Market revenue in 2021 | USD 198.4 million |
Market revenue in 2030 | USD 370.5 million |
Growth rate | 7.2% (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 64.87% in 2021. Horizon Databook has segmented the South Africa calcium carbonate market based on ground calcium carbonate, precipitated calcium carbonate covering the revenue growth of each sub-segment from 2018 to 2030.
The calcium carbonate market in South Africa is expected to experience growth due to the rise in construction and automotive industries in the region. Calcium carbonate is a key component in the production of adhesives, sealants, paints, coatings, and cement, primarily used in the construction industry.
The growing demand from this industry is expected to stimulate the production of these materials, thereby positively impacting the calcium carbonate market in the forecast period. Additionally, the automotive industry plays an important role in South Africa’s economy, with various incentive programs introduced by the government to promote domestic production and assembly of auto components and vehicles.
The major auto companies such as BMW, Nissan, Renault, Ford, Volkswagen, and Mercedes Benz have their manufacturing plants in South Africa, and the country plans to increase the local assembly of cars by 60% by the end of 2035.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa calcium carbonate market , including forecasts for subscribers. This country databook contains high-level insights into South Africa calcium carbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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