Market Size of Mexico Calcium Carbonate Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 2.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Mexico Calcium Carbonate Market Analysis
The Mexico calcium carbonate market is expected to grow at a CAGR of over 2% during the forecast period. Major factor driving the market studied is increasing demand for paints and coatings from the construction industry. On the flip side, health hazards associated with calcium carbonate and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.
- Increasing demand from the pharmaceutical industry is forecasted to offer various opportunities for the growth of the market over the forecast period.
- Calcium carbonate from paints and coatings is likely to dominate the market owing to rise in construction industry in mexico over the forecast period.