- Rising demand in the rubber sector is estimated to drive the nano calcium carbonate market further. This is in view of the use of nano calcium carbonate as a rubber re-strengthening agent. In the region of Asia Pacific, particularly in China, rubber sector is the largest consumer of the product. In this nation, the rubber sector occupies more than 40 percent of the worldwide retails volume.
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Nano calcium carbonate is deemed as a drop-by substitute for precipitated calcium carbonate. The product’s rising uses in the sectors of fabrics, paints, lubricants, epoxy resins, toothpastes, and inks are also projected to raise the sales of the nano calcium carbonate market in the seven years ahead. Inclination towards using ultra-fine calcium carbonate in place of precipitated calcium carbonate is a prime factor, affecting the market.
This trend would maintain consistency over the coming years. Augmented demand for nano PCC (nano precipitated calcium carbonate) in the production of lithographic inks is yet another important factor, impacting market growth. Nano PCC’s uncoated products are widely utilized in the dairy sector to reinforce cow’s and soy milk. This assists in augmenting the quality of drinks due to addition of necessary micro-nutrients.
Client consciousness regarding good health, and concerns with respect to healthy bones have influenced the producers of milk products to strengthen their drinks with ultra fine PCC. This vital trend has also led to increased nano calcium carbonate market revenues. Enhanced demand for phosphorous and calcium for healthy bones has also boosted the market in terms of revenue.
Amplified demand for nano calcium carbonate in the plastics, papers, and paints industries has become an important factor rousing further demand for the market. Demand for highly-effective fillers in bonding agents and gums has also provided product incomes. Asia Pacific is the biggest nano calcium carbonate market. North America and Europe follow the former. In Europe and North America, the sectors of papers and plastics are the biggest consumers of nano PCC.
Few of the various vital market participants include Maruo Calcium Co. Ltd., Solvay S.A., Omya AG, and Minerals Technologies Inc. They are engaged in promoting nano calcium carbonate and gaining significant shares.
Information Source: Grand View Research
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