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 for paper and plastics, 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 36 Figures spread through 145 Pages and in-depth TOC on "Calcite Market by Type (GCC, PCC), Application (Paper, Paints & Coatings, Construction, Plastics, Adhesives & Sealants), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2024"
Major companies operating in the calcite industry include Imerys S.A. (France), Omya AG (Switzerland), Minerals Technologies Inc. (US), Huber Engineered Materials (US), and Gulshan Polyols Ltd. (India). These companies account for a major share of the market.
Omya AG (Switzerland) is another major company in the calcite market. It has been adopting organic and inorganic strategies to sustain its position in the market. For instance, in November 2018, the company established a research center for crop cultivation at Oftringen. It undertakes studies through the systematic analyses of natural calcium carbonate in agriculture. Insights gained at the center have proven valuable for the development of new products and innovative technologies for agriculture. In November 2018, Omya AG introduced a new functionalized calcium carbonate for use in biopolymers under the brand name, Omya Smartfill 55– OM. The new calcium carbonate is used particularly as filler material for polylactic acid (PLA) as this does not demonstrate almost any hydrolysis when processed at filler loads of up to 40%
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Recent Developments
- In November 2019, Imerys S.A. acquired some assets of the EDK company, a leading producer of ground calcium carbonates (GCC) in Brazil. These assets include three operating plants and 100 employees, which generated annual revenues of USD 15.5 million in 2018.
- In June 2019, Minerals Technologies Inc. installed and deployed a new ENVIROFIL PCC technology, a new, innovative recycling technology that allows papermakers to recover mineral pigments from the deinking residue by converting these raw materials, at UPM-Kymmene Corporation’s paper mill in Schongau, Germany. This process has proven to substantially improve waste paper yield, mitigating solid waste disposal costs, and reducing the environmental impact of the deinking process.
- In November 2018, Omya AG introduced a new functionalized calcium carbonate for use in biopolymers under the brand name, Omya Smartfill 55– OM. The new calcium carbonate is used particularly as filler material for polylactic acid (PLA) as this does not demonstrate almost any hydrolysis when processed at filler loads of up to 40%.
- In November 2018, Nordkalk Corporation increased its production capacity of limestone in Turkey. The new crushing plant increases the annual production capacity to 2.5 million tons of limestone, offered in several fractions. In addition to capacity increase, the plant enhances the health and safety conditions and impact of production on the environment.
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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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.Browse 105 Market Data Tables and 36 Figures spread through 145 Pages and in-depth TOC on "Calcite Market by Type (GCC, PCC), Application (Paper, Paints & Coatings, Construction, Plastics, Adhesives & Sealants), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2024" Major companies operating in the calcite industry include Imerys S.A. (France), Omya AG (Switzerland), Minerals Technologies Inc. (US), Huber Engineered Materials (US), and Gulshan Polyols Ltd. (India).
These companies account for a major share of the market.Omya AG (Switzerland) is another major company in the calcite market.
For instance, in November 2018, the company established a research center for crop cultivation at Oftringen.
Insights gained at the center have proven valuable for the development of new products and innovative technologies for agriculture.
The new calcium carbonate is used particularly as filler material for polylactic acid (PLA) as this does not demonstrate almost any hydrolysis when processed at filler loads of up to 40%Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=50319659Omya AG (Switzerland) is another major company in the calcite market.
Insights gained at the center have proven valuable for the development of new products and innovative technologies for agriculture.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.
The Calcite market standpoint segment primarily incorporates essential elements of the market which include drivers, opportunities, restraints and challenges faces by the business.
Drivers and Restraints are characteristic elements though openings and difficulties are extraneous components of the business.Calcite market will reach an estimated valuation of USD 15.1 billion by 2027, while registering this growth at a rate of 5.17% for the forecast period of 2020 to 2027.The “Worldwide Calcite Market” study report will give a significant knowledge an accentuation on Global market including a portion of the significant players like Sibelco, Wolkem India Pvt Ltd., Fimatec Ltd., Maruo Calcium Co., LTD., Nordkalk Corporation, Omya AG, ASEC Company for mining, Zantat Sdn.
Our market examination additionally involves a part exclusively devoted for such significant players wherein our experts give a knowledge to the fiscal summaries of the multitude of significant players, alongside its item benchmarking and SWOT investigation.
The cutthroat scene segment likewise incorporates key advancement methodologies, piece of the pie and market positioning investigation of the previously mentioned players internationally.Download Sample Copy of the Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-calcite-marketMarket Scope and Market SizeOn the basis of type, the calcite market is segmented into ground calcium carbonate (GCC), precipitated calcium carbonate (PCC).Based on size, the calcite market is segmented into fine and coarse.The application segment for the calcite market is segmented into paper, paints & coatings, construction, plastics, adhesives & sealants and others.The benefits for the Calcite are driving the development if the market for the Calcite Industry.
These variables incorporate the further developed productivity of the framework, cost effectiveness, the anticipation of disappointment with the execution of the Calcite just as expanded confirmation of administrator wellbeing.
Factors, for example, the cost of the Calcite Market are controlling the businessThe report contains a quantitative and subjective assessment of market components which interests the customer.
