Global Calcite Market Size By Type (Ground Calcium Carbonate and Precipitated Calcium Carbonate), By Application (Paper, Paints & Coatings, Construction, Plastics, Adhesives & Sealants), By Geographic Scope And Forecast

Calcite Market Size And Forecast

Calcite Market size was valued at USD 10.5 Billion in 2020 and is projected to reach USD 16.48 Billion by 2028, growing at a CAGR of 6.0% from 2021 to 2028.

The increasing use of calcite as filler material in a range of various industries such as pulp & paper, paints & coatings, and plastic industries are expected to drive the Global Calcite Market over the forecasted period. The Global Calcite Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Calcite Market Definition

Calcite can be found in the earth’s crust. Limestone which is found in the earth’s crust is made up of 95% calcite. Chalk, marble, and limestone are common forms of calcite. They are available in two forms namely Ground calcium carbonate and precipitated calcium carbonate which is produced by the sedimentation of fossils. Ground calcium carbonate is manufactured from the extraction and processing of calcite ores and the precipitated calcium carbonate is synthetically manufactured through chemical precipitation.

Calcite is a major constituent of sedimentary rocks such as limestone and is deposited in caves to form stalactites and stalagmites. It is transparent to opaque and may occasionally show phosphorescence or fluorescence. Calcite has a defining Mohs hardness of 3, a specific gravity of 2.71, and its luster is vitreous in crystallized varieties.

Global Calcite Market Overview

The increasing use of calcite as filler material in a range of various industries such as pulp & paper, paints & coatings, and plastic industries are expected to drive the Global Calcite Market over the forecasted period. Also, the growth in infrastructural development is likely to drive the demand for paints and coatings where calcite is highly consumed. Also, benefits of calcite such as easy availability and cost-effectiveness are predicted to fuel the market during the predicted years.

<span data-sheets-userformat='{"2"12867,"3"{"1"0},"4"[null,2,16777215],"9"0,"12"0,"15""Calibri","16"12}' data-sheets-value='{"1"2,"2""Global Calcite Market By Type (Ground Calcium Carbonate and Precipitated Calcium Carbonate), By Application (Paper, Paints & Coatings, Construction, Plastics, Adhesives & Sealants, and Others), By Geographic Scope & Forecast\r\n\r\n\r\nAccording to Market Research, the Calcite Market was valued at USD 10.61 Billion in 2020 and is projected to reach USD 15.80 Billion by 2028, growing at a CAGR of 5.1 % from 2021 to 2028.\r\nThe increasing use of calcite as filler material in a range of various industries such as pulp & paper, paints & coatings, and plastic industries are expected to drive the global calcite market over the forecasted period.\r\nGlobal Calcite Market Definition\r\nCalcite can be found in the eart