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Lime Market Forecasts to 2028 – Global Analysis By Product (Quick, Slaked), Application (Cement, Environment, Pulp & Paper), End User (Agriculture, Chemical) and By Geography

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from $4,150 200 Pages Stratistics Market Research Consulting July, 2022 SMR17330647
Best Price Guarantee
Price from $4,150
Length 200 Pages
Publisher Stratistics Market Research Consulting
Published Date July, 2022
SKU SMR17330647

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 $45.69 billion in 2022 and is expected to reach $59.50 billion by 2028 growing at a CAGR of 4.5% during the forecast period. 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.

In 2021, the estimated total global production of lime amounted to 430 million metric tons, up slightly from the previous year. The global production of lime has seen an overall increase since 2010, when the global production volume stood at 311 million metric tons. The three leading lime producing countries in the world as of 2021 were China, the United States, and India, with production volumes of 310 million metric tons, 17 million metric tons, and 16 million metric tons, respectively. Lime production in the U.S. has remained steady since 2012. In 2021, the U.S. produced an estimated 17 million metric tons of lime. U.S. lime consumption has also remained about the same since 2011. In 2021, the estimated consumption of lime in the U.S. was about 17 million metric tons.

Market Dynamics:

Driver:

Increasing demand from end use industries

There has been significant growth in the production of minerals across the globe in the recent past. This can be mainly attributed to the increasing demand for ferrous and non-ferrous metals from several end-use industries such as automotive, construction, shipping and fabrication, among others as lime is mainly used to eliminate impurities during the manufacturing process of iron, steel, alumina, gold, silver, copper and lead, among other metals.

Restraint:

High carbon footprint of lime

Lime is primarily manufactured from limestone, wherein it is heated to break from calcium carbonate to calcium oxide and carbon dioxide. The CO2 generated during the production process is one of the greenhouse gases that have led to several calamities and global warming while leading to drastic consequences. Furthermore, production is a highly energy-intensive process and adds to the industry's overall carbon footprint.

Opportunity:

The growing focus on wastewater recycling

There is growing concern about pollution caused by industries by way of harmful emissions and ineffective wastewater treatment. Countries such as the US and those in Western Europe are enforcing regulations on wastewater treatment and recycling among industries. Emerging countries such as India and China are also focusing on industrial water recycling to counter water scarcity and groundwater pollution.

Threat:

Storage concerns of lime

The absorption of moisture and presence of carbon dioxide in the atmosphere makes lime incompatible for use. Along with this, less storage time is a major challenge faced by manufacturers in the lime market as the physical and chemical characteristics of lime change when it is stored for more than six months.

The quick lime segment is expected to be the largest during the forecast period

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

The fertilizer & sugar production segment is expected to have the highest CAGR during the forecast period

Lime is added in agricultural applications to improve the pH of the soil to promote high crop yield. It further improves soil's physical structure by decreasing the surface crusting, improving water withholding capacity, and diminishing erosion. Treatment with calcium hydroxide helps the crops better negate climatic and environmental changes such as drought and floods by improving root penetration and water percolation.

Region with largest share:

Asia Pacific is projected to hold the largest market share 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.

Region with highest CAGR:

North America is projected to have the highest CAGR owing to the revival of the construction industry from global economic slowdown and expanding automotive and electrical & electronic industries. The primary reason behind the region's growth is the expansion of steel manufacturing to support the rejuvenating automotive industry.

Key players in the market:

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.

Key developments:

In May 2020: Lhoist North America received an additional permit approval from the Texas Commission on Environmental Quality for construction of a new energy efficient lime kiln at its New Braunfels, Texas facility.


In August 2019: Mississippi Lime Company completed acquisition of the Calera. The acquisition increased the company’s production facilities to nine locations, supported by a network of distribution sites throughout the country.

Products Covered:
• Slaked/Hydrated Lime
• Quick Lime

Applications Covered:
• Glass
• Cement
• Pulp & Paper
• Fertilizer & Sugar Production
• Environment

End Users Covered:
• Chemical and Industrial
• Construction/Building Material
• Waste-Water Treatment
• Agriculture
• Mining and Metallurgy

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
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 2020, 2021, 2022, 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Lime Market, By Product
5.1 Introduction
5.2 Slaked/Hydrated Lime
5.3 Quick Lime
6 Global Lime Market, By Application
6.1 Introduction
6.2 Glass
6.3 Cement
6.4 Pulp & Paper
6.5 Fertilizer & Sugar Production
6.6 Environment
6.6.1 Hazardous Wastes
6.6.2 Sludge
6.6.3 Flue Gas Desulfurization
6.6.4 Animal Waste
7 Global Lime Market, By End User
7.1 Introduction
7.2 Chemical and Industrial
7.3 Construction/Building Material
7.4 Waste-Water Treatment
7.5 Agriculture
7.6 Mining and Metallurgy
7.6.1 Nonferrous Metal
7.6.2 Steel
7.6.3 Iron
8 Global Lime Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Adelaide Brighton Limited
10.2 Boral Limited
10.3 Sibelco Australia Ltd
10.4 Omya Australia Pty Ltd.
10.5 Lime Group Australia
10.6 Agricola Mining Pty Ltd.
10.7 Calcimo Lime & Fertilizers Pty Ltd
10.8 Pete Lien & Sons, Inc.
10.9 Mississippi Lime Company.
10.10 Graymont Limited.
10.11 Valley Minerals LLC.
10.12 Shandong Zhongxin Calcium Industry Co., Ltd.
List of Tables
Table 1 Global Lime Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Lime Market Outlook, By Product (2020-2028) ($MN)
Table 3 Global Lime Market Outlook, By Slaked/Hydrated Lime (2020-2028) ($MN)
Table 4 Global Lime Market Outlook, By Quick Lime (2020-2028) ($MN)
Table 5 Global Lime Market Outlook, By Application (2020-2028) ($MN)
Table 6 Global Lime Market Outlook, By Glass (2020-2028) ($MN)
Table 7 Global Lime Market Outlook, By Cement (2020-2028) ($MN)
Table 8 Global Lime Market Outlook, By Pulp & Paper (2020-2028) ($MN)
Table 9 Global Lime Market Outlook, By Fertilizer & Sugar Production (2020-2028) ($MN)
Table 10 Global Lime Market Outlook, By Environment (2020-2028) ($MN)
Table 11 Global Lime Market Outlook, By Hazardous Wastes (2020-2028) ($MN)
Table 12 Global Lime Market Outlook, By Sludge (2020-2028) ($MN)
Table 13 Global Lime Market Outlook, By Flue Gas Desulfurization (2020-2028) ($MN)
Table 14 Global Lime Market Outlook, By Animal Waste (2020-2028) ($MN)
Table 15 Global Lime Market Outlook, By End User (2020-2028) ($MN)
Table 16 Global Lime Market Outlook, By Chemical and Industrial (2020-2028) ($MN)
Table 17 Global Lime Market Outlook, By Construction/Building Material (2020-2028) ($MN)
Table 18 Global Lime Market Outlook, By Waste-Water Treatment (2020-2028) ($MN)
Table 19 Global Lime Market Outlook, By Agriculture (2020-2028) ($MN)
Table 20 Global Lime Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
Table 21 Global Lime Market Outlook, By Nonferrous Metal (2020-2028) ($MN)
Table 22 Global Lime Market Outlook, By Steel (2020-2028) ($MN)
Table 23 Global Lime Market Outlook, By Iron (2020-2028) ($MN)
Table 24 North America Lime Market Outlook, By Country (2020-2028) ($MN)
Table 25 North America Lime Market Outlook, By Product (2020-2028) ($MN)
Table 26 North America Lime Market Outlook, By Slaked/Hydrated Lime (2020-2028) ($MN)
Table 27 North America Lime Market Outlook, By Quick Lime (2020-2028) ($MN)
Table 28 North America Lime Market Outlook, By Application (2020-2028) ($MN)
Table 29 North America Lime Market Outlook, By Glass (2020-2028) ($MN)
Table 30 North America Lime Market Outlook, By Cement (2020-2028) ($MN)
Table 31 North America Lime Market Outlook, By Pulp & Paper (2020-2028) ($MN)
Table 32 North America Lime Market Outlook, By Fertilizer & Sugar Production (2020-2028) ($MN)
Table 33 North America Lime Market Outlook, By Environment (2020-2028) ($MN)
Table 34 North America Lime Market Outlook, By Hazardous Wastes (2020-2028) ($MN)
Table 35 North America Lime Market Outlook, By Sludge (2020-2028) ($MN)
Table 36 North America Lime Market Outlook, By Flue Gas Desulfurization (2020-2028) ($MN)
Table 37 North America Lime Market Outlook, By Animal Waste (2020-2028) ($MN)
Table 38 North America Lime Market Outlook, By End User (2020-2028) ($MN)
Table 39 North America Lime Market Outlook, By Chemical and Industrial (2020-2028) ($MN)
Table 40 North America Lime Market Outlook, By Construction/Building Material (2020-2028) ($MN)
Table 41 North America Lime Market Outlook, By Waste-Water Treatment (2020-2028) ($MN)
Table 42 North America Lime Market Outlook, By Agriculture (2020-2028) ($MN)
Table 43 North America Lime Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
Table 44 North America Lime Market Outlook, By Nonferrous Metal (2020-2028) ($MN)
Table 45 North America Lime Market Outlook, By Steel (2020-2028) ($MN)
Table 46 North America Lime Market Outlook, By Iron (2020-2028) ($MN)
Table 47 Europe Lime Market Outlook, By Country (2020-2028) ($MN)
Table 48 Europe Lime Market Outlook, By Product (2020-2028) ($MN)
Table 49 Europe Lime Market Outlook, By Slaked/Hydrated Lime (2020-2028) ($MN)
Table 50 Europe Lime Market Outlook, By Quick Lime (2020-2028) ($MN)
Table 51 Europe Lime Market Outlook, By Application (2020-2028) ($MN)
Table 52 Europe Lime Market Outlook, By Glass (2020-2028) ($MN)
Table 53 Europe Lime Market Outlook, By Cement (2020-2028) ($MN)
Table 54 Europe Lime Market Outlook, By Pulp & Paper (2020-2028) ($MN)
Table 55 Europe Lime Market Outlook, By Fertilizer & Sugar Production (2020-2028) ($MN)
Table 56 Europe Lime Market Outlook, By Environment (2020-2028) ($MN)
Table 57 Europe Lime Market Outlook, By Hazardous Wastes (2020-2028) ($MN)
Table 58 Europe Lime Market Outlook, By Sludge (2020-2028) ($MN)
Table 59 Europe Lime Market Outlook, By Flue Gas Desulfurization (2020-2028) ($MN)
Table 60 Europe Lime Market Outlook, By Animal Waste (2020-2028) ($MN)
Table 61 Europe Lime Market Outlook, By End User (2020-2028) ($MN)
Table 62 Europe Lime Market Outlook, By Chemical and Industrial (2020-2028) ($MN)
Table 63 Europe Lime Market Outlook, By Construction/Building Material (2020-2028) ($MN)
Table 64 Europe Lime Market Outlook, By Waste-Water Treatment (2020-2028) ($MN)
Table 65 Europe Lime Market Outlook, By Agriculture (2020-2028) ($MN)
Table 66 Europe Lime Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
Table 67 Europe Lime Market Outlook, By Nonferrous Metal (2020-2028) ($MN)
Table 68 Europe Lime Market Outlook, By Steel (2020-2028) ($MN)
Table 69 Europe Lime Market Outlook, By Iron (2020-2028) ($MN)
Table 70 Asia Pacific Lime Market Outlook, By Country (2020-2028) ($MN)
Table 71 Asia Pacific Lime Market Outlook, By Product (2020-2028) ($MN)
Table 72 Asia Pacific Lime Market Outlook, By Slaked/Hydrated Lime (2020-2028) ($MN)
Table 73 Asia Pacific Lime Market Outlook, By Quick Lime (2020-2028) ($MN)
Table 74 Asia Pacific Lime Market Outlook, By Application (2020-2028) ($MN)
Table 75 Asia Pacific Lime Market Outlook, By Glass (2020-2028) ($MN)
Table 76 Asia Pacific Lime Market Outlook, By Cement (2020-2028) ($MN)
Table 77 Asia Pacific Lime Market Outlook, By Pulp & Paper (2020-2028) ($MN)
Table 78 Asia Pacific Lime Market Outlook, By Fertilizer & Sugar Production (2020-2028) ($MN)
Table 79 Asia Pacific Lime Market Outlook, By Environment (2020-2028) ($MN)
Table 80 Asia Pacific Lime Market Outlook, By Hazardous Wastes (2020-2028) ($MN)
Table 81 Asia Pacific Lime Market Outlook, By Sludge (2020-2028) ($MN)
Table 82 Asia Pacific Lime Market Outlook, By Flue Gas Desulfurization (2020-2028) ($MN)
Table 83 Asia Pacific Lime Market Outlook, By Animal Waste (2020-2028) ($MN)
Table 84 Asia Pacific Lime Market Outlook, By End User (2020-2028) ($MN)
Table 85 Asia Pacific Lime Market Outlook, By Chemical and Industrial (2020-2028) ($MN)
Table 86 Asia Pacific Lime Market Outlook, By Construction/Building Material (2020-2028) ($MN)
Table 87 Asia Pacific Lime Market Outlook, By Waste-Water Treatment (2020-2028) ($MN)
Table 88 Asia Pacific Lime Market Outlook, By Agriculture (2020-2028) ($MN)
Table 89 Asia Pacific Lime Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
Table 90 Asia Pacific Lime Market Outlook, By Nonferrous Metal (2020-2028) ($MN)
Table 91 Asia Pacific Lime Market Outlook, By Steel (2020-2028) ($MN)
Table 92 Asia Pacific Lime Market Outlook, By Iron (2020-2028) ($MN)
Table 93 South America Lime Market Outlook, By Country (2020-2028) ($MN)
Table 94 South America Lime Market Outlook, By Product (2020-2028) ($MN)
Table 95 South America Lime Market Outlook, By Slaked/Hydrated Lime (2020-2028) ($MN)
Table 96 South America Lime Market Outlook, By Quick Lime (2020-2028) ($MN)
Table 97 South America Lime Market Outlook, By Application (2020-2028) ($MN)
Table 98 South America Lime Market Outlook, By Glass (2020-2028) ($MN)
Table 99 South America Lime Market Outlook, By Cement (2020-2028) ($MN)
Table 100 South America Lime Market Outlook, By Pulp & Paper (2020-2028) ($MN)
Table 101 South America Lime Market Outlook, By Fertilizer & Sugar Production (2020-2028) ($MN)
Table 102 South America Lime Market Outlook, By Environment (2020-2028) ($MN)
Table 103 South America Lime Market Outlook, By Hazardous Wastes (2020-2028) ($MN)
Table 104 South America Lime Market Outlook, By Sludge (2020-2028) ($MN)
Table 105 South America Lime Market Outlook, By Flue Gas Desulfurization (2020-2028) ($MN)
Table 106 South America Lime Market Outlook, By Animal Waste (2020-2028) ($MN)
Table 107 South America Lime Market Outlook, By End User (2020-2028) ($MN)
Table 108 South America Lime Market Outlook, By Chemical and Industrial (2020-2028) ($MN)
Table 109 South America Lime Market Outlook, By Construction/Building Material (2020-2028) ($MN)
Table 110 South America Lime Market Outlook, By Waste-Water Treatment (2020-2028) ($MN)
Table 111 South America Lime Market Outlook, By Agriculture (2020-2028) ($MN)
Table 112 South America Lime Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
Table 113 South America Lime Market Outlook, By Nonferrous Metal (2020-2028) ($MN)
Table 114 South America Lime Market Outlook, By Steel (2020-2028) ($MN)
Table 115 South America Lime Market Outlook, By Iron (2020-2028) ($MN)
Table 116 Middle East & Africa Lime Market Outlook, By Country (2020-2028) ($MN)
Table 117 Middle East & Africa Lime Market Outlook, By Product (2020-2028) ($MN)
Table 118 Middle East & Africa Lime Market Outlook, By Slaked/Hydrated Lime (2020-2028) ($MN)
Table 119 Middle East & Africa Lime Market Outlook, By Quick Lime (2020-2028) ($MN)
Table 120 Middle East & Africa Lime Market Outlook, By Application (2020-2028) ($MN)
Table 121 Middle East & Africa Lime Market Outlook, By Glass (2020-2028) ($MN)
Table 122 Middle East & Africa Lime Market Outlook, By Cement (2020-2028) ($MN)
Table 123 Middle East & Africa Lime Market Outlook, By Pulp & Paper (2020-2028) ($MN)
Table 124 Middle East & Africa Lime Market Outlook, By Fertilizer & Sugar Production (2020-2028) ($MN)
Table 125 Middle East & Africa Lime Market Outlook, By Environment (2020-2028) ($MN)
Table 126 Middle East & Africa Lime Market Outlook, By Hazardous Wastes (2020-2028) ($MN)
Table 127 Middle East & Africa Lime Market Outlook, By Sludge (2020-2028) ($MN)
Table 128 Middle East & Africa Lime Market Outlook, By Flue Gas Desulfurization (2020-2028) ($MN)
Table 129 Middle East & Africa Lime Market Outlook, By Animal Waste (2020-2028) ($MN)
Table 130 Middle East & Africa Lime Market Outlook, By End User (2020-2028) ($MN)
Table 131 Middle East & Africa Lime Market Outlook, By Chemical and Industrial (2020-2028) ($MN)
Table 132 Middle East & Africa Lime Market Outlook, By Construction/Building Material (2020-2028) ($MN)
Table 133 Middle East & Africa Lime Market Outlook, By Waste-Water Treatment (2020-2028) ($MN)
Table 134 Middle East & Africa Lime Market Outlook, By Agriculture (2020-2028) ($MN)
Table 135 Middle East & Africa Lime Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
Table 136 Middle East & Africa Lime Market Outlook, By Nonferrous Metal (2020-2028) ($MN)
Table 137 Middle East & Africa Lime Market Outlook, By Steel (2020-2028) ($MN)
Table 138 Middle East & Africa Lime Market Outlook, By Iron (2020-2028) ($MN)

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