Report ID: SQMIG15E2135
Report ID:
SQMIG15E2135 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
68 |
Figures:
75
Calcium Carbonate Market size was valued at USD 42 billion in 2019 and is poised to grow from USD 44.7 billion in 2023 to USD 74.1 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).
Calcium carbonate is derived from calcium ores such as calcite, aragonite, and limestone and is also naturally found in egg shells, pearls, and marine animal shells. The product is heavily used across a wide range of applications, including medicinal, biological, chemical, agricultural, industrial, and home applications. It is also known as one of the key nutritional supplement and often used in antacid. As per our findings, calcium carbonate is heavily used as a whitening agent, a mineral filler, and an alkalizing agent, which play a key role in driving the growth of the global calcium carbonate market.
Increased demand for filler materials from paper, paints and coatings, plastic, and construction industires is expected to drive the market growth to a great extent in the years to come. Calcium carbonate is also used for iron purification, pool water pH adjustment, filler material for latex gloves, and as a disinfection agent. This is expected to further support the growth of calcium carbonate market.
US Calcium Carbonate Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15E2135