Precipitated Calcium Carbonate Market

Precipitated Calcium Carbonate Market

Growth Factors of Precipitated Calcium Carbonate Market

The global precipitated calcium carbonate market size was valued at USD 11.71 billion in 2023 and is projected to grow from USD 11.82 billion in 2024 to USD 17.31 billion by 2032, exhibiting a CAGR of 4.9% during the forecast period of 2024-2032.

The outbreak of COVID-19 affected the Oscillated Calcium Carbonate (PCC) market, which has observed low demand during the affordability of paper and plastics. However, it received a few guides due to the multiplied demand for packaging and hygiene-associated products. As the markets commenced to open up and commercial enterprise sports again, the precipitated calcium carbonate market growth was hindered.

The Precipitated Calcium Carbonate (PCC) marketplace is driven by its growing use in paper, plastics, and coatings industries for enhancing pleasant and lowering prices. Growth in the creation quarter and improvements in green production techniques contribute to accelerated demand.

The prompted calcium carbonate (PCC) market is witnessing a surge in programs across various industries. In 3-D printing, PCC complements the energy and durability of substances, enabling the introduction of extra strong and functional merchandise and expanding the precipitated calcium carbonate market share globally. PCC reveals giant cement, paint, and plastics use within the development zone, contributing to the sturdiness and best of homes and infrastructure. Additionally, PCC is a valuable filler and excipient inside the pharmaceutical and cosmetic industries, improving product texture, consistency, and standard performance. This versatility underscores the developing significance of PCC in numerous sectors.

Comprehensive Analysis of Precipitated Calcium Carbonate Market

The Precipitated Calcium Carbonate (PCC) marketplace is segmented using kind and alertness. The commercial grade phase held the dominant percentage in 2023, pushed by its extensive use in industries like paper, paints & coatings, plastics, rubber, and construction. Pharmaceutical grade PCC, an excessive-purity form for scientific and food packages, is expected to develop extensively because of strict regulatory requirements. In terms of application, the paper enterprise led the marketplace, using PCC to beautify paper first-class, opacity, and printability. The plastics and paints & coatings sectors also drive the call for making the most of PCC's fee-effectiveness, performance enhancement, and sustainability benefits.

The Asia Pacific region led the precipitated calcium carbonate market by benefitting a size of USD 6.42 billion in 2023 due to a thriving production zone, especially in China, the region reports a big product call for.

The leading players in the Precipitated Calcium Carbonate (PCC) market significantly influence its growth trajectory and set industry standards. These key players, including Mineral Technologies (U.S.), Imerys S.A. (France), Mississippi Lime (U.S.), J.M. Huber Corporation (U.S.), ILC Resources (U.S.), Omya International AG (Switzerland), CANADA Chemical (Canada), and GLC Minerals (U.S.), contribute to a competitive landscape, driving innovation and market advancement.

In July 2023, Minerals Technologies Inc. Has reached a settlement with an international paper company to enhance its brought-on calcium carbonate plant in Brazil by integrating MTI’s NewYield LO PCC era.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 4.9% from 2024 to 2032

Unit Value (USD Billion), Volume (Kiloton)

Segmentation

By Type

- Pharmaceutical Grade

- Industrial Grade

By Application

- Plastics

- Paper

- Rubber

- Paints & Coatings

- Pharmaceuticals

- Adhesives & Sealants

- Inks

- Others

By Geography

- North America (By Type, Application, and Country)

• U.S. (By Application)
• Canada (By Application)

- Europe (By Type, Application, and Country)

• Germany (By Application)
• U.K. (By Application)
• France (By Application)
• Italy (By Application)
• Rest of Europe (By Application)

- Asia Pacific (By Type, Application, and Country)

• China (By Application)
• India (By Application)
• Japan (By Application)
• South Korea (By Application)
• Rest of the Asia Pacific (By Application)

- Latin America (By Type, Application, and Country)

• Brazil (By Application)
• Mexico (By Application)
• Rest of Latin America (By Application)

- Middle East & Africa (By Type, Application, and Country)

• GCC (By Application)
• South Africa (By Application)
• Rest of the Middle East & Africa (By Application)


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