China Calcium Carbonate Market Size & Outlook, 2021-2030
China calcium carbonate market, 2018-2030 (US$M)
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China calcium carbonate market highlights
- The China calcium carbonate market generated a revenue of USD 9,801.9 million in 2021 and is expected to reach USD 16,444.0 million by 2030.
- The China market is expected to grow at a CAGR of 5.9% from 2022 to 2030.
- In terms of segment, ground calcium carbonate was the largest revenue generating type in 2021.
- Precipitated Calcium Carbonate is the most lucrative type segment registering the fastest growth during the forecast period.
Calcium carbonate market data book summary
| Market revenue in 2021 | USD 9,801.9 million |
| Market revenue in 2030 | USD 16,444.0 million |
| Growth rate | 5.9% (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 |
Other key industry trends
- In terms of revenue, China accounted for 23.3% of the global calcium carbonate market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China calcium carbonate market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,298.2 million by 2030.
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Calcium Carbonate Market Scope
Calcium Carbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China calcium carbonate market outlook
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 68.79% in 2021. Horizon Databook has segmented the China calcium carbonate market based on ground calcium carbonate, precipitated calcium carbonate covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Bank, the GDP of China stood at USD 17.73 trillion in 2022. The major industries contributing to the economic growth of the country include healthcare, manufacturing, mining, energy, and agriculture. According to the World Bank, the GDP growth of China contracted to 2.3% in 2020.
In December 2022, the Government of China rolled back most restrictions imposed as a part of its ZeroCOVID policy, such as movement within the provinces and lockdowns. Economic stimulus was also announced to support China's construction and real estate sectors, which are yet to recover from the impact of the Evergrande debt crisis.
In addition, the devaluation of the Chinese yuan, mainly owing to this real estate crisis, which consequently led to an economic downturn threat in 2023, also resulted in a slowdown in new construction activities. This situation is anticipated to have a bearing on the economy of China, thereby having a short- to medium-term impact on the growth of the calcium carbonate market in the country in the coming years.
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Our clientele includes a mix of calcium carbonate market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China calcium carbonate market , including forecasts for subscribers. This country databook contains high-level insights into China calcium carbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China calcium carbonate market size, by type, 2018-2030 (US$M)
China Calcium Carbonate Market Outlook Share, 2021 & 2030 (US$M)
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