Calcium Carbonate Market Dynamics: Growth in Sustainable Products

The global calcium carbonate market size is expected to reach USD 74.64 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2023 to 2030. Calcium carbonate is a compound that is commonly found in rocks, such as limestone and dolomite. The product is extracted by quarrying or mining and is further processed to form precipitated calcium carbonate (PCC) or ground calcium carbonate (GCC).

The product is extensively used in various applications including paper, paints and coatings, food, health-related products, and building and construction materials. The COVID-19 pandemic impacted both the production and consumption of calcium carbonate. However, the demand is high in the healthcare market and related industries, mainly in the paper industry due to rising concerns regarding personal hygiene, which is boosting the demand for tissue papers.

Access the Calcium Carbonate Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research

The global market is highly competitive owing to the presence of numerous established players in the industry that are integrated across the value chain. In January 2021, Audax Private Equity announced the completion of the sale of Gabriel Performance Products to Huntsman Corporation. The competitive scenario is intense for the market as major players have reported losses during the first half of 2020. For example, Mineral Technologies reported a loss of 14.44% and Imerys reported a loss of 15.3% in their revenue for Q2 2020.

Calcium Carbonate Market Report Highlights

Order Your Sample Copy of the Calcium Carbonate Market Size, Share & Trends Analysis Report By Type (GCC), By Application (Automotive, Building & Construction, Agriculture), By Region, And Segment Forecasts, 2024 - 2030

Key Companies & Market Share Insights

Key companies are adopting several organic and inorganic growth strategies, such as capacity expansion, mergers & acquisitions, and joint ventures, to maintain and expand their market share.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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