Market Size of Calcium Carbonate Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 164.42 Million tons |
| Market Volume (2029) | 191.36 Million tons |
| CAGR (2024 - 2029) | 3.08 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Calcium Carbonate Market Analysis
The Calcium Carbonate Market size is estimated at 164.42 Million tons in 2024, and is expected to reach 191.36 Million tons by 2029, growing at a CAGR of 3.08% during the forecast period (2024-2029).
The outbreak of COVID-19 and resultant lockdowns and social distancing norms led to the complete shutdown of various industries in the automotive, construction, and other manufacturing segments. However, the market is currently estimated to have reached pre-pandemic levels.
- Over the medium term, major factors driving the global calcium carbonate market are growing construction activities in the Asia-Pacific region and the replacement of kaolin with calcium carbonate in the paper industry.
- Health hazards associated with calcium carbonate are expected to hinder the market's growth during the forecast period.
- The emerging importance of green applications is expected to provide new opportunities for the market studied.
- The Asia-Pacific region, which includes the major consumption countries, such as China, India, and Japan, dominates the global market.
