NEW
YORK, May 20, 2024 /PRNewswire/ -- The
global precipitated calcium carbonate market size is
estimated to grow by USD 2507.55 mn
from 2023-2027, according to Technavio. The market is estimated to
grow at a CAGR of 4.75% during the forecast period.
For more insights on the forecast market size and
historic data (2017 - 2021) - Download
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Forecast
period
|
2023-2027
|
Base Year
|
2022
|
Historic
Data
|
2017 - 2021
|
Segment
Covered
|
Type (Pharmaceutical
grade and Industrial grade), End-user (Paper, Plastic, Paint,
Adhesive and sealant, and Others), and Geography (APAC, Europe,
North America, Middle East and Africa, and South
America)
|
Region
Covered
|
APAC, Europe, North
America, Middle East and Africa, and South America
|
Key companies
profiled
|
Blue Mountain Minerals,
Cales de Llierca SA, Carmeuse Coordination Center SA, Chemical and
Mineral Industries Pvt. Ltd., FIMATEC Ltd., GCCP Resources Ltd.,
Graymont Ltd, Guangdong Qiangda New Materials Technology Co. Ltd.,
Gulshan Polyols Ltd., Imerys S.A., Lhoist SA, Longcliffe Quarries
Ltd., Minerals Technologies Inc., Mississippi Lime Co., Nordkalk
Corp., Okutama Industry Co. Ltd., Omya International AG, SCHAEFER
KALK GmbH and Co. KG, SCR Sibelco NV, and Shiraishi Kogyo Kaisha
Ltd.
|
Key Market Trends Fueling Growth
Precipitated Calcium Carbonate (PCC), available in diverse
crystal shapes and sizes, is a significant market player. Notably,
nano-precipitated calcium carbonate (NPCC), under 0.1 microns or
100 nanometers, is gaining popularity. Primarily used in automotive
and construction sealants, NPCC undergoes a controlled
precipitation process for uniformity. Widely employed in paper,
paint, rubber, and plastic industries, NPCC enhances sealant
properties like viscosity, slump, and sag. Additionally, it finds
applications in agriculture, healthcare, and construction sectors,
impacting filler usage, paper coating, and surface
finishing.
Market Challenges
- The Precipitated Calcium Carbonate (PCC) market is influenced
by various factors. Crushed limestone, a primary source of calcium
carbonate, is economically significant, with some reserves yielding
up to 99%. However, most limestone reserves are geographically
distant from major consuming regions, making mining operations
uneconomical for PCC manufacturers. Environmental concerns,
including noise and air pollution, result in high compliance costs.
Cheaper imports also impact profit margins. Key applications of PCC
include fillers in plastics, paper coating, and medicines. Tight
regulations and social distancing norms have stalled some
industries, affecting demand for PCC in sectors like construction
and paper. Additionally, PCC is used in healthcare and
pharmaceuticals, opaque paints and coatings, and tissue production.
The market for PCC is diverse, with applications in packaging,
rubber, and surface finishing. Despite challenges, the market
continues to grow due to increasing demand for green applications
and smoothness in various industries.
Research report provides comprehensive data on
impact of trend, driver and challenges - Buy
Report
Segment Overview
This precipitated calcium carbonate market report extensively
covers market segmentation by
- Type
- 1.1 Pharmaceutical grade
- 1.2 Industrial grade
- End-user
- 2.1 Paper
- 2.2 Plastic
- 2.3 Paint
- 2.4 Adhesive and sealant
- 2.5 Others
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Pharmaceutical grade- Pharmaceutical-grade
Calcium Carbonate, a specialized type of calcium carbonate, holds
significant market share in various industries due to its stringent
quality and purity standards. This market segment caters to Tight
Environmental Regulations in the pharmaceutical and healthcare
sectors. The Tissue demand for calcium mineral supplements in
healthcare applications propels the growth of this market.
Precipitated Calcium Carbonate (PCC) is a key component in this
market segment. It is extensively used as a filler in various
applications, including Additives, Adhesives and sealants, and
Coating purposes. In the Construction sector, PCC is utilized as a
mineral filler in Building and Construction activities, providing
essential Macronutrients and Micronutrients. The Precipitated
Calcium Carbonate market also caters to the Agriculture industry,
where it is used as a liming agent to improve soil quality. In the
Alkaline papermaking process, PCC is employed as a filler to
enhance paper brightness. PCC's versatility extends to the
Manufacturing sector, where it is used as a base material in the
production of Antacids, alleviating symptoms of heartburn and acid
indigestion. The availability of substitutes, such as Kaolin and
Limestone, poses a challenge to the market growth. The Precipitated
Calcium Carbonate market is further segmented based on its
applications in Basic materials, Construction, Consumption, and
Economic activities. The market's consumption is driven by the
increasing demand for Calcium carbonate in various industries,
including Healthcare and Pharmaceuticals, and the Construction
sector. In conclusion, the Precipitated Calcium Carbonate market
segment caters to various industries, including Healthcare and
Pharmaceuticals, Construction, Agriculture, and Manufacturing, with
its applications ranging from Calcium mineral supplements to
Antacids and fillers. The market's growth is driven by the
increasing demand for calcium carbonate as a mineral filler and its
essential role in various industries.
For more information on market segmentation with
geographical analysis including forecast (2023-2027) and historic
data (2017 - 2021) - Download a Sample Report
Research Analysis
The Precipitated Calcium Carbonate (PCC) market plays a
significant role in various industries, including the plastics
industry and healthcare sector. PCC is derived from Calcium
Carbonate, which is abundantly available in nature in the form of
limestone, aggregate, and crushed stone. In the context of
eco-friendly applications, PCC is used as a filler and coating
agent in paper production, adhering to social distancing norms in
manufacturing processes. PCC contributes to the opacity and
brightness of the paper, making it an essential component in the
paper sector. Additionally, PCC is used as an antacid in the
healthcare sector due to its neutralizing properties. Overall, the
Precipitated Calcium Carbonate market is a vital contributor to
numerous industries, providing sustainable and effective
solutions.
Market Research Overview
The Precipitated Calcium Carbonate (PCC) market refers to the
global trade of this inorganic chemical compound. PCC is produced
through a process called precipitation, where calcium ions are
combined with carbonate ions to form calcium carbonate. This white
powder is widely used in various industries, including paper,
paint, plastics, pharmaceuticals, and food and beverages. Its
excellent properties, such as high brightness, large particle size,
and high reactivity, make it a preferred choice for numerous
applications. The demand for PCC is driven by the growth of end-use
industries, particularly in emerging economies. The market is
segmented based on application, region, and production process. The
production process includes the precipitation process, which is the
focus of this market. The market is expected to grow at a
significant rate due to the increasing demand for PCC in various
industries.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Pharmaceutical Grade
- Industrial Grade
- End-user
-
- Paper
- Plastic
- Paint
- Adhesive And Sealant
- Others
- Geography
-
- APAC
- Europe
- North America
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio