Global Lime Material Market - Forecasts from 2025 to 2030

Global Lime Material Market - Forecasts from 2025 to 2030

The global lime material market is expected to grow at a CAGR of 4.29%, reaching a market size of US$51.829 billion in 2030 from US$42.015 billion in 2025.

Lime is a calcium-containing inorganic mineral consisting of both hydroxides and oxides. It is sometimes referred to as calcium oxide, and limestone materials are burned extensively to create it. It can be obtained from coal seam fires as well. The mineral is very well-liked in the mining, water treatment, building, and agricultural industries. It has been included in building methods and construction projects for thousands of years.

The material's many qualities, including toughness, durability, and water resistance, make it highly beneficial for a wide range of industrial applications. Cohesion, air content, adhesion, setting time, bond strength, water content, and resistance to sulfates are only a few of the many intricate and varied properties of lime. The degree of quality and characteristics vary depending on the stage of building and manufacturing as well as the source of the lime element. The market is largely fragmented, and regional companies are essential to the entire market’s expansion.

Global lime material market drivers

Construction is contributing significantly to the economy of the United States. According to data, there were 919 thousand construction enterprises in the United States in 2023. Lime material has been used in this sector for centuries in constructing and developing masonry mortars. Buildings demonstrate vast and exponential strength as well as water resistance, particularly when lime mortar is used. The substance is frequently utilized in creating plasters, enhancing their robustness, longevity, and general durability. Hydrated lime is extensively popular in the construction industry as it is utilized in building earthen dams and airfields, stabilizing soil, and other things. The engineering characteristics and attributes of the soil, particularly its workability and threshold, are improved and altered by hydrated lime.

This material also enhances the impermeability of soil. For arid, damp, and wet soil, fast lime has significantly influenced the building industry, aside from hydrated lime. This contributes to the improvement and enlargement of the work surface. The way lime affects the soil has changed significantly over the last several years. Lime enhances clay soil's general stability and modifies its ability to retain moisture. The soil is useful for building and construction operations; however, some actions and processes must be followed to guarantee that its lifespan and shear strength are improved. Moreover, the expansion of the building industry is predicted to result in a large increase in the lime material market worldwide.

Global lime material market geographical outlook
North America’s lime material market is anticipated to grow significantly.

Except for independent commercial hydrators, an estimated 17 million tonnes of quicklime and hydrated lime with a total projected value of $2.3 billion were produced in 2022 in the United States. 28 firms manufactured lime; 18 of them sold it commercially, while the remaining 10 produced it just for their use (such as sugar companies). In 28 States and Puerto Rico, these corporations operated 73 main lime plants or facilities that ran quicklime kilns.

About 79% of the lime produced in the United States in 2022 came from the five largest U.S. firms, which produced hydrated lime or quicklime in 22 states. The main states that produced lime were Texas, Ohio, Missouri, and Kentucky. The production of steel, chemical and industrial uses (such as fertilizer, glass, paper, pulp, and precipitated calcium carbonate, as well as sugar refining), flue gas treatment, construction, water treatment, and nonferrous metal mining were the main markets for lime, in decreasing order of consumption.

The Asia-Pacific region also holds a major market share and is anticipated to register significant growth during the forecast period.

China and India hold a major share of the market. In 2022, China maintained its position as the world's top producer of antimony, accounting for 55% of mine output worldwide. A plethora of companies are operating in China, and the market is expected to grow at a decent rate in the coming years.

Overall, the market growth in the Asia Pacific region is the rising demand for better and finer quality minerals in construction, mining, agriculture, and water treatment. The rise of the middle-class population in the region will also drive the overall market growth during the forecast period.

Reasons for buying this report:

Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

Historical data & forecasts from 2022 to 2030
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The global lime material market is segmented and analyzed as follows:

By Type

Hydrated Lime
Quick Lime

By Application

Water Treatment
Mining & Metallurgy
Building Material
Agriculture
Others

By Geography

North America
United States
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
United Kingdom
Germany
France
Italy
Spain
Rest of Europe
Middle East and Africa
Saudi Arabia
United Arab Emirates
Rest of the Middle East and Africa
Asia-Pacific
China
India
Japan
South Korea
Taiwan
Thailand
Indonesia
Rest of Asia-Pacific