NEW YORK, Aug. 9, 2024 /PRNewswire/ -- The global nano
calcium carbonate market size is estimated to grow by USD 3.38 billion from 2024-2028, according
to Technavio. The market is estimated to grow at a CAGR of
about 7.97% during the forecast period. Rise in residential and
commercial construction activities is driving market growth, with a
trend towards growing demand for nano calcium carbonate from
pharmaceutical industry. However, health hazards associated
with nano calcium carbonate poses a challenge. Key market players
include Akzo Nobel NV, Changzhou Calcium carbonate Co. Ltd.,
FUJIAN SANMU NANO CALCIUM
CARBONATE CO.LTD., Guangdong Qiangda New Materials Technology Co.
Ltd., Hebei Lixin Chemistry Co. Ltd., Imerys S.A., Maruo Calcium
Co. Ltd., Minerals Technologies Inc., NanoMaterials Technology Pte
Ltd., Omya International AG, Shiraishi Kogyo Kaisha Ltd., Solvay
SA, and Yuncheng Chemical Industrial Co. Ltd..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Type (Standard grade
and High precision grade), Application (Plastics, Rubber, Building
and construction, and Others), and Geography (APAC, Europe, North
America, Middle East and Africa, and South America)
|
Region
Covered
|
APAC, Europe, North
America, Middle East and Africa, and South America
|
Key companies
profiled
|
Akzo Nobel NV,
Changzhou Calcium carbonate Co. Ltd., FUJIAN SANMU NANO CALCIUM
CARBONATE CO.LTD., Guangdong Qiangda New Materials Technology Co.
Ltd., Hebei Lixin Chemistry Co. Ltd., Imerys S.A., Maruo Calcium
Co. Ltd., Minerals Technologies Inc., NanoMaterials Technology Pte
Ltd., Omya International AG, Shiraishi Kogyo Kaisha Ltd., Solvay
SA, and Yuncheng Chemical Industrial Co. Ltd.
|
Key Market Trends Fueling Growth
The nano calcium carbonate market is experiencing significant
growth due to its increasing utilization in the pharmaceutical and
paints and coatings industries. This market growth is driven by the
rising demand for high-purity nano calcium carbonate in various
calcium formulations, tablets, syrups, and as an ingredient in
nutritional supplements. In the pharmaceutical sector, nano calcium
carbonate acts as a filler compound, excipient, inert material,
antacid, and bulking agent. Its non-toxic nature, as per the FDA,
enables its use as an additive in food and direct or indirect
ingredient in pharmaceutical applications. The substantial
expansion of the pharmaceutical industry, fueled by growing
investments in medical and healthcare sectors, is expected to boost
the global nano calcium carbonate market during the forecast
period.
Nano calcium carbonate is a trending material in various
industries due to its versatility and benefits. In the
pharmaceutical sector, it's used as a high-end filler in
formulations. Electronics and advanced materials industries use it
as a reinforcing agent. Sustainable manufacturing processes
incorporate nano calcium carbonate in making eco-friendly coatings,
biodegradable plastics, and sealants. In construction, it's a
lightweight and high-strength material, reducing CO2 emissions.
Automotive parts and sustainable materials in the automobile
industry benefit from its use as an additive in plastics and
rubber. Paint and coatings, aerospace industries, and packaging
sector also use it for its high-performance properties. Personal
Protective Equipment, disinfectants, and the medical sector are
other areas where nano calcium carbonate acts as a filler
ingredient. Nano calcium carbonate's role extends to reducing
carbon footprints in various industries, making it an
environmentally friendly choice for filler, additives, and
reinforcing agents in plastics, sealants, automotive components,
and more.
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Market Challenges
- Nano calcium carbonate, derived from natural sources like
chalk, limestone, and oyster shells, is a widely used calcium
supplement. However, its consumption should be limited and under
the guidance of a health consultant to avoid potential side
effects. Overdose can lead to health issues such as kidney stones,
muscle and bone pain, nausea, stomach pain, confusion, headaches,
constipation, coma, eye and skin irritation, dry mouth, burping,
loss of appetite, increased urination, excess gas production, and a
metallic taste in the mouth. Respiratory distress is also a risk.
These side effects may hinder the growth of the global nano calcium
carbonate market during the forecast period. Consumers and
manufacturers must prioritize safety measures to mitigate these
risks.
- The Nano Calcium Carbonate market faces several challenges in
various industries. In the automotive sector, the need for
lightweight and high-strength materials increases the demand for
nano calcium carbonate as a reinforcing agent and filler in
automotive components and plastics. In the aerospace industry,
high-performance additives are required to improve mechanical
properties and surface area for better dispersion capabilities in
polymer composites. In the construction sector, nano calcium
carbonate is used as a filler in paints and coatings, concrete, and
precision coatings for improved mechanical strength and surface
area. In the plastics industry, it is used as a reinforcing agent
in plastic resins to enhance physical properties. In the rubber
industry, nano calcium carbonate is used as a filler in rubber
polymers to improve mechanical strength and dispersion
capabilities. In the medical sector, high-purity grades are used as
a food additive in fortified food and beverages for nutritional
content. In the packaging industry, it is used as a filler in
disinfectants and Personal Protective Equipment. The production
scalability and standard grade requirements vary in each industry,
making it essential to offer different grades to cater to diverse
needs.
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Segment Overview
This nano calcium carbonate market report extensively covers
market segmentation by
- Type
- 1.1 Standard grade
- 1.2 High precision grade
- Application
- 2.1 Plastics
- 2.2 Rubber
- 2.3 Building and construction
- 2.4 Others
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Standard grade- The global nano calcium carbonate
market is expected to witness significant growth, particularly in
the standard-grade segment. This growth is attributed to the
increasing demand for standard-grade products in various
industries. In the manufacturing of plastic and rubber, the
standard-grade nano calcium carbonate is in high demand due to its
superior properties. Furthermore, the construction industry's
expansion, driven by the production of adhesives and sealants, is
another key factor fueling the growth of this segment.
Additionally, standard-grade nano calcium carbonate finds extensive
applications in paints and automotive industries due to its
exceptional properties, such as high corrosion resistance, weather
resistance, and viscosity control. These factors collectively
indicate a promising outlook for the standard-grade segment of the
global nano calcium carbonate market during the forecast
period.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
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The North American calcium carbonate market is expanding due to
increased demand in construction, automotive, and paper industries.
Key drivers include a surge in infrastructure projects and the need
for high-quality fillers. Globally, the precipitated calcium
carbonate (PCC) market is witnessing robust growth, driven by its
applications in plastics, paints, and pharmaceuticals. Innovations
in PCC production and rising environmental regulations are
enhancing market dynamics. Both markets are characterized by strong
competition, with major players focusing on technological
advancements and strategic partnerships to maintain their market
position.
Research Analysis
Nano Calcium Carbonate (nCC) is a versatile nanomaterial gaining
significant attention in various industries due to its unique
properties. With a high surface area and superior dispersion
capabilities, nCC functions as an effective additive in automotive
components, enhancing the mechanical properties of plastics and
rubber as a reinforcing agent. In the automotive sector, nCC
reduces the weight of automobile parts by replacing heavy metals,
thereby decreasing CO2 emissions. In the aerospace industries, nCC
is utilized as a high-performance additive in lightweight materials
and high-strength composites. Additionally, nCC is used in paint
and coatings, sealants, and drug delivery systems, improving their
mechanical strength and drug stability. In the construction sector,
nCC is used as a filler in polymer composites, contributing to the
production of sustainable and environmentally friendly materials.
Overall, nCC's unique properties make it an essential additive in
various industries, from automotive to construction, and from
plastics to high-performance materials.
Market Research Overview
Nano Calcium Carbonate is a versatile and high-demand
nanomaterial, widely used as a filler and reinforcing agent in
various industries. Its small particle size provides unique
properties such as high surface area, dispersion capabilities, and
mechanical strength, making it an essential additive in automotive
components, plastics, rubber, paint and coatings, and aerospace
industries. In the automotive sector, it improves the mechanical
properties of polymer composites and reduces CO2 emissions by
lowering the weight of automobile parts. In construction, it
enhances the performance of concrete and precision coatings, while
in the plastic industry, it fortifies plastic resins with high
purity and nutritional content as a food additive. In the medical
sector, it is used in high-end pharmaceutical formulations for drug
delivery systems, stability, and bioavailability. Its production
scalability and standard and high-precision grades make it suitable
for various applications, including paper, electronics, and
sustainable manufacturing. Nano Calcium Carbonate is also used in
sealants, biodegradable plastics, and environmentally friendly
coatings, making it an essential component in sustainable
construction materials and reducing carbon footprints in the
packaging sector.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Standard Grade
- High Precision Grade
- Application
-
- Plastics
- Rubber
- Building And Construction
- Others
- Geography
-
- APAC
- Europe
- North America
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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