Global Calcium Carbonate Market Share Likely to Grow At a CAGR of 5.5% By 2030 - Custom Market Insights
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According to Custom Market Insights, The value of the worldwide calcium carbonate market size was approximately USD 42 billion in 2021, and between 2022 and 2030, it is anticipated to increase at a CAGR of about 5.5%. The study examines the market’s drivers and restraints, as well as the effects each, will have on the demand over the forecast period. The paper also looks at international opportunities in the market for calcium carbonates.
Overview
The chemical substance known as calcium carbonate has the formula CaCO3. Natural occurrences of it include minerals and rocks like calcite, limestone, chalk, marble, and aragonite. The natural or pure form of calcium carbonate is used. From natural sources, pure calcium carbonate is extracted using a range of methods, including mining and quarrying.
Growth Factors
The industries that use calcium carbonate the most right now are those that produce paper, plastics, paints & varnishes, adhesives, and sealants. Additionally, nano calcium carbonate may be used for other purposes. Researchers are particularly interested in the therapeutic benefits of calcium nano-carbonate. Materials made of calcium carbonate are biocompatible and biodegradable, making them excellent choices for clever carriers of medications, enzymes, and DNA. These nanoparticles are being studied for therapeutic uses, such as the delivery of anti-cancer drugs, antibacterial agents, and genes to cancer cells. These prospective uses offer a variety of chances for the calcium carbonate industry to expand in the future.
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