The
global nano calcium carbonate market size is
expected to grow by USD 1.57 billion during 2020-2024, progressing at a CAGR of
about 5% during the forecast period.
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The rising consumption of nano calcium carbonate in paints and coatings
industry is one of the major factors propelling the market growth. However,
factors such as reducing sources of limestone, health hazards associated with
nano calcium carbonate, and rising environmental concerns might hamper the
growth during the forecast period.
Nano calcium carbonate is widely used in the paints and coatings
industry due to various benefits. It is used as an agent to improve the
porosity and opacity of paints, coatings, and inks. It also helps reduce cost
while improving the quality by covering the surface in lithographic, gravure,
silk, screen printing, and flexographic inks. Moreover, other superior
properties such as viscosity, anti-corrosion, weather resistance, low
electrolyte content, and pH stabilizing effect are increasing the consumption
of nano calcium carbonate in the paints and coatings industry. These factors
are expected to fuel the growth of the global nano calcium carbonate market
during the forecast period.
Global Nano Calcium Carbonate Market: Application Landscape
The market witnessed an increased demand for nano calcium carbonates
from the plastics application segment in 2019. This is due to the increasing
use of nano calcium carbonate as a filler and reinforcing agent in the
processing of different plastic grades. With the growing consumption of plastic
products across industries such as consumer electronics, medical equipment, and
food and beverages, the demand for nano calcium carbonate will further increase
during the forecast period.
Global Nano Calcium Carbonate Market: Geographic Landscape
APAC emerged as the largest market for nano calcium carbonate with 54%
market share in 2019. Factors such as the rapid growth of building and
construction activities, increasing government investments, and the rising
adoption of automobiles are increasing the consumption of nano calcium
carbonate in APAC.
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Companies Covered
- Chu Shin Chemical Co. Ltd
- FUJIAN SANMU NANO CALCIUM
CARBONATE CO. LTD.
- Galaxy Corp.
- Imerys SA
- Minerals Technologies Inc.
- Nagase & Co. Ltd.
- Nanoshel LLC
- Omya International AG
- Reinste Nano Ventures Pvt.
Ltd.
- Shanghai YaoHua Nano-Tech
Co. Ltd
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