What is Precipitated Calcium Carbonate (PCC) - Global Market?
Precipitated Calcium Carbonate (PCC) is a versatile chemical compound used in a variety of industries worldwide. It's a white, powdery substance that's derived from limestone and is primarily used as a filler in a range of products, from paper and plastics to paints and coatings. The global market for PCC is a dynamic and evolving one, with a value of US$ 3849.8 million in 2022. It's projected to grow at a steady pace, reaching an estimated value of US$ 4621.6 million by 2029. This represents a compound annual growth rate (CAGR) of 2.6% from 2023 to 2029.
Pharmaceutical Grade, Industrial Grade in the Precipitated Calcium Carbonate (PCC) - Global Market:
The PCC market is dominated by a handful of key players, with the top four manufacturers holding a combined market share of over 25%. This indicates a high level of concentration in the market, with these leading companies playing a pivotal role in shaping the industry's trends and dynamics.
Paper Industry, Plastic Industry, Paints & Coatings Industry, Adhesives & Sealants, Other in the Precipitated Calcium Carbonate (PCC) - Global Market:
In terms of product types, the Industrial Grade PCC is the most widely used, accounting for about 98% of the total market. This is largely due to its extensive application in various industries, including paper, plastics, paints and coatings, adhesives and sealants, among others.
Precipitated Calcium Carbonate (PCC) - Global Market Outlook:
The use of PCC in the paper industry is particularly noteworthy. It's used as a filler to give the paper a smooth surface and enhance its brightness, opacity, and ink receptivity. In the plastics industry, PCC is used to improve the physical properties of products, such as their hardness, toughness, and dimensional stability. It's also used in the production of paints and coatings, where it serves as an extender, reducing the amount of expensive pigments required. In the adhesives and sealants industry, PCC is used to enhance the performance and durability of products. Other applications of PCC include its use in the construction industry, where it's used as a building material, and in the pharmaceutical industry, where it's used as an antacid.
| Report Metric | Details |
| Report Name | Precipitated Calcium Carbonate (PCC) - Market |
| Forecasted market size in 2029 | US$ 4621.6 million |
| CAGR | 2.6% |
| Forecasted years | 2023 - 2029 |
| Global Precipitated Calcium Carbonate (PCC) market, by region: |
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| Global Precipitated Calcium Carbonate (PCC) market, Segment by Type: |
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| Global Precipitated Calcium Carbonate (PCC) market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
