January 25, 2022
According to the research report titled ‘North America Calcium Carbonate Market Size, Share and industry Analysis Report by Type (Ground Calcium Carbonate, Precipitated Calcium Carbonate), End Use (Paper & Pulp, Plastics & Composites, Adhesives & Sealants, Paint & Surface Coatings, Construction & Architecture, Glass & Ceramics, Agriculture, Animal Feed) and Application (Food & Beverage, Dietary Supplement, Pharmaceuticals, Manufacturing, Mining & Mineral Processing, Soil Conditioning & Fertilizers, Feed Additive), Growth Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, North America calcium carbonate market is anticipated to witness exponential growth through 2027.
As per the report findings, rising adoption of product across several industry verticals in the region, growing pharmaceutical sector, along with increasing healthcare spending, as well as spurring demand for electrical & lightweight automotive vehicles in the U.S are propelling the growth of North America calcium carbonate market.
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For the uninitiated, calcium carbonate is a mineral that is used as a pigment and filler in plastics, paper, rubber, inks, and paints, as well as a component in cosmetics, pharmaceuticals, asphalts, and construction materials. It is also used as a nutritional supplement in animal meals.
Increasing awareness regarding benefits of calcium carbonates in reducing carbon emission and improving the carbon footprint of the construction industry has played a vital role in enhancing the product outlook, thereby driving business expansion.
On the basis of type, the market is divided into precipitated calcium carbonated, and ground calcium carbonated.
In terms of application, the food & beverage segment is anticipated to reach a valuation of USD 720 million by the end of 2027. Additionally, the dietary supplement segment of North America calcium carbonate market is projected to showcase a CAGR of 7.6% over the forecast timeline.
Based on end user, the industry is classed into animal feed, agriculture, glass & ceramics, construction & architecture, paint & surface coatings, adhesives & sealants, plastics & composites, paper & pulp, and others. Herein, the others segment is expected to exceed a valuation of USD 2.7 billion by the end of 2027.
The key players in North America calcium carbonate industry are Gulshan Polyols Ltd., Carmeuse Lime & Stone Inc., Calcinor S.A., AGSCO Corporation, United States Lime & Minerals Inc., US Aggregates Inc, Newpark Resources Inc., Sibelco, Blue Mountain Minerals, Huber Engineered Materials, Minerals Technologies Inc., Mississippi Lime Company, Omya AG, and Imerys S.A.