Registering a CAGR of 3.5% over the forecast period, the market value of Global Carbonate Salts is expected to reach US$ 19070.70 million in the year 2027.
Carbonate is a carbonic acid mineral salt. In the industry, the most common carbonates are potassium carbonate, calcium carbonate, iron carbonate, and sodium carbonate. The rising demand for carbonate salt from various end-user industries is expected to boost the global carbonate market over the forecast period.
The global carbonate market can be divided into two categories: type and end-user industries. It is classified into four types: iron carbonate, sodium carbonate, potassium carbonate, and calcium carbonate. Sodium carbonate is primarily employed as a cleaning agent. It's also used as a bleaching agent, as well as fillers, solvents, and solid separation agents. Paints and coatings, detergents and cleaners, dyes and pigments, glass and ceramics, adhesives and sealants, and paper and pulp are the end-use industries that it is divided into. Because of the widespread use of carbonate salts in the paints and coatings industry, the paints and coatings sub-segment is expected to be the fastest-growing sub-segment.
The report aspects discussed the profile of the top manufacturers of the global Carbonate Salts market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Global Carbonate Salts Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The global Carbonate Salts include the identification and analysis of the various market participants competing in the global market. Prominent competitors include Omya, Imerys (EPA: NK), Minerals Technologies (NYSE: MTX), Huber Engineered Materials, Calcium Products, Mineraria Sacilese, Fimatec, Takehara Kagaku Kogyo, Nitto Funka, Sankyo Seifun, Bihoku Funka Kogyo, Shiraishi Kogyo Kaisha, APP, Formosa Plastics, Keyue Technology, Jinshan Chemical, Jiawei Chemical, Changzhou Calcium Carbonate and others.
Industry News and Updates:
Imerys inaugurates its first synthetic minerals pilot plant
May 24, 2022-- Imerys, the world leader in mineral specialties for industry, launched a new pilot unit project today that will enable the molding of very high-performance minerals. The unit is housed in its Lyon Technology Center, which specializes in high-temperature materials among other things, and has benefited from a one-million-euro investment.
This process, which is unique in the world, was developed through scientific and technical collaborations with the universities of Bordeaux and Toulouse, yielding twenty patents. This process can replicate nature's action over millions of years in a matter of seconds. As a result, Imerys is able to create minerals with high technology properties that complement its existing product offering.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
In recent years, the paper and pulp industries have driven the calcium carbonate market. Another mineral salt of carbonate is sodium carbonate, which is widely used in applications such as glass manufacturing, detergents and softeners, food manufacturing, and chemical electrolytes, among others.
Due to rapid industrialization, Asia-Pacific is expected to hold the largest market share of the global carbonate market due to increased demand for paints and coatings, detergents and cleaners, dyes, and pigments in the region. As a result, carbonate demand will rise during the forecast period. North America is the second-largest region for the global carbonate market, owing to an increase in demand for various types of carbonates, such as iron carbonate, sodium carbonate, potassium carbonate, and calcium carbonate, from the region's various end-user industries.
The Global Carbonate Salts Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Carbonate Salts Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers the Global Carbonate Salts Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Global Carbonate Salts Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Global Carbonate Salts Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Omya, Imerys (EPA: NK), Minerals Technologies (NYSE: MTX) |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.5% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Omya, Imerys, Minerals Technologies, Huber Engineered Materials, Calcium Products, Mineraria Sacilese, Fimatec, Takehara Kagaku Kogyo, Nitto Funka, Sankyo Seifun, Bihoku Funka Kogyo, Shiraishi Kogyo Kaisha, APP, Formosa Plastics, Keyue Technology, Jinshan Chemical, Jiawei Chemical, Changzhou Calcium Carbonate |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 115 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Global Carbonate Salts Market is studied from 2017 - 2027.
What is the growth rate of the Global Carbonate Salts Market?
The Global Carbonate Salts Market is growing at a CAGR of 3.5% over the next 5 years.
Who are the key players in Global Carbonate Salts Market?
Omya, Imerys, Minerals Technologies, Huber Engineered Materials, Calcium Products, Mineraria Sacilese, Fimatec, Takehara Kagaku Kogyo, Nitto Funka, Sankyo Seifun, Bihoku Funka Kogyo, Shiraishi Kogyo Kaisha, APP, Formosa Plastics, Keyue Technology, Jinshan Chemical, Jiawei Chemical, Changzhou Calcium Carbonate
What regions does this Global Carbonate Salts Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Global Carbonate Salts Market?
Iron Carbonate, Sodium Carbonate, Potassium Carbonate, Calcium Carbonate, Other
What are the major end-use applications of Global Carbonate Salts Market?
Dyes and Pigments, Glass and Ceramics, Detergents and Cleaners, Adhesives and Sealants, Paints and Coatings, Paper and Pulp, Other
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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REPORT WRITING/ PRESENTATION
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