Market Overview
The Global Nano Calcium Carbonate Market is expected to reach a
value of USD 9.8 billion in 2023, and it is further anticipated to reach a market value of
USD 24.1 billion by 2032 at a
CAGR of 10.6%. The market has seen a significant increase in the recent past and is predicted to grow significantly during the forecasted period.
The global nano-calcium carbonate market refers to the industry that is involved in the manufacturing, distribution, and consumption of
nano-sized calcium particles. These particles are used as an essential component in the manufacturing process of various industries like automotive, pharmaceutical and construction. For instance, in the construction industry nano-calcium particles are used in the production of sealants & adhesives, to enhance the improved resistance to weathering, strength and durability. The growth of this sector can be attributed to the rising demand for eco-friendly substitutes to
plastic materials that have a minimum carbon footprint. Nano calcium carbonate is used as a filler in plastic material to enhance its mechanical properties and reduce production costs.
Market Dynamic
The increasing awareness about sustainable and environment-friendly materials across various industries drives the growth of the nano calcium carbonate market, as it can be used as a replacement for traditional plastic polymers to enhance product quality and reduce environmental impact. Notably, the plastics and rubber sectors are the first to adopt to this market and, use nano calcium carbonate due to their capacity to improve product quality and cost-efficiency.
Additionally, the paints and coatings industry is also one of the major consumers of the global nano calcium carbonate market as nanoparticles enhance the properties of paints, such as opacity, rheology, and scratch resistance. This market is highly influenced by technological advancement, regulatory standards and the demand for eco-friendly and sustainable materials.
Research Scope and Analysis
By Product Type
In product type segment, standard-grade products dominate the global nano calcium carbonate market as it holds 63.1% of the market share in 2023 and is projected to show significant growth in the forthcoming period of 2023 to 2032.
Standard-grade nano calcium carbonate is more popular as it is more cost-effective in comparison to high-precision-grade nano calcium carbonate. This affordability makes standard-grade nano calcium carbonate an attractive choice for manufacturers who are trying to find alternatives to high-grade products, to optimize production costs while maintaining product quality. The standard-grade nano calcium particle can be used in a wide variety of industries, such as plastics, rubber, paints, coatings, and others.
The versatility and compatibility of standard-grade nano calcium carbonate with various materials and formulations make it a prominent choice for manufacturers in various industries. Most of these industries require a substantial volume of nano calcium carbonate to meet their production demands. To solve this issue standard-grade nano calcium carbonate is well-suited for these industries as it provides the cheap raw material for bulk manufacturing.
By Application
Plastic, dominates the global nano calcium carbonate market on the basis of application, as it holds 38.2% of the market share in 2023 and is expected to show substantial growth in the forthcoming period of 2023 to 2032.
The reason plastic dominates this segment can be attributed to various factors. The nano calcium particles are used as filler and reinforcement agents in plastic materials. The addition of nanoparticles to plastic polymers improves their mechanical properties, such as flexibility, strength, impact resistance, and dimensional stability. Nano-calcium carbonate also makes plastic more durable and stronger, which is why it is preferred by many major manufacturing industries.
Moreover, the addition of nano calcium carbonate in plastic products can be cost-efficient as the after-product offers inexpensive polymer content while retaining the original product quality. This is one of the prime factors behind the growth of the global nano-calcium carbonate market. As for the safety standards set by different regulatory organizations, the nano calcium carbonate has received their approval to be environmentally safe and considered effective as a plastic additive. The versatile and unique nature of the nano calcium carbonate makes it a unique additive in various industries, pushing the growth of this market.
The Nano Calcium Carbonate Market Report is segmented on the basis of the following:
By Product Type
- Standard Grade
- High Precision Grade
By Application
- Plastic
- Adhesive and Sealants
- Rubber
- Healthcare
- Paints and Coating
- Others
Regional Analysis
Asia-Pacific dominates the global nano calcium carbonate market as it holds 50.4% of the market share in 2023 and is anticipated to show subsequent growth in the forthcoming period of 2023 to 2032.
This region is going through rapid industrialization & urbanization, which directly influences the demand for construction materials, plastics, & coatings materials pushing the growth of this market that’s the reason this region covers almost half of the global nano calcium carbonate market. This region has a well-developed ecosystem of manufacturers who heavily rely on nano-calcium carbonates for the production of plastics, rubber, and paints.
Additionally, due to the growing concerns about the environment, this region is taking substantial measures to tackle this issue by adopting sustainable materials like nano calcium carbonate. This material provides the optimal solution to this problem as it offers both durability and reduced environmental impact. So, these factors collectively position Asia-Pacific as the dominant player in the global nano calcium carbonate market as it has a strong industrial ecosystem.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The competitive landscape of the global nano calcium carbonate market witness the competition between the established industry leaders and regional players. Major companies in the nano calcium carbonate market compete with each other based on various factors like product innovation, quality, pricing, and global reach. Some prominent players in this market include Omya AG, Minerals Technologies Inc., Solvay S.A., Imerys, Mississippi Lime Company, and Specialty Minerals Inc. These companies offer a wide range of nano calcium carbonate products to various industries for the production of plastics, rubber, coatings, and paints.
These companies utilize inorganic & organic strategies for their market expansion. The inorganic strategies include the research and development of the product while the organic strategies deal with partnerships, mergers & acquisitions. Furthermore, these mergers & partnerships further boost their market position and pave the way for the expansion of the market conditions.
This market has many key players who hold a significant portion of the market are Chu Shin Chemical Co. Ltd., Enping Yueyi Chemistry Industry Co. Ltd., Fujian Sanmu Nano Calcium Carbonate Co. Ltd., Guangdong Qiangda New Materials Technology Co. Ltd., 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. and others.
Some of the prominent players in the Global Nano Calcium Carbonate Market are:
- Chu Shin Chemical Co. Ltd.
- Enping Yueyi Chemistry Industry Co. Ltd.
- Fujian Sanmu Nano Calcium Carbonate Co. Ltd.
- Guangdong Qiangda New Materials Technology Co. Ltd.
- 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
- Other Key Players
COVID-19 Pandemic & Recession: Impact on the Global Nano Calcium Carbonate Market:
The COVID-19 pandemic and the associated economic recession had significant impacts on the global nano calcium carbonate market. In the initial phase of the pandemic, the global supply chains of nano calcium carbonate were interrupted, affecting the availability of raw materials which caused disruptions in production. This impacted the supply of nano calcium carbonate, potentially leading to fluctuations in pricing and availability. Moreover, the unavailability of raw material affected many industries such as automotive, construction, and healthcare. These industries also experienced reduced demand during lockdowns and economic uncertainty. This whole scenario led to a temporary reduction in the demand for nano calcium carbonate in these sectors.
Additionally, while the pandemic posed many challenges for the global nano calcium carbonate market, it also offered new opportunities to this market. In the later phase of the pandemic, as the global economy stabilized, industries affected by the recession were likely to recover, potentially leading to increased demand for nano calcium carbonate in major industries.
Report Details
| Report Characteristics |
| Market Size (2023) |
USD 9.8 Bn |
| Forecast Value (2032) |
USD 24.1 Bn |
| CAGR (2023-2032) |
10.6% |
| Historical Data |
2017 - 2022 |
| Forecast Data |
2023 - 2032 |
| Base Year |
2022 |
| Estimate Year |
2023 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Product Type (Standard Grade and High Precision
Grade), By Application (Plastic, Adhesive and
Sealants, Rubber, Healthcare, Paints and Coating, and
Others) |
| Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
| Prominent Players |
Chu Shin Chemical Co. Ltd., Enping Yueyi Chemistry
Industry Co. Ltd., Fujian Sanmu Nano Calcium
Carbonate Co. Ltd., Guangdong Qiangda New
Materials Technology Co. Ltd., 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., and Other Key Players |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |
Frequently Asked Questions
The Global Nano Calcium Carbonate Market is expected to reach a value of USD 9.8 billion in 2023, and
it is further anticipated to reach a market value of USD 24.1 billion by 2032 at a CAGR of 10.6%.
The global nano-calcium carbonate market refers to the industry that is involved in the manufacturing,
distribution, and consumption of nano-sized calcium particles and compounds which are incorporated
into various industries like automotive, pharmaceutical and construction.
This market has many key players who hold a significant portion of the market are Chu Shin Chemical
Co. Ltd., Enping Yueyi Chemistry Industry Co. Ltd., Fujian Sanmu Nano Calcium Carbonate Co. Ltd.,
Guangdong Qiangda New Materials Technology Co. Ltd., Imerys, Minerals Technologies Inc., and others.
Asia-Pacific dominates the global nano calcium carbonate market as it holds 50.4% of the market share
in 2023 and is anticipated to show subsequent growth in the forthcoming period of 2023 to 2032.