Calcium Carbonate Market in North America 2015-2019
About Calcium Carbonate
Calcium carbonate is a chemical commodity that is usually categorised into two segments: GCC and PCC. It is used majorly in industrial end uses. The mineral is versatile in its usage, and can be used as a filler, pigment, acid regulating agent, food supplement and also as an industrial raw material. Paper, and the plastic industry are the consumers of this mineral. Calcium carbonate is also used extensively as an additive for thermoplastics and in Polyvinyl Chloride (PVC) applications. It plays a vital role in determining the environmental sustainability and energy efficiency of various other end user industries.
North America is a key market, both in terms of production and end usage. The region is also a manufacturing hub and exporter of paper products.
Technavio forecasts the calcium carbonate market in North America to grow at a CAGR of 6.87% during 2014-2019.
Covered in this Report
The Technavio report, Calcium Carbonate Market in North America 2015-2019, is based on an in-depth market analysis, with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various types of production techniques, applications and demand-supply dynamics, including both imports and exports from the US and Canada. It provides comments on b the existing market landscape and its growth prospects over the forecast period. It includes the key vendors operating in the market.
The report provides data on the following segments of the market:
Technavio Announces the Publication of its Research Report – Calcium Carbonate Market in North America 2015-2019
Technavio recognizes the following companies as the key players in the Calcium Carbonate Market in North America: Imerys SA, J.M. Huber Corp., Omya, Sigma Aldrich Corp., and Solvay SA.
Other Prominent Vendors in the market are: Arkema, Carmeuse, Excalibar Minerals, Graymont, and Great Lakes Calcium.
Commenting on the report, an analyst from Technavio’s team said: “The increasing downstream integration by major vendors is a key trend observed in this market. Most vendors are resorting to downstream integration to prepare customized products for various applications because of increased competition and shrinking margins.”
According to the report, one driver that augments growth in this market is the increased use of calcium carbonate in paper manufacturing. Approximately 10%-25% of calcium carbonate is used in the manufacture of wide varieties of paper products such as corrugated boards, newspaper, copier paper, and hygiene products. The mineral acts as the most economical filler and pigment in paper manufacturing.
Further, the report states that the growing demand for kaolin as substitute is a major challenge faced by this market. Kaolin is a silicate mineral that has various industrial uses similar to those of calcium carbonate. Kaolin exhibits properties such as low shrink capacity and good opacity. As a result, it is preferred over calcium carbonate in paper production.