North 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 to Dominate North America Calcium Carbonate Market during 2021-2028.

According to a new market research study on “North America Calcium Carbonate Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Application,” is expected to reach US$ 18,289.71 million by 2028 from US$ 13,332.01 million in 2021. The market is estimated to grow at a CAGR of 4.6% from 2021 to 2028. The report provides trends prevailing in the North America calcium carbonate market along with the drivers and restraints pertaining to the market growth. Growing demand from the paper industry and rising requirement on the back of thriving paints and coatings industry are the major factor driving the growth of the North America calcium carbonate market. However, high cost of operational activities hinders the growth of North America calcium carbonate market.

In case of COVID-19, North America is highly affected specially the US which has reported the highest number of COVID-19 cases among all key countries in North America. The pandemic situation is likely to impact the overall chemicals & materials industry in the region. The paints and coatings, and adhesives and sealants industries are finding it challenging to continue their operations amid the COIVID-19 crisis, affecting both the architectural and industrial sectors in the North America. Further, the rise in COVID-19 cases, various conferences have been postponed or cancelled. Cancellations of technological events have impacted the growth of the calcium carbonate market indirectly as they contribute to the prosperity of industries by providing a platform to share information related to the latest technologies, product innovations, and trends in relevant markets, further assisting companies in realigning their strategies. The calcium carbonate market in North America is expected to recover with industrial, building, and construction activities getting back to normal gradually in 2021.

The North America calcium carbonate market is segmented into the type, application, and country. Based on type, the North America 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 North America 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 North America 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 North America calcium carbonate market and others segment is expected to be fastest growing during forecast period.

Cerne Calcium Company, Imerys S.A. J.M. Huber Corporation, LafargeHolcim, Minerals Technologies Inc. Mississippi Lime Company, and Omya AG are among the leading companies in the North America 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 2021, Huber Engineered Materials (HEM) through its subsidiary, J.M. Huber Micropowders Inc. acquired the Nutri Granulations business assets of IMCD US, LLC in La Mirada, California. Nutri Granulations produces granular calcium carbonate and blends consisting of granulated calcium carbonate and vitamins, which are used in the manufacturing of dietary supplements and food.

The report segments the North America Calcium Carbonate Market as follows:

North America Calcium Carbonate Market - By Type

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

North America Calcium Carbonate Market - By Application

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

North America Calcium Carbonate Market - By Country

• US
• Canada
• Mexico

Reasons to buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America 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 North America 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 North America 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