Calcium Carbonate Market to Grow at 6.20% CAGR Driven by Demand of Industrial Fillers to 2020
PUNE, India, June 21, 2016 /PRNewswire/ --
The calcium carbonate market forecasts increasing prominence of calcium carbonate as industrial filler owing to its particle size, brightness (whiteness), and chemical purity as the primary driving force for market growth. Finely ground and crushed calcium carbonate is used as filler in plastics, paints, and paper. The calcium carbonate consumption in industrialized countries often surpasses its use as a dimension stone. In 2015, APAC dominated the global calcium carbonate market by accounting for around 53% of the overall market share. Increasing construction activities, especially in India and China, and the rise in demand for calcium carbonate from the paper industry are expected to boost growth in the calcium carbonate market in APAC during the forecast period.
Complete report on calcium carbonate market spread across 67 pages, analyzing 5 major companies and providing 53 data exhibits now available at http://www.sandlerresearch.org/global-calcium-carbonate-market-2016-2020.html.
The analysts forecast global calcium carbonate market to grow at a CAGR of 6.20% during the period 2016-2020.One trend which will have a positive impact is the growing for nano calcium carbonate market in plastics and rubber sectors. Innovative and advanced technology allows the synthesis of calcium carbonates as nanoparticles with a large surface area. Each particle is surface coated with a modifier such as organic coupling agents and fatty acid to improve dispersion and compatibility with the polymer matrix.
The substitution of kaolin with calcium carbonate in the paper industry is an ongoing trend in the calcium carbonate market globally. There is a significant increase in the use of alternatives such as precipitated calcium carbonate (PCC), ground calcium carbonate (GCC), silicate, talc, titanium dioxide, and alumina trihydrate to replace kaolin. For example, precipitated silicate is gaining traction in the market in certain types of ink jet paper and newsprint, particularly in Japan and South Korea. PCC is considered the most economical mineral for replacing costlier additives such as wood pulp and kaolin in manufacturing superior quality paperboard and paper.
Calcium carbonate, which comprise of GCC and PCC, are the highest value-added products in the limestone value chain. The production of GCC is widespread globally. China, the US, Europe, and Japan are the largest producers of GCC. The production of PCC is restricted to a few manufacturers that have manufacturing facilities across key consuming countries. These players cater to the demanding segments such as paper, paints and coatings, plastics and adhesives and sealants.
The following companies are the key players in the global calcium carbonate market: IMERYS, Minerals Technologies, Omya, Okutama Kogyo, and Schaefer Kalk. Other prominent vendors in the market are: Cales de Llierca, Carmeuse, GLC Minerals, Lhoist, Mississippi Lime Company, and Maruo Calcium. Order a copy of Global Calcium Carbonate Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=55568.
Further, the report states that one challenge that could hamper market growth is the diminishing limestone reserves and stringent regulations enforced by governments. Global Calcium Carbonate Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The report covers the present scenario and the growth prospects of the global calcium carbonate market for 2016-2020.
Another related report is Global Metal Oxide Nanoparticles Market 2016-2020, the analysts forecast global metal oxide nanoparticles market to grow at a CAGR of 9.5% during the period 2016-2020. Product innovation and emphasis on the development of advanced metal oxide nanoparticles-based products will also boost market growth. Vendors are investing and competing heavily in R&D, and continuous new applications can be seen in their pilot or development phases for example, the creation of advanced water filters. Browse complete report @ http://www.sandlerresearch.org/global-metal-oxide-nanoparticles-market-2016-2020.html.
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