Leading Calcium Carbonate Application Markets Databank
The Calcium Carbonate market was valued at $39,700.0 Million in 2020, and is projected to reach $67,972.4 Million by 2029 growing at a CAGR of 6.20% from 2021 to 2029. Paper segment is expected to be the highest contributor to this market, with $20,906.0 Million in 2020, and is anticipated to reach $35,658.8 Million by 2029, registering a CAGR of 6.15%. Plastics segment is anticipated to reach $7,877.0 Million by 2029 with the highest CAGR of 6.29%. Paper and Paints & Coatings segments collectively expected to account for about 75.1% share of the Calcium Carbonate market in 2020, with the former constituting around 52.7% share. Plastics and Paints & Coatings segments are expected to witness significant growth rates at a CAGR of 6.29% and 6.24% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 33.9% in the overall Calcium Carbonate market in 2020, and is anticipated to reach 34.1% by 2029.
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