市場調查報告書
商品編碼
1054077
石灰的全球市場:各產品,各用途,各終端用戶,各地區分析 - 預測(到2028年)Lime Market Forecasts to 2028 - Global Analysis By Product (Quick, Slaked), Application (Cement, Environment, Pulp & Paper), End User (Agriculture, Chemical) and By Geography |
全球石灰的市場規模在2021年估算為437億2,000萬美金,2028年前將達到595億美元,在預測期間內預計將以4.5%的年複合成長率成長。
本報告提供全球石灰市場相關調查分析,提供市場趨勢分析,各產品·各用途·各終端用戶·各地區的市場資訊,企業簡介等資訊。
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.
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.
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.
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.
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