Precipitated Calcium Carbonate Market Size to Grow by 5.36 Mn tons at a CAGR of 4.75% | Paper segment is expected to witness lucrative growth | Technavio – QNT Press Release


NEW YORK, May 30, 2022 /PRNewswire/ — The Precipitated Calcium Carbonate Market size is expected to grow by 5.36 million tons with YOY growth of 4.13% during the forecast period. One of the key factors driving the precipitated calcium carbonate market growth is the importance of PCC in the paper industry. The report offers an up-to-date analysis of the current market scenario and information from several leading manufacturers.

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This market research report extensively covers Precipitated Calcium Carbonate Market segmentations by the following:

  • End-user – Paper, plastic, paint, adhesive and sealant, and others
  • The paper’s precipitated calcium carbonate market share will expand significantly. The paper industry’s demand for PCC is driven by criteria such as paper quality, brightness, and whiteness.
  • Geography – North America, EuropeAPAC, Middle East and Africaand South America
  • APAC will account for 68 percent of market growth. In APAC, China and India are the most important markets for precipitated calcium carbonate. The market in this region will increase at a quicker rate than the market in other regions.
  • Over the forecast period, higher paper production and the existence of large-scale paper producing companies will aid the precipitated calcium carbonate market expansion in APAC.

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Precipitated Calcium Carbonate Market Dynamics

Market Driver

The relevance of precipitated calcium carbonate in the paper sector is one of the primary reasons driving market growth. Because of its exceptional properties and features, PCC is becoming increasingly important in the paper sector. PCC is widely used in the paper industry as a filler, coating pigment, brightening agent, and surface finish additive . It is preferred in the paper sector because of its small particle size and easy application.

Market Trend

One of the key factors driving market expansion is the importance of precipitated calcium carbonate in the paper industry. PCC is becoming increasingly essential in the paper industry because to its unique qualities and features. PCC is widely used as a filler, coating pigment, brightening agent, and surface finish additive in the paper industry. Because of its small particle size and ease of application, it is preferred in the paper industry.

Market Challenge

One of the major roadblocks to the precipitated calcium carbonate market’s expansion is dwindling limestone supplies. One of the most cost-effective calcium carbonate sources is limestone. Some limestone reserves can produce calcium carbonate in the range of 98 percent to 99 percent. Limestone reserves are concentrated throughout North Americaparticularly in the United States. The majority of limestone reserves are located far from main consumption areas. As a result, PCC manufacturers believe limestone mining activities to be commercially unviable.

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Precipitated Calcium Carbonate Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.75%

Market growth 2021-2025

5.36 mn tons

Market structure

Fragmented

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