During H1 2023, the Asian Calcium Carbonate market witnessed mixed trends with stable supply-demand dynamics and slight price fluctuations. In Europe, Q1 performance was impacted by stocked inventories and limited downstream demand, causing prices to decline. Though Q2 showed slight improvement due to stock reduction and a recovering construction sector, market sentiments remained subdued. In North America, fluctuating demands, rising interest rates, and declining upstream costs contributed to oscillating price behavior throughout the specified period. Overall, the global Calcium Carbonate market faced diverse challenges and movements during the first half of 2023.
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Definition
Calcium Carbonate is a chemical compound with the formula CaCO3. It is a common mineral found in rocks and the main component of shells of marine organisms, snails, pearls, and eggshells. In its purest form, it appears as a white, odorless powder or crystal. Calcium Carbonate is widely used in various industries, such as construction, agriculture, pharmaceuticals, and manufacturing, as a filler, abrasive, dietary supplement, antacid, and as a source of calcium in various applications.
Key Details About the Calcium Carbonate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Calcium Carbonate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Calcium Carbonate Price chart, including India Calcium Carbonate price, USA Calcium Carbonate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Calcium Carbonate Price Trend:
Calcium Carbonate has several key industrial uses due to its versatile properties. In the construction industry, it is employed as a filler in concrete and asphalt, enhancing their strength and durability. In the manufacturing sector, it serves as a raw material for producing lime and cement. As a dietary supplement, it is used in the food and pharmaceutical industries to provide calcium. Additionally, it finds application as an abrasive in products like toothpaste and as a buffering agent in water treatment processes.
Key Players:
- BASF SE
- Gulf Cryo
- Linde
- Praxair Technology Inc.
- SINOPEC
- Chengdu Xinju Chemical Co. Ltd.
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