Latin America Calcium Carbonate Market Size & Outlook
Latin America calcium carbonate market, 2018-2030 (US$M)
Related Markets
Latin America calcium carbonate market highlights
- The Latin America calcium carbonate market generated a revenue of USD 2,593.0 million in 2021.
- The market is expected to grow at a CAGR of 7.3% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 2,593.0 million |
| Market revenue in 2030 | USD 4,873.4 million |
| Growth rate | 7.3% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global calcium carbonate market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 17,565.0 million by 2030.
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Calcium Carbonate Market Scope
Calcium Carbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 68.84% in 2021. Horizon Databook has segmented the Latin America 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 IMF, the GDP of South America was estimated at USD 3.60 trillion and is predicted to reach approximately USD 4.39 trillion in 2023. After a three-year contraction, the South American economy is expected to bounce back, following the recovery in private consumption in 2017.
The business activity is predicted to rise and become the main driver of the economy. The recovery of the South American economy is expected to result in the growth of construction industry in the region. Construction industry has always had a strong presence in Central & South America region owing to rapidly growing manufacturing industries and fast-paced industrialization in countries like Brazil and Argentina.
The construction industry took hike since FIFA World Cup 2014, wherein Brazil was the host, which boosted the overall market demand of adhesives and sealants market. Rising penetration of calcium carbonate in construction coupled with growing number of construction companies in Chile and Peru is expected to create growth potential for calcium carbonate in the region over the forecast period.
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Our clientele includes a mix of calcium carbonate market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America calcium carbonate market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America calcium carbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America calcium carbonate market size, by country, 2018-2030 (US$M)
Latin America Calcium Carbonate Market Outlook Share, 2021 & 2030 (US$M)
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