South America Calcium Carbonate Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and Precipitated Calcium Carbonate) and Application

Ground Calcium Carbonate (GCC) Segment Dominated the SAM Calcium Carbonate Market in 2021-2028.

According to a new market research study on “SAM Calcium Carbonate Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Application,” is expected to reach US$ 1,907.81 million by 2028 from US$ 1,527.70 million in 2021. The market is estimated to grow at a CAGR of 3.2% from 2021 to 2028. The report provides trends prevailing in the SAM calcium carbonate market along with the drivers and restraints pertaining to the market growth.Escalating demand from the paper industry and burgeoning requirement on the back of thriving paints and coatings industry are the major factor driving the growth of the SAM calcium carbonate market. However, high cost related to various operational activities hinders the growth of SAM calcium carbonate market.

In case of COVID-19, SAM is highly affected, especially Brazil, followed by Ecuador, Chile, Peru, and Argentina. Governments of these countries have taken several actions to protect their citizens and contain COVID-19 spread. Nevertheless, they are experiencing lower export revenues, both from the drop in commodity prices and reduction in export volumes, primarily due to limited trades in China, Europe, and the US. In addition, containment measures in several South and Central American countries have hampered the performance of the chemicals & materials industry and has led to the suspension of infrastructure and construction activities. The slowdown of raw material production; instability in supply chains; deceleration of trade movements; decrease in construction, automobile, and paint and coatings demand are the key conditions that are hammering the SAM calcium carbonate market amid the COVID-19 pandemic. The demand for calcium carbonate is most closely linked with various industries such as paper, automotive, plastics, and building and construction, which are facing business uncertainties. Decrease in paper consumption from educational institutes, corporate offices, and newspaper and printing industry has hindered the paper industry growth which has directly impacted the SAM calcium carbonate market.

The SAM calcium carbonate market is segmented into the type, application, and country. Based on type, the SAM calcium carbonate market is categorized into ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). In 2020, the ground calcium carbonate (GCC) segment is dominating the SAM calcium carbonate market attributable to lower price and better availability and precipitated calcium carbonate (PCC) segment is expected to be fastest growing during forecast period. Based on application, the SAM calcium carbonate market is categorized into paper, plastic, paints and coatings, adhesives and sealants, building and construction, and others. In 2020, the paper segment is dominating the SAM calcium carbonate market and others segment is expected to be fastest growing during forecast period.

Imerys S.A. J.M. Huber Corporation, LafargeHolcim, Minerals Technologies Inc. and Omya AG are among the leading companies in the SAM calcium carbonate market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Imerys started supplying Ground Calcium Carbonate (GCC) for the manufacturing of medicals gloves. This initiative was intended to cater to the sudden increase in demand for medical gloves and bring down the cost of manufacturing medical gloves.

The report segments the SAM Calcium Carbonate Market as follows:

SAM Calcium Carbonate Market - By Type

• Ground Calcium Carbonate (GCC)
• Precipitated Calcium Carbonate (PCC)

SAM Calcium Carbonate Market - By Application

• Paper
• Plastic
• Paints and Coatings
• Adhesives and Sealants
• Building and Construction
• Others

SAM Calcium Carbonate Market - By Country

• Brazil
• Argentina
• Rest of SAM

Reasons to buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM calcium carbonate market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the SAM calcium carbonate market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the calcium carbonate market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution