Strong Consumption in Paper and Plastic Production Drives the Calcium Carbonate Market, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) January 30, 2015 -- Follow us on LinkedIn - Calcium Carbonate (CaCO3) is an inorganic mineral that finds extensive use as a functional filler in the production of plastics, paper, and rubber. Along with talc and kaolin, the mineral is extensively used in metalloid mineral applications. Growth in the global calcium carbonate market is heavily reliant on the health of the paper, automotive, plastics, and construction industries. The paper industry’s shift from acid to alkaline-based process technology is expected to benefit demand for precipitated calcium carbonate derived from natural minerals. Consumer demand for high quality, waterproof, anti-smudge paper products will drive growth in the paper industry in the coming years. In the plastic processing industry, ground calcium carbonate finds indispensable use as an additive that helps improve surface opacity and gloss and increase impact strength of plastics. Growing demand for bioplastics is expected to spur volume consumption of calcium carbonate in the plastic processing industry.
Ground Calcium Carbonate (GCC) represents the largest and the fastest growing product market, supported by growing demand for paints and plastics from the construction sector in Asia-Pacific. China ranks as a major producer of calcium carbonate worldwide. The last decade witnessed the establishment of several satellite WGCC (wet ground calcium carbonate) plants in the country. Marble deposits represent the chief source of calcium carbonate for these plants. The increase in licenses granted for mining marble will additionally benefit production of premium ultra-fine wet ground calcium carbonate in the country. A key tend in the global market is the growing prominence of nano calcium carbonate. With particle sizes ranging from 1nm and 100nm, nano calcium carbonate is highly favored in plastic and rubber production due to characteristics such as high reinforcing effect, dispersion and transparency. With most of the current demand for calcium carbonate met by low- and middle-grade material, there exists huge potential for premium-grade calcium carbonate, especially in applications such as automobile paints, adhesives, cosmetics, ink, food, and pharmaceutical industries.
As stated by the new market research report on Calcium Carbonate, Asia-Pacific represents the largest and the fastest growing market worldwide. Growth in the region is led by the rise in paper production, establishment of new paper mills, and the trend towards the use of higher mineral fillers in paper to reduce pulp usage. China, in particular, is expected to remain a major growth driver spurred by increasing use in the paper and paperboard manufacturing sector.
Key players covered in the report include Excalibar Minerals LLC, Huber Engineered Materials, Imerys, Maruo Calcium Co. Ltd., Minerals Technologies Inc., Mississippi Lime Company, Okutama Kogyo Co. Ltd., Omya AG, Schaefer Kalk GmbH & Co. KG, Shiraishi Kogyo Kaisha Ltd., and Solvay S.A, among others.
The research report titled “Calcium Carbonate: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of industry segments, trends, growth drivers, restraints, market share, size and demand projections and forecasts. Major geographic regions covered include the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Middle East, and Latin America (Brazil and Rest of Latin America). Product segments analyzed include Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC). End-use markets analyzed include Paper, Paints & Coatings, Adhesives & Sealants, Plastics, and Others. The report also offers coverage on mergers, acquisitions, product launches and other strategic industry activities of major global and regional players.
For more details about this comprehensive market research report, please click here
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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