The Latest Calcium Carbonate Industry Statistics Explained
The global calcium carbonate market was valued at USD 43.89 billion in 2020.
The statistic ‘The global calcium carbonate market was valued at USD 43.89 billion in 2020’ represents the total market size in terms of monetary value for calcium carbonate products worldwide during the year 2020. Calcium carbonate is a versatile mineral used in various industries such as paper, plastic, paint, and construction. The market value indicates the level of demand and consumption of calcium carbonate products across different sectors and regions globally. This statistic serves as a key indicator for the economic significance and growth potential of the calcium carbonate industry, reflecting the market dynamics, trends, and opportunities for businesses operating in this sector.
Asia’s Pacific market accounts for the largest share of the global Calcium Carbonate Industry, with a 50% market share.
The statistic indicates that Asia’s Pacific market is the dominant player in the global Calcium Carbonate industry, holding a substantial market share of 50%. This suggests that half of the world’s consumption and production of Calcium Carbonate occurs in the Asia-Pacific region, illustrating the region’s significant influence and importance in the industry. Factors contributing to this dominant position may include the region’s large population, industrial growth, and demand for Calcium Carbonate in various sectors such as construction, paper and pulp, plastics, and pharmaceuticals. This statistic highlights the strategic significance of the Asia-Pacific market in the global Calcium Carbonate industry and underscores the region’s pivotal role in shaping market trends and dynamics.
Construction industry remained the largest end use industry for calcium carbonate, with nearly 20.5% share globally.
This statistic indicates that the construction industry maintained its position as the leading end-user of calcium carbonate on a global scale, capturing a substantial market share of nearly 20.5%. Calcium carbonate is commonly used in the construction industry for various applications such as in the production of cement, concrete, and other building materials due to its properties such as high strength and durability. The consistent dominance of the construction sector as the largest consumer of calcium carbonate underscores the industry’s strong demand for the mineral and its integral role in the construction and infrastructure development activities worldwide.
Calcium Carbonate market in Europe is expected to grow at a CAGR of around 1.2% during 2021-2026.
The statistic indicates that the Calcium Carbonate market in Europe is projected to exhibit a Compound Annual Growth Rate (CAGR) of approximately 1.2% between 2021 and 2026. This suggests a slow but steady growth trend in the market over the specified period. The CAGR is a useful measure in assessing the average annual growth rate of a market, providing insights into its overall performance and potential future trajectory. A CAGR of 1.2% signifies gradual expansion in market size and demand for Calcium Carbonate products within the European region, indicating a positive outlook for the industry during the forecasted timeframe.
The paper industry is the largest consumer of calcium carbonate, where it is used as a raw material.
This statistic indicates that the paper industry is the primary sector that consumes calcium carbonate as a raw material in its production processes. Calcium carbonate is a common mineral used in various industries due to its properties, such as being a key component in paper fillers and coatings. The high consumption of calcium carbonate by the paper industry suggests the significant reliance of this sector on the mineral for the manufacturing of paper products. This statistic underscores the importance of calcium carbonate as a crucial ingredient in the paper production supply chain and highlights the paper industry as the major user of this raw material.
Ground calcium carbonate accounted for the major share of the market, with about 75% in 2020.
This statistic indicates that ground calcium carbonate held the largest portion of the market in 2020, comprising approximately 75% of the total market share. Ground calcium carbonate is a commonly used mineral additive in various industries, including the manufacturing, construction, and pharmaceutical sectors. Its popularity and widespread usage can be attributed to its versatility, cost-effectiveness, and beneficial properties such as high brightness, particle size distribution, and compatibility with other materials. The dominance of ground calcium carbonate in the market suggests a strong demand for this mineral compound and underscores its importance as a key ingredient in a wide range of applications.
The precipitated calcium carbonate sector is predicted to achieve the highest CAGR of 5.2% over the forecast period and is expected to reach a value of US$ 4.6 Billion by 2027.
This statistic indicates that the precipitated calcium carbonate sector is projected to experience significant growth in the upcoming years, with a Compound Annual Growth Rate (CAGR) of 5.2% over the forecast period. This growth suggests a strong market demand for precipitated calcium carbonate products, which are used in various industries such as paper, plastics, and pharmaceuticals. The sector is anticipated to reach a value of US$ 4.6 billion by the year 2027, reflecting the increasing importance and utilization of precipitated calcium carbonate in different applications. The positive outlook for this sector highlights opportunities for businesses operating in the precipitated calcium carbonate market to expand and capitalize on this growth trend.
The calcium carbonate consumption in the United States was projected to be around 2.4 million metric tons in 2020.
The statistic ‘The calcium carbonate consumption in the United States was projected to be around 2.4 million metric tons in 2020’ indicates the estimated quantity of calcium carbonate that was expected to be consumed in the United States in the year 2020. Calcium carbonate is a commonly used chemical compound in various industries such as construction, agriculture, pharmaceuticals, and food production. The projected consumption of 2.4 million metric tons suggests a significant demand for this versatile substance in diverse applications across the country. This statistic serves as a valuable indicator of the scale of industrial activities and economic growth reliant on calcium carbonate in the United States during the specified time period.
In 2015, China was the largest producer of calcium carbonate with a production volume of about 27 million metric tons.
The statistic indicates that in the year 2015, China held the top position as the largest producer of calcium carbonate globally, with a substantial production volume of around 27 million metric tons. Calcium carbonate is a commonly used mineral compound utilized in various industries such as construction, agriculture, pharmaceuticals, and manufacturing. China’s significant production volume highlights its dominant role in meeting the demand for calcium carbonate both domestically and internationally. This statistic underscores China’s industrial capacity and economic influence in the global market for calcium carbonate products.
The calcium carbonate market in Latin America was valued at $525.0 million in 2019 and is expected to reach $781.1 million by 2027.
The statistic provided indicates that the calcium carbonate market in Latin America experienced a value of $525.0 million in 2019, which is projected to grow significantly to $781.1 million by the year 2027. This suggests a substantial potential for growth in the market over the forecast period. The increase in market value reflects a rising demand for calcium carbonate in various industries across Latin America, such as construction, agriculture, and pharmaceuticals. Factors driving this growth could include population growth, urbanization trends, infrastructure development, and increasing adoption of calcium carbonate in manufacturing processes. This data underscores the importance of calcium carbonate as a key industrial mineral within the region and highlights opportunities for industry stakeholders to capitalize on this growth potential.
The calcium carbonate market in the Middle East was worth nearly USD 2.1 billion in 2018 and will expand at a CAGR of 5.9% up to 2025.
The statistic indicates that the calcium carbonate market in the Middle East had a market size of around USD 2.1 billion in 2018. Furthermore, it is projected that this market will experience a compound annual growth rate (CAGR) of 5.9% between 2018 and 2025. This suggests that the market is expected to continue growing steadily over the next few years. The CAGR provides a measure of the annual growth rate over a specified period, smoothing out fluctuations to provide a more consistent picture of how the market is likely to evolve. Overall, this statistic highlights the current size of the market and its growth potential in the coming years, which can be valuable information for stakeholders and decision-makers in the industry.
In 2020, the paints & coatings segment accounted for a 9.7% share of the global calcium carbonate market.
In 2020, the paints & coatings segment accounted for a 9.7% share of the global calcium carbonate market, indicating the proportion of calcium carbonate consumption attributed to this specific industry. This statistic suggests that paints & coatings manufacturers were significant consumers of calcium carbonate in 2020, utilizing the mineral in their products for various purposes such as enhancing texture, opacity, and durability. The 9.7% share indicates the relative importance of the paints & coatings sector as a driver of demand for calcium carbonate globally, highlighting its significance within the overall market landscape.
The GCC countries calcium carbonate market is projected to grow at a CAGR of 6% over the coming years.
This statistic indicates that the calcium carbonate market in the Gulf Cooperation Council (GCC) countries, which include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, is expected to experience a Compound Annual Growth Rate (CAGR) of 6% in the foreseeable future. This implies that the demand for calcium carbonate in various industries such as construction, agriculture, pharmaceuticals, and others is anticipated to increase steadily at a rate of 6% per year. Factors driving this growth may include infrastructure development projects, rising population leading to increased construction activities, and the expanding agriculture sector. The projected CAGR serves as a valuable metric for stakeholders in the calcium carbonate market to plan investments, assess market opportunities, and make strategic decisions to capitalize on the growth prospects within the GCC region.
Conclusion
Overall, the statistics on the calcium carbonate industry provide valuable insights into the market trends, production volumes, and key players within the industry. By analyzing these statistics, businesses can make informed decisions to optimize their operations and capitalize on the opportunities presented in this growing sector.
References
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