Key Insights into the Global Nano Calcium Carbonate Market | Technavio

LONDON–(BUSINESS WIRE)–#Research–The latest market research report by Technavio
on the global
nano calcium carbonate market predicts a CAGR of close to 9% during
the period 2017-2021.

The report segments the global nano calcium carbonate market by
application (plastics, rubber, and building and construction) and by
geography (APAC, EMEA, and the Americas). It provides a detailed
illustration of the major factors influencing the market, including
drivers, opportunities, trends, and industry-specific challenges.

Here are some key findings of the global nano calcium carbonate
market, according to Technavio chemicals
and materials researchers:

• Rising consumption in paints and coatings industry: a major market
  driver
• In 2016, the plastics segment of the global nano calcium carbonate
  market accounted for the highest share of around 32%.
• APAC has emerged as the largest regional market for nano calcium
  carbonate and accounted for the highest market share in 2016
• FUJIAN SANMU NANO CALCIUM CARBONATE, Imerys, Minerals Technologies,
  Omya, and Shanghai Yaohua Nano-Tech are the leading players in the
  market

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Rising consumption in the paints and coatings industry: a major
market driver

Rising consumption in paints and coatings industry is one of the major
factors driving the global nano
calcium carbonate market. The consumption of nano calcium carbonate
in the paints and coatings industry is expected to grow at a
considerable rate during the forecast period. Nano calcium carbonate is
used as an agent of the extender to improve the porosity and opacity of
coatings, paints, and inks. It helps to reduce the cost and improves the
quality by covering the surface in lithographic, gravure, silk screen
printing, and flexographic inks and is usually used as an extender for
titanium dioxide.

According to Kurva Samba Sivudu, a lead analyst at Technavio for
research on additives,
adhesives, and sealants, “Nano calcium carbonate acts as a
finishing aid in emulsion and latex paints. The fine range of particles
of nano calcium carbonate aid in the even distribution of the paint and
maximize the hiding power of titanium dioxide, particularly in paints
and coatings. The addition of white pigment helps improve the opacity
and reduces the cost. The thin and fine particle size aids in easy
distribution that provides superior coating finish. Stearic acid-coated
nano calcium carbonate grades are often used in hydrophilic coatings and
paints. They increase the compatibility, dispensability, and
hydrophobicity of solvent-based coatings. The increasing demand is
fueled by superior properties such as such as viscosity, anti-corrosion,
and weather resistance of the surfaces that are coated and painted.”

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Global nano calcium carbonate market by plastics: largest application
segment

According to Technavio researchers, the plastics segment of the global
nano calcium carbonate market accounted for the highest share of around
32% in 2016. The increasing use of nano calcium carbonate in the
plastics industry, which is used to modify the functional and structural
properties of the various grades of plastics, is driving the demand for
nano calcium carbonate. The demand for plastic products is increasing,
and plastics are extensively substituting several traditional materials
such as metal, wood, and glass. The use of nano calcium carbonate as an
inorganic mineral powder in high-grade plastics is increasing. This
helps reduce the raw material costs and improves the performance of
plastics. These factors will fuel the demand for nano calcium carbonate
in manufacturing high-grade plastics.

Competitive vendor landscape

The global nano
calcium carbonate market has the presence of several global players
in addition to regional and local players. The market is highly
competitive because it is dominated by large-scale global vendors such
as FUJIAN SANMU NANO CALCIUM CARBONATE, Imerys, Omya, Minerals
Technologies, and Shanghai Yaohua Nano-tech. These players have a wide
regional presence with huge production facilities. However, there are
many regional vendors with a significant share of the market. These
global majors cater to sectors such as paper, plastics, paints and
coatings, adhesives, and sealants. The major players compete based on
price, quality of the products, and technological advances.

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