Carbonate Minerals Market to Witness Healthy Demand Growth
Large-scale consumption of paper in the fast-moving consumer goods (FMCG) sector, which is propelling the paper industry growth, has been a prime contributor to the carbonate minerals market revenues. Rising construction and infrastructure developments, globally, are again fueling the market for carbonate minerals. Exhibiting a healthy CAGR of nearly 6%, the global demand for carbonate minerals will exceed US$ 80 Bn mark by 2029.
FREQUENTLY ASKED QUESTIONS ABOUT Carbonate Minerals Market
Which factors will drive the market in the future?
Carbonate minerals continue to dominate as a preferred component in the paper & pulp manufacturing and construction materials such as cement, and mortar. These are also used in steel and glass as for brightening and enabling better binding of the product.
How will the carbonate minerals market be critical in the future?
Though, carbonate minerals have specific characteristics and benefits for applications in various industries, however stringent regulations on CO2 emissions caused by carbonate minerals are hindering the demand for carbonate minerals over the coming years.
Will the presence of substitute products affect the future trajectory of the carbonate minerals market?
By virtue of the reduced carbon emission, easy availability and competitive prices of substitutes, carbonate minerals are expected to face high competition from alternatives such as Kaolin during the forecast period.
Which application area holds potential growth opportunities for players in the carbonate minerals market?
While the paper & pulp industry continues to influence growth strategies of key players, growing demand from construction industry and paint & coating industry is expected to result in increased market share.
What is the degree of competition in the carbonate minerals market?
The carbonate minerals market shows a perfect competition structure, with a large number of regional and local market players. In the current scenario, industry leaders such as Minerals Technologies, Inc., IMERYS Carbonates Llc, Calcinor SA Maruo Calcium Co., Ltd., Magnesita Refractories SA, and Lhoist North America Inc. collectively hold around one-fifth of the total revenue share.
Which region will lead the global sales of carbonate minerals?
Asia Pacific Excluding Japan (APEJ) remains at the forefront of the carbonate minerals market, with flourishing construction industry in emerging countries such as China and India. Manufacturers are focused for capitalizing on establishing new sales and service facilities in these emerging markets to fortify their network in these region in order to capture higher market share.
Calcite Makes up for over 40% Share
Calcite accounts for a higher share in market revenues against other minerals such as Dolomite, and Aragonite, and the trend is likely to continue through 2029. Particularly in producing papers, calcite or calcium carbonate is becoming the preferred mineral as it enhances the finishing characteristics of paper including gloss, and whiteness. Smithsonite is also accounting for a significant market share and its sales are expected to exceed US$ 10 Bn in 2019. While both calcite and smithsonite continue to influence market revenues, the former will grow 2x over the latter in terms of value.
Market in APAC Leading the Way
Asia Pacific (APAC) will maintain its supremacy in the global carbonate minerals market, with the regional market revenues projected to surpass US$ 25 Bn by 2029 end. While upsurge in construction spending is boosting market growth in China, and India, continuous innovations in the mining technology in Japan are also garnering huge stakeholders’ attention. Further, North America represents the fastest-growing carbonate minerals market and is likely to take over Western Europe in terms of revenues in the coming years.
Paints & Coatings Industry - Key Growth Influencer
The painting & coating industry is emerging as one of the key revenue generators for the global carbonate minerals market. Application of carbonate minerals in paints and coatings ensures consistency of the paint as well as promotes reliability of the end product. This, in turn, is leading to rising adoption of carbonate minerals in the paints, which capture nearly 16% of the total revenues.
Surging adoption of calcite
Smithsonite to gain traction
Natural accounts for 80% share
Demand for synthetic to increase
High usage in paper & pulp
Use in building & construction to pick pace
How Growth will Unfold
The paper & pulp industry will remain the key consumer of carbonate minerals, where they are used as fillers or coatings on paper. As the end-use category accounts for around 25% share of total consumption, market players should view it as their target customers. Given immense utilization of carbonate minerals as components of binding agents in construction aggregates, and sandstone, the building & construction sector is also attracting high capital investment from manufacturers.
* This data is only a representation. Actual data may vary and will be available in report.
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Overview
Carbonate Minerals Market Analysis 2019-2029
Future Market Insights published its recent market research report on the global carbonate minerals market, which comprises the global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. It includes a comprehensive assessment of the relevant and related market dynamics. After conducting a complete analysis on the historical as well as current growth prospective of the carbonate minerals market, the growth predictions of the market are obtained with maximum accuracy.
Carbonate Minerals Market Taxonomy
The global carbonate minerals market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Mineral
- Calcite
- Magnesite
- Aragonite
- Smithsonite
- Dolomite
Source
- Natural
- Synthetic
End Use
- Food
- Paint
- Plastic & Rubber
- Paper & Pulp
- Building & Construction
- Agriculture
- Glass
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Japan
- APEJ
- Middle East & Africa
What's Included
The report begins with the executive summary of the carbonate minerals market, which includes a summary of the key findings and key statistics of the market. It also includes the market value (US$ million) estimates of prime segments of the carbonate minerals market.
Readers can find detailed segmentation and definition of the carbonate minerals market in this chapter, which will help them understand basic information about the carbonate minerals market. This section also highlights the inclusions and exclusions, which help readers understand the scope of the carbonate minerals market report.
The report provides key market trends that are expected to impact the market growth significantly during the forecast period. Detailed industry trends are provided in this section, along with the key market developments and product innovations.
This section includes key inclusions of the report. It includes the product adoption & usage analysis, & opportunity analysis, and manufacturers’ strategies for market expansion.
This section explains the global market volume analysis and forecast for the carbonate minerals market during the forecast period 2019-2029.
This section highlights the average price of calcite, magnesite, aragonite, smithsonite, and dolomite. The pricing benchmark for manufacturer-level pricing and distributor-level pricing is analyzed in this section.
This section explains the global market value analysis and forecast for the carbonate minerals market during 2014-2029. This chapter includes detailed analysis of the historical carbonate minerals market, along with an opportunity analysis for the future. Readers can also find absolute $ opportunity for the current year (2019-2020) and incremental $ opportunity for the forecast period (2019-2029).
This chapter explains the key macroeconomic factors that are expected to influence the growth of the carbonate minerals market during the forecast period. Along with the macroeconomic factors, this section highlights the opportunity analysis for the carbonate minerals market. This chapter also highlights the key market dynamics of the carbonate minerals market such as drivers, restraints, trends, and opportunities. Moreover, readers will understand key trends followed by prominent manufacturers in the carbonate minerals market.
Based on material, the carbonate minerals market is segmented into calcite, magnesite, aragonite, smithsonite, and dolomite. In this chapter, readers can find information about the key trends and developments in the carbonate minerals market and market attractiveness analysis based on material.
This chapter provides details about the carbonate minerals market on the basis of natural and synthetic. In this chapter, readers can understand the market attractiveness analysis based on the Source.
This chapter provides details about the carbonate minerals market on the basis of food, paint, plastic & rubber, paper & pulp, building & construction, agriculture, and glass. In this chapter, readers can understand the market attractiveness analysis based on end-use.
This chapter explains how the carbonate minerals market is expected to grow across several geographic regions such as North America, Latin America, Western Europe, Eastern Europe, Japan, APEJ, and the Middle East & Africa.
This chapter includes detailed analysis of the growth of the North America carbonate minerals market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on countries in North America.
Readers can find detailed information about several factors such as pricing analysis and regional trends that are impacting the growth of the Latin America carbonate minerals market. This chapter also includes the growth prospects of the carbonate minerals market in prominent countries in Latin America such as Brazil, Mexico, and the Rest of Latin America.
Important growth prospects of the carbonate minerals market based on its End uses in several countries such as Germany, the U.K, France, Italy, Spain, Nordic countries, BENELUX, and the Rest of Western Europe are included in this chapter.
Important growth prospects of the carbonate minerals market based on its end-uses in several countries such as Russia, Poland, and the Rest of Eastern Europe are included in this chapter.
Readers can find detailed information about several factors such as pricing analysis and regional trends that are impacting the growth of the Japan carbonate minerals market.
In this chapter, China, India, ASEAN, Oceania, and others are prominent countries in the APEJ region that are the prime subjects of assessment to obtain growth prospects of the carbonate minerals market. Readers can find detailed information about the growth parameters of the South East Asia & Pacific carbonate minerals market during the forecast period of 2019-2029.
This chapter provides information about how the carbonate minerals market is anticipated to grow in major countries in the MEA region such as South Africa, Turkey and the Rest of MEA during the forecast period of 2019-2029.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the carbonate minerals market, along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the carbonate minerals market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are as Mitsubishi Chemical, Teijin Limited, SGL Carbon SE, Solvay Group (Cytec Solvay Group), and Holding Toray Industries Inc.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the carbonate minerals market report.
This chapter helps readers understand the research methodology followed to obtain several conclusions, as well as important qualitative and quantitative information, about the carbonate minerals market.
How the research was conducted?
Primary Research
Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information:
- Adoption of Carbonate minerals
- Average Selling Price (US$) and Market Growth
- Key Developments
- Key Trends and Opportunities
- Regional wise Dynamics
- Market Share Information
- Key Brands
- Competition & Key Vendor Strategies
Secondary Research
- Company Press Release
- Published Trade Data
- Quarterly Financial Statements, 10-K & 10-Q Filings, Factiva, Morning Star
- Annual Reports/SEC filings/Investor Presentations/Earning Call Transcript
- Industry Journals
- Press Information and Data Released by Exhibitions Conducted by Associations, etc.
- OCIA
Primary Interview Splits
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