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In 2022, the worldwide lime market was estimated to be worth $40.09 billion. The market is anticipated to increase at a CAGR of 4.7% from 2022-2030, going from $40.97 billion to $49.17 billion. Demand is lower than expected across all regions compared to pre-epidemic levels due to the unprecedented and staggering global COVID-19 pandemic. Our research shows that international sales fell by 3.0% in 2022 compared to 2021.
Calcined limestone or chalk yields lime, a multipurpose chemical compound often known as quicklime or burnt lime. It's used for a wide range of things, from farming to building to making metal to making chemicals to cleaning up the environment. Lime is commonly used as a soil amendment in agriculture to reduce acidity in the soil and increase crop yields. Lime increases the soil's pH, making it more conducive to plant growth and maximising the benefits of fertilisers. It helps maintain soil structure, holds in moisture, and provides nutrients.
Lime has many different uses in the building sector. Cement, used in the creation of structures, infrastructure, and even highways, is made from this. Mortar and plaster, which rely on lime for their strength and longevity, are also used in building. Bricks, glass, and steel are all made with the help of lime-based goods.
Lime, mined from limestone, is a low-priced commodity mineral used mostly in the chemical industry. Lime is rich in calcium compounds and has a generally alkaline pH. Crushing, milling, heating, and adding water are only few of the methods used to produce lime. How it's done depends on the task at hand and the desired outcome. The Lime cycle describes the transformation of unrefined limestone into Lime. Rapid urbanisation has been occurring in recent decades. Because of this accelerated urbanisation, there is a pressing need for new and improved infrastructure. Furthermore, new construction activities in developing countries are bolstered by the growing middle class and its disposable income. These elements are crucial to the expansion of the Lime Market. As a result, governments and businesses on a global scale have stepped in to improve infrastructure and expand exports to neighbouring countries.
Lime has proven to be a useful chemical, and its use has spread across a wide range of industries. High demand is coming not just from the metallurgical business, but also from the chemical and manufacturing sectors. Several essential compounds, including sodium alkali, propylene glycol, calcium carbide, and cyanamide, are produced using this product in the chemical industry. Citric acid, magnesium, and calcium magnesium acetate all rely on it in various production processes. Citrates, stearates, caseinates, phenolates, nitrates, and glycerin are all produced from it.
Recent years have seen a dramatic increase in the demand for steel products as governments in nations like China, India, South Africa, and Brazil work to construct sturdy infrastructure and adequate housing for their growing populations. Steel production increased from 1.61 billion metric tonnes in 2016 to 1.87 billion metric tonnes in 2019, a CAGR of 5.2%. This is according to the World Steel Association. As a result, rising steel output is one of the primary forces propelling the industry forward. The WHO predicts that by 2025, half of the global population would be residing in water-scarce regions. Diarrhoea, dysentery, cholera, and typhoid are all spread widely through ingesting contaminated water. According to the World Health Organisation (WHO), approximately 470,000 fatalities a year can be attributed to unsafe drinking water. Therefore, governments and organisations like the United Nations and the United States Environmental Protection Agency have mandated a legal framework regulating the quality criteria for drinking water to lessen the impact of pollution. In addition, businesses have a responsibility to monitor their waste disposal methods in order to lessen their negative effects on the natural world.
In the production of lime, calcium carbonate is heated to produce calcium oxide and carbon dioxide. The process's byproduct of carbon dioxide (CO2) is a greenhouse gas that contributes to global warming and a host of other disasters. Additionally, the production process uses a lot of energy, which contributes to the sector's overall carbon footprint. Even brief contact with carbon dioxide can cause sickness, headache, and tiredness. In addition, prolonged exposure can cause erratic breathing, disorientation, hypertension, arrhythmia, and even death from asphyxia. Because of these risks to human and environmental health, consumers have increasingly looked for calcium hydroxide alternatives.
Report Coverage
Global Lime research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Lime report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Lime competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Lime market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Lime market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Lime market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Adelaide Brighton Limited, Boral Limited, Sibelco Ltd., Wagners, Lime Group Australia, Shandong Zhongxin Calcium Industry Co., Ltd., Shanxi Jianqiang Active Lime Maufacturing Co., Valley Minerals LLC, Graymont Limited, Mississippi Lime Company, Pete Lien & Sons, Inc., Linwood Mining & Minerals Corp., Lhoist, Cheney Lime & Cement Company, United States Lime & Minerals Inc. and Carmeuse, among others.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Lime market based on the below-mentioned segments:
Global Lime Market, By Type
Quick Lime
Hydrated Lime
Global Lime market, By Application
Agriculture
Building Material
Mining & Metallurgy
Water Treatment
Others
Global Lime Market, By End User
Chemical Intermediates
Metallurgical
Construction & Environment
Agriculture
Glass
Paper & Pulp
Others
Global Lime market, Regional Analysis
Calcined limestone or chalk yields lime, a multipurpose chemical compound often known as quicklime or burnt lime. It's used for a wide range of things, from farming to building to making metal to making chemicals to cleaning up the environment. Lime is commonly used as a soil amendment in agriculture to reduce acidity in the soil and increase crop yields. Lime increases the soil's pH, making it more conducive to plant growth and maximising the benefits of fertilisers. It helps maintain soil structure, holds in moisture, and provides nutrients.
Lime has many different uses in the building sector. Cement, used in the creation of structures, infrastructure, and even highways, is made from this. Mortar and plaster, which rely on lime for their strength and longevity, are also used in building. Bricks, glass, and steel are all made with the help of lime-based goods.
Lime, mined from limestone, is a low-priced commodity mineral used mostly in the chemical industry. Lime is rich in calcium compounds and has a generally alkaline pH. Crushing, milling, heating, and adding water are only few of the methods used to produce lime. How it's done depends on the task at hand and the desired outcome. The Lime cycle describes the transformation of unrefined limestone into Lime. Rapid urbanisation has been occurring in recent decades. Because of this accelerated urbanisation, there is a pressing need for new and improved infrastructure. Furthermore, new construction activities in developing countries are bolstered by the growing middle class and its disposable income. These elements are crucial to the expansion of the Lime Market. As a result, governments and businesses on a global scale have stepped in to improve infrastructure and expand exports to neighbouring countries.
Lime has proven to be a useful chemical, and its use has spread across a wide range of industries. High demand is coming not just from the metallurgical business, but also from the chemical and manufacturing sectors. Several essential compounds, including sodium alkali, propylene glycol, calcium carbide, and cyanamide, are produced using this product in the chemical industry. Citric acid, magnesium, and calcium magnesium acetate all rely on it in various production processes. Citrates, stearates, caseinates, phenolates, nitrates, and glycerin are all produced from it.
Recent years have seen a dramatic increase in the demand for steel products as governments in nations like China, India, South Africa, and Brazil work to construct sturdy infrastructure and adequate housing for their growing populations. Steel production increased from 1.61 billion metric tonnes in 2016 to 1.87 billion metric tonnes in 2019, a CAGR of 5.2%. This is according to the World Steel Association. As a result, rising steel output is one of the primary forces propelling the industry forward. The WHO predicts that by 2025, half of the global population would be residing in water-scarce regions. Diarrhoea, dysentery, cholera, and typhoid are all spread widely through ingesting contaminated water. According to the World Health Organisation (WHO), approximately 470,000 fatalities a year can be attributed to unsafe drinking water. Therefore, governments and organisations like the United Nations and the United States Environmental Protection Agency have mandated a legal framework regulating the quality criteria for drinking water to lessen the impact of pollution. In addition, businesses have a responsibility to monitor their waste disposal methods in order to lessen their negative effects on the natural world.
In the production of lime, calcium carbonate is heated to produce calcium oxide and carbon dioxide. The process's byproduct of carbon dioxide (CO2) is a greenhouse gas that contributes to global warming and a host of other disasters. Additionally, the production process uses a lot of energy, which contributes to the sector's overall carbon footprint. Even brief contact with carbon dioxide can cause sickness, headache, and tiredness. In addition, prolonged exposure can cause erratic breathing, disorientation, hypertension, arrhythmia, and even death from asphyxia. Because of these risks to human and environmental health, consumers have increasingly looked for calcium hydroxide alternatives.
Report Coverage
Global Lime research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Lime report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Lime competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Lime market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Adelaide Brighton Limited, Boral Limited, Sibelco Ltd., Wagners, Lime Group Australia, Shandong Zhongxin Calcium Industry Co., Ltd., Shanxi Jianqiang Active Lime Maufacturing Co., Valley Minerals LLC, Graymont Limited, Mississippi Lime Company, Pete Lien & Sons, Inc., Linwood Mining & Minerals Corp., Lhoist, Cheney Lime & Cement Company, United States Lime & Minerals Inc. and Carmeuse, among others. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Lime Market from 2021 to 2030.
- Market Forecast for Lime Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Lime competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Lime
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Lime market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Lime market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Adelaide Brighton Limited, Boral Limited, Sibelco Ltd., Wagners, Lime Group Australia, Shandong Zhongxin Calcium Industry Co., Ltd., Shanxi Jianqiang Active Lime Maufacturing Co., Valley Minerals LLC, Graymont Limited, Mississippi Lime Company, Pete Lien & Sons, Inc., Linwood Mining & Minerals Corp., Lhoist, Cheney Lime & Cement Company, United States Lime & Minerals Inc. and Carmeuse, among others.
Primary Target Market
- Market Players of Lime
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Lime market based on the below-mentioned segments:
Global Lime Market, By Type
Quick Lime
Hydrated Lime
Global Lime market, By Application
Agriculture
Building Material
Mining & Metallurgy
Water Treatment
Others
Global Lime Market, By End User
Chemical Intermediates
Metallurgical
Construction & Environment
Agriculture
Glass
Paper & Pulp
Others
Global Lime market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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