift from acid to alkaline-based process technology is
expected to benefit demand for precipitated calcium carbonate derived from
natural minerals. Consumer demand for high quality, waterproof, anti-smudge
paper products will drive growth in the paper industry in the coming years. In
the plastic processing industry, ground calcium carbonate finds indispensable
use as an additive that helps improve surface opacity and gloss and increase impact
strength of plastics. Growing demand for bioplastics is expected to spur volume
consumption of calcium carbonate in the plastic processing industry.
Ground Calcium
Carbonate (GCC) represents the largest and the fastest growing product market,
supported by growing demand for paints and plastics from the construction
sector in Asia-Pacific. China ranks as a major producer of calcium carbonate
worldwide. The last decade witnessed the establishment of several satellite
WGCC (wet ground calcium carbonate) plants in the country. Marble deposits
represent the chief source of calcium carbonate for these plants. The increase
in licenses granted for mining marble will additionally benefit production of premium
ultra-fine wet ground calcium carbonate in the country. A key tend in the
global market is the growing prominence of nano calcium carbonate. With particle
sizes ranging from 1nm and 100nm, nano calcium carbonate is highly favored in plastic
and rubber production due to characteristics such as high reinforcing effect, dispersion
and transparency. With most of the current demand for calcium carbonate met by low
and middle-grade material, there exists huge potential for premium-grade
calcium carbonate, especially in applications such as automobile paints, adhesives,
cosmetics, ink, food, and pharmaceutical industries.
As stated by
the new market research report on Calcium Carbonate, Asia-Pacific represents
the largest and the fastest growing market worldwide. Growth in the region is
led by the rise in paper production, establishment of new paper mills, and the
trend towards the use of higher mineral fillers in paper to reduce pulp usage. China,
in particular, is expected to remain a major growth driver spurred by
increasing use in the paper and paperboard manufacturing sector.
Key players covered
in the report include Excalibar Minerals LLC, Huber Engineered Materials,
Imerys, Maruo Calcium Co. Ltd., Minerals Technologies Inc., Mississippi Lime
Company, Okutama Kogyo Co. Ltd., Omya AG, Schaefer Kalk GmbH & Co. KG,
Shiraishi Kogyo Kaisha Ltd., and Solvay S.A, among others.
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