Market revenue in 2021 | USD 528.0 million |
Market revenue in 2030 | USD 1,001.2 million |
Growth rate | 7.4% (CAGR from 2021 to 2030) |
Largest segment | Ground calcium carbonate |
Fastest growing segment | Precipitated Calcium Carbonate |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Ground Calcium Carbonate, Precipitated Calcium Carbonate |
Key market players worldwide | Carmila SAS, Glacier Bancorp Inc, International Lithium Corp, Imerys, Minerals Technologies Inc, Omega Therapeutics Inc, United States Lime & Minerals Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to calcium carbonate market will help companies and investors design strategic landscapes.
Ground calcium carbonate was the largest segment with a revenue share of 68.33% in 2021. Horizon Databook has segmented the Argentina calcium carbonate market based on ground calcium carbonate, precipitated calcium carbonate covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is one of the largest economies in Central & South America. The country was already in economic turmoil before the pandemic. According to the IMF, the economy contracted by 2.2% in 2019. As per the OECD estimates, Argentina is expected to grow at the rate of 3.7% in 2022, while the country reported a contraction of 9.9% in GDP in 2020 due to the COVID-19 pandemic, as per the World Bank estimates.
Economic aid and stand-by loans from the IMF and the restructuring of debts are likely to improve the economic profile of the country in the coming years. Ongoing structural reforms in Argentina are expected to positively impact construction, petrochemical, and other sectors over the forecast period.
The robust presence of oil & gas reserves in Argentina is also expected to have a positive impact on the market. The high potential of oil & gas in the Vaca Muerta field of Argentina is expected to augment the demand for new oil & gas refineries.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina calcium carbonate market , including forecasts for subscribers. This country databook contains high-level insights into Argentina calcium carbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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