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North America Calcium Carbonate Market Size

Report ID: GMI5136
Published Date: Oct 2021
Report Format: PDF

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North America Calcium Carbonate Market Size

North America Calcium Carbonate Market size was over USD 9.5 billion in 2020 and is estimated to grow at over 7.5% CAGR from 2021 to 2027 owing to increasing construction and remodeling projects in the region. Additionally, acceptance of wooden architects among consumers are increasing the demand for calcium carbonate in the paints & surface coatings market.

The growing demand for commercial glass making is due to the increasing demand for bottles and jars in food & beverage industries driving the demand for calcium carbonate. Calcium carbonates play a vital role in glassmaking and used as a stabilizer, improving the mechanical properties as well as the physical appearance of glass. It also increases the hardness and chemical durability of the final glass product.

North America Calcium Carbonate Market Outlook

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The global spread of COVID-19 has impacted each and every industry in the past few months. The global lockdown in major cities, ports, and temporary shutdown of manufacturing units, which is likely to impact the prices and supply for calcium carbonate and its raw materials for short and medium terms. However, the demand for calcium carbonate was impacted differently during the COVID-19 spread in multiple application.

The demand for range of dietary supplements and pharmaceutical products has increased owing to a rise in consumer health concerns during the pandemic. The demand for healthy food and dietary products witnessed a drastic spike during the initial phase of the pandemic, which support the growth for North America calcium carbonate market.

North America Calcium Carbonate Market Report Attributes
Report Attribute	Details
Base Year:	2020
North America Calcium Carbonate Market Size in 2020:	9.5 Billion (USD)
Forecast Period:	2021 to 2027
Forecast Period 2021 to 2027 CAGR:	7.5%
2027 Value Projection:	15.5 Billion (USD)
Historical Data for:	2016 to 2020
No. of Pages:	170
Tables, Charts & Figures:	133
Segments covered:	Type, End-Use, Applications
Growth Drivers:	Rapid growth in the North America construction industry Growth in the pharmaceutical industry along with increasing healthcare spending Increasing demand for electrical & lightweight automotive vehicles in the U.S to support product demand Growing animal feed demand and government support to accelerate the market growth
Pitfalls & Challenges:	The declining paper industry due to increasing digitization

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The paper industry has been majorly affected owing to growing digitalization and electronic publishing in the North America. Also, people in the region are looking for environmental-friendly options and supporting digitalization in every sectors. Therefore, the North America paper industry has declined over the past five years due to increasing shift towards paperless communication. As a result, decrease in the demand for paper in the upcoming years and affected the demand for calcium carbonate from the paper industry.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

North America calcium carbonate market is slated to surpass $15.5 billion by 2027 registering with a CAGR of over 7.5% from 2021 to 2027 with increasing construction and remodeling projects in the region.

The industries that largely use calcium carbonate are construction & architecture, paper & pulp, plastics & composites, paint & surface coatings, adhesives & sealants, and glass & ceramics among others.

North America’s ground calcium carbonate industry size will surpass USD 8 billion by 2027 owing to the increasing usage as a building material, or limestone aggregate for road construction.

The U.S. calcium carbonate market size will surpass USD 10 billion by 2027 owing to the increasing demand for industrial fillers in construction, plastics, and paper industry driven by the rising industrialization in the country.

The major players operating in North America calcium carbonate industry include Imerys, Omya AG, Minerals Technologies Inc., Mississippi Lime Company, and Newpark Resources among others.