Market Overview
The global Coated Ground Calcium Carbonate market was valued at USD 8.78 billion in 2022 and expected to grow at a CAGR of 4.5% during the forecast period. Coated ground calcium carbonate (GCC) is a type of calcium carbonate that has been surface-treated with various coating materials to improve its properties such as whiteness, brightness, and dispersibility. It is commonly used as a filler material in various industries, including paper, plastics, rubber, paints and coatings, and construction. The coating material can be organic or inorganic and is chosen based on the application and the desired properties of the final product. Coated ground calcium carbonate can also be customized to meet specific end-user requirements, such as particle size, surface area, and coating thickness.
The global coated ground calcium carbonate market is expected to experience significant growth over the forecast period of 2021 to 2028. The market growth is primarily driven by the increasing demand for the product in various end-use industries such as paper, plastic, paint, rubber, and others. The unique properties of coated ground calcium carbonate, such as its high brightness, whiteness, and particle size distribution, make it ideal for various applications. Moreover, the growing construction and automotive industries, coupled with the increasing demand for plastics, are expected to further propel the market growth.
On the other hand, the high cost of coated ground calcium carbonate, along with the availability of substitutes, is expected to hinder market growth to some extent. Additionally, stringent regulations and policies regarding the mining and processing of calcium carbonate are expected to pose a challenge to market growth. However, the increasing demand from emerging economies and the growing trend of sustainable and eco-friendly products are expected to provide lucrative opportunities for market growth in the coming years.
Based on the product type, the market is segmented into surface-treated and nano calcium carbonate. Among these, surface-treated calcium carbonate is expected to hold the largest market share owing to its widespread application in various end-use industries. Furthermore, based on the application, the paper segment is expected to hold the largest market share due to the increasing demand for coated ground calcium carbonate in paper manufacturing to improve paper quality and reduce production costs.
Geographically, Asia Pacific is expected to hold the largest market share due to the presence of a large number of manufacturing industries in the region, particularly in China and India. North America and Europe are also expected to witness significant growth due to the increasing demand for coated ground calcium carbonate in various applications. Overall, the global coated ground calcium carbonate market is expected to witness significant growth in the coming years due to the increasing demand from various end-use industries and emerging economies.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 8.78 Billion |
Market Forecast in 2031 | USD 11.03 Billion |
CAGR % 2023-2031 | 4.5% |
Base Year | 2022 |
Historic Data | 2019-2021 |
Forecast Period | 2023-2031 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | By Product Type (Ground Calcium Carbonate (GCC), Precipitated Calcium Carbonate (PCC)), By End-use Type (Paper, Plastics, Paints, Rubber, Adhesives & Sealants, Building & Construction) |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Imerys, Minerals Technologies Inc., Omya AG, Huber Engineered Materials, Mississippi Lime Company, Shiraishi Kogyo Kaisha, Ltd., Okutama Kogyo Co., Ltd., and Newpark Resources, Inc. |
Impact of COVID
The COVID-19 pandemic has had a mixed impact on the coated ground calcium carbonate market. On one hand, the market has been affected negatively due to the disruptions in the global supply chain, reduction in demand from end-use industries such as paper, plastics, and paints & coatings, and government-imposed restrictions on the movement of goods and people.
On the other hand, the market has witnessed an increased demand from the healthcare sector for the production of medical gloves, masks, and other personal protective equipment (PPE) during the pandemic. Additionally, the growing demand for hygiene and sanitization products has led to an increased demand for coated ground calcium carbonate in the production of disinfectants and cleaning agents.
Overall, the coated ground calcium carbonate market is expected to witness a moderate impact from the pandemic, with a gradual recovery as the global economy and end-use industries start to stabilize.
Product Type Insights
Ground Calcium Carbonate (GCC): GCC is obtained through mechanical grinding of raw material such as limestone, marble or chalk. It is widely used in various applications such as paints, plastics, adhesives, and sealants, among others. The demand for GCC is expected to increase due to its low cost compared to PCC.
Precipitated Calcium Carbonate (PCC): PCC is produced through chemical precipitation, where calcium hydroxide reacts with carbon dioxide in water. It has a smaller particle size and higher brightness than GCC, making it suitable for applications such as paper, food, pharmaceuticals, and cosmetics. PCC is also used in the manufacturing of toothpaste and antacids. The demand for PCC is expected to increase due to its high brightness and purity, which makes it suitable for various end-use applications.
End-use Insights
In the paper industry, coated ground calcium carbonate is used as a filler and coating pigment in paper manufacturing processes. The plastics industry uses coated GCC to improve the properties of plastic products such as strength, durability, and surface finish. In the paints industry, it is used as an extender pigment to increase the volume of paint and to provide a smooth surface. In the rubber industry, it is used as a reinforcing filler and as an additive in adhesives and sealants to improve bonding and viscosity. Finally, in the building and construction industry, coated GCC is used in the production of cement and concrete, as well as in insulation materials and roofing products.
Regional Insights
North America is expected to hold a significant share of the market due to the presence of major end-use industries such as paper, plastics, and paints in the region. The increasing demand for coated ground calcium carbonate in the automotive and construction sectors is also expected to drive market growth in North America.
Europe is also expected to witness significant growth in the coated ground calcium carbonate market due to the increasing demand for paper and plastics in the region. The stringent regulations imposed by the European Union on the use of plastics in various industries are expected to boost the demand for coated ground calcium carbonate in the region.
The Asia Pacific is expected to dominate the coated ground calcium carbonate market during the forecast period due to the rapid growth of the construction and automotive industries in the region. The increasing demand for paper and plastics from emerging economies such as China and India is also expected to drive market growth in the region.
The Middle East & Africa and Latin America are also expected to witness significant growth in the coated ground calcium carbonate market due to the increasing demand from the construction and automotive industries in these regions. The increasing investments in infrastructure development projects in these regions are also expected to drive market growth.
Competitive Analysis
Some of the major companies operating within the market are Imerys, Minerals Technologies Inc., Omya AG, Huber Engineered Materials, Mississippi Lime Company, Shiraishi Kogyo Kaisha, Ltd., Okutama Kogyo Co., Ltd., and Newpark Resources, Inc. These players are focusing on product innovation, expansion, and partnerships to strengthen their market position and meet the growing demand for Coated Ground Calcium Carbonate globally.
By Product Type
· Ground Calcium Carbonate (GCC)
· Precipitated Calcium Carbonate (PCC)
By End-use Type
· Paper
· Plastics
· Paints
· Rubber
· Adhesives & Sealants
· Building & Construction
· Others
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§ Company Share Analysis by Application/End Use
§ Company Share Analysis by Product/Specification
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