Indian calcium carbonate market is estimated to grow at a CAGR of 5.1% during the forecast period. Growing plastics and paper industry is a key factor accelerating the market growth. Plastics manufacturing has been witnessed significant growth in India. For instance, as per the India Brand Equity Foundation (IBEF), the Indian plastics industry hosts over 2,000 exporters and comprises over 30,000 processing units, 85–90% of which are SMEs. In August 2020, the country exported plastics valued at $838 million, and the export during April–August 2020 was $3.9 billion. Calcium carbonate is used as an additive in plastic compounds that supports to reduce surface energy and offers surface gloss and opacity, which improves surface finish. Additionally, when the particle size is carefully controlled, calcium carbonate supports to increase both flexural modulus (stiffness) and impact strength. It may be used with several thermoplastic resins.

The market is segmented based on the type and end-user industry. Based on type, the market is segmented into ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). Expansion of PCC production plant have been witnessed in the country, which in turn, is offering an opportunity for PCC consumption in the country. For instance, in May 2019, Minerals Technologies Inc. declared that it has signed an agreement with Century Pulp & Paper, Division of Century Textiles and Industries Ltd., to install a 45,000 metric ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Lalkuan, District Nainital, India. This new facility is scheduled to commence operation in the second quarter of 2020. Based on the end-user industry, the market is segmented into paper, adhesives and sealants, plastics, paints and coatings, construction, and others. 

Some prominent players in the market include Imerys S.A., Omya International AG, Minerals Technologies, Inc., J.M. Huber Corp., Gulshan Polyols Ltd. (GPL). These players have been using some potential strategies to enhance their competitiveness in the market. For instance, in February 2018, Imerys acquired consolidated calcium carbonates business of Vee Microns and Vimal Microns. The assets acquired comprise the manufacturing facilities of Vimal Microns’ at Alwar and Mehsana, commercialized under the CARB ALPHA, VIMCRO CARB, and VCARB brands. The two manufacturing sites will combine Imerys’ broad global footprint of 270 industrial sites in 50 countries.

Research Methodology

The market study of the Indian calcium carbonate market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity to our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Indian Calcium Carbonate Market Research and Analysis, By Type
2. Indian Calcium Carbonate Market Research and Analysis, By End-User Industry

The Report covers:

• Comprehensive research methodology of the Indian calcium carbonate market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Indian calcium carbonate market.
• Insights about market determinants that are stimulating the Indian calcium carbonate market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.