Global Calcium Carbonate Market is expected to reach 24,972 million USD by 2024
The Global Calcium Carbonate market size was 18,244 Million USD in 2017 and it will be 24,972 Million USD in 2024, with a CAGR 4.59% from 2017 to 2024.
Calcium carbonate is usually marketed under two forms, Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC). GCC is mainly produced from the physical grinding of limestone while PCC is got from the chemical synthesis.
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Applications of calcium carbonate include paper industry, plastic industry, paints & coatings industry, carpet industry, adhesive &sealant industry and so on. Paper industry is the largest consumer of calcium carbonate.
The calcium carbonate industry is relatively fragmented. Except a few manufacturers with capacity more than one million tons, most manufacturers’ capacity still ranges from 10 K MT to 500 K MT. Global production of calcium carbonate mainly concentrates in North America, Europe and Asia.
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