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Calcite Market Outlook – 2030
Calcite is a mineral that forms rocks. It is common and can be found in sedimentary, metamorphic, and igneous rocks all over the globe. Calcite is the main component of limestone and marble. These rocks are extremely common and are available in huge percentage in the Earth's crust. The Calcite Market is divided into ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC) globally. GCC is more valued than PCC because it is much more cost effective. GCC has a great demand as a filler material in paper applications as it has ability to enhance printability, whiteness, brightness and opacity of the paper. Calcite ore is useful across diverse applications in agricultural, construction, and other industries. The increase in the population and rapid urbanization will allow significant opportunities for ongoing and upcoming Industrial and commercial applications of calcite during the forecasted period. The global calcite market has experienced a steady spike especially from agriculture and cement industry. It has widespread usage as raw materials in both cement and agriculture industries. The demand from the pharmaceutical industry for calcite as it has acid-neutralizing ability in making medicines. Calcite diminish shrinkage in adhesives and sealants, while enhancing their consistency and gap filling properties, which makes it favorable various applications.
Covid-19 Impact
Top impacting Factors
In modern construction, calcite is used in the form of limestone to produce cement and concrete. Marbles too are used for showcasing the beauty in different colors and patterns. The increase in demand for marble flooring, bathroom countertops, kitchen tabletops are expected to drive the market in the upcoming years. Furthermore, in India, the construction industry has received a lot of investments through private equity and venture capital investments. It is expected to witness a huge rise in CAGR during the forecast period. The increase in urbanization in the emerging economies requires infrastructure development which is expected to drive the market in the upcoming years.
Market Trends
Key Benefits of the Report
Questions answered in the Calcite Report
Calcite Market Report Highlights
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Key Market Players | Omya AG, Nordkalk Corporation, Fimatec Ltd., MJ Minerals, Gulshan Polyols Ltd, J.M. Huber Corporation, Silver Microns Pvt. Ltd., Northern Minerals Co. LLC, Excaliber Minerals, Esen Mikronize Maden |
Jay Minerals, Zantat Sdn. Bhd., Ajanta Industries, Wolkem, Shiraishi Calcium Kaisha Co., Ltd |
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