Market Size of North America Calcium Carbonate Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 1.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Calcium Carbonate Market Analysis
The North American calcium carbonate market is expected to register a CAGR of about 1% during the forecast period.
- The major factor driving the growth of the market is the increasing demand for paints and coatings from the construction industry.
- The declining rate of paper production in North America is expected to hinder the growth of the market studied. Moreover, the health hazards associated with the usage of calcium carbonate are also expected to hinder the growth of the market.
North America Calcium Carbonate Industry Segmentation
The report on the North American calcium carbonate market includes:
| Type | |
| Ground Calcium Carbonate | |
| Precipitated Calcium Carbonate |
| End-user Industry | |
| Paper | |
| Plastic | |
| Adhesives and Sealants | |
| Paints and Coatings | |
| Other End-user Industries |
| Geography | |
| United States | |
| Canada | |
| Mexico |
North America Calcium Carbonate Market Size Summary
The North American calcium carbonate market is poised for modest growth, driven primarily by the rising demand for paints and coatings within the construction sector. Calcium carbonate serves as a crucial extender in these applications, offering benefits such as high brightness, low oil absorption, and improved anti-corrosion properties. The construction industry's expansion, particularly in the United States, is expected to bolster the demand for paints and coatings, thereby enhancing the market's growth prospects. However, the declining paper production rates in North America and health concerns associated with calcium carbonate usage pose challenges to market expansion.
The United States is anticipated to be the largest market for calcium carbonate in North America, supported by its robust construction and transportation industries, which drive demand for adhesives, sealants, and coatings. Despite being a leading paper producer, recent trends have dampened the demand for calcium carbonate in paper applications. Nonetheless, the healthcare sector's growth, fueled by an aging population and increased medical needs, presents additional opportunities for market development. The market remains fragmented, with key players like Omya AG, Imerys, and Minerals Technologies Inc. holding significant shares, contributing to the competitive landscape.
North America 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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1.2 Restraints
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1.2.1 Health Hazards Associated with Calcium Carbonate
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1.2.2 Declining Paper Industry
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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 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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1.5 Mine Locations
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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 Adhesives and Sealants
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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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2.3 Geography
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2.3.1 United States
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2.3.2 Canada
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2.3.3 Mexico
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North America Calcium Carbonate Market Size FAQs
What is the current North America Calcium Carbonate Market size?
The North America Calcium Carbonate Market is projected to register a CAGR of greater than 1% during the forecast period (2024-2029)
Who are the key players in North America Calcium Carbonate Market?
Omya AG , Imerys , Minerals Technologies Inc. , Mississippi Lime Company and J.M. Huber Corporation are the major companies operating in the North America Calcium Carbonate Market.
