Calcite Market to record USD 19.4 Billion by 2032, Says Global Market Insights inc.
Calcite Industry size is expected to register 5.1% CAGR between 2024 and 2032 propelled by extensive applications in industries like plastics, paints, coatings, and pharmaceuticals.
Selbyville, Delaware , July 04, 2024 (GLOBE NEWSWIRE) — Calcite Market is estimated to be valued at USD 19.4 billion by the end of 2032, as per a
Europe to emerge as a lucrative market
Europe calcite market is estimated to attain substantial valuation by 2032 due to increasing utilization in water treatment applications, where it helps in neutralizing acidic water and balancing pH levels effectively. Multiple researchers are exploring its potential in agricultural applications across the region for enhancing soil quality and aid in nutrient absorption. Moreover, European industries are widely integrating calcite into advanced water purification technologies to improve environmental sustainability and water quality standards. Rising attention of agricultural researchers on investigating the role in sustainable farming practices and anticipating broader applications for enhancing crop yields and soil health will add to the regional product uptake.
Calcite Market Participants
Some of the prominent calcite industry players include ASEC Company for Mining, Columbia River Carbonates, Esen Mikronize A.S, Golden Lime Public Co. Ltd., Gulshan Polyol Ltd., Imerys S. A., J. M. Huber Corporation, Jay Minerals, Minerals Technologies Inc., Longcliffe Quarries Ltd., Mississippi Lime Company, and Omya AG, among others. These market players are engaging in acquisitions and partnerships to bolster their global presence. For instance, in July 2022, Omya Inc., acquired MK Minerals’ agricultural prills assets. This strategic move helped integrate calcite resources for enabling Omya to expand its offerings for agricultural applications and meet the growing market demands effectively.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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