Surge in Demand form the APAC Region Spurring Growth Prospects in the Global Calcium Carbonate Market: Technavio Report

Renewable energy

 

London, 09 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Calcium Carbonate Market 2014-2018, which is expected to grow at a CAGR of 7.54 percent during 2013-2018.

The rise in the production of paper has resulted in the construction of new paper mills, which has opened up huge opportunities for the Global Calcium Carbonate market. With the increase in volume of minerals loading in paper to reduce the usage of pulp, the demand for both precipitated calcium carbonate and ground calcium carbonate is expected to during the forecast period.

“Growth in the Construction industry in countries such as China and India is likely to increase the demand for calcium carbonate during the forecast period,” says Faisal Ghaus, Vice President of TechNavio.

Key Market Drivers

  • Increase in Demand from Paper Industry
  • High Demand from APAC Region
  • Growth in Plastic Industry
  • Recovering Construction Market in Europe and North America

Key Market Trends

  • Increase in Usage of Calcium Carbonate in Paper and Pulp Industry
  • Shift in Focus to Alkaline-based Production Process
  • Growth in Emerging Economies

Key Market Vendors

  • Imerys S.A.
  • Okutama Kogyo Co., Ltd
  • Omya
  • Schaefer Kalk
  • Solvay

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…