Imerys S.A.and, Omya AG are key players in calcite market

In terms of value, the global Calcite Market size is estimated to be USD 10.1 billion in 2019 and projected to reach USD 13.0 billion by 2024, growing at a CAGR of 5.2% from 2019 to 2024.

Increasing demand from the paper and plastics applications for calcite, coupled with easy availability and cost-effectiveness, are expected to drive the growth of the market during the forecast period.

Browse 105 Market Data Tables and 34 Figures spread through 143 Pages and in-depth TOC on "Calcite Market"

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Asia Pacific to projected to be the largest calcite market during the forecast period

Asia Pacific is the largest consumer of calcite and is projected to grow at the highest CAGR during the forecast period. The large market size is attributed to expansion in calcite manufacturing and high demand from the plastics and paper industries in China, Japan, and India, among others. Moreover, cheap labor, easy availability of raw material and other factors fuel the growth of the market in the region.

Paper application is expected to account for the largest share of the calcite market during the forecast period

The global calcite market is segregated based on application into paper, paints & coatings, construction, plastics, adhesives & sealants, and others. Other applications include pharmaceuticals, agriculture, and glass. In terms of value & volume, the paper application accounted for the largest share of the market in 2018. The demand for calcite in the paper application is driven by its ability to enhance the printability, whiteness, and brightness & opacity of the paper. The plastics application is projected to grow at the highest CAGR during the forecast period.

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Companies such as Imerys S.A. (France), Omya AG (Switzerland), Minerals Technologies Inc. (US), Huber Engineered Materials (US), Gulshan Polyols Ltd. (India), Nordkalk Corporation (Finland), Wolkem India Ltd. (India), and Sibelco (Belgium) are the major players in the calcite market.

Key Questions addressed by the report

• What are the future revenue pockets in the calcite market?
• Which key developments are expected to have a long-term impact on the calcite industry?
• Which type is expected to cannibalize existing markets?
• How is the current regulatory framework expected to impact the market?
• What will be the future product mix of the calcite industry?
• What are the prime strategies of leaders in the calcite market?

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