Latest News- Calcium Carbonate (CaCO3) Market: GCC is expected to lead the Type segment during 2025-2029

The Calcium Carbonate (CaCO3) Market is being driven by Increasing importance of PCC in paper industry

The Calcium Carbonate (CaCO3) Market is expected to grow at a CAGR of 7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 19771.3 million. The construction industry's ongoing expansion in both developed and emerging economies, driven by urbanization and the demand for modern infrastructure, has significantly increased the usage of calcium carbonate (CaCO3) in concrete, cement, and asphalt production. Calcium carbonate's ability to enhance performance, improve durability, and lower costs makes it an essential ingredient in these materials. The construction sector's growth, encompassing residential, commercial, and industrial buildings, has resulted in a surging demand for calcium carbonate in various applications, including plaster, stucco, and roofing materials. Furthermore, the focus on sustainability and eco-friendly construction practices has fueled the adoption of calcium carbonate in green building materials, making it a desirable choice for builders pursuing Leadership in Energy and Environmental Design (LEED) certifications. Its abundance and eco-friendly attributes make calcium carbonate a compelling option for builders aiming to minimize their environmental footprint while maintaining industry leadership. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing importance of PCC in paper industry
• Increasing consumption of calcium carbonate in paints and coatings industry
• Gaining prominence of calcium carbonate as industrial fillers

However, the market also witnesses some limitations, which are as follows:

• Declining sources of limestone
• Competition from substitutes of calcium carbonate
• Health hazards associated with calcium carbonate

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Market Scope in Calcium Carbonate (CaCO3) Market Research Report

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Research Analysis Overview

Amidst the global impact of Coronavirus, the Calcium Carbonate (CaCO3) market maintains its significance in various industries. As a raw material, CaCO3 is integral to paints and coatings, adhesives, and plastics. In food, it functions as a food additive, preservative, acidifier, flavoring agent, and cleaning agent. For cosmetics and dietary supplements, calcium citrate is a common form. In water treatment, CaCO3 regulates pH value and acts as a mineral source. With growing population demand, reserves of calcium carbonate from minerals like calcite, chalk, marble, aragonite, and rocks continue to be exploited for use in hygiene paper, water treatment, and as a pH regulator in diverse industries. The reserve capacity of CaCO3 is substantial, with applications ranging from construction to pharmaceuticals, making it a versatile market player.

Market Research Overview

The global diversified chemicals market encompasses businesses producing a wide array of chemical products, excluding industrial gases, commodity chemicals, specialty chemicals, fertilizers, and agricultural chemicals. According to Technavio, market expansion is attributed to robust demand from emerging economies, including China, Brazil, Indonesia, and India. These nations offer attractive incentives, such as government initiatives, cost-effective labor, ample land, and minimal transportation expenses, prompting numerous diversified chemicals manufacturers to establish operations therein. Key product categories within this sector include Calcium Carbonate (CaCO3), used in paints and coatings, adhesives, Calcium citrate, Citric acid, employed as food additives, preservatives, and acidifiers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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