Lime Market

1. Lime Market: Industry Analysis and Forecast (2020-2026) Global Lime Market size was reached a volume of 400 MMT in 2019 and the total volume growth is expected to grow at 5.85% through 2020 to 2026, reaching nearly 543 MMT in the forecast period. The global Lime Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Lime Market report also provides trends by market segments, technology, and investment with a competitive landscape. Global Lime Market Overview: Lime is a multipurpose mineral and is widely used in construction. Lime is greatly used as soil stabilization for roads, earthen dams, airfields, and building foundations. Lime is used in combination with various additives to make kinds of metals. Lime is a calcium-containing mineral compound used for oxides and hydroxides. Global Lime Market Dynamics: The Global Lime Market was valued at USD 41930 million in 2020 and is estimated to reach USD 51040 million with a CAGR of 2.8% in the forecast period. Lime is a widely used chemical compound around the world. Quick lime is prepared by subjecting the limestone and chalk to a high temperature above 800 degrees Celsius in the calcination process and this process breaks the carbonate into quick lime by releasing carbon dioxide. Lime is vastly used in chemical feedstock, sugar crystals refinements. As lime is a versatile chemical used in chemical and manufacturing industries for the production of chemicals like propylene glycol, sodium alkali, calcium carbide, and Cyanamid, and products like citric acid, magnesia, and calcium magnesium acetate, phenolates, and glycerin. The wider application of lime is boosting the market growth in the forecast period. Moreover, lime is also used in the steel industry for steel production. As the steel production in 2019 was valued at 1870.3 million metric tons in terms of production and is estimated to grow at 5.4% CAGR in the forecast period. Hence, the growing production of steel is fueling the market growth of lime in near future. Further, the elimination of carbon dioxide created during the production is likely to harm the environment and the production of steel in the industry is energy-consuming. Hence, this acts as a restraining factor to the market.

2. Global Lime Market Segment Analysis: Quick lime Sub-segment is dominating the Type segment of Global Lime Market: Quick lime is also called calcium oxide and has a wide range of applications like the production of iron and steel, paper and pulp, water treatment and flue gases, and the mining industry. Moreover, lime is also a good source of magnesium and potassium which is used to promote heart health as potassium has the capacity to lower blood pressure and improve blood circulation in the body. And this results in fewer heart attacks and strokes. Quick lime is also used in the metal manufacturing industry to remove impurities. Further quick like is also used in the treatment of acidic soil, purifying sugar, and water softeners. Besides, the growth in commercial construction and material is estimated to boost the market growth of quick lime in the forecast period 2020-2026. To know about the Research Methodology :- Request Free Sample Report The agriculture sub-segment is trending in the Application segment of the Global Lime Market. The agriculture sector is dominating the application segment of the global lime market due to soil treatment application as it improves the soil PH to boost the crop outcome. Additionally, lime treatment in soil offers various benefits like water holding capacity, Improved soil structure and reduces soil erosion, water purification, and better root penetration in the soil

3. to save the crop from water droughts. Moreover, the lime treatment also improves the effect of pesticides and helps the crop to absorb nutrition from the soil. Further, the addition of calcium hydroxide to soil in the ratio of 1 - 2.2 tons per acre improves the calcium present in soil and helps in maintaining the Ph. of soil. Hence, due to wider benefits in the Agriculture sector lime market is proliferating rapidly in the forecast period. Global Lime Market Regional Insights: Global Lime Market Regional Insights is segmented into North America, Asia Pacific, Europe, Latin America, Middle East, and Africa. Asia Pacific is likely to boost the growth of the lime market in the regional segment and accounted for USD 27340 million in 2020. The growth in the region is mainly driven by China. China is leading in the production of gold, aluminum, and steel. Further, China ranks among the world's largest countries in the agriculture sector due to the largest production of pork, rice, aqua, and fruits like pears, tangerines, grapes, apple, and wheat & corn. Currently, China is responsible to produce 19% of the world's cereal grain, 30% of meat, and 51% of vegetables that is 20% of the world's food is generated by China. Moreover, 58% of the land is covered by agriculture in china. Due to these factors, Asia Pacific is leading in the global lime market.

4. Key Industry Findings • List- the company is growing its business in the Texas facility by constructing a new energy-efficient lime forge. The company has also received approvals from the Texas Commission on environmental quality. And this approvals has resulted in the capacity expansion to fulfill customer need. The objective of the report is to present a comprehensive analysis of the global Lime Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Lime Market dynamics, structure by analyzing the market segments and project the global Lime market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Lime Market make the report investor’s guide.

5. For more information of visit: https://www.maximizemarketresearch.com/market-report/global-lime- market/113336/ Global Lime Market Scope: Inquire before buying Global Lime Market, by Region • North America • Europe • Asia Pacific • Middle East and Africa • South America Global Lime Market Key Player • Adelaide Brighton Limited • Boral Limited • Sibelco Ltd. • Wagners • Lime Group Australia

6. • Shandong Zhongxin Calcium Industry Co., Ltd. • Shanxi Jianqiang Active Lime Manufacturing 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. • CarmeuseCustomization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact Us : Email Id: sales@maximizemarketresearch.com