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North America leads the market due to the increasing demand of industrial-grade PCC in paper and food industries of United States
The North American region, led by the United States and Canada, is a significant market for precipitated calcium carbonate (PCC). The higher adoption of industrial-grade PCC in the paper industry is a key driver of market growth in this region. Additionally, the increasing use of PCC in the food industry, such as in the manufacturing of antacids and calcium supplements, further supports the market's expansion in North America.
Europe is another key market due to the increasing utilisation of PCC in the cosmetics and paint & coating industries. In the cosmetics sector, PCC is used as a functional filler in products like powders, creams, and lotions, providing benefits such as improved texture, oil absorption, and skin feel. Similarly, the European paint and coatings industry extensively incorporates PCC to enhance properties like opacity, gloss, and viscosity control in a wide range of paints and inks. The growing construction activities in the region are further propelling the adoption of PCC.
The Asia Pacific region is anticipated to witness sustainable growth in the precipitated calcium carbonate market share due to the rising demand for PCC in the pharmaceutical industry, particularly in countries like China and India. Precipitated calcium carbonate finds extensive use as an excipient in various drug formulations to meet the increasing healthcare needs of the region's growing population. Additionally, the expanding printing ink and rubber industries in the Asia Pacific are contributing to the increased consumption of industrial-grade PCC, further driving the market's expansion in this region.
Precipitated Calcium Carbonate Market Size
Precipitated Calcium Carbonate Market Share
Precipitated Calcium Carbonate Market Trends
Precipitated Calcium Carbonate Market Growth
Precipitated Calcium Carbonate Market Regional Analysis
Precipitated Calcium Carbonate Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the precipitated calcium carbonate market reached an approximate value of USD 2.08 billion.
The market is expected to grow at a CAGR of 4.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 3.08 billion by 2032.
Key factors driving the growth of the PCC market include its ability to deliver high-quality performance, rising demand from the paper industry, and increased awareness of cost-effective and functional additives.
Key trends aiding market expansion include the growth of pharmaceutical industries, increasing demand for high-quality paper products, and growing use of PCC in plastic composites, paints, and other applications.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Based on grade, the market is divided into food grade, pharmaceutical grade, cosmetic grade, and reagent grade.
Key players in the market are Imerys S.A., Calcinor, S.A., GCCP Resources Limited, Minerals Technologies Inc., Omya AG, Graymont Limited, SCR-Sibelco N.V., Kunal Calcium Limited, Gulshan Polyols Ltd., and Chemical & Mineral Industries Pvt. Ltd., among others.
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