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.
Browse 105
Market Data Tables and 36 Figures spread through 145 Pages and
in-depth TOC on "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"
Major companies
operating in the calcite industry include Imerys S.A. (France), Omya AG
(Switzerland), Minerals Technologies Inc. (US), Huber Engineered Materials
(US), and Gulshan Polyols Ltd. (India). These companies account for a major
share of the market.
The paper application is projected to be the major
consumer of calcite during the forecast period
The global calcite market is segregated based on
application into paper, paints & coatings, construction, plastics,
adhesives & sealants, and others. In terms of value & volume, the paper
application accounted for the largest share of the market in 2018. 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.
Asia Pacific is projected to be the largest
consumer of calcite during the forecast period
Based on region, the calcite market is segregated
into Asia Pacific, the Middle East & Africa, North America, Europe, and
South America. Among these, the Asia Pacific accounted for the largest share in
2018 and is also projected to grow at the highest CAGR during the forecast
period. This growth is attributed to the expansion in calcite manufacturing 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 are expected to fuel the growth of the market in the region
during the forecast period.
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Recent
Developments
- In November 2019, Imerys S.A. acquired some
assets of the EDK company, a leading producer of ground calcium carbonates
(GCC) in Brazil. These assets include three operating plants and 100
employees, which generated annual revenues of USD 15.5 million in 2018.
- In June 2019, Minerals Technologies Inc.
installed and deployed a new ENVIROFIL PCC technology, a new, innovative
recycling technology that allows papermakers to recover mineral pigments
from the deinking residue by converting these raw materials, at
UPM-Kymmene Corporation’s paper mill in Schongau, Germany. This process
has proven to substantially improve waste paper yield, mitigating solid
waste disposal costs, and reducing the environmental impact of the
deinking process.
- In November 2018, Omya AG introduced a new
functionalized calcium carbonate for use in biopolymers under the brand
name, Omya Smartfill 55– OM. The new calcium carbonate is used
particularly as filler material for polylactic acid (PLA) as this does not
demonstrate almost any hydrolysis when processed at filler loads of up to
40%.
- In November 2018, Nordkalk Corporation
increased its production capacity of limestone in Turkey. The new crushing
plant increases the annual production capacity to 2.5 million tons of
limestone, offered in several fractions. In addition to capacity increase,
the plant enhances the health and safety conditions and impact of
production on the environment.
Key
Questions addressed by the report
- What are the future revenue pockets in the
calcite market?
- Which key developments are expected to have a
long-term impact on the calcite industry?
- Which type is expected to cannibalize existing
markets?
- How is the current regulatory framework
expected to impact the market?
- What will be the future product mix of the
calcite industry?
- What are the prime strategies of leaders in
the calcite market?
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Imerys S.A. (France) is one of the leading players
in the calcite market and has been adopting inorganic & organic strategies
to sustain its market position. For instance, in November 2019, Imerys S.A.
acquired some assets of the EDK company, a leading producer of ground calcium
carbonates (GCC) in Brazil. These assets include three operating plants and 100
employees, which generated annual revenues of USD 15.5 million in 2018. In
February 2018, Imerys S.A. acquired the carbonate business of Vimal Microns
(India), a major producer of ground calcium carbonate for polymer and coating
applications.
Omya AG (Switzerland) is another major company in
the calcite market. It has been adopting organic and inorganic strategies to
sustain its position in the market. For instance, in November 2018, the company
established a research center for crop cultivation at Oftringen. It undertakes
studies through the systematic analyses of natural calcium carbonate in agriculture.
Insights gained at the center have proven valuable for the development of new
products and innovative technologies for agriculture. In November 2018, Omya AG
introduced a new functionalized calcium carbonate for use in biopolymers under
the brand name, Omya Smartfill 55– OM. The new calcium carbonate is used
particularly as filler material for polylactic acid (PLA) as this does not
demonstrate almost any hydrolysis when processed at filler loads of up to 40%
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