Dublin, Dec. 22, 2020 (GLOBE NEWSWIRE) -- The "Global Lime Material Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global lime material market is expected to grow at a compound annual growth rate of 3.11% over the forecast period to reach a market size of US$112.430 billion in 2025 from US$93.557 billion in 2019.
The construction Sector holds a major share in the Lime Market Growth. The material has been used in this sector for centuries as it was used in the construction and development of Masonry Mortars. The buildings especially mortar constructed with lime exhibit extensive and exponential strength and water-resistant qualities. The material is widely used in the development of plasters, improving their durability, strength, and overall lifespan. Hydrated Lime is widely popular in the construction sector as it is used in the construction of earthen dams, airfields, stabilization of soil, and others. Hydrated Lime enhance and modify the engineering properties and features of the soil especially workability and threshold. It also enhances the impermeability of soil.
Other than hydrated lime, quick lime has made a major impact in the construction sector to parched soaked, and wet soil. This helps in the expansion and enhancement of the working surface. There has been a notable change in recent years, regarding the effects of lime in the soil. Clay soil witnessed a major change as these types of soil contains considerable plasticity. Lime alters the wet retention capacity and improves the overall stability of clay soil. There are certain steps and procedures required to ensure that there is an enhancement of longevity and shear strength of the soil, which makes it beneficial for building and construction activities. The global lime market will witness significant growth from the rise of the construction sector.
The global mining production was around 17.7 Billion Metric Tons in the year 2019, with a rise of around 6.4 Billion Metric Tons since the beginning of this century. Asia Pacific Region accounted for 65.1% share in the total production followed by North America (15.3%), Europe (8%), Africa (5.5%), and the rest of the world. China, the USA, Russia, and Australia are four major mining nations with China accounting for 23% of the total share followed by the USA, Russia, and Australia.
These four nations accounted for half of the global mining share. The global lime market will witness a surge with the growth of the mining sector as the material is extensively used to eliminate and remove impurities during the manufacturing process of steel, iron, gold, alumina, silver, lead and copper, and others. Lime Material plays an imperative role in the production of Non- Ferrous Metals such as aluminum, Germanium, and other related metals. It is used to treat and cure copper ore, recover gold from the metals, and extract uranium.
Lime Material is making a significant impact in the water treatment industry. Because of its cost-effective and alkaline properties, it is registering a demand in the making of impure drinking water. It is also used in the treatment of waster sludge and water. Most of the lime used, such as quick and hydrated lime is used to enhance the drinking water quality and the water, widely used by respective industries. Lime water can be purified, softened and the acidity can be removed by various treatments.
Key Topics Covered:
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Global Lime Market Analysis, by Type (Value in US$ Billion) (Volume in Tons)
5.2. Hydrated Lime
5.3. Quick Lime
6. Global Lime Market Analysis, by Applications (Value in US$ Billion) (Volume in Tons)
6.2. Water Treatment
6.3. Mining & Metallurgy
6.4. Building Material
7. Global Lime Market Analysis, by Geography (Value in US$ Billion) (Volume in Tons)
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. United Sates Lime & Minerals Inc.
9.3. Calcimo Lime & Fertilizers Pty Ltd
9.4. Agricola Mining Pty Ltd
9.6. Lime Group Australia
9.7. Omya Australia Pty Ltd
9.8. Sibelco Australia Ltd
9.9. Boral Limited
9.10. Adelaide Brighton Limited
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