In 2018, the global market for nano calcium carbonate was valued at USD 318.9 million. It is projected to grow 8.9% between 2019 and 2025. The demand for the product is being driven by the plastics industry, which is one of its key growth drivers. It is expected that the steady growth in the plastic industry, especially from the Asia Pacific region, will positively impact the product's demand.
The global plastics industry relies heavily on additives, fillers and reinforcements to improve the product's properties. To improve impact resistance, nano calcium carbonate is used in polymeric materials as a filler. The wide-spread use of nano calcium carbonate is found in urethanes and polysulfides as well as silicones, polypropylene and polysulfides. There has been significant growth in the market due to the emergence of new industrial uses for the product.
It is used extensively as a raw material in the manufacture of cement, adhesives and sealants. The rising demand for nano calcium carbonate is due to the U.S. construction industry's growth.
The U.S. Census Bureau reported that the total construction spending in 2018, both residential and non-residential, was USD 1,293.9 trillion. This is 3.7% more than the previous year. The residential and nonresidential construction spending experienced a 2.6% and 4.4% increase, respectively, compared to 2017.
Consistent growth in construction spending is a major factor driving demand for construction materials such as cement, adhesives and sealants. Over the forecast period, the increasing use of these construction materials will likely have a positive impact on the U.S. nano calcium carbonate market.
The global plastics industry accounted for 34.2% global revenue share in 2018, with plastics applications dominating the market. It is used extensively in PVC and polypropylene products to improve their physical properties. The PVC industry will grow at a rate of almost 3.0% in terms of revenue between 2019 and 2025. This will help to grow the nano calcium carbonate market.
In the rubber industry, nano calcium carbonate is employed in chloroprene rubber, styrene-butadiene rubber (SBR), and acrylonitrile-butadiene rubber. These products can be enhanced with nano calcium carbonate to increase dimensional stability, toughness, stiffness, and reduce production costs. Rubber is used in many applications, including tires, tubes and auto components, wires and cables, belts, shoes, pharmaceuticals, and footwear.
The application of nanoparticles made of calcium carbonate to cement composites in the construction and building industry helps improve their mechanical properties and durability. Nanoparticles can also be used to enhance cement hydration by enhancing its chemical and nucleation properties. Nano calcium carbonate is also used in the formulations of adhesives and sealants. It can be modified in formulations like polysulphide epoxy and MS polymers.
North America was third in revenue in 2018, and it is expected to grow at 8.7% CAGR between 2019-2025. Lightweight components have been in high demand since North American governments established regulations regarding automobile fuel efficiency. As plastics help reduce vehicle weight, this has led to an increase of demand for them.
In 2018, 21.8% of volume was accounted for by Europe. The use of plastics with other composite metals is increasing in Europe's automotive industry. The CBI Ministry of Foreign Affairs estimates that Europe imports plastics in excess of USD 10 billion each year.
Asia Pacific is the biggest consumer of nano calcium carbonate products, accounting for more than half of global market share in 2018. The forecast period will see the fastest growth. The region has seen a rise in middle-class incomes. This has led to an increase in construction output and a growth in the automotive industry. These industries are expected to grow, which will increase the use of nano calcium carbonate.
Mineral Technologies Inc., Imerys and Omya AG are some of the major manufacturers. The market is fragmented and most of the small- and medium-sized producers are located in China. The major players are focused on specific applications.
Other industry vendors include Chu Shin Chemical Co., Ltd, Enping Yueyi Chemistry Industry Co., Ltd, Fujian Sanmu Nano Calcium Carbonate Co., Ltd, Guangdong Qiangda New Materials Technology Co., Ltd, Nanomaterials Technology Co., Ltd., Shanghai Yaohua Nano-Tech Co., Ltd, Hebei Lixin Chemistry Co., Ltd., and Yuncheng Chemical Industrial Co., Ltd.
Attribute |
More Details |
Base year for estimation |
2018 |
Actual estimates/Historic data |
2014 - 2017 |
Forecast period |
2019 - 2025 |
Representation of the market |
Volume in Kilotons, Revenues in USD Millions & CAGR 2019-2025 |
Regional scope |
North America, Europe and Asia Pacific, Central & South America. Middle East & Africa. |
Country coverage |
U.S., Germany, UK, China, India, Brazil |
Report coverage |
Forecast revenue, company share, competitive landscape and growth factors. |
15% off customization scope (equivalent of 5 analyst working days). |
We will customize the report to provide you with specific market information that is not included in the current report. |
This report provides a forecast of revenue growth at both the regional and global levels, as well as an analysis of industry trends in each submarket from 2014 through 2025. Up Market Research has divided the market report on nano calcium carbonate based upon application and location.
Application Outlook (Volume of Kilotons; Revenues, USD Millions, 2014-2025)
Plastics
Rubber
Construction & building
Other
Regional Outlook (Volume of Kilotons; Revenues, USD Million, 2014-2025)
North America
The U.S.
Europe
Germany
UK
Asia Pacific
China
India
Central and South America
Brazil
Middle East & Africa (MEA)
Up Market Research published a new report titled “Nano Calcium Carbonate Market research report which is segmented by Application (Plastics, Building & Construction, Rubber), By Players/Companies Omya AG The market is fragmented in nature and the majority of the small & medium producers are situated in China Major players are focused on catering to the demand from specific applications, Mineral Technologies Inc, Imerys”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Nano Calcium Carbonate Market Research Report |
By Application | Plastics, Building & Construction, Rubber |
By Companies | Omya AG The market is fragmented in nature and the majority of the small & medium producers are situated in China Major players are focused on catering to the demand from specific applications, Mineral Technologies Inc, Imerys |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 237 |
Number of Tables & Figures | 166 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Application (Plastics, Building & Construction, Rubber).
Nano Calcium Carbonate Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Nano Calcium Carbonate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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