Global Carbonate Minerals Market
Carbonate Minerals Market Size And Forecast
According to Verified Market Research, Global Carbonate Minerals Market was valued at USD 10.42 Billion in 2018 and is projected to reach USD 15.97 Billion by 2026, growing at a CAGR of 5.5 % from 2019 to 2026.
Global Carbonate Minerals Market Outlook
Rapid industrialization is driving the growth of the carbonate minerals market. The flourishing construction industry is majorly contributing to the growth. Among various carbonate mineral, calcite is the most common, calcite is majorly used in construction material. Among regions, Asia Pacific is anticipated to grow at the fastest rate dominated by countries such as China and India. The trends such as an expansion of ens use industry production facilities, the lightweight trend of the automotive industry and the proliferation of carbonate mineral in the chemical and food processing industry are projected to fuel growth. However, the factor such as the availability of alternatives and high operational cost is hindering the growth of the market.
Global Carbonate Minerals Market Competitive Landscape
The Global Carbonate Minerals Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Mineral Technologies, IMERYS Carbonates, Magnesita Refractories, Maruo Calcium, Carmeuse Calcinor, Huber Engineered Materials, Lhoist North America, Provencale, Mississippi Lime Company, and Great Lakes Calcium Corporation.
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