Calcium Carbonate Market in North America to grow by 6.98 million tons from 2022 to 2027 | Market driven by the increasing use of calcium carbonate as industrial fillers - Technavio
The calcium carbonate market in North America size is set to grow by6,980.07 thousandtons from 2022to 2027 and register a CAGR of 5.04%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.Read our Sample Report
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The report also covers the following areas:
-- Calcium Carbonate Market in North America size
-- Calcium Carbonate Market in North America trends
-- Calcium Carbonate Market in North America industry analysis
The market is fragmented, and the degree of fragmentationwill accelerateduring the forecast period. AGSCO Corp., Arkema Group, Brookville Manufacturing, Carmeuse Coordination Center SA, Cerne Calcium Co., CRH Plc, GLC Minerals, Graymont Ltd, Greer Industries, Imerys S.A., J M Huber Corp., Kerford Limestone, Lhoist SA, Mccarthy-Bush Corp., Minerals Technologies Inc., Mississippi Lime Co., Newpark Resources Inc., Omya International AG, Pete Lien and Sons Inc., and Solvay SA are some of the major market participants.
Calcium Carbonate Market in North America 2023-2027: Segmentation
-- Application
-- Fillers
-- Pigments
-- Raw Chemical Materials
-- PH Balancing Agents
-- Dietary Supplements
-- End-user
-- Paper
-- Paints And Adhesive
-- Plastics
-- Healthcare
-- Others
-- Type
-- GCC
-- PCC
The market share growth by thefillers segmentwill be significant during the forecast period.Fillers are mainly used as additives in composite materials, plastics, and concrete to enhance the properties of the final products. They are also used as alternatives to expensive binders.Calcium carbonate is used in numerous applications, including cement, plastics, rubber, and paper. The most common grade of calcium carbonate filler is derived from limestone or marble and is widely used in sealants for automobile parts. Thus, owing to such advantages offered by fillers, the segment is anticipated to grow during the forecast period.
Calcium Carbonate Market in North America 2023-2027: Vendor Analysis and Scope
Some of the major companies in the calcium carbonate market in North Americainclude AGSCO Corp., Arkema Group, Brookville Manufacturing, Carmeuse Coordination Center SA, Cerne Calcium Co., CRH Plc, GLC Minerals, Graymont Ltd, Greer Industries, Imerys S.A., J M Huber Corp., Kerford Limestone, Lhoist SA, Mccarthy-Bush Corp., Minerals Technologies Inc., Mississippi Lime Co., Newpark Resources Inc., Omya International AG, Pete Lien and Sons Inc., and Solvay SA. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ companies operating in the market.
Company offerings
-- AGSCO Corp. -The company offers calcium carbonate such as Industrial calcium carbonate.
-- Arkema Group -The company offers calcium carbonate such as Rheosperse 3266.
-- Carmeuse Coordination Center SA -The company offers calcium carbonate such as precipitated calcium carbonate.
What's New? -
-- Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
-- Global competitiveness and key competitor positions
-- Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial -Buy the report!
Market Dynamics
Key Calcium Carbonate Market Driver In North America
The increasing use of calcium carbonate as industrial fillers is notably driving market growth.
SignificantCalcium Carbonate Market TrendIn North America
The rising demand for nano calcium carbonate in the plastics and rubber industries is an emerging market trend.
Major Calcium Carbonate Market Challenge In North America
The declining sources of limestone are major challenges hindering the market.Limestone is the primary source of calcium carbonate. Some of the limestone reserves can yield as high as 98%-99% of calcium carbonate. In North America, limestone reserves are geographically concentrated, particularly in the US. Most of the limestone reserves are found away from their significant consuming regions. Due to this, limestone mining operations are regarded as economically not possible by calcium carbonate manufacturers. Noiseand air pollution are hindering market growth due to the risingenvironmental and public concerns about limestone mining.Also, cheaper imports are lowering the prices of limestone and calcium carbonate, hence disturbing the profit margins of the companies. Moreover, finding and creating new limestone quarries is a slow and time-consuming process.Consequently, these factors will impede market growth during the forecast period.
Calcium Carbonate Market in North America 2023-2027: Key Highlights
-- CAGR of the market during the forecast period 2023-2027
-- Detailed information on factors that will assist calcium carbonate marketgrowth in North America during the next five years
-- Estimation of the calcium carbonate market size in North America and its contribution to the parent market
-- Predictions on upcoming trends and changes in consumer behavior
-- The growth of the calcium carbonate market in North America
-- Analysis of the market's competitive landscape and detailed information on companies
-- Comprehensive details of factors that will challenge the growth of calcium carbonate market companies in North American
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Table of contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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Contact
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com
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