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

Market Challenges And Opportunities

Global Nano Calcium Carbonate Market- Drivers

• Growing demand from paper industry: The paper industry has been one of the major end-use sectors of nano calcium carbonate over the past few years. Nano calcium carbonate is used as a filler and coating material in the paper manufacturing process. It helps to improve the opacity and brightness of paper when used in appropriate quantities. Moreover, nano calcium carbonate enhances the smoothness and printability of paper surfaces. With rising incomes and growth in literacy rates in developing economies, the demand for printing and writing paper has increased steadily. Various grades of paper such as copy paper, newspaper, magazines, packaging paper, and others are in high demand. The paper industry is constantly striving to improve the quality of paper products and reduce production costs. Nano calcium carbonate with its unique properties helps the industry to manufacture better quality paper using lesser amount of materials. It allows higher loading levels and provides comparable or superior optical properties at lower dosage compared to conventional fillers. This has fueled the adoption of nano calcium carbonate by major paper manufacturers. Another key factor is the shift towards lightweight paper grades without compromising on strength and print quality requirements. Nano calcium carbonate facilitates this transition towards lightweight papers. Use of nano fillers enhances opacity, gloss and smoothness even at lower basis weights. This enables paper producers to develop innovative paper products. Growing environmental concerns have also boosted the use of nano calcium carbonate as it offers sustainability advantages over conventional fillers owing to its high performance at lower usage levels. The rising output of paper worldwide is bound to propel the consumption of nano calcium carbonate in the paper industry in the coming years. For instances, according to UNCTAD, the global e-commerce sales grew exponentially to around US$ 27 Trillion in 2021 and is estimated to touch over 35 trillion dollars by 2023.
• Expanding application scope in paints and coatings: The paints and coatings sector is emerging as a promising end-use area for nano calcium carbonate. Traditionally, conventional calcium carbonate has been used extensively as a filler in various paint and coating formulations to improve qualities like opacity, gloss, mechanical strength and durability. However, with advancements in nanotechnology, its nano-sized version is gaining popularity. Nano calcium carbonate exhibits a number of properties that make it attractive for paint and coatings. Its high surface area and reactivity allows for enhanced properties at lower inclusion rates as compared to micron-sized fillers. In architectural and decorative paints, nano calcium carbonate delivers better opacity, hiding power and coloring efficiency. This enables paint manufacturers to develop paints with improved performance yet at competitive prices. It finds application in automotive OEM and refinish paints where it provides characteristics like scratch resistance, weatherability and enhanced metallic effect. Moreover, with shifting environmental and consumer preferences, low VOC and waterborne paints have emerged as an industry trend. Nano calcium carbonate with its unique encapsulation technology assists paint formulators in developing next-gen sustainable paint systems. This widespread adoption of waterborne technologies boosts need for advanced pigment technologies like nano fillers. Regulatory push for greener products along with the benefits of utilizing nano calcium carbonate is expected to spur its incorporation in a diverse range of paint and coating types going forward. For instances, according to projections by the World Bank, in 2021,  global GDP is expected to rise by 4.1% in 2021 and 3.2% in 2022 after a 3.5% decline in 2020 due to the pandemic.

Global Nano Calcium Carbonate Market- Opportunities

• Emerging applications in healthcare sector: Emerging applications in the healthcare sector present a major opportunity for growth of nano calcium carbonate market. Calcium carbonate nanoparticles are increasingly being used in drug delivery and biomedical applications due to their low toxicity, biocompatibility and biodegradability. These nanoparticles can enhance the efficiency of drug formulations by improving drug solubility, stability and bioavailability.  For example, according to a research article published in January 2023 issue by Journal of American Orthopaedic Association, a nano calcium carbonate composite coating on a trial hip implant led to complete bone growth and bonding within 3 months of surgery in a study of 20 patients, much quicker than the traditional 6-12 month period.
• Increased spending on infrastructure: Increased spending on infrastructure could provide significant opportunities for growth of nano calcium carbonate market. Government investments in upgrading and expanding transport, energy and water infrastructure networks boosts demand for nano calcium carbonate. As a multifunctional mineral filler and reinforcing pigment, nano calcium carbonate finds wide application in enhancing the strength, durability and performance of construction materials like cement, concrete and composites. With growing allocation towards developing resilient and sustainable infrastructure, the usage of nanominerals like calcium carbonate is expected to rise in this sector. For instance, nano calcium carbonate was shown to decrease the clinker content in cement by nearly 15% while maintaining performance, according to a study published in the Journal of Cleaner Production in 2021.