Significant Growth in End-User Industries is Driving Asia-Pacific Calcium Carbonate Market

Asia-Pacific calcium carbonate market is estimated to grow at a CAGR of 4.1% during the forecast period. Significant growth in end-user industries such as plastics, paper, and paints and coatings industry is primarily driving the demand for calcium carbonate in the region. China holds the largest share in the plastics manufacturing globally, which is followed by Europe and NAFTA. Plastics manufacturing has also witnessed significant growth in India. For instance, as per the India Brand Equity Foundation (IBEF), the Indian plastics industry hosts over 2,000 exporters and comprises over 30,000 processing units, 85–90% of which are SMEs. 

Browse the full report description Asia-Pacific Calcium Carbonate Market Size, Share & Trends Analysis Report, By Type (Ground Calcium Carbonate and Precipitated Calcium Carbonate), By End-User Industry (Paper, Adhesives and Sealants, Plastics, Paints and Coatings, Construction, and Others) and Forecast, 2020-2026 at https://www.omrglobal.com/industry-reports/asia-pacific-calcium-carbonate-market

In August 2020, the country exported plastics valued at $838 million, and the export during April–August 2020 was $3.9 billion. This is resulting in potential demand for calcium carbonate which is one of the most renowned mineral fillers that are utilized in the plastics industry. It is used as an additive in plastic compounds to reduce the surface energy and offers surface gloss and opacity, which improves surface finish. Calcium carbonate powder has applications across polyvinyl chloride (PVC) pipes, footwear, cables, leather, flooring, and more. Specialized grades of calcium carbonate are utilized in the manufacturing of tensile and rigid PVC pipes.

Scope of the Asia-Pacific Calcium Carbonate Market

Market Coverage

• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Type and End-User Industry
• Countries Covered- China, India, Japan, and Rest of Asia-Pacific
• Competitive Landscape- Imerys S.A., Omya International AG, Minerals Technologies Inc., J.M. Huber Corp., Gulshan Polyols Ltd. (GPL)

Recent Strategic Initiatives in the Asia-Pacific Calcium Carbonate Market

• In May 2019, Minerals Technologies Inc. declared that it has signed an agreement with Century Pulp & Paper, Division of Century Textiles and Industries Ltd., to install a 45,000 metric ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Lalkuan, District Nainital, India. This new facility is scheduled to commence operation in the second quarter of 2020.
• In February 2018, Imerys acquired the consolidated calcium carbonates business of Vee Microns and Vimal Microns. The assets acquired comprise the manufacturing facilities of Vimal Microns’ at Alwar and Mehsana, commercialized under the CARB ALPHA, VIMCRO CARB, and VCARB brands. The two manufacturing sites will combine Imerys’ broad global footprint of 270 industrial sites in 50 countries.

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Asia-Pacific Calcium Carbonate Market-Segmentation

By Type

• Ground Calcium Carbonate
• Precipitated Calcium Carbonate

By End-User Industry

• Paper 
• Adhesives and Sealants
• Plastics 
• Paints and Coatings
• Construction
• Others

Asia-Pacific Calcium Carbonate Market– Segment by Country

• China
• Japan
• India
• Rest of Asia-Pacific