Calcium Carbonate Market Snapshot (2022 to 2032)

Demand for calcium carbonate is expected to witness a Y-o-Y growth of 5.1% and reach USD 24.4 Billion by 2022. The growth trend is likely to continue and reach USD 41.3 Billion by the end of the forecast period, reflecting a CAGR of 5.4% (2022 to 2032). Strong growth prospects in the cement, ceramics and paper industry to drive calcium carbonate sales across the globe, finds FMI in its latest market study.

Attribute Attribute
Calcium Carbonate Sales (2021A) USD 23,255.8 Million
Calcium Carbonate Demand (2022E) USD 24,442.7 Million
Calcium Carbonate Market Projections (2032F) USD 41,382.5 Million
Value CAGR (2022 to 2032) 5.4%
Collective Value Share: Top 3 Countries In Asia (2022E) 49.4%

Demand from GCC countries grew at a robust pace along with the East Asian region, thus, benefiting the overall demand for calcite in the global market throughout the forecast period.

The global consumption of calcium carbonate is estimated to be around 30% of the limestone market.

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2017 to 2021 Calcium Carbonate Market Outlook Compared to 2022 to 2032 Forecast

The global business of calcium carbonate has witnessed a growth of about 2.3% over the historical period between 2017 and 2021. The market had witnessed around 4.5% to 5% of year-over-year growth in the past several years, however owing to the pandemic crisis, overall historical performance has witnessed a dip in demand.

However increase in the demand from pharmaceutical industries, and an increase in the expenditure in the construction and infrastructure sector has resulted in an uptick in demand outlook during the forecast period. The market has been estimated to witness a growth rate of 5.4% over the coming assessment period.

This uptick in the compounded annual growth rate in the coming years is also expected to enhance the incremental business opportunities for the key players. Thus, to cater to maximum gain from the market, key players are increasing their production capacities and also are investing in backward chain integration to decrease production costs and increase supply chain efficiencies.

How growing building and construction sector is bolstering the sales of calcium carbonate?

Building and construction sectors are witnessing substantial growth owing to increasing investment from the government and the private sector. The growing construction of residential and commercial buildings owing to growth in urbanization and increasing disposable income of the middle-class population is expected to boost the consumption of calcium carbonate in the coming years.

Calcium carbonate is used in concrete production and ceramic material production in the manufacture of fillers and additives for paints and coatings, adhesives and sealants, and plastic materials. The rise in the demand for concrete, tiles, and marble in public, residential, and business buildings is contributing to a rise in the calcium carbonate market..

A further growing sector of construction and infrastructure is boosting the sales of paints and coatings surging the market value of calcium carbonate.

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Nikhil Kaitwade

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What opportunities did the calcite industry is witnessing from paper and plastic end-use?

Calcium carbonate is used as filler in the manufacturing of paper and plastics. Owing to significant demand for paper and plastic all over the globe, especially in Asia, Latin America and Africa bolstering the consumption of calcium carbonate. The application of paper packaging has increased across several regions as a result of reducing the use of polyethylene bags.

China, India, and South Asian countries are key paper consumers. Furthermore, the expansion in the e-commerce business all around the globe especially in India and China has increased the demand for corrugated packaging. Healthcare, education, food and stationery, and personal care businesses are utilizing paper packaging, to reduce plastic waste generation.

In the Asia Pacific region, the plastics business is also witnessing significant growth for a variety of applications including packaging, automotive, construction, electrical and electronics, and many others.

The demand for calcium carbonate is being driven by its increasing usage in various industries for a variety of objectives, including cost reduction in the packaging and construction industries, weight reduction in automotive parts, and as an insulator in electronic devices. Being used as a filler for the production of plastic materials, the demand for calcium carbonate is also expected to grow considerably over the coming years.

Country-wise Insights

What will be the Demand Outlook of the Calcium Carbonate Market in ASEAN countries?

A significant development in the industrial sector including the manufacturing and construction sector in Vietnam, Indonesia, Malaysia, and others are boosting the chemical industry in the ASEAN region. Growth in paper production coupled with plastic and rubber is escalating the sales of calcite in this region. Increasing investment in the industrial sector by overseas players owing to high growth potential is benefiting the market in these countries.

The demand forecast for the period 2022 and 2032 for calcium carbonate has been estimated to be around 6.6%. Growth in the demand for cement and ceramics and adhesives and sealants owing to the growing construction and infrastructure sector is further anticipated to propel the demand for calcium carbonate.

Malaysia is expected to be a prominent exporter of calcium carbonate all over the globe owing to the higher production volume of the product.

What is the Growth Outlook of the Calcium Carbonate Market in China?

Significant growth in the end-use industries in the past several years in China has boosted the chemical industry growth. Significant production volume and being a leader in the chemical industry have resulted in making China a key supplier all over the globe. The higher presence of the key manufacturers along with several small and medium-sized players in the market has maintained the supply of calcite in the country

The strong production volume of plastics and rubber, cement and ceramics, paints, and coatings has resulted in significant demand for calcium carbonate in the country. Moreover, China is a dominating manufacturer of paper all over the globe. All these factors are expected to create an incremental dollar opportunity of USD 5,506.1 Million between the period 2022 and 2032.

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Category-wise Insights

What Factors Fueling the demand for Calcium Carbonate as Fillers in various end-use Industries?

Substantial demand for fillers in the building and construction, automotive, electronics, and packaging industries has bolstered the sales of calcium carbonate all over the globe. The inorganic compound is used as fillers in paper and pulp, plastics and rubber, paints and coatings, and cement and ceramics. Growing demand for these materials from construction and various other end-uses is boosting the market for calcium carbonate.

About 70% of calcium carbonate is estimated to be consumed as filler in various end-use industries. However, owing to the presence of various types of fillers in the global chemical industry, calcium carbonate as fillers is expected to witness a downward trend in the demand outlook over the forecast period

Which is expected to be a key end-use industry for Calcium Carbonate Market?

The Paper industry is projected to create about USD 5,975.5 Million of incremental dollar opportunity over the assessment period. High production volume of paper and pulp especially in China, the USA, Japan, Germany, and South Korea have boosted the market of calcite in these markets.

With the emergence of digitalization demand for paper is expected to reduce in the coming future, this will also impact the sales of calcite in the paper industry. Substantial development in the construction and infrastructure sector is anticipated to boost the cement and ceramics segment. The cement and ceramics segment is estimated to remain one of the fastest end-use segments of calcium carbonate, which is expected to witness a gain of about 43 bps by the end is the forecast period.

Competitive Landscape

The key players are increasing their production capacities, and setting up new manufacturing units to bolster their position in the global market. Further to enhance their reach in the untouched market, key market players are strengthening their distribution network to increase their dominancy in the global market of calcium carbonate.

Key players are focusing on increasing their market share in the global market by entering into strategic partnerships and joint ventures with domestic players as well as investment groups.

For instance:

  • In 2022, Imerys announced the expansion of its ground calcium carbonate production capacity in its North America production facility, the Sylacauga plant.
  • In 2021, Huber Engineered Materials announced that it will acquire Nutri Granulations, the company that manufactures USP grade and food-grade calcium carbonate.

Scope of Report

Attribute Details
Forecast Period 2022 to 2032
Historical Data Available for 2017 to 2021
Market Analysis USD Million for Value and Tons for Volume
Key Countries Covered USA, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, ANZ, GCC Countries, Turkey, Northern Africa, South Africa
Key Segments Covered Product Type, Application, End-Use, and Region
Key Companies Profiled Imerys; Omya AG; Minerals Technologies Inc.; Huber Engineered Materials; Mississippi Lime Company; Carmeuse; Sibelco; Midwest Calcium Carbonate; Calcinor SA; Greer Limestone Company; LafargeHolcim; United States Lime & Minerals, Inc.; Excalibar Minerals LLC; AGSCO Corp; Blue Mountain Minerals; GCCP Resources; GLC Minerals, LLC; Others
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Calcium Carbonate Market Segmentation

By Product Type:

  • Ground Calcium Carbonate (GCC)
  • Precipitated Calcium Carbonate (PCC)

By Application:

  • Fillers
  • Neutralizing Agents
  • Construction Materials
  • Dietary Supplements
  • Desulfurization
  • Additive
  • Others

By End Use:

  • Paper
  • Plastic & Rubber
  • Paints & Coatings
  • Adhesives & Sealants
  • Cement & Ceramics
  • Agriculture
  • Pharmaceuticals
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

Frequently Asked Questions

What is the current size of the Global Calcium Carbonate Market?

The Global market for Calcium Carbonate is estimated to reach a valuation of USD 24,442.7 Million in 2022.

What is the demand outlook for Calcite in various end use industries?

The global calcium carbonate demand is anticipated to witness a growth rate of 5.4% over the forecast period of 2022 and 2032 in terms of value.

Which is a key product type of Calcium Carbonate?

Grounded calcium carbonate (GCC) is expected to be a prominent product type in the global market.

Who are the key players in the global market of Calcium Carbonate?

According to FMI analysis, Imerys, Omya AG, Minerals Technologies Inc., Huber Engineered Materials, Carmeuse, LafargeHolcim, and others are identified as key players in the calcium carbonate market.

What is the estimated market share of the key players in the Global Calcium Carbonate market?

Key players in the global calcium carbonate market are expected to account for about 25% of the market share.

Which are the key countries driving the Global Calcium Carbonate market demand?

The top countries driving the global Calcium Carbonate demand are China, USA, Germany, and Japan.

Table of Content
  • 1. Executive Summary
  • 2. Market Overview
  • 3. Key Market Trends
  • 4. Key Success Factors
  • 5. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 6. Global Market - Pricing Analysis
  • 7. Global Market Demand (in Value or Size in USD Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 8. Market Background
  • 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Product Type
    • 9.1. GCC
    • 9.2. PCC
  • 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
    • 10.1. Fillers
    • 10.2. Neutralizing Agents
    • 10.3. Construction Materials
    • 10.4. Dietary Supplements
    • 10.5. Desulfurization
    • 10.6. Additive
    • 10.7. Others
  • 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
    • 11.1. Paper
    • 11.2. Plastic & Rubber
    • 11.3. Paints & Coatings
    • 11.4. Adhesives & Sealants
    • 11.5. Cement & Ceramics
    • 11.6. Agriculture
    • 11.7. Pharmaceuticals
    • 11.8. Others
  • 12. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
    • 12.1. North America
    • 12.2. Latin America
    • 12.3. Europe
    • 12.4. East Asia
    • 12.5. South Asia & Pacific
    • 12.6. Middle East & Africa
  • 13. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 14. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 15. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 17. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 19. Key and Emerging Countries Market Analysis
  • 20. Market Structure Analysis
  • 21. Competition Analysis
    • 21.1. Imerys
    • 21.2. Omya AG
    • 21.3. Minerals Technologies Inc.
    • 21.4. Huber Engineered Materials
    • 21.5. Mississippi Lime Company
    • 21.6. Carmeuse
    • 21.7. Sibelco
    • 21.8. Midwest Calcium Carbonate
    • 21.9. Calcinor SA
    • 21.10. Excalibar Minerals LLC
    • 21.11. AGSCO Corp
    • 21.12. Blue Mountain Minerals
    • 21.13. GCCP Resources
    • 21.14. GLC Minerals, LLC
    • 21.15. Greer Limestone Company
    • 21.16. ILC Resources
    • 21.17. LafargeHolcim
    • 21.18. Mountain Materials, Inc.
    • 21.19. NALC, LLC
    • 21.20. United States Lime & Minerals, Inc.
  • 22. Assumptions and Acronyms Used
  • 23. Research Methodology
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