Carbonate Procurement Research – Market Trends and Spend Analysis by SpendEdge

LONDON–(BUSINESS WIRE)–#carbonate–Global procurement intelligence advisory firm, SpendEdge,
has announced the release of their ‘Carbonate
Market Procurement Research Report.’ The insights and data in
this report provide a strategic analysis of the supply markets, factors
influencing purchasing decisions, procurement best practices, pricing
models, supplier landscape, and an analysis of the supplier capability
matrix for the chemicals
industry. This report breaks down the data and analysis behind
the procurement of carbonate and acts as an all-inclusive guide for
making smart purchasing decisions.

“The global demand for carbonates will be driven primarily by the
growth of industries such as construction, automobiles, and
electronics,” says SpendEdge procurement analyst Anil Seth. “The demand
for lithium carbonate is witnessing rapid growth owing to the fast-paced
growth of the rechargeable battery market, which is growing due to the
demand for electronic devices and electric vehicles globally,” added
Anil.

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Procurement analysts at SpendEdge highlight the following top three
market trends that are contributing to the growth of the Global
Carbonate Market:

• Substitution of titanium dioxide with PCC in emulsion paints and
  coatings
• Increasing adoption of calcium carbonate by the paper industry
• The global debate on the use of chlorine in meat and poultry industries

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Substitution of titanium dioxide with PCC in emulsion paints and
coatings:

Titanium dioxide is the most commonly used white pigment in paints and
coatings. The manufacturing of titanium dioxide is expensive, making it
one of the most expensive raw material in the manufacture of coatings
and paints. Hence, PCC is increasingly used in paints and coatings to
reduce titanium dioxide requirement, which, in turn, reduces the overall
cost associated with the production of paints. Moreover, the use of PPC
helps in improving properties such as scrub resistance and viscosity of
paints, thereby making it an ideal material to replace titanium dioxide.

Increasing adoption of calcium carbonate by paper industry:

Calcium carbonate is experiencing an increased adoption as a filler in
the manufacture of paper and paperboard in the form of PCC and GCC. It
is used as a replacement for costlier additives such as wood pulp and
kaolin. Moreover, the use of calcium carbonate instead of other
additives offers various benefits such as improved opacity, better
printability, and increased thickness of the paper.

Increasing competition among soda ash producers:

The demand for soda ash is growing globally, due to the high demand from
end-use industries such as the construction and automobile. However,
upcoming capacity additions and favorable government policies in major
soda ash-producing countries are leading to a growth in competition
among the global soda ash producers. The increase in competition and
supply will enable the buyers to procure soda ash at lower prices.

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Contacts

SpendEdge
Anirban Choudhury
Marketing Consultant
US: +1
630 984 7340
[email protected]