DUBLIN--(BUSINESS WIRE)--The "Calcite Market by Type (GCC, PCC), Application (Paper, Paints & Coatings, Construction, Plastics, Adhesives & Sealants), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
In terms of value, the global calcite market size is estimated to be USD 10.1 billion in 2019 and projected to reach USD 13.0 billion by 2024, growing at a CAGR of 5.2% from 2019 to 2024.
Increasing demand for paper and plastics, coupled with easy availability and cost-effectiveness, are expected to drive the growth of the market during the forecast period. Additionally, growth of the paper industry in the Asia Pacific region especially in China, Japan, and India is expected to fuel the market.
Ground calcium carbonate is the dominant type projected to drive the market during the forecast period.
Based on type, the calcite market has been classified into ground calcium carbonate and precipitated calcium carbonate. Among these, the ground calcium carbonate segment is projected to account for the largest share of the market in terms of value & volume during the forecast period. The ground calcium carbonate segment is projected to grow at the highest CAGR during the forecast period. The demand for ground calcium carbonate is driven by its wide usage as a filler in the paper application.
Paper application is the major consumer of the calcite market and is expected to grow further.
Based on application, the market has been classified into paper, paints & coatings, construction, plastics, adhesives & sealants, and others. In terms of volume and value, the paper application accounted for the largest share of the market in 2018 and is projected to grow at a moderate CAGR during the forecast period. This growth is attributed to its ability to enhance the printability, whiteness, and brightness & opacity of the paper. The plastics application is projected to grow at the highest CAGR during the forecast period.
The Asia Pacific is estimated to account for a major share of the market in 2019 and is projected to grow at the highest CAGR during the forecast period.
Based on geography, the calcite market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South Africa. In terms of value, the Asia Pacific region accounted for the largest share of the calcite market in 2018 and is also expected to grow at the highest CAGR during the forecast period. The large market size is attributed to the expansion in the manufacture of calcite and high demand from the plastics and paper industries in China, Japan, and India, among others. Moreover, cheap labor, easy availability of raw material, and other factors fuel the growth of the market in the region.
Key Benefits of Buying the Report
From an insight perspective, this report focuses on various levels of analyses, which include industry analysis (industry trends) and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the calcite market, high-growth regions, and drivers, restraints, opportunities, and challenges in the market.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on various types of calcite offered by top players operating in the calcite market.
- Product Development/Innovation: A detailed insight into upcoming technologies for the manufacture of calcite, R&D activities, and new applications in various end-use industries in the market.
- Market Development: Comprehensive information about the lucrative and emerging markets. The report analyzes the markets for calcite across different regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the calcite market.
- Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading players in the calcite market.
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Secondary Data
2.4 Primary Data
2.5 Research Assumptions and Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Calcite Market
4.2 Calcite Market, By Type
4.3 Calcite Market, By Application
4.4 Calcite Market, By Region
4.5 Asia Pacific Calcite Market, By Type and Country
5 Market Overview
5.2 Market Dynamics
5.3 Porter's Five Forces Analysis
5.4 Calcite Patent Analysis
6 Calcite Market, By Type
6.2 Ground Calcium Carbonate (GCC)
6.3 Precipitated Calcium Carbonate (PCC)
7 Calcite Market, By Application
7.3 Paints & Coatings
7.6 Adhesives & Sealants
8 Calcite Market, By Region
8.2 Asia Pacific
8.3 North America
8.5 South America
8.6 Middle East & Africa
9 Competitive Landscape
9.2 Strength of Product Portfolio
9.3 Business Strategy Excellence
9.4 Market Share of Key Players in the Calcite Market, 2018
10 Company Profiles
10.1 Imerys S.A.
10.2 Omya AG
10.3 Minerals Technologies Inc.
10.4 Huber Engineered Materials
10.5 Gulshan Polyols Ltd.
10.6 Nordkalk Corporation
10.7 Wolkem India Ltd.
10.9 Esen Mikronize Maden
10.10 Mississippi Lime Company
10.12 JAY Minerals
10.13 US Aggregates
10.14 Columbia River Carbonates
10.15 Golden Lime Public Company Limited
10.16 Shandong Citic Calcium Industry Co., Ltd
10.17 Longcliffe Quarries Ltd.
10.18 Nitto Funka Kogyo K.K.
10.19 Silver Microns Pvt. Ltd.
10.20 Northern Minerals Co. LLC
10.21 Krishna Minerals
10.22 Yuncheng Chemical Industrial Co., Ltd.
10.23 Okutama Kogyo Co., Ltd.
10.24 Maruo Calcium Co., Ltd.
10.25 United Mining Investments Co.
For more information about this report visit https://www.researchandmarkets.com/r/5rmfkt