Lime Manufacturing in the US - Industry Market Research Report

Lime Manufacturing in the US - Industry Market Research Report

Lime Manufacturing in the US

Over the past five years, declining demand from metallurgical industries and other key markets amid the COVID-19 pandemic and heightened competition brought difficulties to the Lime Manufacturing industry. While the expansion of the environmental market tempered losses for lime manufacturers, falling production volumes from the pandemic brought revenue losses in 2020. Recovering production helped fuel recovery for manufacturers, but lingering challenges are bringing another dip in revenue in 2023. Industry-wide revenue has been sinking at a CAGR of 0.8% over the past five years and is expected to total $2.8 billion in 2023, when revenue will likely fall an estimated 4.7%.

The Lime Manufacturing industry comprises operators that manufacture lime from calcitic limestone, dolomitic limestone or other calcareous materials, such as coral, chalk and shells. Lime manufacturing operators may mine, quarry, collect or purchase the sources of calcium carbonate.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.