Lime And Gypsum Product Market Global Insights 2020, Forecast to 2030 | Carmeuse; Graymont, Lhoist, Mississippi Lime, Minerals Technologies

Global Lime And Gypsum Product Market, delivering a must-read report for industry stakeholders wanting to understand the strategic landscape of this increasing sector. Readers will find an in-depth analysis of the market and how it will impact existing traditional markets, as well as insights into future development and opportunities across the globe.

According to the study, the global lime and gypsum product market is expected to decline from $58.8 billion in 2019 to $52.7 billion in 2020 at a compound annual growth rate (CAGR) of -10.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 14% from 2021 and reach $75.4 billion in 2023.

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Key Players:

Carmeuse; Graymont; Lhoist; Mississippi Lime; Minerals Technologies, request sample for a complete list of companies.

The leading players of the industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.

Summary

Western Europe was the largest region in the global lime and gypsum product market, accounting for 29% of the market in 2019. The Asia Pacific was the second largest region accounting for 27% of the global lime and gypsum product market. Africa was the smallest region in the global lime and gypsum product market.

Gypsum has found its uses in the interior designing industry and is used to create designer ceilings. It weighs light and possess low thermal conductivity and decreases the structural load of the building. This also saves energy costs. As compared to sand-cement plastering, gypsum plastering requires less curing time and does not involve crack formation. These all features raise the demand for gypsum plaster in the construction industry and among consumers in urban areas across all regions especially in Middle East & Africa from 2017 to 2025.

The lime and gypsum product market consists of sales of lime and gypsum products by entities (organizations, sole traders and partnerships) manufacturing lime from calcitic limestone or other calcareous materials, such as coral, chalk and shells and manufacturing gypsum products such as wallboard, plaster, plasterboard, molding, ornamental moldings, statuary, and architectural plasterwork. Raw materials used for lime and gypsum product manufacturing include calcite limestone, dolomite limestone, and other calcareous materials such as coral, chalk, and shells. Limestone quarried by blasting the mines is crushed and fed into a rotary kiln. The rotary kiln transforms the limestone into lime when subjected to high temperatures. The lime refining process includes milling, hydration, and lime slurry preparation. Gypsum is used in the production of plaster, plasterboards, gypsum fireboards, and gypsum blocks. Small quantities of high-purity gypsum are also used in confectionery, food, brewing, sugar beet refining, and the pharmaceuticals industry.

Markets Covered:
1) By Type: Lime Product; Gypsum Product
2) By Application: Building and Construction; Agriculture; Waste-Water Treatment; Paper Production; Others
3) By Product Type: Industrial-Grade; Pharmaceutical-Grade; Food-Grade

Market Segment by Regions:

Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.

The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.

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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours.

Note:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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This release was published on openPR.