Carbonate Market
                     Carbonate Market is expected to witness a substantial rise in the coming future, and register a
significant CAGR over the forecast period
Market Overview
Carbonates are diester derivatives of carbonic acid or carbon dioxide, formed through condensation 
with hydroxyl compounds. The inorganic carbonates are salts of carbonic acid containing carbonate 
ions, as well as ions of metals such as calcium or sodium. Inorganic carbonates are key constituents 
in dolomites and limestone, and also consist of hard parts of marine invertebrates. The most 
common types of carbonates that have industrial applications are potassium carbonate (K2CO3), 
iron carbonate (Fe2CO3), calcium carbonate (CaCO3), and sodium carbonate (Na2CO3). These 
carbonates are widely used in end use industries such as dyes and pigments, paints and coatings, 
food manufacturing, paper and pulp, detergents and cleaners, adhesives and sealants, and glass and 
ceramics among others.
Market Dynamics
The demand for carbonates is driven by industrial applications such as ceramics, detergents, 
smelting, and cement among several others. Moreover, increasing demand for calcium carbonates 
from the paper and pulp industry are propelling growth of the market. Rapidly expanding sectors 
such as building and construction and automotive are also expected to facilitate demand for 
carbonates over the forecast period.
Market Outlook
Asia Pacific has exhibited highest growth in the past few years, and the trend is projected to 
continue over the forecast period owing to a rise in demand for carbonates from several end use 
sectors. Additionally, the region is witnessing rapid industrialization due to presence of several key 
players, and growth in consumer demand from emerging economies such as India and China. In 
other parts of the world, countries such as Brazil and South Africa are expected to generate high 
demand for carbonates.
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Major Keyplayers: Omya Group, Huber Engineering Materials, Franklin Minerals, and Imerys 
S.Apresence among several others.
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