Calcium Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027
Report ID: GMI2782
Global calcium market is expected to amass considerable gains over 2021-2027, given the extensive usage of calcium carbonate in manufacturing construction materials such as cement and marble. Moreover, the rapid adoption of calcium supplements in industries like pharmaceuticals to safeguard consumers against cancer and other serious health conditions will also amplify the industry demand. Calcium refers to a metallic chemical element that occurs naturally in combination with other compounds, and is essential to the cellular functions of organisms. This mineral is crucial for healthy bones and is capable of ensuring normal blood clotting, heart action, and muscle contraction.
Escalating risks of waterborne diseases and the subsequent increase in need for calcium hypochlorite for water treatment are among the key trends stimulating the calcium market outlook. According to the CDC’s report, nearly 7.2 million Americans suffer from diseases spread through water every year. This has led to a growing need for effective treatment of water, creating strong growth prospects for the calcium industry, given the ability of compounds like calcium hypochlorite to eliminate 99.9% of waterborne germs.
On the basis of product, the global calcium market from the calcium silicate segment is likely to register substantial revenue by 2027. This is attributable to the shifting preference from Asbestos to calcium silicate as a safe alternative for high-temperature insulation applications. Apart from is extensive use in the thermal insulation industry, this chemical element has been gaining widespread adoption in masonry activities, owing to its fire resistance, load-bearing capacity, and sound insulation properties.
The Europe calcium industry is set to depict a strong growth rate through 2027, driven by the rising production of environment-friendly packaging solutions by regional manufacturers. Switzerland-based Omya, for example, unveiled an extended portfolio of bio-based barrier coatings for food packaging, based on calcium carbonate as well as acrylic co-polymers, with the acquisition of Solar Inks. High reliance of European markets, including food, medical, building and construction, and consumer electronics, on chemicals is also projected to augment the consumption of the element over the estimated timeline.
The competitive landscape of the calcium market comprises companies such as Bee Chems, Shiraishi Kogyo Kaisha, Ltd., Imerys (Belgian Securities), Excalibar Minerals, Schaefer Kalk GmbH, Omya AG, Maruo Calcium, Minerals Technologies, Mississippi Lime Company, Occidental Chemical Corporation, Sameer Chemicals, Gujarat Alkalies and Chemical Limited, Aditya Birla Chemicals (Grasim Industries), Tetra Technologies, Huber Engineered Materials (J.M. Huber Corporation), and Solvay S.A., among others. Strategic mergers and acquisitions are the key initiatives being taken by these industry players to expand their presence in the global market.
For example, in March 2021, Huber Engineered Materials entered an agreement to acquire IMCD N.V.’s Nutri Granulations manufacturing asset and business. This initiative was taken with an aim to grow the nutrition portion of HEM’s Ground Calcium Carbonate business and invest in fast-growing strategic markets. In September 2020, Mississippi Lime Company acquired the rail and terminal assets in Edwardsville, Kansas. This acquisition deal was aimed at strengthening its commitment to offering calcium-based products and serving construction projects, electric utilities, and other industries in the region.
Reduced Production of Disposable Wipes and Tissues During COVID-19 May Impact Calcium Market Dynamics:
The ongoing coronavirus pandemic created significant supply chain challenges for numerous industries, including raw materials such as pulp and paper. This, coupled with the considerable decline in industrial and commercial demand for paper products could create a hindrance to the calcium industry forecast, given the prominent role of the mineral in paper production. Despite this significant derailment, the rise of online shopping, along with meal kits and grocery delivery, due to lockdown measures have provided a major boost to the adoption of cardboard boxes. This may assert a positive influence on the pulp and paper sector and escalate the use of calcium carbonate as a filler material over the coming years, thereby triggering industry recovery.
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