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North American calcium carbonate market is estimated to grow at a CAGR of 3.4% during the forecast period. The major factors encouraging market growth include the rising paper and plastics industry and the growing construction industry in the region. As per the Plastics Industry Association, the total establishments of plastics manufacturing was 12,816 with an industry shipment valued at nearly $432 billion in 2019. As a mineral filler, calcium carbonate is extensively utilized in the plastics industry. As a plastics additive, calcium carbonate is 100% FDA approved, which supports versatility among applications in critical areas such as medical packaging, food packaging, and foodservice packaging markets.
Calcite Sales to Pick Up as Construction Activities Recover: Future Market Insights Report
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Calcite Sales to Pick Up as Construction Activities Recover: Future Market Insights Report
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NEW YORK, March 3, 2021 /PRNewswire/ Recessionary pressures in steel industry in 2019 and sudden deceleration in 2020 will weigh down refractories activity in 2021, however, firm construction sector recovery will limit downward trend finds the new edition of Refractories Market Study by consulting firm Fact.MR. The new edition of the study recalibrates previous estimates for COVID-19 impact, in tune with broader developments in end-use industries.
The downward trend in refractories mimics the developments in macro-industries. World ex-China BF output was down 13% in 9m-20, whereas EU, US, Japan down about 20%. India BF output was down 14%, with Korea and CIS down 6% and 2% y-o-y according to data from World Steel Association.
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Below Grade Waterproofing Membrane Market research report highlights the most important market insights that take business to the highest level of growth and success. The research, analysis and estimations about the market have been performed with the reliable knowledge in this industry analysis report. This market report focuses on important aspects of the market that include but are not limited to historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the Below Grade Waterproofing Membrane industry. Global Below Grade Waterproofing Membrane Market report helps to obtain information about all the above factors by giving actionable market insights and comprehensive market analysis.