Lime Market Forecasts to 2028 – Global Analysis By Product (Quick, Slaked), Application (Cement, Environment, Pulp & Paper), End User (Agriculture, Chemical) and By Geography
According to Stratistics MRC, the Global Lime Market is accounted for $42.66 billion in 2020 and is expected to reach $60.66 billion by 2028 growing at a CAGR of 4.5% during the forecast period. Rising demand from the mining & metallurgical sectors and the increasing focus on wastewater recycling are driving the market growth. However, increasing importance of lime alternatives is hampering the growth of the market.
Lime is basically a high-volume and low-cost commodity mineral that is prepared from limestone and mainly utilized as a chemical additive. It is a calcium-containing inorganic mineral composed of oxide and hydroxide compounds and is primarily alkaline in nature.
Based on the product, the quick lime segment is going to have lucrative growth during the forecast period as the addition of this type of product in the metal manufacturing process supports the separation of impurities by forming slag, which reduces the brittleness in steel and improves performance.
By geography, Asia Pacific is going to have high growth during the forecast period as Asia Pacific is the leading country producing many metal products such as steel, aluminum, and gold products. The region's dominance can be attributed to China, wherein the concentration of end-user industries is very high.
Some of the key players profiled in the Lime Market include Adelaide Brighton Limited, Boral Limited, Sibelco Australia Ltd, Omya Australia Pty Ltd., Lime Group Australia, Agricola Mining Pty Ltd., Calcimo Lime & Fertilizers Pty Ltd, Pete Lien & Sons, Inc., Mississippi Lime Company., Graymont Limited., Valley Minerals LLC., and Shandong Zhongxin Calcium Industry Co., Ltd.
• Slaked/Hydrated Lime
• Quick Lime
• Pulp & Paper
• Fertilizer & Sugar Production
End Users Covered:
• Chemical and Industrial
• Construction/Building Material
• Waste-Water Treatment
• Mining and Metallurgy
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Competitive Benchmarking
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