Europe Calcium Carbonate Market Drivers and Forecasts by 2028
Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028Europe Calcium Carbonate Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC)) and Application (Paper, Plastic, Paints and Coatings, Adhesives and Sealants, Building and Construction, and Others)
- Report Date : Jul 2021
- Report Code : TIPRE00023510
- Category : Chemicals and Materials
- Status : Published
- Available Report Formats :
- No. of Pages : 98
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.
The UK, Germany, France, Italy, and Russia are major economies in Europe. Growing requirement on the back of thriving paints and coatings industry is expected to fuel the Europe calcium carbonate market growth. Paints and coatings are mainly used in construction projects for protection and decoration. These are also used in interior and exterior house paints, primers, sealers, and varnishes. Construction activities are increasing due to supportive government initiatives. Manufacturers in the paint and coating market are continuously introducing new, high-performance, and environment-friendly products. Calcium carbonate has a special white color that makes it a preferred pigment option in coating applications. It provides improved paint sheen, opacity, and wear resistance, among others. It is appropriate for the uppermost coats due to high gloss retention. Therefore, calcium carbonate is extensively being used in the paint and coating industry. Automotive industry is another segment generating high demand for paint and coating products, thereby fueling the Europe calcium carbonate market growth. Other factor such as growing demand from paper industry is also expected to escalate the Europe calcium carbonate market in coming years.
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.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe calcium carbonate market. The Europe calcium carbonate market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe Calcium Carbonate Market Segmentation
Europe Calcium Carbonate Market – By Type
- Ground Calcium Carbonate (GCC)
- Precipitated Calcium Carbonate (PCC)
Europe Calcium Carbonate Market – By Application
- Paper
- Plastic
- Paints and Coatings
- Adhesives and Sealants
- Building and Construction
- Others
Europe Calcium Carbonate Market, by Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Calcium Carbonate Market -Companies Mentioned
- Imerys S.A.
- J.M. Huber Corporation
- LafargeHolcim
- Minerals Technologies Inc.
- Omya AG
- SCHAEFER KALK GmbH & Co. KG
Europe Calcium Carbonate Report Scope
| 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 |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Imerys S.A.
- J.M. Huber Corporation
- LafargeHolcim
- Minerals Technologies Inc.
- Omya AG
- SCHAEFER KALK GmbH & Co. KG
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