Calcium Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027
Report ID: GMI2782
Calcium Market size is showing decent growth and is set to follow a positive trend in the forecast spell. The product is a chemical element of alkaline earth group found only in combinations and available in powder as well as liquid form. Increase in construction and agricultural activities in Asia Pacific region due to population growth will enhance the calcium market demand in forecast period.
The product possesses self-compacting properties and can be used as anti-strap agent in construction industries. Calcium is essential for crop growth and due to its water solubility feature, it is widely used in agro-chemical industry. Significant growth in food & beverage sector owing to the rise in income level and fastest population growth in developing economies will further boost the calcium market demand in coming years. Calcium chloride is used as a sequestrant and firming agent in canned vegetables it is also used as electrolyte in sports drinks and other beverages
Based on product type calcium market size can be classified into five categories; calcium chloride, calcium carbonate, calcium silicate, calcium propionate and others. The other product includes calcium carbide, calcium fluoride, calcium nitrate etc. Among these calcium chlorides is extensively used in manufacturing industries as it is used as a coagulant in rubber manufacturing, choridizing agent and additive in metallurgy and in paper industry; for deinking of recycled paper, dye production and printing, coagulant and as a refrigeration aid. Improved standard of living, health consciousness and increase in number of working professionals are the key fueling factors for positive demand of canned, sports drinks and bakery products. The calcium propionate is used as a mold inhibitor in the bakery products and as a feed supplement for the cattle.
Calcium market is further segregated on the basis of application, which include food & beverages, agro-chemical industry, pharmaceutical, industrial, cosmetics & personal care, household and others. Calcium chloride is used for increasing the viscosity, buffering and bulking agent in cosmetic & personal care industry. There are numerous compounds of calcium and they can be used as desulfurizing, deoxidizing, reducing and decarbonizing agent for application in industrial sector such as metallurgy, environmental engineering, cutting & welding etc.
Based on region, Asia Pacific constitute the largest share in the calcium market size due to the substantial growth in construction, agricultural and industrial sectors. Chinese government “one belt, one road” economic policy will drive the infrastructure growth in China and other Asian countries. China will add USD 2.1 trillion by 2030 to the global construction output. Compounds of calcium such as calcium hypochlorite and calcium arsenate are used in pesticides. China is the second largest exporter of pesticides and accounted for exports worth USD 3.7 Billion in 2017. China’s GDP for 2017 was USD 12.76 trillion and it has growth rate of 6.9% as compared to 2016. The trends mentioned above will continue to follow and drive the calcium market size subsequently in the forecasted timespan.
The global calcium market is highly fragmented with the presence of large number of players manufacturing different calcium compounds for application in different sectors. Most of the companies are engaging in expansion of the product range and line to enter the niche segment of global calcium market. Some of the prominent players in calcium market are Solvay S.A., Huber Engineered Materials, Tetra technologies, Aditya Birla Chemicals, Gujarat Alkalies and Chemical Limited, Sameer Chemicals, Occidental Chemical Corporation, Mississippi Lime Company, Minerals Technologies, Maruo Calcium, Omya AG, Schaefer Kalk Gmbh, Excaliber Minerals, Imerys, Shiraishi Kogyo Kaisha Ltd, Bee Chems, and others.
For instance, Huber Engineered materials had launched platinum calcium carbonate which is used as a component in building materials. This product has requirement in post-consumer content applications; which means once a material has served its intended use it has been recovered from waste destined for disposal.
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