Market Size of United States Calcium Carbonate Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 1.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
US Calcium Carbonate Market Analysis
The United States calcium carbonate market is expected to grow at a CAGR of over 1% during the forecast period. Major factor driving the market studied is increasing demand for paints and coatings from the construction industry. On the flip side, health hazards associated with calcium carbonate and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.
- Increasing demand from the pharmaceutical industry is forecasted to offer various opportunities for the growth of the market over the forecast period.
- Calcium carbonate from paints and coatings is likely to dominate the market owing to rise in construction industry in the United States over the forecast period.
US Calcium Carbonate Industry Segmentation
The united states calcium carbonate market report includes:
Type | |
Ground Calcium Carbonate | |
Precipitated Calcium Carbonate |
End-User Industry | |
Paper | |
Plastic | |
Adhesive and Sealant | |
Paints and Coatings | |
Other End-User Industries |
United States Calcium Carbonate Market Size Summary
The United States calcium carbonate market is poised for growth, driven primarily by the increasing demand for paints and coatings within the construction industry. This demand is fueled by the rapid expansion of the construction sector, which has seen significant private sector investment in residential projects. Calcium carbonate, particularly in its ultrafine form, is extensively used in paints and coatings due to its beneficial properties such as high brightness, low oil absorption, and improved anti-corrosion characteristics. These attributes make it a preferred choice for enhancing the performance of paints, especially in aqueous applications. Despite challenges posed by health concerns and the impact of the COVID-19 pandemic, the market is expected to recover and continue its upward trajectory.
In addition to the construction sector, the pharmaceutical industry presents new opportunities for calcium carbonate market growth. Precipitated calcium carbonate (PCC), known for its functional and commercial applications, is widely used as an additive in various industries, including plastics, rubber, and pharmaceuticals. Its ability to enhance opacity and reduce the need for titanium dioxide in paints and inks underscores its versatility. The market remains fragmented, with a few key players like Imerys and Omya AG leading the industry. While short-term demand fluctuations are anticipated due to project delays, the long-term outlook for the calcium carbonate market in the United States remains positive, supported by its diverse applications and ongoing industrial demand.
United States Calcium Carbonate Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand for Paints and Coatings from the Construction Industry
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1.1.2 Other Drivers
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1.2 Restraints
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1.2.1 Health Hazards Associated with Calcium Carbonate
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1.2.2 Negative Economical Impacts of COVID-19
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1.2.3 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Degree of Competition
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1.5 Mine Locations
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Ground Calcium Carbonate
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2.1.2 Precipitated Calcium Carbonate
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2.2 End-User Industry
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2.2.1 Paper
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2.2.2 Plastic
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2.2.3 Adhesive and Sealant
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2.2.4 Paints and Coatings
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2.2.5 Other End-User Industries
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United States Calcium Carbonate Market Size FAQs
What is the current United States Calcium Carbonate Market size?
The United States Calcium Carbonate Market is projected to register a CAGR of greater than 1% during the forecast period (2024-2029)
Who are the key players in United States Calcium Carbonate Market?
Imerys, Minerals Technologies Inc., Omya AG, Mississippi Lime Company and Lhoist are the major companies operating in the United States Calcium Carbonate Market.