Europe Calcium Carbonate Market
No. of Pages: 98 | Report Code: TIPRE00023510 | Category: Chemicals and Materials
No. of Pages: 98 | Report Code: TIPRE00023510 | Category: Chemicals and Materials
The European pharmaceutical market is worth over 183 million euros, making it the world's second largest, with Germany, France, Italy, the United Kingdom, and Spain as the top five countries. The demand for calcium carbonate is driven by Europe's role as a major manufacturer of pharmaceuticals. Calcium carbonate is a dietary supplement that is taken when the calcium intake in the diet is insufficient. Calcium is required by the body for strong bones, muscles, a healthy neurological system, and a healthy heart. Calcium carbonate is also used as an antacid to treat heartburn, acid reflux, and stomach discomfort. Calcium carbonate is available as a tablet, chewable tablet, capsule, and liquid. Around 1.45 million people work in the European plastics industry, which is made up of 62,000 enterprises. It generates a yearly revenue of more than 350 billion euros. About two-thirds of Europe's plastics demand is concentrated in five countries including Germany (25.4 percent), Italy (14.3 percent), France (9.7%), the United Kingdom (7.6%), and Spain (7.5 percent). Calcium carbonate is in high demand in Europe's plastic sector due to its diverse applications in polypropylene. Calcium carbonate in polypropylene can assist speed up thermoforming processes by allowing the plastic to heat up and cool down more quickly. Calcium carbonate is commonly added to polypropylene composites to enhance stiffness, which is required for high-temperature applications. Calcium carbonate is used in various PVC products, including tubing, wire and cable insulation, latex gloves, trash bags, and rigid products, including extruded pipes, conduits, and window profiles. Growing requirement on the back of thriving paints and coatings industry and rising demand from the paper industry are the major factor driving the growth of the Europe calcium carbonate market.
In case of COVID-19, the UK and Russia are the hardest-hit countries by the pandemic, followed by France, Spain, Italy, and Germany across Europe region. These countries have suffered an economic hit due to the lack of revenue from various industries. Other countries in Europe have implemented drastic measures and travel restrictions, including partial closing of their border. The COVID-19 pandemic has affected the production operations of the plastics industry in Europe. This outbreak has also affected the supply chain of raw materials required for the construction industry to a greater extent, eventually disrupting the overall manufacturing processes and research and development activities and further impacting the calcium carbonate market growth. The plastic and construction industries started to recover in Q3 2020 again with the downward trend of COVID-19 cases in a few of the European countries.
Strategic insights for the Europe Calcium Carbonate provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 10,063.54 Million |
| Market Size by 2028 | US$ 13,559.61 Million |
| Global CAGR (2021 - 2028) | 4.4% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
|
The geographic scope of the Europe Calcium Carbonate refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe calcium carbonate market is expected to grow from US$ 10,063.54 million in 2021 to US$ 13,559.61 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. Surging demand for innovative products is expected to escalate the Europe calcium carbonate market. In recent years, there has been significant research for exploring the methods of synthesizing nano and micro-sized calcium carbonate particles having specific sizes, polymorphs, and morphologies. These non-toxic particles feature high porosity, high surface area to volume ratio, and biocompatibility. The increasingly high demand for nano-calcium-carbonate particles in chemical, biological, and industrial applications is expected to drive the Europe calcium carbonate market growth in the coming years. Various paper-based objects are subject to natural deterioration due to presence of internal and external factors such as presence of humidity as well as exposure to pollutants, light, and high temperatures, etc. This issue can be overcome with the use of nano-calcium carbonate in paper production as it improves deacidification by penetration into the bulk of the paper. Macro-calcium-carbonate finds applications in building the skeletons of hardened cementitious composites to provide strength. Calcium carbonate-reinforced polypropylene is a homopolymer polypropylene resin, and fine calcium carbonate particles are used to reinforce it. The resin is mainly used in electrical components, automotive industry, housewares, and various utility products. Thus, surging demand for innovative products derived from calcium carbonate particles would propel the Europe calcium carbonate market growth in the coming years.
In terms of type, the ground calcium carbonate (GCC) segment accounted for the largest share of the Europe calcium carbonate market in 2020. In terms of application, the paper segment held a larger market share of the Europe calcium carbonate market in 2020.
A few major primary and secondary sources referred to for preparing this report on the Europe calcium carbonate market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Imerys S.A., J.M. Huber Corporation, LafargeHolcim, Minerals Technologies Inc., Omya AG, and SCHAEFER KALK GmbH & Co. KG.
The Europe Calcium Carbonate Market is valued at US$ 10,063.54 Million in 2021, it is projected to reach US$ 13,559.61 Million by 2028.
As per our report Europe Calcium Carbonate Market, the market size is valued at US$ 10,063.54 Million in 2021, projecting it to reach US$ 13,559.61 Million by 2028. This translates to a CAGR of approximately 4.4% during the forecast period.
The Europe Calcium Carbonate Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Calcium Carbonate Market report:
The Europe Calcium Carbonate Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Calcium Carbonate Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Calcium Carbonate Market value chain can benefit from the information contained in a comprehensive market report.
Office No. 1011, First floor, Farena Corporate Park, Magarpatta-Mundhwa road, Pune - 411028, Maharashtra, India
UK+442030260021, US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For Europe Calcium Carbonate Market
