Precipitated calcium carbonate is a type of calcium carbonate that is obtained from lime or limestone through precipitation reactions.
Overview of Market Development
At present, the global market for precipitated calcium carbonate is showing a situation of oversupply. With the progress of technology and the development of industries, the application fields of precipitated calcium carbonate are becoming more and more extensive, and the demand is constantly increasing, resulting in a steady increase in market revenue. According to our research data, the global precipitation calcium carbonate market revenue is expected to reach $3249 million in 2024, an increase of 5.01% compared to 2023. It is expected to continue to increase to $4147 million by 2029.
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global precipitated calcium carbonate market is moderate. Data shows that in 2023, the top 3 companies achieved a total revenue of $993 million in the precipitation calcium carbonate market, with a total revenue share of 32.08%. The top three companies were Minerals Technologies, Omya, and Imerys. In 2023, these three companies accounted for 14.96%, 10.46%, and 6.66% of the global total revenue in the precipitation calcium carbonate market.
Global Precipitated Calcium Carbonate (PCC) Market Revenue Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, precipitated calcium carbonate can usually be divided into two categories: pharmaceutical grade and industrial grade, based on different uses and quality standards. Among them, industrial-grade precipitated calcium carbonate dominates the market. The data shows that the global industrial-grade precipitated calcium carbonate sub-market is expected to generate revenue of $2623 million in 2024, and its market share is expected to reach 80.73%.
From the perspective of downstream applications, precipitated calcium carbonate has been widely used and developed in fields such as papermaking, plastics, paint, coatings, adhesives, and sealants. The application of precipitated calcium carbonate in rubber can increase the volume of rubber, reduce product costs, and improve the processing performance of rubber; Applied to plastics, it can improve their dimensional stability, hardness, and rigidity, and improve their processing performance; to papermaking, it can ensure that the paper has a certain strength and whiteness while reducing costs; Applied in coatings and serving as a framework, calcium carbonate is referred to as a physical pigment in the coating industry. Research has shown that the papermaking and plastic industries are the first and second largest downstream application markets for precipitated calcium carbonate, with application shares of 35.33% and 32.53% in 2024, respectively.
Global Precipitated Calcium Carbonate (PCC) Segment Market Revenue and
Share Forecast in 2024
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|
Market Revenue (Million USD)
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Market Share
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Segmented by Type
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Pharmaceutical Grade
|
626
|
19.27%
|
|
Industrial Grade
|
2623
|
80.73%
|
|
Segmented by Application
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|
Papermaking
|
1148
|
35.33%
|
|
Plastics
|
1057
|
32.53%
|
|
Paint & Coatings
|
275
|
8.46%
|
|
Adhesives & Sealants
|
115
|
3.55%
|
|
Others
|
654
|
20.13%
|
Source: www.globalmarketmonitor.com
Market Development Forecast
Demand forecast: The demand for precipitated calcium carbonate mainly comes from industries such as plastics, rubber, and coatings. With the continuous development of these industries, especially the increasing environmental requirements, the demand for precipitated calcium carbonate will continue to increase. In addition, emerging fields such as 3D printing and electric vehicles will also bring new growth points for the precipitation of calcium carbonate.
Supply forecast: In the coming years, the global production capacity of precipitated calcium carbonate will continue to increase. In addition to existing large manufacturers, some small manufacturers will also enter the market to increase production capacity. However, due to the increase in environmental protection requirements and the promotion of technological progress, the growth rate of production capacity may be affected to a certain extent.
Price forecast: In the coming years, the global price of precipitated calcium carbonate will continue to fluctuate and rise. Although the supply and demand relationship and fluctuations in raw material prices may have a certain impact on prices, in the long run, prices will continue to rise due to the continuous increase in demand and technological progress.
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