Precipitated Calcium Carbonate Market Demand, Trends, and CAGR 2032

According to Fortune Business Insights, The global precipitated calcium carbonate market size was valued at USD 11.81 billion in 2024. The market is projected to grow from USD 12.37 billion in 2025 to USD 17.31 billion by 2032 at a CAGR of 4.9% during the 2025-2032 period. Asia Pacific dominated the precipitated calcium carbonate market with a market share of 54.36% in 2024.

Precipitated Calcium Carbonate (PCC) is a versatile chemical compound created through the reaction of calcium hydroxide and carbon dioxide. The growing demand for the product from several sectors for different applications is poised to bolster the market expansion.

Moreover, there were significant issues in the market owing to the COVID-19 pandemic, mainly in its supply chain. In addition, the market witnessed a halt in the supply of raw materials necessary for product production, including chemicals and limestone, due to movement restrictions and lockdown measures. There were also delays or halts in the procurement of these materials on account of transportation constraints and quarantine measures in mining areas, which affected production.

Fortune Business Insights™ provides this information in its research report, titled “Precipitated Calcium Carbonate Market, 2025-2032”.

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List of Key Players Mentioned in the Report:

• Mineral Technologies (U.S.)

• Imerys S.A. (France)

• Mississippi Lime (U.S.)

• M. Huber Corporation (U.S.)

• ILC Resources (U.S.)

• Omya International AG (Switzerland)

• CANADA Chemical (Canada)

• GLC Minerals (U.S.)

Segmentation:

Common Deployment of Industrial Grade in the Rubber Industry to Foster Segment Expansion

In terms of type, the market is bifurcated into industrial grade and pharmaceutical grade. The industrial grade segment secured the largest share in 2023. The common utilization of industrial grade in industries, including paints & coatings, rubber, construction materials, adhesives, plastics, and paper manufacturing, is augmenting the segment growth.

Paper Segment Led Due to Ability of Product to Enhance Paper Attributes

With respect to application, the market is classified into adhesives & sealants, inks, paints & coatings, plastics, paper, pharmaceuticals, rubber, and others. The paper segment occupied the largest precipitated calcium carbonate market share in 2023. The product can improve paper attributes as a filler by boosting bulkiness, brightness, and opacity, enhancing uniformity and printing quality. This factor is propelling the paper segment expansion.

From the regional perspective, the market is categorized into Asia Pacific, Latin America, the Middle East & Africa, North America, and Europe.

Report Coverage

The research report offers a comprehensive coverage of the key driving and restraining factors affecting the market growth. In addition, it offers vital insights into the COVID-19 pandemic impact, the latest trends, and notable industry developments. Other aspects of the report include the strategic measures taken by top companies to stand out from the competition.

Drivers and Restraints:

Inclination Toward Green Production Methods to Impel Market Growth

The market is witnessing the growing adoption of green production methods to reduce environmental impact throughout the manufacturing process. In addition, closed-loop water systems are being used by players to reduce the consumption of water and discharge wastewater while encouraging environmental sustainability and efficient resource deployment. Thus, these factors are boosting the precipitated calcium carbonate market growth.

However, the fluctuations in the price of raw materials may hinder market expansion for precipitated calcium carbonate.

Regional Insights:

Asia Pacific Leads in the Global Market Due to Surging Consumer Goods Production

In 2023, Asia Pacific was valued at USD 6.42 billion in 2023 and holds the dominating position in the market. This can be credited to the rising production of industrial products, automotive components, and consumer goods, which is slated to bolster the product demand in manufacturing processes.

North America market for precipitated calcium carbonate is anticipated to observe significant growth in the coming years. The expansion of the pharmaceutical industry owing to rising healthcare expenditure and an aging population is escalating the regional growth.

Information Source: https://www.fortunebusinessinsights.com/precipitated-calcium-carbonate-market-105287

Competitive Landscape:

Leading Companies Emphasize Agreements to Expand Their Product Line

The precipitated calcium carbonate market is witnessing the implementation of many competitive strategies, such as product innovations, capacity expansions, and mergers and acquisitions to strengthen their position. Many companies are also focusing on entering agreements for the expansion of their product lines.

Key Industry Development:

• July 2023 – Minerals Technologies Inc. formed an agreement with the global paper company to upgrade the company’s precipitated calcium carbonate plant in Brazil by incorporating MTI’s NewYield LO PCC technology.

• April 2021 – Minerals Technologies Inc. signed an agreement with Zhumadianshi Baiyun Paper Co., LTD to construct a satellite precipitated calcium carbonate plant with 50 kiloton per annum capacity at its paper mill in Henan Province, China. This expansion helped the company serve its customers efficiently in China.