Others Segment is Expected to be Fastest Growing During 2021-2028 for MEA Region.
According to a new market research study on “MEA Calcium Carbonate Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Application,” is expected to reach US$ 1,666.05 million by 2028 from US$ 1,281.43 million in 2021. The market is estimated to grow at a CAGR of 3.8% from 2021 to 2028. The report provides trends prevailing in the MEA calcium carbonate market along with the drivers and restraints pertaining to the market growth.Rising demand for innovative products and burgeoning applications of calcium carbonate are the major factor driving the growth of the MEA calcium carbonate market. However, overpriced operational activities hinders the growth of MEA calcium carbonate market.
In case of COVID-19, 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 disruptions in supply chain and shutdown of manufacturing and assembly plants in MEA region; 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 Middle East and African 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 start of manufacturing and production activities again. So, the demand for calcium carbonate will increase as the market fundamentals will get return to normalcy.
The MEA calcium carbonate market is segmented into the type, application, and country. Based on type, the MEA calcium carbonate market is categorized into ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). In 2020, the ground calcium carbonate (GCC) segment is dominating the MEA calcium carbonate market attributable to lower price and better availability and precipitated calcium carbonate (PCC) segment is expected to be fastest growing during forecast period. Based on application, the MEA calcium carbonate market is categorized into paper, plastic, paints and coatings, adhesives and sealants, building and construction, and others. In 2020, the paper segment is dominating the MEA calcium carbonate market and others segment is expected to be fastest growing during forecast period.
Imerys S.A. J.M. Huber Corporation, LafargeHolcim, Minerals Technologies Inc. and Omya AG are among the leading companies in the MEA calcium carbonate market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Omya AG introduced a new functionalized calcium carbonate for use in biopolymers under the brand name, Omya Smartfill 55- OM. The new calcium carbonate is particularly used as filler material for polylactic acid (PLA) as this demonstrates almost no hydrolysis when processed at filler loads of up to 40%.
In case of COVID-19, 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 disruptions in supply chain and shutdown of manufacturing and assembly plants in MEA region; 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 Middle East and African 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 start of manufacturing and production activities again. So, the demand for calcium carbonate will increase as the market fundamentals will get return to normalcy.
The MEA calcium carbonate market is segmented into the type, application, and country. Based on type, the MEA calcium carbonate market is categorized into ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). In 2020, the ground calcium carbonate (GCC) segment is dominating the MEA calcium carbonate market attributable to lower price and better availability and precipitated calcium carbonate (PCC) segment is expected to be fastest growing during forecast period. Based on application, the MEA calcium carbonate market is categorized into paper, plastic, paints and coatings, adhesives and sealants, building and construction, and others. In 2020, the paper segment is dominating the MEA calcium carbonate market and others segment is expected to be fastest growing during forecast period.
Imerys S.A. J.M. Huber Corporation, LafargeHolcim, Minerals Technologies Inc. and Omya AG are among the leading companies in the MEA calcium carbonate market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Omya AG introduced a new functionalized calcium carbonate for use in biopolymers under the brand name, Omya Smartfill 55- OM. The new calcium carbonate is particularly used as filler material for polylactic acid (PLA) as this demonstrates almost no hydrolysis when processed at filler loads of up to 40%.
The report segments the MEA Calcium Carbonate Market as follows:
MEA Calcium Carbonate Market - By Type
- Ground Calcium Carbonate (GCC)
- Precipitated Calcium Carbonate (PCC)
MEA Calcium Carbonate Market - By Application
- Paper
- Plastic
- Paints and Coatings
- Adhesives and Sealants
- Building and Construction
- Others
MEA Calcium Carbonate Market - By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
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- Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region
Table of Contents
1. Introduction
3. Research Methodology
4. MEA Refrigerated Snacks Market Landscape
5. MEA Refrigerated Snacks Market - Key Market Dynamics
6. Refrigerated Snacks Products - MEA Market Analysis
7. MEA Refrigerated Snacks Market Analysis - By Type
8. MEA Refrigerated Snacks Market Analysis - By Distribution Channel
9. MEA Refrigerated Snacks Market - Country Analysis
10. Impact of COVID-19 Pandemic on MEA Refrigerated Snacks Market
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Danone S.A.
- General Mills Inc.
- Hormel Foods Corporation
- Mars Incorporated
- Mondelez International, Inc.
- Nestle S.A
- PepsiCo
- The Kraft Heinz Company
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 86 |
| Published | July 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 3158.9 Million |
| Forecasted Market Value ( USD | $ 4426.11 Million |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Africa, Middle East |
