North America Calcium Carbonate Market Size

North America Calcium Carbonate Market Size

North America Calcium Carbonate Market size was over USD 9.5 billion in 2020 and is estimated to grow at over 7.5% CAGR from 2021 to 2027 owing to increasing construction and remodeling projects in the region. Additionally, acceptance of wooden architects among consumers are increasing the demand for calcium carbonate in the paints & surface coatings market.

The growing demand for commercial glass making is due to the increasing demand for bottles and jars in food & beverage industries driving the demand for calcium carbonate. Calcium carbonates play a vital role in glassmaking and used as a stabilizer, improving the mechanical properties as well as the physical appearance of glass. It also increases the hardness and chemical durability of the final glass product.

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The global spread of COVID-19 has impacted each and every industry in the past few months. The global lockdown in major cities, ports, and temporary shutdown of manufacturing units, which is likely to impact the prices and supply for calcium carbonate and its raw materials for short and medium terms. However, the demand for calcium carbonate was impacted differently during the COVID-19 spread in multiple application.

The demand for range of dietary supplements and pharmaceutical products has increased owing to a rise in consumer health concerns during the pandemic. The demand for healthy food and dietary products witnessed a drastic spike during the initial phase of the pandemic, which support the growth for North America calcium carbonate market.
 

The paper industry has been majorly affected owing to growing digitalization and electronic publishing in the North America. Also, people in the region are looking for environmental-friendly options and supporting digitalization in every sectors. Therefore, the North America paper industry has declined over the past five years due to increasing shift towards paperless communication. As a result, decrease in the demand for paper in the upcoming years and affected the demand for calcium carbonate from the paper industry.