The global calcite market is projected to be valued at USD 14.99 Billion by 2027, according to a current analysis by Emergen Research. The calcite market is witnessing strong growth, which can be attributed to the rising demand for calcite from the paper industry. Calcite is used in paper factories as a filler material in the alkaline paper production process. A major factor responsible for the growing inclination toward calcite amongst paper producers is rising demand for bulkier paper among consumers. Calcite imparts superior optical characteristics to graphic paper and it is comparatively economical. Thus, usage of calcite for paper production is driving the market.
Presently, building and construction projects deploy calcite in limestone and marble forms to make concrete and cement that can be applied in slurry form to offer durability to constructed structures. As per a report published by the Asian Development Bank, developing economies in the Asia Pacific region are required to make an investment of USD 26.00 Trillion for infrastructure development during the 2016–2030 period, which is equivalent to USD 1.70 trillion annually, in order to uphold the growth momentum and eliminate poverty. The rising focus on infrastructure development in the APAC region is estimated to boost the calcite market in the next few years.
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The report also studies the key companies of the Calcite market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.
Based on the competitive landscape, the market report analyses the key companies operating in the industry:
Nordkalk Corporation, Grupo Claidra, Omya AG, Huber Engineered Materials, Imerys SA, Greer Lime Company, LafargeHolcim Ltd., Mississippi Lime Company, Gulshan Polyols Ltd., and Mineral Technologies Inc.
Read more on the global Calcite market report at@ https://www.emergenresearch.com/industry-report/calcite-market
The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Calcite market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.
Further key findings from the report suggest
- In August 2019, Graymont made an announcement about acquisition of five lime production facilities and several limestone quarries of Sibelco located on Australia’s east coast
- Precipitated calcium carbonate is considered a highly economical mineral for manufacture of high-quality paper and other paper products by the substitution of cost-prohibitive wood pulp and kaolin clay
- Demand for calcite in the production of plastics and polymers is likely to increase significantly during the forecast period. Calcite aids in decreasing surface energy and imparts surface gloss and opacity, thereby enhancing surface finish. Besides, with its precisely controlled particle size, calcite improves stiffness and impact strength of plastics.
- The Asia Pacific region accounted for the largest share of the global calcite market in 2019, which can be attributed to growth of end-user industries in the region, especially in developing economies, including India and China. Furthermore, rapid urbanization and rising level of disposable income of people in the region are driving the market in Asia Pacific.
The report further divides the Calcite market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Calcite market.
Emergen Research has segmented the global calcite market in terms of product type, distribution channel, industry vertical, and region:
Product Type Outlook (Revenue, USD Billion; 2017–2027)
- Ground Calcium Carbonate
- Precipitated Calcium Carbonate
Distribution Channel Outlook (Revenue, USD Billion; 2017–2027)
- Offline
- Online
Industry Vertical Outlook (Revenue, USD Billion; 2017–2027)
- Paper
- Paints & Coatings
- Polymer
- Building & Construction
- Adhesives & Sealants
- Others
The study segments the Calcite industry in light of major classification such as product type, potential markets, application, and end-user. This industry assessment for the forecast period, 2020 – 2027 incorporates projections pertaining to the investment feasibility, gross margin, profits, consumption volume, production capability and major market vendors. Likewise, statistics associated with the competitive landscape, shifting consumer behaviour and spending power is showcased and well-explained with the help of treasured resources such as charts, graphs and graphic images, which can be easily incorporated in the business or corporate presentations.
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Key point summary of the report:
- The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
- It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
- The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
- It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
- Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
- The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
- The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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