Carbonate Minerals Market - Global Industry Analysis and Opportunity Assessment 2015

Global Carbonate
Minerals Market
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Report Description
Carbonates are the most widely distributed minerals in the Earth’s crust. The crystal
structure of many carbonates reflects the trigonal symmetry of the carbonate ion that is
composed of carbon atom centrally located in an equilateral triangle of oxygen atoms.
The anion group often is found in combination with sodium, calcium, iron, aluminium,
uranium and rare earth minerals among others. The carbonates are soft and soluble in
hydrochloric acid. There are almost 80 known carbonate minerals among which most of
them are rare minerals. The common varieties of carbonate minerals are dolomite,
calcite and aragonite among which calcite is the principal mineral of marble and
limestone. Dolomite is said to be a replacement of calcite in limestones.Aragonite occurs
in calcareous skeletons of shells of organisms. The other common carbonate minerals
such as rhodochrosite for manganese, siderite for iron and strontanite for strontium
among others serve as metal ores.
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The major applications of carbonates minerals are in glasses, light bulbs, ceramic tiles,
mugs, plates, paints, plastic wide goods, wooden flooring, salt, detergents, sugar, heating
elements among others. The main markets consuming carbonate minerals include
abrasives, foundry, absorbents, metallurgy, glass, ceramics, cement, paint, chemicals,
paper, plastics, oil well drilling, flame retardants, construction and filtration among
others. About 50% of paints are made up of minerals, ceramics contain up to 100%
minerals, and a family house contains about 400 tonnes of minerals.
Report Description
The major factor driving the carbonate minerals market includes the growing demand
from the chemical industry for manufacture of end use products such as cosmetics and
personal care products among others.In addition, the increasing use of minerals for
cement and paints in the building and construction industry is likely to boost the global
market. Rising demand from these sectors ultimately leads to fuel the demand for
carbonate minerals in the market.
The factor that would create opportunities for the carbonate minerals in the coming
years include construction market in the BRIC and Eastern Europe, the use of minerals in
improving the CO2 footprint and antipollution applications.
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The prices of minerals in the EU economy are influenced by factors such as source of
mineral, grade and end use of the mineral i.e. the quality of mineral, which is described
by desired end use, port handling, freight shipping, mineral inspection, warehousing and
storage and the relationship of buyer and seller.
The key segments for carbonate industry include North America, Europe, Asia Pacific and
Rest of the World (RoW). Asia Pacific is expected to be the largest consumer of carbonate
minerals owing to the large consumption form China for several applications in the
industrial sector. North America and Europe are also expected to fuel demand for
carbonate minerals in the near future.
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