Market revenue in 2021 | USD 830.3 million |
Market revenue in 2030 | USD 1,567.3 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 |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 64.68% in 2021. Horizon Databook has segmented the Middle East & Africa 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 IMF, the GDP of the Middle East is projected to witness growth at a rate of 4% in 2023. Factors such as the vaccine rollout, improvement in oil pricing, and government initiatives with respect to economic stimulus are responsible for boosting GDP growth.
The COVID-19 economic stimulus is further anticipated to have a major role in attracting FDIs in the construction sector. The African Development Bank Group forecasted a 3.4% growth in the African economy in 2021.
Growth in infrastructure, mining, and oil & gas is promoting the growth of the African region. Calcium carbonate is used in building materials such as cement, sealants, and adhesives. The growth of the region’s construction sector is anticipated to boost the demand for calcium carbonate in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa calcium carbonate market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa calcium carbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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