Global Nano Calcium Carbonate Market size was valued at US$ 3.3 Bn in 2019 and the total revenue is expected to grow at 8.8% through 2020 to 2026, reaching nearly US$ XX Bn.
The global Nano Calcium Carbonate market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Nano Calcium Carbonate report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Nano Calcium Carbonate Market Overview:
The plastic industry is a major growth driver propelling the nano calcium carbonate demand. The use of the product in chemical, biological, and industrial areas is constantly increasing, this factor is expected to drive the nano calcium carbonate market size during the forecast period.
Global Nano Calcium Carbonate Market Dynamics:
Rising product demand from various industrial applications including paints, sealants, and adhesives is driven the nano calcium carbonate market growth. The nano calcium carbonate is used to improve the properties of materials like plastics, adhesives, rubber, and sealants. The addition of the product enhances the weather resistance, heat resistance, impact resistance, and also the toughness and performance of the material under extreme temperature conditions.
The use of nano calcium carbonate as an additive in polymers and adhesives contributes to reducing the volume of formulation cost and improving the final product quality, thus driving the global nano calcium carbonate market growth. Additionally, the increasing labeling and packaging market, automotive, industrial, glass and ceramics industry is likely to augment the demand for printing inks.
The nano calcium carbonate is utilized in the inner tube of a radial tire and butyl tube to improve the airtightness, stiffness, and reduce the cost of rubber compound. Rising demand for industrial rubber for the tire industry as a cheap and efficient substitute of carbon black because of its superior chemical properties is expected to drive the global nano calcium carbonate market demand during the forecast period 2020-2026
Global Nano Calcium Carbonate Market Segment Analysis:
By Application, the market is segmented into Plastics, Rubber, and Building & Construction. The plastics application segment accounted for the largest market share of more than 34.1% in terms of revenue in 2019. The product is widely used in PVC and polypropylene products to improve physical properties. The PVC industry is expected to register a CAGR of around 3.0% during the forecast period.
In the rubber industry, nano calcium carbonate is used in chloroprene rubber, styrene-butadiene rubber, and acrylonitrile-butadiene rubber. The addition of nano calcium carbonate in the products helps to improve dimensional stability, toughness, and stiffness and to decrease the production cost. Rubber is extensively used in tires, tubes, auto components, wires, cables, belts, footwear, and pharmaceuticals.
Global Nano Calcium Carbonate Market
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Global Nano Calcium Carbonate Market Regional Insights:
North America is dominating the Global Nano Calcium Carbonate Market
North America holds the largest market share of around XX% in 2019 and is expected to register a CAGR of 8.6% during the forecast period. The favorable government regulations in the region towards optimizing the fuel efficiency of automobiles have resulted in a significant demand for lightweight components. This factor is expected to boost plastic growth because it helps to reduce vehicle weight during the forecast period.
Europe is expected to dominate the Global Nano Calcium Carbonate Market
Europe held a market share of more than 21.7% in terms of volume in 2019. In the European automotive industries, the use of plastics compared to other composite metals is increased in the last years. According to the CBI Ministry of Foreign Affairs, Europe imports plastics worth annually around USD 10 billion.
Asia Pacific led the nano calcium carbonate market and accounted for over 50% of the market share in 2019. This growth is attributed to rising income levels resulting in the growth of the middle-class population in Asia Pacific. This has resulted in growing construction output and growth of the automotive industry in the region. Growth in these application industries is expected to boost the usage of nano calcium carbonate in the region.
Global Nano Calcium Carbonate Market 1
The objective of the report is to present a comprehensive analysis of the Global Nano Calcium Carbonate market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
Porter, svor, pestel analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Nano Calcium Carbonate market dynamics, structure by analyzing the market segments and project the Global Nano Calcium Carbonate market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Nano Calcium Carbonate market make the report investor’s guide.
Global Nano Calcium Carbonate Market Scope:
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Global Nano Calcium Carbonate Market 2
Global Nano Calcium Carbonate Market, by Region
• North America
• Asia Pacific
• Middle East and Africa
• South America
Global Nano Calcium Carbonate Market Key Players
• Specialty Minerals Inc.
• NanoMaterials Technology Co. Ltd.
• Minerals Technologies Inc
• Shiraishi Calcium Kaisha
• Maruo Calcium
• Jiawei Chemical Group
• Shanxi Lanhua Sci-tech Venture
• Anhui Chaodong Cement
• Zhenghe Company
• Shanghai Yaohua Nano-Tech
• Changzhou Calcium Carbonate
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