the global Calcite Market size was USD 10.79 Billion in 2022 and is expected to reach USD 17.92 Billion in 2032, and register a revenue CAGR of 5.8% during the forecast period. Rising demand for calcite in the building industry as well as the industry's increasing use of the mineral in paper and pulp are major factors driving market revenue growth. Revenue growth of the construction industry is expected to be driven by substantial use of calcite in the production of cement, one of the main building materials. Demand for calcite is expected to rise in the construction industry due to increased need for building materials and rapid urbanization of developing countries, which will drive revenue growth of the market.
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Major Companies:
- Omya AG
- Imerys
- Minerals Technologies Inc.
- Huber Engineered Materials
- Gulshan Polyols Ltd.
- Shree Ganesh Minerals
- Jay Minerals
- Maruo Calcium Co. Ltd.
- Mississippi Lime Company
- Excalibar Minerals LLC
Calcite Market trends and Demand:
Construction Industry: Calcite is used as a building material, particularly in the form of limestone and marble, which are widely used in construction and architecture. The growth in the construction industry, especially in emerging markets, can drive the demand for Calcite.
Paper and Pulp Industry: Calcite is used as a filler material in the paper and pulp industry to enhance brightness, opacity, and smoothness of paper products. The demand for Calcite in this sector is linked to the growth of the paper and packaging industries.
Paints and Coatings: Calcite is used as a pigment extender in paints and coatings, providing improved properties such as whiteness, opacity, and durability. The demand for Calcite in this application is influenced by the growth of the paints and coatings industry.
Plastics and Polymers: Calcite is used as a filler in plastics and polymers to improve various properties such as stiffness, impact resistance, and dimensional stability. The demand for Calcite in this sector can be influenced by the growth of the plastics industry.
Agriculture: Calcite is used as a soil conditioner and fertilizer to improve soil health and provide essential nutrients to plants. The demand for Calcite in agriculture is linked to the size and health of the agricultural sector.
Key questions addressed in the report:
- What is the expected market size of the global Calcite market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Calcite market?
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Calcite Market Segmentation:
Type Outlook:
- Ground Calcium Carbonate
- Precipitated Calcium Carbonate
- Coated Calcium Carbonate
Application Outlook:
- Paper
- Plastics
- Paints & Coatings
- Construction
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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