The global nano calcium carbonate market to grow at a CAGR of 8.80% during the period 2017-2021.
Global Nano Calcium Carbonate Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
According to the report, one of the major drivers for this market is Increasing economy of APAC. APAC is the leading and growing geographical segment of the global nano calcium carbonate market. The economic growth and rising disposable income of consumers and the industrialization and economic development in emerging countries such as India, Japan, and China are the key drivers for the growth of the nano calcium carbonate market in APAC.
The flourishing paints and coatings industry is fueling the development of the global nano calcium carbonate market in this region. The developing building and construction industry will accelerate the growth of the nano calcium carbonate market in APAC.
The latest trend gaining momentum in the market is Growing demand from pharmaceutical industry. The rising consumption of nano calcium carbonate in the pharmaceutical and paints and coatings industries is expected to increase its demand during the forecast period. The versatile properties of nano calcium carbonate make it suitable for use in many end-use industries. It is considered as non-toxic as per the Food and Drug Administration.
Therefore, it can be used as an additive in food and as a direct or indirect ingredient in pharmaceutical applications. Substantial growth in pharmaceuticals is one of the driving factors for the growth of the global nano calcium carbonate market.
Further, the report states that one of the major factors hindering the growth of this market is Reducing sources of limestone. Limestone is one of the economic sources available to manufacture calcium carbonate. Some of the limestone reserves can yield as high as 98%-99% of calcium carbonate. Limestone reserves are highly concentrated in North America, especially in the US. The major consumers of nano calcium carbonate are located away from the reserves of limestone.
Hence, limestone mining is considered a costly process by the nano calcium carbonate manufacturers. In addition, the rising environmental concerns, as well as the public concerns toward limestone mining due to increasing noise and air pollution are hindering the market growth. Suppliers are forced to bear the compliance costs to carry out the mining operations.
- FUJIAN SANMU NANO CALCIUM CARBONATE
- Minerals Technologies
- Shanghai Yaohua Nano-Tech
Other prominent vendors
- 20 MICRONS
- Cales de Llierca
- Nagase America
- SkySpring Nanomaterials
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation By Application
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/bhrxf2/global_nano
Research and Markets
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