CALCIUM CARBONATE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market News

Recent Development:

• In April 2023, Omya Inc., a prominent producer of calcium carbonate, announced its plan to invest US$ 25 million in its advanced calcium carbonate plant in Gujarat. This significant investment strives to expand the plant’s capacity and improve its overall efficiency, reinforcing Omya India’s dedication to delivering high-quality products to meet the growing demand. Omya is a leading global producer of industrial minerals, mainly fillers and pigments derived from calcium carbonate and dolomite. The company's major markets are forest products, polymers, building materials, and life sciences.
• In August 2022, Cimbar Resources Inc. announced the acquisition of U.S.-based Imerys Carbonate Inc. calcium carbonate manufacturing assets located in Arizona, U.S. This acquisition helped Cimbar Resources expand its product portfolio and facilitate its goal of providing customers with a wide range of products from multiple locations. Cimbar Resources Inc. is a company that specializes in the production and delivery of performance mineral solutions across multiple industries, including oil and gas exploration, electrical transmission and distribution, pipeline, renewable energy, petrochemical, construction.
• May 2022: Omya Inc. and its affiliates announced that it would increase prices on all calcium carbonate products by a minimum of 9%, effective November 1, 2022. This price increase is a result of cost escalation in energy, quarrying, and chemicals that the company experienced in the U.S. and Canada throughout 2022.