Calcium carbonate is a chalky white inorganic compound composed of calcium, carbon, and oxygen. It occurs naturally in minerals such as limestone and marble which are widely occurring in nature. Calcium carbonate has wide applications across various end use industries such as paper, plastic, paint industries etc. It is primarily used as filler material and pigment. The exceptional properties of calcium carbonate such as brightness, chemical inertness and abundance has rendered it an essential industrial mineral. The global calcium carbonate market is expected to witness steady growth on account of rising consumption from end use industries worldwide. Calcium carbonate shares the rare property of being less soluble in water as the temperature increases. The largest uses of calcium carbonate are in construction, to make cement and concrete, and in the packaging and paper industries.
Market Dynamics:
The calcium carbonate market is anticipated to grow at a steady pace over the forecast period. The growing paper industry is a key factor driving the demand for calcium carbonate as it is extensively used as a filler and coating material in paper manufacturing. Expanding plastic industry is another major demand creator as calcium carbonate is extensively used as a filler in plastic production. Rise in construction activities and development of infrastructure has bolstered the consumption of paints and coatings which in turn has supplemented the demand for calcium carbonate from this industry. However, availability of substitutes such as kaolin and aluminum silicate and stringent environmental regulations pertaining to mining activities are expected to hamper the market growth. On the other hand, growing number of research for development of specialty grades of calcium carbonate is likely to present new avenues over the coming years.
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