An overview of the whole calcium carbonate market

Despite being negatively affected by the COVID-19 pandemic. However, the market is now estimated to have reached pre-pandemic levels.

• In the medium term, growing construction activities and demand from industries such as pulp and paper, plastics and construction in Asia Pacific are expected to motivate the growth of the calcium carbonate market. 
• The Asia-Pacific region, which includes major consuming countries such as China, India, and Japan, dominates the global market.
• Increasing consumer awareness about the environmental impact of cars and growing demand for electric cars is likely to motivate market growth in the region.
• The health hazards associated with calcium carbonate are anticipated to hinder market growth during the forecast period.
  

Main market trend

The paper industry is strengthening the fillers and pigments segment

• Calcium carbonate is widely used in paper mills as auxiliary material in the production of alkaline paper. The growing demand for lighter and thicker paper is the main motivation behind the popularity for calcium carbonate in the paper industry.
• In the paper industry, calcium carbonate is globally appreciated for its high light scattering and luminance properties, and it is used as an inexpensive filler to make bright translucent paper. The filler is used at the wet end of the paper-making machine, and the calcium carbonate filler makes the paper bright and smooth.
• In addition, countries like China, India, Canada, USA, and EU have banned single-use plastic packaging products, which is motivating the demand for paper for packaging solutions in stores. groceries, food delivery systems, clothing stores, and other products, thus positively impacting calcium carbonate demand in the end-use paper industry.
• Currently, Asia-Pacific leads in market demand for calcium carbonate in the paper industry, of which China is the leading consumer. Growing demand for paper and tissue packaging products is expected to motivate the market in the Asia-Pacific region.
• Packaging demand is motivated by rapid economic growth and growing food consumption in the region. The demand for tissues is motivated by population growth and improved hygiene standards.
• All of the aforementioned factors, in turn, are expected to motivate demand for calcium carbonate during the forecast period.

Asia-Pacific is expected to dominate the global market

• Asia-Pacific is predicted to lead the calcium carbonate market due to increasing construction activity in the region.
• Along with the growing construction industry in the region, the demand for calcium carbonate is expected to be motivated by increasing economic activities and new investment opportunities in emerging economies such as China, India, Indonesia, and other countries.
• China is the largest pulp and paper producer in the world, due to its large forest reserves, which cover 22.5% of the land area. Modern industry is highly mechanized and cheap labor. Forest cover is increasing in China due to government reforestation initiatives.
• China is the largest producer and consumer of plastics, adhesives, sealants, rubber, paints, and coatings globally. The majority of plastics, adhesives and sealants, as well as paints and coatings, are consumed by the automotive and construction industries. The automobile industry is the main consumer of rubber.
• The Indian government's 'Housing for All by 2022' scheme is also a major changer for the industry. Additionally, the Union Cabinet approved the creation of a $3.58 billion Alternative Investment Fund (AIF) to revive some 1,600 stalled housing projects across leading cities in the country.
• According to the Indian Paper Manufacturers Association (IPMA), although the Indian pulp and paper market is growing at around 6-7% per year, the industry has seen a decline in output in the past three years. This is in contrast to consumption which is showing a steady increase.
• Overall, with growing demand from various end-consumer industries in the region, the Asia-Pacific market for calcium carbonate is anticipated to dominate the global market.
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