Indian Calcium Carbonate Market Growth, Size, Share and Forecast 2020-2026
Indian calcium carbonate market is estimated to grow at a CAGR of 5.1% during the forecast period. The growing plastics and paper industry is a key factor accelerating market growth. As per the Indian Paper Manufacturers Association (IPMA), the Indian paper industry represents nearly 4% of the global paper manufacturing. Calcium carbonate is often utilized in papermaking as a pigment or filler as it has high brightness. PCC is utilized as 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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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. 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.
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Scope of the Indian 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
- Competitive Landscape- Imerys S.A., Omya International AG, Minerals Technologies, Inc., J.M. Huber Corp., Gulshan Polyols Ltd. (GPL)
Recent Strategic Initiatives in the Indian Calcium Carbonate Market
- In May 2019, Minerals Technologies Inc. declared that it has signed an agreement with Century Pulp & Paper, Division of Century Textiles and Industries Ltd., to install a 45,000 metric ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Lalkuan, District Nainital, India. This new facility is scheduled to commence operation in the second quarter of 2020.
- In February 2018, Imerys acquired the consolidated calcium carbonates business of Vee Microns and Vimal Microns. The assets acquired comprise the manufacturing facilities of Vimal Microns’ at Alwar and Mehsana, commercialized under the CARB ALPHA, VIMCRO CARB, and VCARB brands. The two manufacturing sites will combine Imerys’ broad global footprint of 270 industrial sites in 50 countries.
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?
Indian Calcium Carbonate Market-Segmentation
By Type
- Ground Calcium Carbonate (GCC)
- Precipitated Calcium Carbonate (PCC)
By End-User Industry
- Paper
- Adhesives and Sealants
- Plastics
- Paints and Coatings
- Construction
- Others
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Company Profiles
- Aranthangi Chemicals Pvt. Ltd. (ACPL)
- Calchem Industries, Ltd.
- Chemical & Mineral Industries Pvt. Ltd.
- Gulshan Polyols Ltd (GPL)
- Imerys S.A.
- Indo Chemicals Pvt. Ltd.
- J.M. Huber Corp.
- Jay Minerals
- Lhoist Group
- Mewar Microns
- Mountain Minerals and Microns, Ltd.
- Omya International AG
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