The global Coated Ground Calcium Carbonate market was valued at USD 8.78 billion in 2022 and expected to grow at a CAGR of 4.5% during the forecast period.
Coated ground calcium carbonate (GCC) is a type of calcium carbonate that has been surface-treated with various coating materials to improve its properties such as whiteness, brightness, and dispersibility. It is commonly used as a filler material in various industries, including paper, plastics, rubber, paints and coatings, and construction. The coating material can be organic or inorganic and is chosen based on the application and the desired properties of the final product. Coated ground calcium carbonate can also be customized to meet specific end-user requirements, such as particle size, surface area, and coating thickness.
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The global coated ground calcium carbonate market is expected to experience significant growth over the forecast period of 2021 to 2028. The market growth is primarily driven by the increasing demand for the product in various end-use industries such as paper, plastic, paint, rubber, and others. The unique properties of coated ground calcium carbonate, such as its high brightness, whiteness, and particle size distribution, make it ideal for various applications. Moreover, the growing construction and automotive industries, coupled with the increasing demand for plastics, are expected to further propel the market growth.
On the other hand, the high cost of coated ground calcium carbonate, along with the availability of substitutes, is expected to hinder market growth to some extent. Additionally, stringent regulations and policies regarding the mining and processing of calcium carbonate are expected to pose a challenge to market growth. However, the increasing demand from emerging economies and the growing trend of sustainable and eco-friendly products are expected to provide lucrative opportunities for market growth in the coming years.
Based on the product type, the market is segmented into surface-treated and nano calcium carbonate. Among these, surface-treated calcium carbonate is expected to hold the largest market share owing to its widespread application in various end-use industries. Furthermore, based on the application, the paper segment is expected to hold the largest market share due to the increasing demand for coated ground calcium carbonate in paper manufacturing to improve paper quality and reduce production costs.
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