The Global Nano Calcium Carbonate Market To Grow At Highest Pace Owing To Rise In Construction Activities

Global Nano Calcium Carbonate Market


The global nano calcium carbonate market is primarily driven by its wide application in paints, coatings, adhesives, and sealants industries owing to its higher opacity, brightness, and durability. Nano calcium carbonate offers superior property than conventional calcium carbonate by offering high whiteness, lower absorption ratio, and better dispersion. It is widely used in paper, plastic, and rubber industries due to its ability to improve mechanical strength and durability of end products.

The Global Nano Calcium Carbonate Market is estimated to be valued at US$ 8.72 BN in 2024 and is expected to exhibit a CAGR of 9.8% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Global Nano Calcium Carbonate Market Size  are Imerys, Minerals Technologies, Inc., Nanomaterials Technology Co., Ltd., Shanghai Yaohua Nano-Tech Co., Ltd., Hebei Lixin Chemistry Co., Ltd., Omya AG, Yuncheng Chemical Industrial Co., Ltd., Chu Shin Chemical Co., Ltd., Enping Yueyi Chemistry Industry Co., Ltd., Fujian Sanmu Nano Calcium Carbonate Co., Ltd., and Guangdong Qiangda New Materials Technology Co., Ltd. The growth in paints & coatings industry driven by rising construction and automotive production is expected to drive the nano calcium carbonate market growth. Advancements in production technology have led to development of precipitated and modified nano calcium carbonate with high whiteness and performance properties.

Market Trends

Two major trends driving the global nano calcium carbonate market include rising demand from packaging industry and focus on development of sustainable production methods. The packaging industry is evolving with rising e-commerce leading to higher demand for lightweight and high-performance packaging materials where nano calcium carbonate finds usage. Manufacturers are investing in renewable energy powered production plants and water-based manufacturing processes to reduce environmental footprint.

Market Opportunities

One of the key opportunities for nano calcium carbonate market is its application in lithium-ion batteries as performance additive. Nano calcium carbonate is being widely researched for its ability to enhance cycle life and storage capacity of lithium-ion batteries used in electric vehicles. Another growth opportunity lies in usage of nano calcium carbonate in 3D printing as material extrudate where it improves surface finish and mechanical properties of parts.

Impact of COVID-19 on the Global Nano Calcium Carbonate Market

The COVID-19 pandemic negatively impacted the growth of the global nano calcium carbonate market in 2020. Government-imposed lockdowns and supply chain disruptions led to decreased demand from end-use industries like coatings, plastics, rubber, paper and packaging. Production facilities were shut down temporarily which hampered market growth. Challenges in transportation and logistics further constrained the availability of raw materials.

However, with the resumption of economic activities in 2021, the market is recovering gradually. Demand from applications like medical devices, pharmaceuticals and healthcare increased owing to the pandemic. Moreover, rising focus on hygiene and wellness has boosted the use of nano calcium carbonate in cosmetics, personal care and disinfectant products. The market is anticipated to witness significant growth in 2022 as supply chains stabilize and production returns to pre-pandemic levels across major regions.

Going forward, key players are investing in advanced technologies to develop innovative product grades suitable for new applications emerging due to changing consumer needs and preferences post COVID-19. Adopting sustainable and eco-friendly manufacturing practices can also help regain consumer confidence and accelerate the market's trajectory towards its forecast trajectory in the coming years.

East Asia is currently the largest market for nano calcium carbonate globally in terms of value. China dominates East Asia's market due to ample raw material availability and a vast manufacturing base to cater to rising domestic as well as export demand. The market is predominantly concentrated in Chinese provinces like Shandong, Jiangsu, Guangdong, Zhejiang and Shanghai given their industrial prominence.

South Asia Pacific region has emerged as the fastest growing market for nano calcium carbonate in recent years. Countries like India, Indonesia, Vietnam and Thailand serve as major hubs where market witnessed impressive double digit growth on account of flourishing end use industries, growing construction activities and rising foreign investments into local manufacturing sectors. With ongoing industrialization and cheap labor, South Asia Pacific offers immense opportunities for market expansion.

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