Precipitated Calcium Carbonate Market Trends set to witness Explosive growth by 2030

Global Precipitated Calcium Carbonate Market Overview:

According to MarkNtel Advisors study the Global Precipitated Calcium Carbonate Market size was valued at USD 2.08 billion in 2023 and is projected to reach USD 3.56 billion by 2030. The market is also estimated to grow at a CAGR of around 8.85% during the forecast period, i.e., 2024-30. Global demand for precipitated calcium carbonate is growing fast, mainly due to its rising usage in pharmaceuticals, cosmetics, food, and agriculture. With the growth of these manufacturing sectors in regions such as Asia-Pacific and Middle East & Africa, demand for calcium carbonate also improves. Further, demand for paper and paper products has risen significantly during the last couple of years at the global level, largely in the packaging sector.

Key Findings of the Study: Precipitated Calcium Carbonate market

Global Precipitated Calcium Carbonate Market Trend:

Increasing Focus of Packaging Industry Toward Sustainability Boosting the Market Development- The growing focus of packaging companies toward sustainability has been driving the rising need for precipitated calcium carbonate, due to its diverse advantages as a flexible additive. The last few years have seen rapid inclination by packaging companies toward the adoption of sustainable products, specifically for the food & beverage industry. Plastic and non-sustainable packaging have a very bad effect on the environment, as they are non-degradable and keep accumulating in the environment. Besides, several plastic packaging materials were reported to accumulate in the bodies of animals, leading to their death. Hence, this has so far resulted in the adoption of sustainable materials by companies and consumers that will not have such negative environmental impacts.

Access Free Sample Report - https://www.marknteladvisors.com/query/request-sample/precipitated-calcium-carbonate-market.html

Scope of the Precipitated Calcium Carbonate Market Report Segmentation

-By Grade

Pharmaceutical Grade- Market Size & Forecast 2019-2030, (Thousand Tons)
Industrial Grade- Market Size & Forecast 2019-2030, (Thousand Tons)

-By End-Use Industry

Paper- Market Size & Forecast 2019-2030, (Thousand Tons)
Plastic & Rubber- Market Size & Forecast 2019-2030, (Thousand Tons)
Adhesives and Sealants- Market Size & Forecast 2019-2030, (Thousand Tons)
Paints and Coatings- Market Size & Forecast 2019-2030, (Thousand Tons)
Cosmetics- Market Size & Forecast 2019-2030, (Thousand Tons)
Agriculture- Market Size & Forecast 2019-2030, (Thousand Tons)
Others (Construction, Food & Pharmaceutical, etc.)- Market Size & Forecast 2019-2030, (Thousand Tons)

For more detailed information about the Precipitated Calcium Carbonate market report, click here – https://www.marknteladvisors.com/research-library/precipitated-calcium-carbonate-market.html

Geographical analysis:

-By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Out of those, Asia-Pacific was able to obtain considerable market share in the last few years. The growth of these markets is credited to the rising number of infrastructural projects across countries like Australia and India. Also, the governments in the region have shown interest in the development of roads, railways, and other projects with a large volume of investments. It led to a rise in construction activities across the region, resulting in increasing demand for construction materials like sealants, paints, adhesives, coatings, etc. Thus, production of these products has grown during the last few years across the region. As precipitated calcium carbonate is used as an additive in materials such as paints, adhesives, etc., its demand has magnified across the region.

Global Precipitated Calcium Carbonate Market- Recent Development:

In 2023, Minerals Technologies Inc. signed an agreement with a leading global paper company to upgrade one of the Company's existing precipitated calcium carbonate (PCC) plants in Brazil by integrating MTI's NewYield LO PCC technology. This technique converts a waste stream from a paper mill's pulping operation into a functional filler pigment.
In 2022, Cimbar Resources Inc., announced that it had completed the acquisition of calcium carbonate manufacturing assets in Sahuarita, Arizona, from Imerys Carbonates USA Inc., intending to expand its PPC range and fulfill its objective of offering diverse items to consumers across various regions.

Current Landscape of Precipitated Calcium Carbonate Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Precipitated Calcium Carbonate market. The research report profiles major players, including

Customization of Reports Available - https://www.marknteladvisors.com/query/request-customization/precipitated-calcium-carbonate-market.html

Mineral Technologies Inc.
Cimbar Resources Inc.
Mississippi Lime
M. Huber Corporation (Huber Engineered Materials)
WASIT Group
Omya International AG
Great Lakes Calcium Corporation
Shandong Useen Calcium Co., Ltd.
SCR-Sibelco NV
Maruo Calcium Co. Ltd.
Chemical & Mineral Industries Pvt. Ltd.
Cales De Llierca Sa
Lhoist
Provale Holding SA
Schaefer Kalk
Others

Related Reports

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India