Calcium Carbonate Market to Reach a Value of US$ 28 Bn by 2027
Global Calcium Carbonate Market: Key Highlights
In terms of value, the global calcium carbonate market is anticipated to expand at a
CAGR of ~6% from 2019 to 2027.
Calcium carbonate is widely used as a filler or pigment in paper, plastic, and paints &
coatings. It is also used as a dietary supplement.
The demand for precipitated as well as ground calcium carbonate in these end-use
industries has been continuously rising. As such, the global calcium carbonate market
is estimated to expand at a steady pace during the forecast period.
Calcium carbonate is used as an inexpensive dietary calcium supplement and antacid.
Other applications of calcium carbonate are the polishing and cleaning of rice, and as
a cleaning component in shoe polish.
According to research conducted by the Washington University in St. Louis,
Missouri, in 2016, the growth of cancerous tumors can be restricted using
nanoparticles of calcium carbonate. Nanoparticles act on the pH of tumors, and
change the pH from acidic to alkaline.
Researchers are striving to determine the compatibility of calcium carbonate
nanoparticles with chemotherapy drugs, and the optimal dose of these particles to
prevent the metastasis of tumors. The usage of calcium carbonate nanoparticles as a
measure against cancer is a new development in the medical field. This is expected to
boost the demand for calcium carbonate in the healthcare industry.
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Regulatory Framework for Mining Calcium Carbonate to Hamper Demand
Rise in human health and environmental concerns due to release of toxins such as
dioxins and dioxin-like polychlorinated biphenyls during calcium carbonate mining is
restricting the growth of the global calcium carbonate market. A large number of
regulatory approvals are required to mine calcium carbonate from its reserves. This