Market Overview
The Global Ground Calcium Carbonate Market is expected to reach a valuation of USD 32,965.2 million in 2023, and it is anticipated to grow with a CAGR of 6.9% for the forecast period (2023-2032).
Ground calcium carbonate (GCC) is obtained by crushing and processing natural calcium carbonate rocks into powdered mineral fillers used across various industrial applications.
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Market Trends
- Increasing usage as a paper brightener and filler to improve printability and sheet brightness
- Growth as an extender in paints, coatings and sealants formulations
- Rising adoption in plastic compounds as a reinforcement filler and to improve dimensional stability
Market Leading Segmentation
By Application
• Pulp & Paper
• Building & Construction
• Plastic & Rubber
• Paints & Coatings
• Chemical
• Agriculture
• Others
Market Players
• Mineral Technologies Inc.
• Omya AG
• Imerys
• Sibelco
• Carmeuse
• GLC Minerals
• U.S. Aggregates
• Shiraishi Calcium Kaisha
• GCCP Resources Limited
• Mississippi Line Company
• J.M Huber Corporation
• Other Key Players
Factors Influencing Demand
- Expanding paper industry output and construction activity in Asia Pacific
- Ground calcium carbonate increasingly favored over kaolin across paper and packaging sectors
- Plastics production growth requiring minerals used as functional fillers is driving consumption
Challenges
- Threat of cheaper precipitated calcium carbonate variant substitutions restraining buyers
- Transportation costs volatility and energy-intensive manufacturing hampering profitability
- Concerns on long term availability and supply security of high quality limestone ores
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Opportunities
- Scope for ground calcium carbonate in bioplastics and biopolymers formulations
- Market consolidation enabling economies scale and favorable positioning for emerging regional players
- Development of surface treatments to augment properties expands usage scenarios
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