Global Calcite Market – Industry Trends and Forecast to 2029

Global Calcite Market, By Type (Ground Calcium Carbonate (GCC), Precipitated Calcium Carbonate (PCC)), Size (Fine, Coarse), Application (Paper, Paints and Coatings, Construction, Plastics, Adhesives and Sealants, Others) – Industry Trends and Forecast to 2029.

Calcite Market Analysis and Size

Calcite has unique properties, making it one of the most widely used minerals in the overall mineral market. It has extensive adoption as a raw material in agricultural and construction sectors. Calcite demand has witnessed a steady growth, especially from the agriculture and cement industry, which has driven the calcite market's growth. The “ground calcium carbonate (GCC)” is the fastest growing type segment because it is used in manufacturing products such as plastic moldings, cables, PVC pipes, and plastic films. Furthermore, the growing population and rapid urbanization will provide the significant opportunities for ongoing and upcoming commercial and Industrial applications of calcite during the forecast period of 2022-2029.

Data Bridge Market Research analyses that the calcite market is expected to under

go a CAGR of 5.70% during the forecast period. This indicates that the market value, which was USD 11.28 billion in 2021, would rocket up to USD 17.58 billion by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Calcite Market Scope and Segmentation

Market Definition

Calcite is a carbonate mineral and it is the most stable polymorph of calcium carbonate (CaCO3). Calcite is a very common mineral, mainly it is the main component of limestone and marble. These calcite are very common and are available in enormous percentage in the Earth's crust. The calcite market is mainly divided into precipitated calcium carbonate (PCC) and ground calcium carbonate (GCC) globally.

Calcite Market Dynamics

Drivers

• Increased utilization of calcite in remodelling and construction activities

The demand of calcite is expected to drive the increasing demand of superior-quality and technically advanced products. The increase in the use of calcite in construction and remodeling activities due to their high strength and hardness has also contributed to the growth of calcite market.

• Increasing the use of calcite in agriculture sector

Calcite is the form of calcium carbonate which are mostly used in the field of agriculture. It is used for better growth of the plants and crops and also helps to absorb the water from the environment, it keeps the soil moist and soft.

• Growing demand of calcite in paper industry

Calcite has been witnessing the immense demand in paper industry. Ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC) are witnessing traction for the production of paper. PCC continues to be the favored material for the production of paper due to their operational flexibility it renders. The adoption of PCC in papers industry has enhanced the printing surfaces and brighter papers. The rising demand of PCC and GCC in paper industry are expected to drive the growth rate of the calcite market.

Moreover, the favorable chemical properties of calcite, cost-effectiveness of calcite and development in the polymer and plastics production are some major factors that are expected to increase the demand of the calcite in the market during forecast period of 2022-2029.

Opportunities

• Surging the growth of construction industry

In recent construction, calcite is used in the form of limestone and marbles to produce concrete and cement. Marbles are used for showcasing the beauty in several patterns and colors. The increase in demand for, kitchen tabletops, marble flooring, and bathroom countertops will create beneficial opportunities for the growth of the calcite market in the upcoming years. Moreover, in India, the construction industry has received a lot of investments through venture capital and private equity investments. It is anticipated to witness an enormous rise in CAGR during the forecast period.

Restraints/Challenges

• High cost

The high cost of raw material which is used in the production of calcite is expected to act as major market restraint and obstruct the overall growth of the calcite market during the forecast period. 

Furthermore, the limited availability of raw materials which is used for the manufacturing of calcite is also anticipated to restrict the growth rate of the calcite market.

This calcite market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the calcite market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Calcite Market

The outbreak of coronavirus had a negative impact on the overall calcite market. As a result of this pandemic, the government has imposed several stringent regulation and norms throughout the world which has affected the growth of the calcite market. The primary users of calcite in construction industry has also shut down their manufacturing facilities which is resulting in a decline in calcite market globally. Also, the majority of raw materials providers in this calcite market has close down their activities. Thus, calcite market is anticipated to rise high in the mentioned forecast period.

 Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In May 2020, Minerals Technologies Inc. had announced , it had agreed to launch a 42,000 metric tonne satellite precipitated calcium carbonate (PCC) plant per year at their paper mill with Satia Industries Limited in Punjab District, India.

Global Calcite Market Scope

The calcite market is segmented on the basis of type, size and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

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

Size

• Fine
• Coarse

Application

• Paper
• Paints and Coatings
• Construction
• Plastics
• Adhesives and Sealants
• Others

Calcite Market Regional Analysis/Insights

The calcite market is analyzed and market size insights and trends are provided by country, type, size and application as referenced above.

The countries covered in the calcite market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the calcite market due to increasing demand of plastic and polymer in this region.

Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to the high demand from the paper and plastic industries and easy availability of raw material in India, China and Japan.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Calcite Market Share Analysis

The calcite market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to calcite market.

Some of the major players operating in the calcite market are:

• Gulshan Polyols Ltd. (India)
• Wolkem (India)
• Sibelco (Belgium)
• Imerys (France)
• Huber Engineered Materials (U.S.)
• Minerals Technologies Inc. (U.S.)
• Omya AG (Switzerland)
• ASCOM (Switzerland)
• Nordkalk Corporation (Finland)
• CITIC Calcium Industry Co. Ltd. (China)
• Columbia River Carbonates (U.S)
• Jay Minerals (India)
• GP Group (Thailand)
• Longcliffe (U.K.)
• Fitz Chem LLC (U.S.)
• NITTO FUNKA KOGYO K.K. (Japan)