The calcium carbonate market share in North America share is expected to increase up to 9168.51 thousand tons, progressing at a CAGR of 4.50% during the forecast period. The increasing use of calcium carbonate as industrial fillers will offer immense growth opportunities to market vendors. The calcium carbonate market in North America is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “North America Calcium Carbonate Market by End-user, Type, Application, and Geography - Forecast and Analysis 2022-2026” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The calcium carbonate market in North America is segmented by end-user (paper, paints and adhesive, plastics, healthcare, and others), type (GCC and PCC), application (fillers, pigments, raw chemical materials, pH balancing agents, and dietary supplements), and geography (US, Canada, and Mexico).
The growth of the calcium carbonate market size in North America by the paper segment will be significant during the forecast period. Factors such as the revival of the economy and the flourishing construction industry in the US offer tremendous growth opportunities for regional vendors. 83% of the market's growth will originate from the US during the forecast period. Market growth in this region will be faster than the growth of the market in other regions.
The increasing use of calcium carbonate as industrial fillers will directly influence the sales of calcium carbonate in North America. In addition, the rising demand for nano calcium carbonate in the plastics and rubber industries is one of the major calcium carbonate market trends in North America that will positively impact the market growth. However, factors such as the increasing price of GCC in North America will hamper the calcium carbonate market growth in North America.
The market is fragmented due to the presence of several players. Some of the major calcium carbonate market vendors in North America are Arkema SA, Carmeuse Coordination Center SA, Columbia River Carbonates, GLC Minerals LLC, Graymont Ltd., Imerys S.A., J.M. Huber Corp., Minerals Technologies Inc., Omya International AG, and Solvay SA
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2022-2026.
CAGR of the calcium carbonate market in North America forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the calcium carbonate market in North America share.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the calcium carbonate market in North America.
Calcium carbonate industry growth across North America.