Mexico Calcium Carbonate Market Size (2024 - 2029)

The Mexico calcium carbonate market is anticipated to experience growth, driven primarily by the rising demand from the construction industry's paints and coatings sector. However, the market's expansion is challenged by health concerns related to calcium carbonate and the adverse impacts of the COVID-19 pandemic. Despite these challenges, the pharmaceutical industry's increasing demand presents potential opportunities for market growth. The construction industry's expansion is expected to maintain its dominance in the market size of calcium carbonate used in paints and coatings throughout the forecast period.

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Market Size of Mexico Calcium Carbonate Industry

Market Overview - Mexico Calcium Carbonate Market
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

Mexico Calcium Carbonate Market Major Players

*Disclaimer: Major Players sorted in no particular order

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.

Mexico Calcium Carbonate Industry Segmentation

The mexico calcium carbonate market report includes:

Type
Ground Calcium Carbonate
Precipitated Calcium Carbonate
End-User Industry
Paper
Plastic
Adhesive and Sealant
Paints and Coatings
Other End-User Industries
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Mexico Calcium Carbonate Market Size Summary

The Mexico calcium carbonate market is poised for growth, driven primarily by the increasing demand for paints and coatings within the construction sector. This demand is bolstered by the government's National Infrastructure Plan, which aims to significantly boost infrastructure investment and economic growth. Calcium carbonate serves as a crucial extender in paints and coatings, offering benefits such as high brightness, low oil absorption, and improved anti-corrosion properties. Despite challenges such as health concerns and the impact of the COVID-19 pandemic, the market is expected to benefit from opportunities in the pharmaceutical industry, which is anticipated to drive further growth.

The market landscape is characterized by a partial consolidation, with a few major players like Imerys, Minerals Technologies Inc., Omya AG, J.M. Huber Corporation, and Sibelco leading the industry. Precipitated calcium carbonate (PCC) is particularly valued for its functional properties, finding extensive use in various applications including adhesives, sealants, and plastics. While recent disruptions in the construction industry due to natural events and pandemic-related delays have temporarily affected demand, the market is projected to recover steadily over the long term.

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Mexico Calcium Carbonate Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand for Paints and Coatings from the Construction Industry

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Health Hazards Associated with Calcium Carbonate

      2. 1.2.2 Negative Economical Impacts of COVID-19

      3. 1.2.3 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Ground Calcium Carbonate

      2. 2.1.2 Precipitated Calcium Carbonate

    2. 2.2 End-User Industry

      1. 2.2.1 Paper

      2. 2.2.2 Plastic

      3. 2.2.3 Adhesive and Sealant

      4. 2.2.4 Paints and Coatings

      5. 2.2.5 Other End-User Industries

Mexico Calcium Carbonate Market Size FAQs

The Mexico Calcium Carbonate Market is projected to register a CAGR of greater than 2% during the forecast period (2024-2029)

Imerys, Minerals Technologies Inc., Omya AG, Sibelco and J.M. Huber Corporation are the major companies operating in the Mexico Calcium Carbonate Market.

Mexico Calcium Carbonate Report Snapshots

Mexico Calcium Carbonate Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)