The precipitated calcium carbonate global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Precipitated Calcium Carbonate Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The precipitated calcium carbonate market size has grown strongly in recent years. It will grow from $1.96 billion in 2023 to $2.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increasing emphasis on product quality, increasing demand for PCC, increasing demand for high-performance coatings, increasing manufacturing of consumer goods, and increasing consumer spending leads.
The precipitated calcium carbonate market size is expected to see strong growth in the next few years. It will grow to $2.73 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to a growing shift toward specialty GCC grades, focus on sustainability and environmental compliance, rapid industrialization in emerging economies, focus on effective functional filler, and focus on health and safety. Major trends in the forecast period include development in papermaking technology, adoption of digital twin technology, integration with digital marketing, integration with biodegradable materials, and advanced surface modification.
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Scope Of Precipitated Calcium Carbonate Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Precipitated Calcium Carbonate Market Overview
Market Drivers –
The growing personal care and cosmetics industry is expected to propel the growth of the precipitated calcium carbonate market going forward. The personal care and cosmetics industry refers to a broad range of products and services designed to enhance or maintain an individual’s appearance, hygiene, and overall well-being. The personal care and cosmetics industry’s growth is attributed to factors such as heightened beauty consciousness, health and wellness trends, diversity and inclusivity efforts, and e-commerce expansion. Precipitated calcium carbonate (PCC) stabilizes emulsions and suspensions in personal care products, ensuring uniform texture and extended shelf life. Its non-toxic, hypoallergenic nature, combined with cost-effectiveness, meets the demand for natural products and helps manufacturers keep prices competitive. For instance, in July 2022, according to a report published by the International Trade Administration, a US-based Department of Commerce that promotes exports of nonagricultural U.S. goods and services, in 2021, the Canadian cosmetics market generated around USD 1.24 billion, with projected annual growth of 1.45% expected to elevate revenue to USD 1.8 billion by 2024. Therefore, the growing personal care and cosmetics industry is driving the development of the precipitated calcium carbonate market.
Market Trends –
Major companies operating in precipitated calcium carbonate are focusing on the expansion of manufacturing plants to cater to the growing demand for their products. Investments and expansion in new manufacturing plants help major companies increase calcium carbonate production capacity, cater to rising demand, and solidify their market position. For instance, in April 2023, Omya International AG, a Switzerland-based minerals and specialty materials company, announced new investments in the Asia-Pacific region to support the paper and board industry. The company is setting up seven manufacturing plants for calcium carbonate in China and Indonesia, including both ground and precipitated calcium carbonate facilities. These plants will collectively offer a production capacity of about 1 million dry metric tons per year. The new facilities are expected to be operational between 2023 and 2024.
The precipitated calcium carbonate market covered in this report is segmented –
1) By Grade: Food, Pharmaceutical, Reagent, Cosmetic
2) By Distribution Channel: Direct Sales, Distributors, Online Retail, Specialty Stores
3) By Application: Polyvinyl Chloride Pipe (PVC), Rubber, Sealant And Adhesives, Paper Industry, Paint And Coating Industry, Printing Ink, Pharmaceutical Industry, Food Industry, Cosmetics Industry, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the precipitated calcium carbonate market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the precipitated calcium carbonate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the precipitated calcium carbonate market are Solvay S.A., Nippon Paper Industries Co. Ltd., Omya AG, Sibelco Group, Carmeuse Holdings Inc., Graymont Limited, Maruo Calcium Co Ltd., SCHAEFER KALK GmbH & Co. KG, Cales de Llierca S.A., Astra Mining Private Limited, Calcinor S.A., Nanoshel LLC, Lime Chemicals Limited, EZ Chemicals Inc., Shree Karni Chemicals Pvt Ltd., Chemical & Mineral Industries Private Limited, Deepali Minerals, Kunal Calcium Limited, HTMC Group, Mahaveer Ceramic Industries, Braj Chemical & Minerals
Table of Contents
1. Executive Summary
2. Precipitated Calcium Carbonate Market Report Structure
3. Precipitated Calcium Carbonate Market Trends And Strategies
4. Precipitated Calcium Carbonate Market – Macro Economic Scenario
5. Precipitated Calcium Carbonate Market Size And Growth
…..
27. Precipitated Calcium Carbonate Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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