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Lime Market 2019 Global Analysis by Top Brands - Minerals Technologies, Brookville Manufacturing, Sigma Minerals, Mississippi Lime Company, United States Lime & Minerals, Valley Minerals, Lhoist, Cape Lime

04-01-2019 04:16 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Prognosis

Global Lime Market is accounted for $47.19 billion in 2017 and is expected to reach $90.78 billion by 2026 growing at a CAGR of 7.5%. Some of the key factors influencing the market growth include rise in demand in waste water treatment, automotive weight reduction strategy, high demand for lime in mining & metallurgy and revitalization in construction industry. However, availability of alternative materials, rise in air pollution, costly production and supply chain issues are restricting the market growth.

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Lime is an important element in civil engineering and construction materials. Lime is used as an ingredient in the production of pectin, citric acid, lime oil, lime juice and many other products. There are growing markets and a steady demand for these products throughout the year. Pectin and citric acid are two products that have witnessed a continuous demand during last few decades. It is widely used in the metallurgical industry and in various other downstream manufacturing industries including glass, and paper and pulp among others.

Top Players:
Some of the key players in the global Lime market include Minerals Technologies Inc., Brookville Manufacturing, Sigma Minerals Ltd, Mississippi Lime Company, United States Lime & Minerals Inc., Valley Minerals LLC, Lhoist, Cape Lime (Pty) Ltd, Pete Lien & Sons, Inc., Linwood Mining & Minerals Corporation, Cheney Lime & Cement Company, Carmeuse, Graymont, Nordkalk and Cornish Lime.

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Market Segmentation:
Based on Product Type, quick lime held a prominent share and contributed in terms of revenue. As this segment is a major component of the metallurgical industry. It is likely to remain dominant market during the forecast period, owing to its popularity of usage in metallurgical industry. By Geography, the APAC region was the largest and fastest growing lime market globally. China is the largest producer of lime and is also the highest revenue contributing country in the region.

Product Types Covered:
• Hydrated Lime
• Quick Lime
• Other Product Types

Applications Covered:
• Metal Manufacturing
• Fertilizer
• Cement Manufacturing
• Pulp & Paper
• Chemical
• Agriculture
• Other Applications

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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