Market Research Future Published a Research Study on Calcite Market Research Report, Size, Share and Industry Analysis – Forecast to 2023
Calcite is a natural mineral, extracted from mining in a rock form and processed into powder, granules, and slurry for end-use applications. The abundant use of calcite in construction industry for cement, paints & coatings, adhesive and sealants, and others in form of marbles and limestone increases the demand for next five years. Pharmaceutical also found to have sustainable demand of calcite due to acid-neutralizing ability in preparation of medicines.
Some of the prominent players in the global calcite market are Imerys (France), Huber Engineered Materials (US), Minerals Technologies Inc. (US), Omya AG (Switzerland), ASCOM Group (Switzerland), Nordkalk Corporation (Finland), Esen Mikronize Maden (?STANBUL), CITIC Calcium Industry Co., Ltd. (China), Columbia River Carbonates (US), Jay Minerals (India), GP Group (Thailand), Longcliffe (UK), Fitz Chem LLC (US), and NITTO FUNKA KOGYO K.K. (Japan) among others are some of the key players in the global calcite market.
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The global calcite market has been segmented on the basis of type, form, application, and region.
By Type, the global calcite market has been divided into Precipitated Calcium Carbonate (PCC) and Ground Calcium Carbonate (GCC). The PCC segment is expected to be the leading type of the market owing to high–purity and cost–effective mineral used as a functional additive in end–use applications.
Based on Form, the global calcite market has been categorized as powder, granules, and slurry among others. Powder is the fastest growing form of calcite used as a calcium supplement for animal feeding application.
On the basis of application, the global calcite market has been categorized as animal feeds, adhesives and sealants, glass and ceramics, cement, plastics and rubber, paints & coatings, pulp and paper, pharmaceutical, agriculture, and others. Paper and pulp application accounted for the largest market demand due to cost-effective quality paper production and delivering high optical and printable properties. However, the use of calcite for cementing application has also a sustainable development and expected to increase the demand during a forecast period.
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Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five key regions studied for the global calcite market. Asia-Pacific accounted for the largest market share of the global calcite market, since last year. China accounts for the major consumer of calcite, for infrastructural development and plastics production.
North America and Europe are the other significant regional markets for calcite. Huge investment on R&D and developing new source of mixtures in construction sector expected to fuel the market demand during the assessment period.