아시아 침전 탄산칼슘 시장 – 2023-2030

Market Overview
Asia precipitated calcium carbonate market reached US$ XX million in 2022 and is expected to record significant growth by reaching up to US$ XX million by 2029, growing at a CAGR of YY% during the forecast period (2023-2030).
Calcium carbonate (CaCO3) is typically present as aragonite and minerals calcite in the rocks and is most profoundly available as limestone. The different shapes allow Precipitated calcium carbonate to be employed as a functional additive in sealants, inks, adhesives, plastics, rubber, and paper, among many other demanding applications.
Market Dynamics
The increasing demand for paper, plastics and rubber products that use precipitated calcium carbonate is expected to boost the market for precipitated calcium carbonate in the forecast period. However, large storage areas or warehouse requirements could be major market restraints.
Increasing demand for paper, plastics and rubber products that use precipitated calcium carbonate
Precipitated calcium carbonate is substantially used in the paper & pulp industry due to its properties like porosity to ensure whiteness and superior opacity level obtained by PPC in combination with other non-synthetic fillers.
The demand for PPC is increasing with the growing manufacturing and industrial sector in Bangladesh, India, Sri Lanka and Nepal. According to World Bank Organization industrial sector in Bangladesh has made a significant contribution to the increasing demand for precipitated calcium carbonate, which grew by 11% annually between 2010 and 2017 due to growth in large and medium-scale manufacturing industries.
Increasing demand for PPC as filler material in the manufacturing industries related to paper & pulp, plastic recycling and rubber products has propelled the demand for this market. The demand for PPC has shown significant growth in the most populated countries, such as India and Bangladesh, due to a surge in paper consumption. According to the Environmental Paper Organization Report, Asia has the highest and fastest growth rates in paper consumption due to the huge population of countries like India and Bangladesh. As per the above-stated Organization, India's per capita consumption level is 9 kg, which requires an additional 60 million tons of paper annually.
Further government support for paper industries in developing countries like India, Bangladesh, Sri Lanka and Nepal has propelled the demand for the PPC market. For instance, the Ministry of Industry in India, in coordination with Khadi and Village Industrial Commission (KVIC), invested around US$ 0.7 million for a six-year project to the Department of Industrial Policy and Promotion to produce high-quality handmade paper and cardboard industry in India. The respective fact propels the demand for paper which ultimately boost the PPC market, which has a huge contribution to the paper & pulp industry.
Large storage areas or warehouse requirement
Precipitated calcium carbonate requires a huge storage area owing to formed by several chemical methods extracted from the ground in the mining industries. The precipitated calcium carbonate requires a safe and clean storage area to ensure uniformity, shape, the right size, surface area and surface chemistry of the material. Hence the cost occurring for safety is high, which hampers the growth of this market.
It requires machines, racks and equipment for storage per production and inventory management. As the manufacturers take minimum order quantity above five metric tons, it requires large storage to handle such orders. For example, manufacturers must produce around 5 to 10 tons of precipitated calcium carbonate; hence, it requires around 2000 tons to 5000 tons of capacity to handle bulk orders. Hence, managing such inventory and orders requires a huge storage area to satisfy monthly orders. Further, the precipitated calcium carbonate comes in powder form and can be subjected to certain environmental impacts. So it needs to pack immediately after production to avoid contamination. It requires huge machinery to ensure safety standards. These factors hamper the growth of this market.
COVID-19 Impact Analysis
The precipitated calcium carbonate market witnessed a slightly negative impact on this market due to COVID-19, as several countries were in lockdown. As the precipitated calcium carbonate is most commonly used in building & construction, rubber and plastic industries, adhesive & sealants and the paint & coating industry as filler material to enhance mechanical properties.
Demand for the precipitated calcium suddenly dropped during the COVID-19 pandemic as several countries' manufacturing plants; construction sites were closed. During the COVID-19 pandemic, a sufficient inventory supply is available in the manufacturer’s warehouse. Thus, the PPC supply was sufficient until the end of July 2020. Stock is being over as of August 2020. The manufacturer started to produce precipitated calcium carbonate to combat the sudden increase in demand at the beginning of September 2020. Also, precipitated calcium carbonate is not essential good nor a utility product; hence the demand-supply spectrum has fallen drastically during the COVID-19 pandemic, except the PPC used for pharmaceutical purpose remain constant. Precipitated calcium carbonate has not created any market imbalance, as the product is not essential during the COVID-19 pandemic.
During the COVID-19 pandemic, the government has supported the construction sector by providing financial funding, but it does not affect the precipitated calcium carbonate market. The aforementioned fact is due to several factors, including precipitated calcium carbonate is not a utility product. It is preferred by only construction, plastic & rubber and paint industries which have not come under essential service. However, paper comes under utility, but the demand declined during the pandemic; hence, there is no positive impact on the market. The government focused on providing essential healthcare and other emergency services; hence, no initiative has been taken by any country.
The demand for precipitated calcium increased at a decent rate in 2020 and 2021 and a good growth boost will be achieved in 2023.
Segment Analysis
Asia precipitated calcium carbonate market is classified based on type, shape, function, application and country.
Heavy application of PPC in plastic recycling and production plants and increasing demand for plastic in Asia boosts the plastic segment in the Asia Precipitated calcium carbonate market
Precipitated calcium carbonate in the plastic segment is used as filler material to improve the plastic products' rheology and mechanical properties. The plastic produced by PPC as filler material possesses high impact resistance, high tensile strength, flexural modulus, young's modulus and thermal properties. Thus it is widely used in plastic recycling and production plant in Asia. According to the FICCI, per capita consumption of plastic products in India is around 9 Kg. The respective fact propels the PPC market growth used for plastic production. According to the Plastic Organization in India, plastic polymer production in India was around 18,000 million tons in 2019 due to the rising disposable incomes and rapid urbanization of the mass people in these countries.
Further, PPC is widely used for manufacturing plastic products, including PVC pipes, PVC foams, PVC & CPVC extrusion products and cables, among others used for residential, industrial, instructional and commercial purposes. Further growing plastic production in developing regions such as India, Bangladesh, Sri Lanka and Nepal propelled this segmental growth. Also, rising purchasing power and consumers’ for utilizing premium products have been accelerating the growth of the plastic industry in India and Bangladesh. Further, the demand for PVC pipes is high in India, followed by Bangladesh, Sri Lanka and Nepal. There is fair growth in the real estate and construction sector in India and Bangladesh and backed by the inflow of remittances, the per capita consumption of paint is expected to increase for the PPC market in the coming years.
Geographical Analysis
The high demand for PPC from Nepal’s packaging, paper and automotive industries allows Nepal to grow at one of the fastest paces in Asia precipitated calcium carbonate market
Nepal is one of the leading importers of precipitated calcium carbonate. Mainly it imports PPC from China, India and South Korea (in small quantities). There are high-quality small calcium carbonate cement mills in Kathmandu that process these PPC for further use. The plastic industry in Nepal is also growing at a fast pace. The country is witnessing a high demand for plastics for various applications in packaging, automotive and other industrial uses. The increasing use of plastics in these industries for multiple purposes, such as reducing weight in automotive parts and as an insulator in electronic products, along with decreasing costs in packaging and construction, is driving the demand for precipitated calcium carbonate in the country. Furthermore, the economic growth witnessed in Nepal has increased the use of paper packaging. The majority of imported PPC is consumed to manufacture paper and packaging material has led to an increase in the demand for corrugated packaging solutions.
Paper packaging is also used in food, healthcare, education & stationery and personal care industries. All these factors are increasing the demand for PPC in Nepal. The consumption of precipitated calcium carbonate is anticipated to augment owing to increasing demand from Nepal's paints & coatings industry. The growing demand for paint & coatings resulted in high competitive rivalry, which has facilitated the market in the country. Also, the increasing construction activities in the metropolitan city of Pokhara, a tourist destination and Birgunj, the international border town and the capital of Kathmandu, propelled the consumption of precipitated calcium carbonate (PPC). PPC is a versatile additive for use in a wide range of elastomeric applications. It is widely used in high-value rubber products. The growing rubber industry in Nepal is one of the main reasons for the market's growth in the forecast period.
Competitive Landscape
Asia precipitated calcium carbonate market is huge. It is becoming increasingly competitive due to major players such as Mineral Technology Inc, Omya AG, Imerys, Graymont Limited, Gulshan Polyols Ltd, Shree Narayan Enterprise, Indocal, Chemical & Mineral Industries Pvt. Ltd., Laxmi Mineral & Chemicals, Kunal Calcium Limited. The market is fragmented and market players employ market tactics such as mergers, acquisitions, product launches, contributions and collaborations to gain a competitive advantage and recognition.
Omya AG
Overview: Omya AG manufactures industrial minerals derived from calcium carbonate, dolomite, perlite, and specialty chemicals. The company provides solutions in multiple industries, such as construction, printing & writing, technical polymers, packaging, food, personal & home care, pharmaceuticals, agriculture and forestry, water and energy. Established in 1884 in Switzerland, Omya AG has a global presence extending to over 175 locations in over 50 countries with 8,000 employees. Omya AG is developing and expanding its expertise in all business sectors with more than one hundred scientists, engineers and technicians working in applied technology, developing new products
Product Portfolio:
• Hakuenka CC – R: Hakuenka CC – R is a precipitated fatty acid-coated calcium carbonate coated to improve the dispersion in organic binders. The product is employed to control and modify the rheology of polyurethane, silicone, hybrid polymers, polysulfide and butyl-based adhesives and sealants in PVC or acrylic plastisols.
Key Development:
• On February 5, 2020, Omya AG formed a joint venture with Idwala Industrial Holdings Ltd. in South Africa as ‘Omya Idwala SA,’ offering a one–stop–shop experience for their customers and principals. The joint venture provides the company access to high quality and broad portfolio of Calcium Carbonate and Specialty Chemical products.
Why Purchase the Report?
• To visualize Asia precipitated calcium carbonate market segmentation based on type, shape, function, application and country, as well as understand key commercial assets and players.
• Identify commercial opportunities in Asia precipitated calcium carbonate market by analyzing trends and co-development.
• Excel data sheet with numerous precipitated calcium carbonate market-level data points with four segments.
• PDF report consisting of cogently put together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping available as excel consisting of key products of all the major market players
Asia precipitated calcium carbonate market report would provide approximately 45 tables, 45 figures and almost 165 pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies