According to TechSci Research report, “India Calcium Carbonate Market– By Region, Competition, Forecast and Opportunities, 2019-2029”, the India Calcium Carbonate Market stood at USD 244.31 thousand tonnes in 2023 and is anticipated to grow with a CAGR of 2.95% in the forecast period, 2024-2029. Initiatives taken by government based on Calcium Carbonate has led to favorable market conditions for the India Calcium Carbonate Market. Several factors contribute to the growth of various Calcium Carbonate products. The Indian government, recognizing the immense potential of the calcium carbonate industry, has been actively working to attract foreign direct investments (FDIs) into the country. By offering attractive incentives and fostering a conducive business environment, the government aims to entice international companies to set up their operations in India. This not only injects capital into the economy but also facilitates the transfer of advanced technologies and best practices, thereby propelling the growth of the calcium carbonate market in India to new heights. Furthermore, in line with its commitment to combat climate change, the Indian government has taken a proactive step by drafting a comprehensive roadmap for carbon capture utilization and storage (CCUS) to be achieved by 2030. This ambitious initiative presents a significant opportunity for the calcium carbonate market as this versatile compound can be effectively utilized for carbon capture purposes. With the potential to contribute to greenhouse gas reduction efforts, this initiative is expected to create a ripple effect, driving further demand for calcium carbonate and opening up new avenues for growth and innovation in the industry.
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Calcium carbonate, a vital component in the paper industry, plays a pivotal role in enhancing the quality of paper. It serves as a versatile filler material during the papermaking process, effectively improving the brightness, opacity, and overall appearance of the end product. By imparting a smoother surface to the paper, it enhances printability, resulting in sharp and vibrant printed materials.
Furthermore, the use of calcium carbonate in paper production not only enhances paper quality but also contributes to the sustainability of the industry. By reducing the reliance on tree pulp, it promotes an eco-friendlier and resource-efficient approach. This eco-conscious production process aligns with the growing global focus on environmental sustainability. The demand for high-quality paper has been steadily increasing, particularly in sectors such as packaging and print media. These industries are driven by the need for brighter, thicker, and smoother paper to meet the evolving requirements of their customers. As a result, the consumption of calcium carbonate has correspondingly surged. The packaging industry, in particular, favors paper packaging due to its lightweight nature, recyclability, and the added benefits provided by calcium carbonate. This versatile mineral can enhance the visual appeal and durability of paper packaging, making it an excellent choice for product packaging and branding. Similarly, the print media sector seeks paper with high brightness and smoothness to achieve optimal printing results, ensuring that graphics and text appear sharp and vibrant. In summary, calcium carbonate’s presence in the paper industry is indispensable. Its multifaceted contributions, ranging from improving paper quality to promoting eco-friendliness, make it an essential ingredient that meets the growing demands of various sectors for high-quality paper products.
The India Calcium Carbonate Market is segmented into type, end user, regional distribution, and company.
Based on its type, the Precipitated Calcium Carbonate segment held the largest market share in the forecast period. It is a novel lime-derived substance with numerous industrial applications. It is produced by hydrating high-calcium quicklime and reacting the resultant slurry with carbon dioxide. The resulting chemical reaction transforms the lime into a bright white powder with a homogeneous narrow particle size dispersion. PCC, or Precipitated Calcium Carbonate, is available in various crystal morphologies and sizes that can be precisely adjusted to enhance performance in a wide range of applications. Its versatility makes it a sought-after ingredient in industries such as food and beverages, pharmaceuticals, rubbers, PVC/plastics, paints, adhesives and sealants, and thermal and electrical insulators. One of the key advantages of PCC is its role as a substitute for additives and wood pulp in the manufacturing of high-quality paperboard and paper. Not only does it impart desirable properties to the end product, but it also proves to be a cost-effective mineral, making it a popular choice in the paper industry. With its unique characteristics and diverse applications, PCC continues to be a valuable component in various industrial processes, contributing to the development of innovative and sustainable solutions. Based on region, West India segment is expected to grow during the forecast period.
The presence of well-established manufacturing facilities for calcium carbonate and its related products in a specific region can significantly contribute to its dominance in the market. These facilities, equipped with state-of-the-art technology and advanced production processes, are able to efficiently manufacture and deliver high-quality calcium carbonate products to meet the increasing demand. Additionally, the region’s robust supply chain logistics ensure seamless transportation and timely delivery, further enhancing its competitive edge in the industry.
Major companies operating in India Calcium Carbonate Market are:
- Aranthangi Chemicals Pvt. Ltd. (ACPL)
- Calchem Industries, Ltd.
- Chemical & Mineral Industries Pvt. Ltd.
- Indo Chemicals Pvt. Ltd.
- Tata Chemicals Limited
- Mountain Minerals and Microns, Ltd.
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“Growing application of Calcium Carbonate in various end user industries are key drivers of the Calcium Carbonate market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of Calcium Carbonate with every passing year are anticipated to register an impressive growth to India Calcium Carbonate Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“India Calcium Carbonate Market By Type (Ground Calcium Carbonate, Precipitated Calcium Carbonate), By End User (Paper, Adhesives & Sealants, Plastics, Paints & Coatings, Construction, Others), By Region, By Competition Forecast & Opportunities, 2019-2029”, has evaluated the future growth potential of India Calcium Carbonate Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Calcium Carbonate Market.
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