Industry News

GIA Predicts Global Calcium Carbonate Market to Reach 113.9 MT by 2017

Published on 2011-08-30. Author : SpecialChem

GIA has released a comprehensive global report on Calcium Carbonate market, titled "Calcium Carbonate: A Global Strategic Business Report".

The report offers broad review of the overall calcium carbonate market, in detail analysis of the Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC) markets, current market trends, key growth drivers, overview of nano calcium carbonate market, new product introductions, recent industry activity, and profiles of major universal market participants. The report also provides annual sales/consumption estimates and predicts for market for the years 2009 through 2017 for the major geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America.

The key product segments assessed include Ground Calcium Carbonate (GCC), and Precipitated Calcium Carbonate (PCC). The GCC and PCC markets are analyzed by the following end-use segments - Paper, Paints and Coatings, Adhesives and Sealants, Plastics, and Others. Also, a six-year (2003-2008) historic analysis is provided for an additional perspective.

Asia-Pacific signifies the largest regional market for calcium carbonate worldwide, as stated by the new market research report on Calcium Carbonate. Europe and the US represent the other two important markets for Calcium Carbonate consumption, trailing behind Asia-Pacific. Future growth in the market is expected to be driven by Asia-Pacific, Latin America, and the Middle East. Asia-Pacific market for calcium carbonate is forecast to post a CAGR of more than 7.0% over the analysis period. Segment-wise, Ground Calcium Carbonate represents the larger type, while Precipitated Calcium Carbonate is projected to witness faster gains over the analysis period.

Paper industry comprises the largest market for Ground Calcium Carbonate (GCC), followed by the plastics industry. Increasing use of GCC as a functional additive and process aid, in addition to its use as filler, is expected to drive the demand for the much finely ground calcium carbonate. The global consumption of Precipitated Calcium Carbonate is largely focused in Asia. Other major regions include North America and Europe, placed at distant second and third positions, respectively. Going forwards, Asia is expected to spearhead growth in the consumption of PCC worldwide, fuelled by the significant rise in number of paper mills and growth in plastics sector in the region over the recent years.

Meanwhile, growth in PCC consumption across North America and Europe is expected to be sluggish, largely due to the closure of paper mills as a result of plummeting demand due to economic recession, and intensifying competition among domestic producers.

Paper represents the largest end-use market for PCC worldwide, followed by the plastics industry. However, plastics represent the fastest growing end-use market for PCC during the analysis period. Consumption of PCC in the paper industry is largely divided between the Asian (including Japan), North American, and European markets. Wood-free, uncoated paper, which accounts for almost 40% of the total writing and printing paper, is the largest end-use application of PCC fillers. Polypropylene, Polyvinyl chloride (PVC), Polyethylene, and Unsaturated polyesters are the four main resins, which account for a lionīŖŠs share of the filler mineral consumption in the plastics industry. PCC is mostly utilized in rigid PVC, and to a lesser extent in flexible PVC.

Major players profiled in the report include Excalibar Minerals LLC, Huber Engineered Materials, Imerys, Maruo Calcium Co. Ltd., Minerals Technologies Inc., Mississippi Lime Company, Okutama Kogyo Co. Ltd., Omya AG, Schaefer Kalk GMBH & Co. KG, Shiraishi Kogyo Kaisha, Ltd., Solvay S.A., among others.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Written By : Specialchem Editorial Team
Based on information displayed on http://www.prweb.com

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