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.
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 |
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.
Mexico Calcium Carbonate Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand for Paints and Coatings from the Construction Industry
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1.1.2 Other Drivers
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1.2 Restraints
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1.2.1 Health Hazards Associated with Calcium Carbonate
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1.2.2 Negative Economical Impacts of COVID-19
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1.2.3 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Ground Calcium Carbonate
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2.1.2 Precipitated Calcium Carbonate
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2.2 End-User Industry
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2.2.1 Paper
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2.2.2 Plastic
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2.2.3 Adhesive and Sealant
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2.2.4 Paints and Coatings
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2.2.5 Other End-User Industries
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Mexico Calcium Carbonate Market Size FAQs
What is the current Mexico Calcium Carbonate Market size?
The Mexico Calcium Carbonate Market is projected to register a CAGR of greater than 2% during the forecast period (2024-2029)
Who are the key players in Mexico Calcium Carbonate Market?
Imerys, Minerals Technologies Inc., Omya AG, Sibelco and J.M. Huber Corporation are the major companies operating in the Mexico Calcium Carbonate Market.
