North America Calcium Carbonate Market Analysis

North America Calcium Carbonate Market Analysis

The plastics & composites end-use of calcium carbonate is estimated to surpass over USD 2.5 billion by 2027 and is anticipated to demonstrate growth at over 8% CAGR over the forecast period. Plastic & composites is estimated to be the fastest-growing end-use industry of calcium carbonate. It is because of multiple functional benefits of calcium carbonate which includes enhanced the mechanical properties of the plastic and reduced the energy consumption while processing.
 

Moreover, calcium carbonate used in polypropylene sheet helps to streamline the thermoforming applications by letting the plastic to heat-up as well as cool down faster. The enhanced thermal conductivity helps to save energy significantly through higher outputs, faster conversion rates, and improved productivity.
 

Ground calcium carbonate market size is anticipated to reach over USD 8 billion by the end of 2027, growing at a CAGR of over 7% between 2016 and 2027. Increasing usage of ground calcium carbonate as a building material, or limestone aggregate for road construction is expected to propel the market growth. In addition, rising usage of ground calcium carbonate as a filler in paper as it is cost effective than wood fiber will increase its market demand during the forecast period. Ground calcium carbonate is essential ingredient in paper production and also considered as a vital ingredient in microporous films used in building films and diapers.
 

Moreover, ground calcium carbonate is considered an abrasive, especially when in calcite form. It has a low hardness level of around 3 on the Mohs scale owing to which it will not scratch glasses, iron, bronze, ceramics, enamel, and steel. Also, A paste made from deionized water and calcium carbonate is used to clean tarnish on silver. Therefore, this wide usage of grounded calcium carbonate anticipated to propel it market growth over the coming timeframe.
 

The pharmaceuticals application of calcium carbonate anticipated to show lucrative growth over the forecasted period and surpass over USD 935 million by 2027 with the CAGR over 7.5%. Calcium carbonate is easily available in the market and have number of health benefits includes healthy nervous system, healthy bones, muscles, and heart. Therefore, this easily accessible to consumers and rising consumer awareness towards its benefits will propel North America calcium carbonate market growth.
 

Furthermore, calcium carbonate does not have any side effects owing to which it is highly prescribed by doctors. Additionally, a lack of stringent regulations also makes it an essential ingredient for pharmaceutical manufacturers as all carbonate salts are listed under the safe list by the FDA.
 

The U.S. calcium carbonate market projected to show major share in the North America and valued over USD 10 billion by the end of 2027. Calcium carbonate fillers have ideal properties for manufacturing several polymers as it improves the mechanical properties of polymer while reducing the overall material cost. Rising industrialization led to increasing the demand for industrial fillers in numerous applications includes construction, plastics, and paper industry.
 

Moreover, increasing disposable income and changing lifestyles have increased spending on dietary supplements. These factors are positively influencing calcium carbonate demand as it is also used as an ingredient in dietary supplements in the form of tablets, capsules, and liquid. Calcium carbonate is an essential nutrient required for bone and muscle growth and is consumed through regular foods items or through external supplements.