Calcium Market Report

Calcium Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2016 To 2024

Format: PDF  |  Report ID: GVR2398

The global calcium market is anticipated to witness sizeable growth over the forecast period owing to its applications ranging from production of alloys and metals to cement, mortar and glass. The industry comprises Calcium Chloride, Propionate, Silicate, and Carbonate. Calcium Chloride market is expected to grow at a CAGR of more than 5% while Calcium Carbonate is estimated to witness a growth of above 6% over the next seven years. Calcium Propionate may grow at a CAGR of over 6% over the next few years.

Development of the industrial sector is anticipated to increase demand for building construction which is also expected to drive the overall growth over the next few years. Further, rising demand for building materials owing to the growing population in developed as well as emerging countries may fuel product demand. Calcium has numerous forms and can be used as a decarbonizing, deoxidizing, reducing, desulfurizing agent for applications including production of cement and motor, as a coagulator during cheese production; as a catalyst in the manufacturing of aluminum alloys, magnesium, copper, lead, and beryllium. The industry is poised for growth over the next seven years owing to the factors as mentioned above.

Calcium Carbonate is expected to witness the highest demand in the calcium market. Growth in the Calcium Carbonate market is primarily driven by increasing demand for nano-calcium carbonate particularly used in rubber and plastic, drug, and paints industry. Calcium carbonate is gradually replacing kaolin, thereby increasing its share in the paper industry. It is further expected to expand with the growth in demand for bioplastics in the plastic industry, intense demand for anti-smudge and waterproof paper. Calcium Carbonate also finds applications in pharmaceutical, ink, cosmetics, and food industry.

Calcium propionate market, on the other hand, is being driven by the necessity for preserved food. It functions as an anti-microbial agent which enhances the shelf life of food products. It is therefore utilized in the preparation of bakery items, dairy products, animal feed sauces and meat products. It also finds application in processed food and lifestyle products. The demand is primarily led by the growth in urbanization and magnifying disposable income specifically in the emerging economies. Asia Pacific is anticipated to be the fastest growing region closely followed by Latin America and the Middle East.

Calcium silicate market is also thriving primarily because of its application in the food and beverage industry. It works as an anti-caking agent and is further used in the production of plastics, coating, roof and pharma products. It is utilized in applications including roads, bricks, insulation and cement. Calcium silicate finds extensive application usage in the housing and construction sector. Growth in the construction industry coupled with increasing government spending on infrastructure development may further expand the Calcium Silicate revenue share over the coming years. However, availability concerns paired with volatility in the price of raw material may pose a challenge for growth.

Extensive use of Calcium Chloride in the construction, medicine, food, gas and oil sector may escalate product demand significantly. It is employed in cold regions owing to its ability to reduce the freezing point of water. Thus, it is also used as a deicing agent as it helps minimize the accident figure during or after heavy snowing. It is also used to control the hardness of water by adjusting the pH level. Further, it can be used to control dust, to fasten the process of initially starting construction. North America is the biggest consumer market for calcium chloride and it continues to grow at a significant pace.

The market can be segmented by various parameters such as applications, compounds and end users. Asia Pacific is anticipated to emerge as the fastest growing region, particularly for Calcium Carbonate. China’s growth in the paper industry is further expected to increase the regional revenue share.

Notable companies include Maruo Calcium Co. Ltd., Schaefer Kalk GMBH, Okutama Kogyo Co. Ltd., Solvay S.A., Huber Engineered Materials, Excalibar Minerals LLC, Omya AG, Imerys, Mississippi Lime Company, Shiraishi Kogyo Kaisha, Ltd., Minerals Technologies Inc.

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