Calcium Carbonate Market: 2013 - 2019
Albany, NY (PRWEB) September 09, 2014
What is common between egg shells, pearls, snails, and coal balls? All of these contain calcium carbonate-a naturally occurring material that exists in shells and rocks. This material is also integral to lime that is used for agricultural purposes. Other widely seen applications of calcium carbonate in the medical field include usage in calcium supplements as well as in antacids.
Calcium carbonate is typically obtained from two major sources-geological and biological.
- Geological sources: These include materials recovered from the earth such as aragonite, marble, limestone, calcite, chalks, and travertine.
- Biological sources: Some of the biological sources in which calcium carbonate occurs include eggshells, sea shells, snail shells, oyster shells and so on.
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- An overview of the Calcium Carbonate Market:
Calcium carbonate has several uses, as discussed earlier on in this article. However, there are various products within the calcium carbonate industry and these can be segmented as follows: ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). Each of these product segments has unique uses and applications.
Some of the industries that rely on applications of calcium carbonate to a great extent include: pharmaceutical, agriculture, architecture, construction, paper, plastics, environmental applications, coatings, and so on. In addition to these industries, calcium carbonate also finds applications in the rubber and paper industries where it is widely utilized as commercial filler. This inorganic material also finds extensive use in the metalloid mineral applications.
The calcium carbonate market almost immediately reflects changes taking place in ancillary industries such as automotive, paper, construction, as well as plastic industries, which are in turn directly affected by any instability in the economy.
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During the recession years, there was a noticeable decline in the consumption of calcium carbonate as many of the core industries that consume this material were hit by the economic crisis. The demand for precipitated calcium carbonate witnessed a greater dip because of the steep decline in the American and European paper production during the recession period.
However, market analysts project that this segment within the calcium carbonate market will recover steadily and even post better growth figures over the long run. This long-term growth is expected to be propelled by its increasing use in the pulp and paper industry. Worldwide, a gradual change in brewing in paper mills as alkaline-based process technology is taking over from the conventionally-used acid-based process technology. Experts also predict that growth in this sector will mainly stem from a growing demand for a material known as nano-calcium carbonate as well as precipitated calcium carbonate.
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A new market research report on this industry states that the largest market for calcium carbonate is no longer the U.S. or Europe, but the business is shifting towards Asia-Pacific, which is also the fastest growing market for calcium carbonate thanks to the expansion of the paper and plastics industries.
- Factors that will propel the Calcium Carbonate Industry:
A larger paper production volume has resulted with new paper mills being established. A greater volume of mineral loadings in paper so as to reduce the usage of pulp is yet another factor that will push the calcium carbonate-both PCC and GCC-industry forward.
China is likely to be the major growth contributor in this industry, with a burgeoning demand for paperboard as well as paper in the country. However, an analysis of the market also shows that the growth of the calcium carbonate will be at a moderate pace in developed regions of the world.
- Products and segments within the Calcium Carbonate Industry:
Besides being the largest, the product segment of ground calcium carbonate is also the fastest growing globally. Market experts opine that GCC demand will be robust in Asia countries. On the other hand, growth in Europe and North America is projected to be slow or flat. Overall, a rapid rate of industrialization in Lation America and Asia Pacific is likely to have a greater impact on the growth of the calcium carbonate market.
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