Summary
Global Calcium Carbonate Market- Segmented by Type , End-User Industries , Application and Geography-Trends and Forecasts ( 2017-2022 ). The growing demand for nano-calcium carbonate in the plastics and rubber industry and the emergence of new green uses will be major opportunities for the calcium carbonate market in the coming years .
Description
The global calcium carbonate market has been estimated at USD XX . XX billion in 2016 and is projected to reach USD XX . XX billion by 2021 , growing at a CAGR of X . X % during the forecast period .
Calcium carbonate is most commonly used as a filler in a variety of applications , including paint , paper plastics , adhesives , etc . It is a major raw substance for construction materials and is also used for purification of iron . It is further used as a dietary supplement for calcium , and as an additive for thermoplastics , such as polyvinyl chlorides . Calcium carbonate is a key component in additives and sealants , and a major raw material for cement production . It has a few environmental uses , as well , due to its basic nature . It is used for desulphurization of flue gas and also as a neutralizing agent in case of acid rains . In agriculture , it is used as a component of fertilizers , especially in the case of acidic soil .
Market Dynamics
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Growth in the paper industry directly affects the consumption of calcium carbonate , which has replaced kaolin in the paper industry . This , along with the focus on alkaline-based processes instead of acid-based processes , has led to the growth of the calcium carbonate market . Calcium carbonate has excellent chemical and physical properties , which has led to it being used in various end-user industries . Moreover , the change in lifestyle and growing hygiene awareness has led to an increase in the use of tissue paper and packing papers in Asia-Pacific . Furthermore , the increasing construction activities have also boosted the market in the region . However , the negative health effects , due to the excessive use of calcium carbonate , can act as a roadblock to the growth of the market .
Market Segmentation
Calcium carbonate is used industrially , either as ground calcium carbonate ( GCC ) or precipitated calcium carbonate ( PCC ). Ground calcium carbonate amounts for about 75 % of the total global consumption . It is used in various end-user industries such as adhesives and sealants , construction , environment , agriculture , pharmaceuticals , paints , inks and coatings , paper , plastic and rubber . Precipitated calcium carbonate is used in pharmaceuticals , paper , paints , inks , plastic and adhesives industry .
The market has been geographically segmented into APAC , North America , Europe , South America , and MEA . Regarding consumption in 2016 , Asia-Pacific leads the market , for both GCC and PCC , with China consuming more than 50 % of the worlds PCC . This region is followed by Europe and North America . The
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