Global Calcite Market is valued approximately USD $ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2022-2028. Calcite is mineral component of limestone. Calcite is used in construction aggregates. Further, it also used in production of lime and cement. Calcite is used as construction material, abrasive and in agricultural soil treatment among others.
Growing construction industry and rising Paper and Plastics Industries are key drivers for the growth of Calcite market. For instance, according to Oxford Economics- Global construction output in 2020 was projected at USD 10.7 trillion and the construction output is expected to grow by 42% or USD 4.5 trillion between 2020 and 2030 to reach USD 15.2 trillion.
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Furthermore, in June 2021, French industrial minerals company Imerys has expanded its presence in India and opened a new plant in Vishakhapatnam, Andhra Pradesh dedicated to the refractory and infrastructure markets. Also, with the increasing disposable income and rapid urbanization and growing investment in infrastructure projects, the adoption & demand for Calcite is likely to increase the market growth during the forecast period. However, high transportation cost of Calcite and global supply chain disruption due to pandemic restrictions impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Calcite market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and increasing penetration of commercial real estate projects in the region. Whereas, North America is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing government spending in residential and commercial construction projects in the region would create lucrative growth prospects for the Calcite market across Asia-Pacific region.
Major market player included in this report are:
Imerys S.A. (France),
Omya AG (Switzerland),
Minerals Technologies Inc. (US),
Huber Engineered Materials (US),
Gulshan Polyols Ltd. (India),
Nordkalk Corporation (Finland),
Wolkem India Ltd. (India),
Sibelco (Belgium)
J. M. Huber Corporation
ASEC Company for Mining – ASCOM
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Ground Calcium Carbonate (GCC)
Precipitated Calcium Carbonate (PCC)
By End Use Industries:
Paper & Pulp
Polymer & plastic
Paints & Coatings
Cement
Adhesives & Sealants
Agriculture
Other
By Region:
North America
U.S.
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Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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