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Calcite Market Trends

ID: MRFR//5726-HCR | 180 Pages | Author: Priya Nagrale| July 2024

Global Calcite Market Overview


Calcite Market Size was valued at USD 10.73 Billion in 2023. The Calcite industry is projected to grow from USD 11.29 Billion in 2024 to USD 16.09 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.53% during the forecast period (2024 - 2032). Increasing demand for the product of the agriculture and paper industry is expected to be the market driver contributing to market growth.Calcite MarketSource: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Calcite Market Trends




  • Increasing demand from different industries is driving market growth




The market CAGR for the Calcite has been growing rapidly in recent years, which is expected to continue in the coming years. The construction industry is a major consumer of calcite due to its use as a raw material in cement and concrete production. Calcite is used as a filler in cement and concrete to enhance their strength and durability. With the growth in construction activities worldwide, the demand for calcite is expected to rise in the coming years. The increasing popularity of green buildings, which require sustainable and eco-friendly materials, is also expected to boost the demand for calcite in the construction industry.


Calcite is widely used as a pigment extender and filler in the paints and coatings industry, as it enhances the paint's opacity, brightness, and whiteness. With the growth in the construction industry and the increasing demand for decorative and protective coatings, the demand for calcite in the paints and coatings industry is expected to increase. Additionally, the growing trend of using eco-friendly and low-VOC paints is expected to further boost the demand for calcite in this sector. Another trend in the Calcite market is also used as a filler in paper and pulp production to improve paper quality and reduce production costs. The increasing demand for paper and pulp in various industries, such as packaging, printing, and publishing, is expected to drive the demand for calcite in this sector. The growing trend of user-friendly packaging is also expected to increase the demand for calcite in the paper and pulp industry, as it is a sustainable and renewable resource.


The calcite market is witnessing growth due to its wide range of applications in different industries. The increasing demand from the construction, paper, pulp, paints, and coatings industries are the key trends currently shaping the market to drive the Calcite market revenue.


Calcite Market Segment Insights


Calcite Form Insights


The Calcite market segmentation, based on form, includes powder, granule, and slurry. The powder category generated the most income in the market due to its fine particle size and high surface area. It is used in various applications such as paper, paint, plastic, rubber, and construction.


Calcite Application Insights


The Calcite market segmentation, based on application, includes animal feeds, adhesives and sealants, glass and ceramics, and cement. The cement segment dominated the market revenue due to the increasing demand for calcite in the construction industry for cement, mortar, and concrete.


Calcite Type Insights


The Calcite market segmentation, based on type, includes PCC and GCC. The PCC segment dominated the market revenue due to its high purity and non-toxic qualities.


Figure 1: Calcite Market, by Type, 2022 & 2032 (USD billion)Calcite Market, by TypeSource: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Calcite Regional Insights


By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Calcite market area is expected to have significant growth in this market. The growth in North America is driven by the increasing demand for cement, glass, and plastics in the construction and automotive industries. The growth in the shale gas industry has also increased the demand for calcite in drilling fluids and cementing operations. Furthermore, major market players in the region, especially in the U.S., are expected to fuel market growth.


Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: CALCITE MARKET SHARE BY REGION 2022 (%)


CALCITE MARKET SHARE BY REGION


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe's Calcite market accounts for the second-largest market share. The growth in Europe is driven by the increasing demand for paper, paints, and coatings, the major end-use industries for calcite. The European automotive industry is also a significant consumer of calcite in producing plastics and coatings. Further, the German Calcite market held the largest market share, and the UK Calcite market was the fastest-growing market in the European region.


The Asia-Pacific Calcite Market will dominate with the largest share. The growth in APAC can be attributed to the increasing demand for cement, plastics, and paper in the region, the major end-use industries for calcite. It is also a major exporter of calcite to various regions of the world, including North America and Europe. Moreover, China’s Calcite market held the largest market share, and the Indian Calcite market was the fastest-growing market in the Asia-Pacific region.


Calcite Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development to expand their product lines, which will help the Calcite market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Calcite industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.


Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Calcite industry to benefit clients and increase the market sector. In recent years, the Calcite industry has offered some of the most significant advantages to medicine. Major players in the Calcite market, including Imerys (France), Huber Engineered Materials (US), Minerals Technologies Inc. (US), Omya AG (Switzerland), ASCOM Group (Switzerland), Nordkalk Corporation (Finland), Esen Mikronize Maden (ISTANBUL), CITIC Calcium Industry Co. Ltd., Columbia River Carbonates (US), Jay Minerals (India), GP Group (Thailand), Longcliffe (UK), Fitz Chem LLC (US), NITTO FUNKA KOGYO K.K.(Japan), and others, are attempting to increase market demand by investing in research and development operations.


Imerys S.A. is a French international company located in Paris, France, specializing in producing and processing minerals. It produces and processes rocks and minerals for customers in the manufacturing and construction industries. 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 significant annual revenues in 2018.


Nordkalk Corporation, located in Pargas, Finland founded in 1991. It is a manufacturer of limestone-based products. The main products of the corporation are limestone products such as calcite and dolomite, calcium oxide and calcium hydroxide, quicklime, and floatation calcite. In November 2018, Nordkalk Corporation increased its limestone production capacity 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 Companies in the Calcite market include




  • Imerys (France)




  • Huber Engineered Materials (US)




  • Minerals Technologies Inc. (US)




  • Omya AG (Switzerland)




  • ASCOM Group (Switzerland)




  • Nordkalk Corporation (Finland)




  • Esen Mikronize Maden (ISTANBUL)




  • CITIC Calcium Industry Co. Ltd.




  • Columbia River Carbonates (US)




  • Jay Minerals (India)




  • GP Group (Thailand)




  • Longcliffe (UK)




  • Fitz Chem LLC (US)




  • NITTO FUNKA KOGYO K.K.(Japan)




Calcite Industry Developments


September 2022: Imerys S.A. entered into exclusive negotiations with Syntagma Capital to sell its assets producing kaolin, ground calcium carbonate ("GCC"), precipitated calcium carbonate ("PCC"), and talc, which primarily serve the paper market, for an enterprise value of EUR 390 million (USD 424 million), including an earn-out based on future business performance.


September 2022: Omya and IFG announced a strategic R&D collaboration to investigate the integration of calcium carbonate inside fibers. The two companies will collaborate to investigate novel fiber product performance, features, and applications at IFG's Fibers Research Center in Linz, Austria.


In May 2020: Minerals Technologies Inc. announced it had agreed to launch a 42,000 metric tonne satellite precipitated calcium carbonate (PCC) plant per year at their paper mill with Satia Industries Limited in Punjab District, India.


Calcite Market Segmentation


Calcite Form Outlook




  • Powder




  • Granule




  • Slurry




Calcite Type Outlook




  • PCC




  • GCC




Calcite Application Outlook



Calcite Regional Outlook


North America


  • US

  • Canada


Europe



  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe



 Asia-Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Australia

  • Rest of Asia-Pacific


Rest of the World

  • Middle East

  • Africa

  • Latin America

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