Reports
Global Lime Market: By Type: Quick Lime, Hydrated Lime, Others; By Application: Metallurgical Applications, Environmental, Chemical and Industrial, Construction Applications; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Lime Market Outlook
The global lime market reached a volume of around 400 MMT in 2021. The market is expected to grow at a CAGR of 5.87% in the forecast period of 2023-2028.
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Asia Pacific Augmenting the Market Growth of Lime
The Asia Pacific is the leading region in terms of production. The region is expected to continue having a healthy growth rate in the coming years as well. It is among the fastest-growing market for lime. The lime market in the region is boosted by the rapidly growing construction industry in the region, especially in China and India. The booming construction industry is supporting the demand growth for hydrated lime. The region also has significant demand growth for the steel industry, which in turn is boosting the demand for lime. The increasing investments by the Chinese government, as well as private firms in the construction and infrastructure industries, have boosted the demand for the product in the Asia Pacific. The growing demand for mineral production in the region is also expected to drive the demand for the product. China is likely to be the largest lime producer as well as consumer in the region in the coming years.
Environmental regulations in China are also acting as a major driver for the lime market. The stringent regulations by the Chinese government regarding the emissions by power plants and wastewater treatment plants is driving the market growth for the product further. Other major factors driving the demand for the product are flue gas treatment, chemicals, and the growing automobiles production.
The high maturity markets for lime include North America and Europe. The markets with high growth potential include countries like South America, the Middle East and Africa, and the Asia Pacific.
Rising Demand for Quick Lime to Fuel the Market Growth of Lime
On the basis of types, the quick lime segment is anticipated to witness robust growth during the forecast period on account of the surging usage of quicklime in the production of iron and steel, treatment of water and flue gases, paper and pulp production, and in the mining industry. The surging demand for quicklime in the process of metal extraction is further boosting the lime market across the globe over the coming years. The essential utilisation of quicklime in the steel industry owing to quicklime’s use in the basic oxygen steelmaking (BOS) process. Moreover, increased usage of quicklime in food additives is further propelling the market demand for lime due to the rising popularity of quicklime in the food industry as a flour treatment agent, leavener mattress maker, and as an acid regulator.
Market Segmentation
Lime refers to a white caustic alkaline material that consists of calcium oxide, generated by heating limestone and combined with water to produce a lot of heat and quicklime.
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The various types of the product are:
- Quick Lime
- Hydrated Lime
- Others
The product is used in the following sectors:
- Metallurgical Applications
- Environmental
- Chemical and Industrial
- Construction Applications
Metallurgical applications are the leading application sector, accounting for 37% of the product’s applications globally.
The EMR report also covers the regional markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Steel Industry to bolster the Market Growth of Lime Globally
The growing steel industry is also driving the lime market demand. Hydrated lime has its application in providing steel products protection from corrosion as well as impurities. It is like a coating on the products, which helps to neutralise the acid of the slag. Thus, the growth in the steel industry is directly affecting the market growth of the product. Its increasing use in the metallurgical application while producing steel is driving the market growth of the lime further. The product is also used in the manufacturing of aluminium and magnesium. It has wide applications in the refining of metal ores and non-ferrous metals like gold, silver, and aluminium, among others.
The global lime market is being driven by the growing construction industry across the globe. The construction sector is rapidly growing, especially in developing economies, like India and China. The growth is aided by the growing population and the rising economies of the countries. The region is witnessing growing construction activities to cater to the housing demand of the population. Recent policies in the United States regarding anti-dumping tariffs and the new regulations in China are affecting the steel industry, which would also support the market growth of lime.
Lhoist Group, one of the key players, is also a leading company of lime as well as minerals. The company holds over a 10% share in lime production, globally. It produces and distributes the product across various regions. It is the leading company due to the excellent quality of its product, which is liked by the consumers worldwide. It serves industries like steel, environmental, building and civil engineering, pulp and paper, and agriculture industries.
Key Players in the Global Market for Lime
The report gives a detailed analysis of the following key players in the global lime market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Lhoist Group
- Carmeuse Group
- Graymont Limited
- Mississippi Lime Company
- Nordkalk Corporation
- Sigma Minerals Limited
- Ognyanovo K JSC
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on Porter’s five forces model, along with giving a SWOT analysis. The report also gives the price and trade data analysis of the market.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Quick Lime, Hydrated Lime, Others |
| Breakup by Application | Metallurgical Applications, Environmental, Chemical and Industrial, Construction Applications |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Lhoist Group, Carmeuse Group, Graymont Limited, Mississippi Lime Company, Nordkalk Corporation, Sigma Minerals Limited, Ognyanovo K JSC, Others. |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Lime Market Analysis
8.1 Key Industry Highlights
8.2 Global Lime Historical Market (2018-2022)
8.3 Global Lime Market Forecast (2023-2028)
8.4 Global Lime Market by Type
8.4.1 Quick Lime
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Hydrated Lime
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Lime Market by Application
8.5.1 Metallurgical Applications
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Environmental
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Chemical and Industrial
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Construction Applications
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.6 Global Lime Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Lime Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Lime Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Lime Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Lime Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Lime Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Lhoist Group
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Carmeuse Group
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Graymont Limited
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Mississippi Lime Company
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Nordkalk Corporation
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Sigma Minerals Limited
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Ognyanovo K JSC
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.7 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Lime Market: Key Industry Highlights, 2018 and 2028
2. Global Lime Historical Market: Breakup by Type (MMT), 2018-2022
3. Global Lime Market Forecast: Breakup by Type (MMT), 2023-2028
4. Global Lime Historical Market: Breakup by Application (MMT), 2018-2022
5. Global Lime Market Forecast: Breakup by Application (MMT), 2023-2028
6. Global Lime Historical Market: Breakup by Region (MMT), 2018-2022
7. Global Lime Market Forecast: Breakup by Region (MMT), 2023-2028
8. North America Lime Historical Market: Breakup by Country (MMT), 2018-2022
9. North America Lime Market Forecast: Breakup by Country (MMT), 2023-2028
10. Europe Lime Historical Market: Breakup by Country (MMT), 2018-2022
11. Europe Lime Market Forecast: Breakup by Country (MMT), 2023-2028
12. Asia Pacific Lime Historical Market: Breakup by Country (MMT), 2018-2022
13. Asia Pacific Lime Market Forecast: Breakup by Country (MMT), 2023-2028
14. Latin America Lime Historical Market: Breakup by Country (MMT), 2018-2022
15. Latin America Lime Market Forecast: Breakup by Country (MMT), 2023-2028
16. Middle East and Africa Lime Historical Market: Breakup by Country (MMT), 2018-2022
17. Middle East and Africa Lime Market Forecast: Breakup by Country (MMT), 2023-2028
18. Major Importing Countries by Volume
19. Major Exporting Countries by Volume
20. Major Importing Countries by Value
21. Major Exporting Countries by Value
22. Lime Historical Price Trends and Forecast 2018-2028
23. Global Lime Market Structure
Key Questions Answered in the Report
In 2020, the global lime market attained a volume of nearly 400 MMT.
The market is projected to grow at a CAGR of 5.87% between 2021 and 2026.
The major drivers of the industry, such as booming construction industry, increasing investments, and the growing demand for mineral production, are expected to aid the market growth.
The key market trend guiding the growth of the market includes the rising demand from the steel industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of lime in the market are quick lime and hydrated lime, among others.
The most significant application of the product are metallurgical applications.
The major players in the industry are Lhoist Group, Carmeuse Group, Graymont Limited, Mississippi Lime Company, Nordkalk Corporation, Sigma Minerals Limited, and Ognyanovo K JSC, among others.
Analyst Review
The global lime market reached a volume of around 400 MMT in 2020. The market is expected to grow at a CAGR of 5.87% in the forecast period of 2023-2028 to reach a volume of 543 MMT by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the market can be segmented into quick lime, hydrated lime, and others. On the basis of applications, the industry is divided into metallurgical applications, environmental, chemical and industrial, and construction applications, with metallurgical applications leading the market. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Lhoist Group, Carmeuse Group, Graymont Limited, Mississippi Lime Company, Nordkalk Corporation, Sigma Minerals Limited, and Ognyanovo K JSC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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