Global Calcium Carbonate Industry

Global Calcium Carbonate Market to Reach $32. 6 Billion by 2027. Amid the COVID-19 crisis, the global market for Calcium Carbonate estimated at US$23. 8 Billion in the year 2020, is projected to reach a revised size of US$32.

New York, Aug. 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Calcium Carbonate Industry" - https://www.reportlinker.com/p05817762/?utm_source=GNW
6 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027. Paper, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$16 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Paints & Coatings segment is readjusted to a revised 5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $6.5 Billion, While China is Forecast to Grow at 7% CAGR

The Calcium Carbonate market in the U.S. is estimated at US$6.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.6 Billion by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Plastics Segment to Record 4.9% CAGR

In the global Plastics segment, USA, Canada, Japan, China and Europe will drive the 4.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$2.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.3 Billion by the year 2027, while Latin America will expand at a 5.8% CAGR through the analysis period. We bring years of research experience to this 15th edition of our report. The 218-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • Agsco Corporation

  • Blue Mountain Minerals

  • Carmeuse Lime & Stone, Inc.

  • Carthage Crushed Limestone

  • Cerne Calcium Company

  • GLC Minerals

  • Greer Industries, Inc.

  • J.M. Huber Corporation

  • Kerford Limestone

  • Midwest Calcium Carbonates

  • Mineral Technologies Inc.

  • Mississippi Lime Company

  • Mountain Materials, Inc.

  • National Lime & Stone Company

  • Omya AG (Omya Group)

  • Parchem Fine & Specialty Chemicals

  • Pennsy Supply, Inc.

  • United States Lime & Minerals, Inc.