Nano Calcium Carbonate Market to Reach $9.65 Billion by 2024

Research and Markets, Dublin, Ireland, has announced the addition of the Nano Calcium Carbonate Market Analysis By Application (Plastic, Rubber, Building And Construction) And Segment Forecasts to 2024 report to its offering. The global nano calcium carbonate market is expected to reach $9.65 billion by 2024.

Rising demand for nano calcium carbonate owing to increasing product usage in the end-use industries, including inks and pharmaceuticals, on account of its superior dispersion properties is expected to drive the demand over the forecast period. The rising trend of people moving to urban centers in emerging regions, including Asia Pacific and the Middle East, is expected to drive the market over the next eight years.

The surging application scope in the paper industry pertaining to increasing usage of the product in paper processing is expected to drive the demand over the next eight years. The growing technological shift of the paper industry from an acid- to alkaline-based process is expected to fuel the market over the forecast period.

Asia Pacific accounted for a significant market share of more than 40% in 2015. Cost-effective manufacturing due to cheaper raw material availability and indigenous production is expected to drive the growth. The region is also projected to witness a CAGR of 8.4% during the forecast period.

Companies Mentioned:

• Specialty Minerals Inc.
• Imerys Performance Minerals
• Omya
• Enping Yueyi Chemistry Industry Co. Ltd.
• Fujian Sanmu Nano Calcium Carbonate Co. Ltd.
• Mittal Enterprises
• Shanghai Yaohua Nano-Tech Co. Ltd.
• Yuncheng Chemical Industrial Co. Ltd.
• NanoMaterials Technology Co. Ltd.