North American Calcium Carbonate Market Size, Share, Impressive Industry Growth, Report 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
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North
American Calcium Carbonate Market– Segment by Country
·
United States
·
Canada
Company Profiles
·
Agsco Corp.
·
Blue Mountain
Minerals
·
GLC Minerals, LLC
·
Greer Industries,
Inc.
·
J.M. Huber Corp.
·
Kerford Limestone
·
Minerals
Technologies Inc.
·
Mississippi Lime
Co.
·
Newpark Resources,
Inc.
·
Parchem Fine &
Specialty Chemicals
·
United States Lime
& Minerals, Inc.
·
US Aggregates
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