Technavio’s latest market research report on the calcium
carbonate market in North America provides an analysis of the
most important drivers expected to impact the market outlook from
2018-2022. Technavio defines a prominent driver as a factor
that has the potential to significantly impact the market and
contribute to its growth or decline.
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Technavio has published a new market
research report on the calcium carbonate market in North America
from 2018-2022. (Graphic: Business Wire)
According to Technavio analysts, the calcium carbonate market in
North America will grow at a CAGR of close to 5% during the
forecast period. The use of calcium carbonate as a substitute for
kaolin in the paper industry is a major trend in the market.
Precipitated calcium carbonate (PCC), ground calcium carbonate,
silicate, talc, titanium dioxide (TiO2), and alumina trihydrate are
used as substitutes for kaolin. The consumption of PCC has been
increasing rapidly because of the growing demand for inkjet in the
printing industry in Canada, the US, and Mexico. PCC is
manufactured, whereas kaolin clay is quarried from natural ore
deposits. It is the most affordable mineral for manufacturing
superior quality paperboard and paper and can be used as an
alternative to expensive additives, wood pulp, and other minerals
such as kaolin. The properties of PCC such as particle size,
particle shape, surface chemistry, and surface area, can be changed
according to the requirement or application.
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In this report, Technavio highlights the increasing use of
calcium carbonates as industrial fillers as one of the key factors
driving the calcium carbonate market in North America:
Increasing use of calcium carbonates as
industrial fillers
GCC is used as a filler and extender mineral. It is also
employed as a substitute for titanium dioxide pigment in paints.
The use of ultra-fine ground white marble for filling and coating
paper is increasing. Finely ground and crushed calcium carbonate is
used as a filler in several products such as plastics, paints, and
paper. Limestone, chalk, and marble are the major sources of
calcium carbonate. In industrialized countries, the use of calcium
carbonate as a filler is expected to increase significantly in the
coming years.
“White marble reserves are the most abundant sources of
carbonate fillers. Previously, the fillers were used as substitutes
for expensive materials in paints. They were also used as
alternatives to polymers in rubber and plastics to lessen the cost
of production. The functions of these fillers have evolved, and
they provide additional features such as stiffness, color, and
opacity. The brightness, particle size, and chemical purity are the
major properties of carbonate fillers that are crucial in
industrial applications,” says a senior analyst at Technavio for
research on metals and minerals.
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Calcium carbonate market in North
America segmentation
This market research report segments the calcium carbonate
market in North America into the following applications
(fillers, raw chemical materials, pigments, pH balancing agents,
and dietary supplements), end-users (paper, plastics, paints and
adhesives, healthcare, and food), type (GCC and PCC), and key
regions (US, Canada, and Mexico).
The GCC segment held the largest market share in 2017,
accounting for nearly 81% of the market. The market share for this
segment is expected to increase steadily during the forecast
period.
The US was the leading region for the calcium carbonate market
in North America in 2017, accounting for a market share of more
than 93%. This region is expected to post steady growth during the
forecast period.
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version on businesswire.com: https://www.businesswire.com/news/home/20180421005042/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com