Global Calcium Carbonate Market TOC
Calcium Carbonate Market size was valued at USD 26.48 billion in 2024 and is set to reach USD 61.22 billion by the end of 2037, expanding at around 6.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of calcium carbonate is assessed at USD 27.9 billion.. Factors attributing to the global market growth are the rise in demand for calcium carbonate as filler in plastic industries and the increase in demand for nano calcium carbonate in the rubber and plastic industries.
The growing use of nano-precipitated calcium carbonate and the advent of green products with low carbon footprints are two emerging trends that have an immediate impact on the dynamics of the ground and precipitated calcium carbonate business. The rise in the market for calcium carbonate is also ascribed to the surge in demand for marble, tiles, and concrete in public, residential, and commercial structures.
Growth Drivers
Challenges
Due to difficulties with oversupply, the market for newsprint paper has also drastically decreased in recent years. For instance, the Confederation of European Paper Industries (CEPI), a European association that represents the paper industry, stated that newsprint production decreased by 9.9% y-o-y while printing and writing sheets reduced by 11.5% in 2022 compared to 2021 as a result of machine closures and conversions.
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.8% |
Base Year Market Size (2024) |
USD 26.48 billion |
Forecast Year Market Size (2037) |
USD 61.22 billion |
Regional Scope |
|
Type {Ground Calcium Carbonate (GCC) [Coated Ground Calcium Carbonate, Uncoated Ground Calcium Carbonate], Precipitated Calcium Carbonate (PCC)}
The ground calcium carbonate market is estimated to hold the largest revenue share over the forecasted period. The utilization of GCC is growing in various applications including rubber, plastic, animal feed, and more. Ground calcium carbonate is frequently employed to boost durability and save costs by substituting or extending the use of costly raw materials. It is the appropriate extender or filler due to its low absorption characteristics, availability in a wide range of particle sizes, and ability to take on a vivid color when necessary.
End Use Industry (Paper, Plastics, Paints & Coatings, Adhesives & Sealants)
The paper segment in the calcium carbonate market is expected to surpass USD 17.7 Billion by the end of 2037. The majority of calcium carbonate is used in the paper industry due to the utilization of fillers, such as GCC to lower the cost of paper manufacturing and improve paper opacity and brightness. The rising production of paper packaging, flexible packaging, and paper cardboard is expected to augment the market growth. Paper and paperboard are ubiquitous in the manufacturing, distribution, marketing, and consumption of goods, which make up roughly one-third of the overall packaging market.
Our in-depth analysis of the global calcium carbonate market includes the following segments:
Type |
|
End Use Industry |
|
APAC Market Forecast
The Asia Pacific calcium carbonate market is poised to generate the highest share of 30 % by the end of 2037, backed by growing demand for ready-to-eat food which usually has plastic packaging. The retail sale in China of processed food accounted for more than USD 280 Billion by 2020. Additionally, the prevalence of carbon emissions is also high in the region. Therefore, this could be also an important element for the growing use of calcium carbonate, as a large number of environmental applications utilize ground calcium carbonate, a substance that is moderately alkaline. Furthermore, growing investment in construction projects is also set to dominate the market expansion in this region.
North American Market Analysis
Additionally, the calcium carbonate market in North America is estimated to have noteworthy growth over the forecast period. The growing demand for bottles and jars which are usually manufactured using glass is projected to influence the market expansion. Also, a large number of people are growing health conscious in this region. As a result, their demand for dietary supplementary is on the rise. Whenever the calcium intake from food itself is inadequate calcium carbonate is taken as a dietary supplement. Hence, the demand for calcium carbonate is growing in North America.
Asia-Pacific Market Forecast
The Asia Pacific calcium carbonate market is projected to hold the largest market share by the end of 2037. The region’s demand for paint & coating goods significantly increased as a result of the construction and automobile sectors' explosive growth. According to the Polymer Paint Color Journal, nearly 69% of the nation's paint consumption is accounted for by the architectural segment, with the industrial segment accounting for the remaining 31% of the nation's paint and coating production. Since the consumption in industrial sub-segments like automotive has increased over the past five years, the share of the architectural segment has decreased from 73% to 69%, which is encouraging for the country's overall paints & coating industry's future growth. According to the Indian Paint Association, the country's paint and coating sector would grow from USD 7.70 billion to USD 12.34 billion during the next five years. Furthermore, the increasing paper production in countries, such as India and China will propel the market growth of calcium carbonate in the region.
European Market Statistics
The Europe calcium carbonate market is estimated to be the second largest, registering a market revenue of USD 13.86 Billion by the end of 2037. The growth of the market can be attributed majorly to the rising use of paper in the packaging of food and other items. Packaging accounts for more than 40% of all paper and paperboard usage in Europe, with the food industry accounting for more than 50% of all paper and paperboard consumption. Furthermore, renovation of existing buildings in the region is also expected to augment the market growth in Europe.
Author Credits: Rajrani Baghel
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