Carbonates are in high demand because to industrial uses such as ceramics, detergents, smelting, and cement, among others. Furthermore, rising demand for calcium carbonates from the paper and pulp industries is fuelling market expansion. However, market expansion may be hampered by health risks connected with carbonate handling. Furthermore, rigorous rules governing effective wastewater treatment may impact demand for sodium carbonates, stifling growth in the worldwide carbonates market. In the past, Asia Pacific has seen the most growth. The trend is expected to continue during the projection period due to increased demand for carbonates from a variety of end-use sectors.
Prominent Players in the Carbonates Industry:
1. Omya Group
Omya is a leading global producer of industrial minerals – mainly derived from calcium carbonate, dolomite and perlite – and a worldwide distributor of specialty chemicals. . Founded in 1884 in Switzerland, Omya has a global presence extending to more than 160 locations in over 50 countries with 9,000 employees.
2. Huber Engineering Materials
Huber Engineered Materials (HEM) is a global leader in industrial chemical manufacturing and is continuously innovating and transforming to exceed client expectations and industry standards. Headquartered Georgia, U.S., was founded in 1988. In In 14 Dec, 2015, a subsidiary of J.M. Huber Corporation, Huber Carbonates, LLC, announce to increase capacity at its ground calcium carbonate (GCC) operation in Marble Hill, Georgia. This is targeted for completion in 2016
3. Franklin Minerals
Franklin Mining Inc is engaged in the exploration, development, and mining of precious and non-ferrous metals, including gold, silver, lead, copper, and zinc. Its principal mining properties are Franklin Mines, located near Idaho Springs in clear creek country, Colorado, and the Franklin Mill, located on the site of Franklin Mines. The company was founded in 1976, headquartered in Boerne, U.S. In 24 July 2018, Minerals Technologies Inc. announced an agreement with Shouguang Meilun Paper Co., Ltd., a wholly owned subsidiary of Shandong Chenming Paper Holdings Ltd This agreement will help build a 150,000 metric ton per year satellite precipitated calcium carbonate plant at its paper mill in Shouguang, Shandong Province, China.
4. Imerys S.Apresence
Imerys manufactures and sells mineral-based specialty applications for multiple industries, including construction, renovation, iron and steel, and automotive. The company is organized into two segments. The Performance Minerals segment comprise three geographic business areas - Europe, Middle East and Africa, Americas and the Asia Pacific. The company was founded in 1880, headquartered in Paris, France. In 01 Feb 2018, Imerys acquired the consolidated calcium carbonates business of Vimal Microns and Vee Microns. The new entity operates under the name of Imerys Carbonates India Limited.
*Definition- Carbonates are carbonic acid or carbon dioxide diester derivatives produced by condensation with hydroxyl molecules. Inorganic carbonates are carbonic acid salts that contain carbonate ions as well as metal ions such as calcium or sodium.