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Middle East & Africa Calcium Carbonate Market Forecast to 2028 - COVID-19 Impact & Regional Analysis By Type & Application

Middle East & Africa Calcium Carbonate Market Forecast to 2028 - COVID-19 Impact & Regional Analysis By Type & Application

  • July 2021
  • 86 pages
  • ID: 6134676
  • Format: PDF
  • The Insight Partners

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The MEA calcium carbonate market is expected to grow from US$ 1,281.43 million in 2021 to US$ 1,666.05 million by 2028; it is estimated to grow at a CAGR of 3.8% from 2021 to 2028. The burgeoning applications of calcium carbonate is expected to surge the MEA calcium carbonate market. The microbially induced calcium carbonate precipitation (MICP) technique finds applications in the remediation of soil and water contaminated by heavy metals, as well as in the production of self-healing concrete (bioconcrete). In geotechnical and civil engineering applications, it can be employed as a sustainable and suitable option for improving the mechanical properties of soil. Being an environmentally friendly and economical methods, the demand for MICP is likely to increase in future, which provides lucrative growth opportunities for the MEA calcium carbonate market players. Calcium carbonate-based products are biodegradable and biocompatible. Calcium carbonate nanoparticles have potential application as drug carriers to target cancer tissues and cells. These potential applications of calcium carbonate, which are in research and development stages, are serving significant opportunities for the growth of the MEA calcium carbonate market in the future.
The MEA is highly affected, especially Saudi Arabia which has reported the highest number of COVID-19 cases in the MEA, followed by Turkey and the UAE.Chemicals & materials is one of the key industries experiencing severe disruptions due to interruptions in supply chain and shutdown of manufacturing and assembly plants in the MEA; this has hampered the global value chain, manufacturing processes, distribution schedules, and product sales.

As a result, several firms have already announced possible delays in product delivery and projected a reduction in future product revenues.Lockdowns imposed by governments in the MEA countries have led to the discontinuation of numerous chemicals & materials plants and construction activities in the region.

This has further lowered the demand for calcium carbonate.However, construction, paint and coatings and many other industries have started to recover with the restart of manufacturing and production activities.

So, the demand for calcium carbonate will increase as the market fundamentals will return to normalcy.
The others segment, based on application, is expected to be fastest growing during the forecast period in the MEA.Calcium carbonate is an ionic substance used as a calcium supplement or an antacid to treat heartburn, acid reflux, and sour stomach symptoms.

In the pharmaceutical sector, calcium carbonate is a frequent ingredient.Calcium carbonate is a dietary supplement that is used when the amount of calcium in the diet is insufficient.

The body requires calcium for strong bones, muscles, as well as for a healthy neurological system and a healthy heart.Calcium carbonate is used in toothpastes, creams and lotions, cosmetics, and powders, among other personal care products.

It is used as a pigment, a pigment extender, and a prolonger in cosmetics. It can be used as a whitener and an oil absorber. Calcium Carbonate absorbs moisture and is commonly used in face powders to boost the makeup’s capacity to absorb moisture. It also works well in foundations, primers, and finishing powders. Other than this, calcium carbonate is used in the preparation of animal and pet feeds, glass and ceramics, agriculture, rubber and elastomers and other such application bases. Therefore, the growing use of calcium carbonate for different applications is expected to escalate the MEA calcium carbonate market.
The overall MEA calcium carbonate market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the MEA calcium carbonate market.

The process also serves the purpose of obtaining overview and forecast for the MEA calcium carbonate market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the MEA calcium carbonate market. Imerys S.A., J.M. Huber Corporation, LafargeHolcim, Minerals Technologies Inc., and Omya AG are among a few players operating in the MEA calcium carbonate market.

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