Market revenue in 2021 | USD 15,866.0 million |
Market revenue in 2030 | USD 27,152.4 million |
Growth rate | 6.2% (CAGR from 2021 to 2030) |
Largest segment | Ground calcium carbonate |
Fastest growing segment | Precipitated Calcium Carbonate |
Historical data covered | 2018 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 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 66.86% in 2021. Horizon Databook has segmented the Asia Pacific calcium carbonate market based on ground calcium carbonate, precipitated calcium carbonate covering the revenue growth of each sub-segment from 2018 to 2030.
The surging construction activities and infrastructure development initiatives by governments of ASEAN countries and India. For instance, in India, in August 2023, Elan Group awarded Leighton India a contract worth INR 1,000 crore (~USD 120.4 million) for developing its Elan the Presidential project, which comprises 728 flats.
Similarly, in India, in August 2023, L&T Construction was awarded multiple contracts worth INR 1,000 crore to INR 2,500 crore (~USD 301.0 million) from the Uttar Pradesh Cricket Association in India to construct cricket stadiums in Varanasi and Kashi. It has also secured an order from the Bangladesh Hi-Tech Park Authority to develop IT parks in the country.
Such projects are expected to result in increasing demand for calcium carbonate market. According to a report by the International Monetary Fund (IMF), the GDP of Asia Pacific declined by 1.5% in 2021 owing to the containment measures and global economic slowdown caused by the COVID-19 pandemic.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific calcium carbonate market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific calcium carbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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