New York, NY -- (SBWire) -- 10/31/2018 --Global Calcium Market Introduction
Calcium is one of the alkaline earth metals and one of the most commonly occurring minerals in the earth's crust. Calcium is majorly used in the form of calcium carbonate in various applications. Calcium is primarily used as a filler in the form of calcium carbonate in paper, paper packaging, plastics, and other industries.
Calcium is also used as a fluxing agent, base material, refining agent, setting agent, finishing agent, as a fertilizer, and as a raw material. Calcium is used as a fluxing agent in the steel industry, while it is used as the setting agent in paints & coatings. Calcium is consumed in the pharmaceutical industry as the base material for the manufacturing of tablets. Calcium is also one of the important supplements required for the human body.
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Calcium Market Drivers
The demand for calcium from the paper packaging industry is increasing. The rapid growth of paper packaging industries has created an upsurge in the demand for calcium. However, the predominant application area for calcium is in the steel industry. There has been an increase in the demand for calcium from the plastics & composites industries as well, which is projected to support the demand for calcium over the forecast period.
Environmental regulations that ban the usage of plastics for packaging are expected to boost the paper packaging industry, which will, in turn, boost the demand for calcium. Moreover, the global pharmaceutical industry is growing at a faster pace, which is bolstering the demand for calcium. Increasing population in Asia Pacific is boosting the construction industry, which is, in turn, boosting the demand for calcium
Calcium Market Restraints
A downturn in the pulp & paper industry is among the major factors restraining the calcium market, however, high growth in paper packaging is expected to propel the demand for calcium.
Another challenge faced by the global calcium market is the usage of substitutes such as clay and saw dust, among others, as replacements for calcium carbonate fillers.
Moreover, fluctuations in the prices of raw materials is also a major challenge faced by the global calcium market as manufacturers need to minimize their cost of production to sustain in the global competition.
Calcium Market Trends
Manufacturers of calcium are entering into long-term supply contracts with PVC and steel manufacturing companies as a part of their business strategies to expand their customer base and global footprint.
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Manufacturers are also expanding their capacities of production due to the surging demand for calcium carbonate from customers. For instance, in 2015, Huber carbonates LLC announced the expansion of its production capacity in the U.S. to satisfy the growing demand for calcium carbonate from various applications.
Global Calcium Market: Regional Outlook
The global calcium market is expected to be dominated by the Asia Pacific region with China leading the market in terms of production as well as consumption. India is also estimated to witness sound growth in demand for calcium owing to rapid growth in end-use industries in the country.
North America and Europe are collectively expected to hold a significant share in the calcium market and an increase in the demand for ecofriendly packaging is likely to drive the demand for calcium in the coming years. Growth in the populations of China and India is driving the construction industry in the Asia Pacific region, which is resulting in an increase in the demand for calcium from the construction industry.
Global Calcium Market Participants
Some of the key market participants identified across the value chain of the global calcium market are:
Solvay S.A.
Huber Engineered Materials
Maruo Calcium Co. Ltd.
Schaefer Kalk GMBH
Imerys
Mississippi Lime Company
Okutama Kogyo Co
Excalibar Minerals LLC
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