Calcium Carbonate, commonly known as Limestone or CaCO3, is a white, odorless substance obtained from rocks naturally. It is insoluble in water and is a carbonic salt of calcium. Some minerals associated with calcium carbonate are calcite, vaterite, and aragonite.
Calcium Carbonate is obtained chemically by combining quicklime and water to produce calcium hydroxide (Ca(OH)2), which is again treated with carbon dioxide to form calcium carbonate, a salt of calcium. This process must be conducted under fine surveillance as excess carbon dioxide passing can cause calcium hydrogen carbonate formulation instead of limestone. Its melting and boiling points are around 825° C and 899° C, respectively. It is a salt of a strong base and is not acidic by nature.
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The key importing countries associated with limestone are the United States, the United Kingdom, and India. On the other hand, the key exporting countries for the same are India, Bhutan, and Vietnam.
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 Prices 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 Prices chart, including India Calcium Carbonate Prices, USA Calcium Carbonate Prices, 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 Calcium Carbonate Price Trend:
Limestone has a widespread application while being associated with various industry domains. It acts as a dietary supplement and replaces food with less calcium content. It is an antacid prescribed by the pharmaceutical sector to treat stomach upsets. Calcium carbonate is a compound used to treat acidic soil in agricultural fields.
Commercially, limestone is used in the purification of iron from iron ores and the refining of sugar. It also acts as a scrubbing agent in cleaning powders and is used by manufacturers of cleaning products. Its involvement can be seen in construction industries as the material possesses key features such as thermal resistance, high strength, great durability, and corrosion resistance, making it the best construction material.
Limestone is utilized in wastewater treatment, large-scale production of caustic soda, paper, and pulp industries, agricultural industries, plastic manufacturing industries, and steel manufacturing industries.
Key Players:
- Gulf Cryo
- Linde
- Praxair Technology Inc.
- SINOPEC
- Chengdu Xinju Chemical Co. Ltd.
- BASF SE
News & Recent Development
- Date: 11 January 2023– Holcium, a construction material company, acquired Italian Calcium Carbonate supplier Nicem Srl. The company dealt with supplying ground calcium carbonate.
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