North America Calcium Carbonate Market Size, Share & Trends Analysis Report By Product (Ground Calcium Carbonate, Precipitated Calcium Carbonate), By Application (Automotive, Pharmaceutical), By Region, And Segment Forecasts, 2023 - 2030

North America Calcium Carbonate Market Size, Share & Trends Analysis Report By Product (Ground Calcium Carbonate, Precipitated Calcium Carbonate), By Application (Automotive, Pharmaceutical), By Region, And Segment Forecasts, 2023 - 2030

North America Calcium Carbonate Market Growth & Trends

The North America calcium carbonate market size is expected to reach USD 23.48 billion by 2030, expanding at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand.

The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment.

Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is harmful to human health. These factors are likely to hinder the market growth. Issues regarding limestone mining are expected to pose a major challenge to manufacturers.

Industry rivalry is supposed to be high as market participants focus on process innovation to develop new products that will satisfy the demand of already existing large application base. Key market players owing to their global presence are expected to account for over 35% of global demand. Market participants have focused on establishing on-site production facilities mainly to supply high quality precipitated calcium carbonate (PCC) to paper mills. New product innovation to play a key role.

North America Calcium Carbonate Market Report Highlights

• The pulp & paper segment accounted for the largest revenue share of 39.3% in 2022. Calcium carbonate is a widely used industrial filler in industries including paper, plastic, paints & coatings, etc.,
• The U.S. dominated the market and accounted for the largest revenue share of 77.4% in 2022 and is anticipated to grow at the fastest CAGR of 6.0 % during the forecast period.
• Calcium carbonate is used to produce calcium citrate (citric acid) which is used as a food additive, most commonly as a preservative, acidifier, and flavoring agent.

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