Calcium Carbonate Market Size To Reach $70.1 Billion By 2033

Calcium Carbonate Market Growth & Trends

The global calcium carbonate market size is estimated to reach USD 70.1 billion by 2033, expanding at a CAGR of 8.3% from 2025 to 2033, according to a new report by Grand View Research, Inc. Calcium carbonate is a compound that is commonly found in rocks, such as limestone and dolomite. The product is extracted by quarrying or mining and is further processed to form precipitated calcium carbonate (PCC) or ground calcium carbonate (GCC).

The product is extensively used in various applications including paper, paints and coatings, food, health-related products, and building and construction materials. The COVID-19 pandemic impacted both the production and consumption of calcium carbonate. However, the demand is high in the healthcare market and related industries, mainly in the paper industry due to rising concerns regarding personal hygiene, which is boosting the demand for tissue papers.

The global market is highly competitive owing to the presence of numerous established players in the industry that are integrated across the value chain. In January 2021, Audax Private Equity announced the completion of the sale of Gabriel Performance Products to Huntsman Corporation. The competitive scenario is intense for the market as major players have reported losses during the first half of 2020. For example, Mineral Technologies reported a loss of 14.44% and Imerys reported a loss of 15.3% in their revenue for Q2 2020.

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Calcium Carbonate Market Report Highlights

• Asia Pacific accounted for the largest revenue share in 2024 and is expected to grow further on account of the rising focus on the development of the manufacturing sector in the region. Government initiatives for the development of the manufacturing sector by offering incentives and inviting FDIs are expected to benefit market growth.

• In May 2025, MIDROC Investment Group inaugurated Ethiopia’s first coated calcium carbonate production plant in Awash 7 Kilo, Afar Region. The facility will produce coated calcium carbonate for plastics, water pipes, pharmaceuticals, shoe soles, sponges, and cable products, boosting industrial development.

• The pulp & paper segment dominated the market and accounted for the largest revenue share of 42.7% in 2024. Growing concerns over sustainability and hygiene are driving the paper industry. For instance, initiatives undertaken to ban single-use plastic products have propelled the consumption of paper in packaging applications. In addition, the growth of this application segment is attributed to the high demand for paper from the packaging and healthcare industries

• The Middle East & Africa is anticipated to register a significant CAGR during the forecast period on account of rapid growth in the construction industry that is propelling cement production in the region

Calcium Carbonate Market Segmentation

Grand View Research has segmented the global calcium carbonate market based on product, application, and region:

Calcium Carbonate Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2033)

• Ground Calcium Carbonate

• Precipitated Calcium Carbonate

Calcium Carbonate Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2033)

• Automotive

• Building & Construction

• Pharmaceutical

• Agriculture

• Pulp & Paper

• Other Application

Calcium Carbonate Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • Italy

  • Spain

  • France

• Asia Pacific

  • China

  • Japan

  • South Korea

• Middle East & Africa

  • Saudi Arabia

  • South Africa

• Latin America

  • Brazil

  • Argentina

List of Key Players of Calcium Carbonate Market

• Gulshan Polyols Ltd.

• Carmeuse Group

• Multi Minerals

• Kunal Calcium

• GLC Minerals

• Imerys

• J.M. Huber Corporation

• Minerals Technologies Inc.

• Indocal

• Whitegold Minerals

• NIGTAS A.S.

• Ascom Carbonate and Chemicals Manufacturing (ACCM)