Global Precipitated Calcium Carbonate (PCC) Market Revenue Reached $3094 Million in 2023

Precipitated calcium carbonate (PCC) is a type of calcium carbonate that is obtained from lime or limestone through precipitation reactions.

Segmented Market Analysis

According to different manufacturing methods, precipitated calcium carbonate can be divided into two categories: natural precipitated calcium carbonate and chemical precipitated calcium carbonate. Natural precipitated calcium carbonate is made from natural minerals by mechanical grinding; Chemical precipitation of calcium carbonate is produced by converting substances with low solubility into substances with high solubility through chemical reactions and then undergoing processes such as filtration, washing, and drying.

According to different activities, precipitated calcium carbonate can be divided into active calcium carbonate and inactive calcium carbonate. Activated calcium carbonate, also known as modified calcium carbonate, is a type of surface-treated calcium carbonate that has high dispersibility, good reinforcement performance, transparency, thickening, filling ability, smoothness, and other properties; Non-active calcium carbonate, without surface treatment, has inferior performance to active calcium carbonate.

According to different uses and quality standards, precipitated calcium carbonate can be further divided into two categories: pharmaceutical grade and industrial grade. Among them, industrial-grade precipitated calcium carbonate dominates the market. According to research data from Beizhes, the global industrial-grade precipitated calcium carbonate market revenue reached $2501 million in 2023, with a revenue share of 80.83%.

From the perspective of downstream applications, precipitated calcium carbonate has been widely used and developed in fields such as papermaking, plastics, paint, coatings, adhesives, and sealants. The application of precipitated calcium carbonate in rubber can increase the volume of rubber, reduce product costs, and improve the processing performance of rubber; Applied to plastics, it can improve their dimensional stability, hardness, and rigidity, and improve their processing performance; In paper industry, it can ensure that the paper has a certain strength and whiteness, while reducing costs; Applied in coatings and serving as a framework, calcium carbonate is referred to as a physical pigment in the coating industry. Research has shown that the paper industry and plastic industry are the largest downstream application markets for precipitated calcium carbonate.

Global Precipitated Calcium Carbonate (PCC) Market Revenue and Share by Type and Application in 2023


Market Revenue (Million USD)

Share

Segmented by Type

Pharmaceutical Grade

593

19.17%

Industrial Grade

2501

80.83%

Segmented by Application

Paper Industry

1099

35.52%

Plastic Industry

1007

32.55%

Paints & Coatings Industry

264

8.52%

Adhesives & Sealants Industry

108

3.49%

Others

616

19.92%

Source: www.globalmarketmonitor.com

Overview of Market Development and Analysis of Competitive Landscape
At present, the global market for precipitated calcium carbonate is showing a situation of oversupply. With the progress of technology and the development of industries, the application fields of precipitated calcium carbonate are becoming more and more extensive, and the demand is constantly increasing, resulting in a steady increase in market revenue. Data shows that in 2023, the total revenue of the global precipitated calcium carbonate market reached $3094 million.
From the perspective of market competition, the concentration of the global precipitated calcium carbonate market is moderate. Data shows that in 2022, the total sales volume of precipitated calcium carbonate by the top 3 enterprises in the industry was 7.65 million tons, accounting for 33.31% of the global total sales volume; The total market revenue was $967 million, with a total revenue share of 32.08%. The top three companies were Minerals Technologies, Omya, and Imerys. In 2022, these three companies accounted for 14.96%, 10.46%, and 6.66% of the global total revenue in the precipitation calcium carbonate market.
Global Precipitated Calcium Carbonate (PCC) Market Revenue Forecast and Competition Pattern Analysis 

Global Precipitated Calcium Carbonate (PCC) Market Revenue Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com
Market Development Forecast
Demand forecast: The demand for precipitated calcium carbonate mainly comes from industries such as plastics, rubber, and coatings. With the continuous development of these industries, especially the increasing environmental requirements, the demand for precipitated calcium carbonate will continue to increase. In addition, emerging fields such as 3D printing and electric vehicles will also bring new growth points for the precipitation of calcium carbonate.
Supply forecast: In the coming years, the global production capacity of precipitated calcium carbonate will continue to increase. In addition to existing large manufacturers, some small manufacturers will also enter the market to increase production capacity. However, due to the increase in environmental protection requirements and the promotion of technological progress, the growth rate of production capacity may be affected to a certain extent.
Price forecast: In the coming years, the global price of precipitated calcium carbonate will continue to fluctuate and rise. Although the supply and demand relationship and fluctuations in raw material prices may have a certain impact on prices, in the long run, prices will continue to rise due to the continuous increase in demand and technological progress.

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