North American Calcium Carbonate Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027

North American calcium carbonate market is estimated to grow at a CAGR of 3.4% during the forecast period. The growing paper industry is one of the major factors that is accelerating market growth in the region. As per the Government of Canada, in 2017, manufacturing revenues of pulp, paper, and paperboard mills reached $16.7 billion in 2017 increased from $15.8 billion in 2016. As a filler material, calcium carbonate is largely utilized in the alkaline paper production process. The major cause behind the potential use of calcium carbonate is the demand for bulkier and brighter paper. Ground calcium carbonate (GCC) is cost-effective and has high brightness. It develops a porous surface on the paper sheet owing to its rhombohedral particle shape.

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Additionally, precipitated calcium carbonate (PCC) is a low-cost mineral for the production of high-quality paper and paperboard through the substitution of huge costly additives, wood pulp, or other minerals. Coating PCC has benefits over GCC owing to its superior gloss and opacity. Calcium carbonate is often utilized in papermaking as a pigment or filler as it has high brightness. PCC is utilized as a filler as it holds properties including porosity which supports opacity and whiteness levels highly superior to those found using other non-synthetic fillers.

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Scope of the North American Calcium Carbonate Market

Market Coverage

  • Market number available for 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Type and End-User Industry
  • Countries Covered- US and Canada
  • Competitive Landscape- Minerals Technologies Inc., J.M. Huber Corp., and Mississippi Lime Co.

Recent Strategic Initiatives in the North American Calcium Carbonate Market

  • In August 2019, Mississippi Lime Co. acquired Calera, Alabama lime business of Covia, operating historically as Southern Lime. Covia supplies high-calcium hydrated lime and quicklime products to customers in the US. This acquisition enhances Mississippi Lime’s manufacturing facilities to nine locations, led by a network of distribution locations throughout the US. The Southern Lime business and its Calera, Alabama lime (AL) facility will be completely integrated into Mississippi Lime.
  • In March 2019, Huber Engineered Materials (HEMs), declared the acquisition of Miller Chemical & Fertilizer, LLC. The Miller acquisition further enhances HEM’s mission to establish a diverse portfolio in the mineral and chemical markets.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from the pre-COVID-19 forecast

o             Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

North American Calcium Carbonate Market-Segmentation

By Type

  • Ground Calcium Carbonate
  • Precipitated Calcium Carbonate

By End-User Industry

  • Paper
  • Adhesives and Sealants
  • Plastics
  • Paints and Coatings
  • Construction
  • Others

This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.

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