PUBLISHER: Value Market Research | PRODUCT CODE: 1547493
PUBLISHER: Value Market Research | PRODUCT CODE: 1547493
The global demand for Lime Market is presumed to reach the market size of nearly USD 110.25 Billion by 2032 from USD 65.53 Billion in 2023 with a CAGR of 5.95% under the study period 2024-2032.
Lime is the commonly used name for calcium oxide, a chemical compound found abundantly. It is white in color, crystalline, alkaline, and caustic in nature. Generally, the 'lime' word is used for the calcium-containing inorganic compounds like carbonates, sulfates, hydroxides, and oxides. It is generally made up of the thermal decomposition of seashells and limestones containing calcium carbonate. This process is called calcination. Quicklime is used in Basic Oxygen Steelmaking (BOS), making aerated concrete blocks & cement, and treatment of water. Solid lime cartridges use the exothermic properties of quicklime to break rocks in the mines.
There has been an increase in the production and extraction of minerals in the last decade. The increasing demand for carbonates, sulphates, and oxides of calcium from various industries is likely to boost the market growth. The extensive use of Lime in metallurgy for eliminating the impurities is augmenting the demand for Lime. Additionally, the demand for calcium carbonate for the production of paints, plastic, paper, and calcium-based tablets and supplements is also expected to foster market growth. However, the negative effects on the wildlife habitat due to quarrying are expected to hinder the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Lime. The growth and trends of Lime industry provide a holistic approach to this study.
This section of the Lime market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Lime market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Lime market include GP Group, Sigma Minerals Ltd., Lhoist, Carmeuse, Graymont, Cheney Lime & Cement Company, Linwood Mining & Minerals Corporation, Pete Lien & Sons Inc., Cape Lime (Pty) Ltd., Valley Minerals LLC, United States Lime & Minerals Inc., Cornish Lime, Nordkalk Corporation, Minerals Technologies Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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