市場調查報告書
商品編碼
1610793
石灰市場規模、佔有率、成長分析,按類型、應用、地區 - 產業預測,2024-2031 年Lime Market Size, Share, Growth Analysis, By Type (Quick Lime, Hydrated Lime), By Application (Agriculture, Building Material), By Region - Industry Forecast 2024-2031 |
2022年全球石灰市場規模為673.5億美元,從2023年的723.1億美元成長到2031年的1,267.5億美元,預計複合年成長率為7.3%。
石灰是一種廣泛使用的無機礦物,由氧化鈣和氫氧化鈣組成,由於用途廣泛,在各個行業中發揮至關重要的作用。鍛燒涉及超過攝氏 800 度的高溫,將石灰石等原料轉化為生石灰,這對建築、工程和砂糖精製至關重要。石灰的需求不斷成長是由於其健康益處、清洗特性以及在農業、採礦和水處理方面的多種用途。國家石灰協會特別強調了石灰在鋼鐵生產中的重要作用,因為它有助於去除金屬加工過程中的雜質。此外,隨著美國、中國和印度等國家污染法規的收緊,石灰在污水處理和廢氣淨化中的使用不斷增加,顯示預測期內市場成長潛力。
Global Lime Market size was valued at USD 67.35 billion in 2022 and is poised to grow from USD 72.31 billion in 2023 to USD 126.75 billion by 2031, growing at a CAGR of 7.3% in the forecast period (2024-2031).
Lime, a widely utilized inorganic mineral composed of calcium oxide and hydroxide, plays a pivotal role across various industries due to its extensive applications. The calcination process, involving high temperatures above 800°C, converts raw materials like limestone into quicklime, which is crucial for construction, engineering, and sugar refinement. Increasing demand for lime is driven by its health benefits, cleaning properties, and diverse uses in agriculture, mining, and water treatment. Notably, the National Lime Association highlights its significant role in steel production as it aids in impurity removal during metal processing. Furthermore, with stricter pollution regulations in nations such as the US, China, and India, lime's use in wastewater treatment and flue gas cleansing is on the rise, indicating robust market growth potential during the forecast period.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Lime market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Lime Market Segmental Analysis
Global Lime Market is segmented by Type, Application and region. Based on Type, the market is segmented into Quick Lime, Hydrated Lime. Based on Application, the market is segmented into Agriculture, Building Material, Mining & Metallurgy, Water Treatment, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Driver of the Global Lime Market
The global lime market is poised for significant growth primarily due to the expansion of the steel industry, which heavily relies on lime in various processes. Lime plays a crucial role in the production of steel, serving as a vital component in AOD converters, electric arc furnaces, and refining ladles. Its applications include aiding the conversion of ore to pig iron in blast furnaces and acting as a fluxing agent to eliminate impurities such as silica, phosphorus, and sulfur, thereby enhancing steel quality. Furthermore, the implementation of stringent environmental regulations is also fostering market expansion, as lime is increasingly used to treat water and industrial effluents, helping reduce pollution and improve water quality. As both the steel industry's demand for lime and the need for environmental compliance grow, the lime market is expected to flourish in the coming years.
Restraints in the Global Lime Market
The global lime market faces significant constraints due to the high carbon footprint associated with its production. The manufacturing process, which involves the burning of limestone to produce calcium oxide and carbon dioxide, releases substantial amounts of CO2, a greenhouse gas linked to severe environmental issues and climate change. This energy-intensive method not only contributes to global warming but also poses health risks, including fatigue, headaches, nausea, respiratory problems, and potentially life-threatening conditions from prolonged exposure. As awareness of these adverse effects rises, many consumers are increasingly seeking alternative calcium hydroxide products that present fewer environmental and health concerns, thereby limiting market growth.
Market Trends of the Global Lime Market
The global lime market is witnessing a significant upward trend driven by the increasing demand from the manufacturing and chemical industries. Lime's versatility as a chemical has led to its extensive utilization across various industrial applications. While its primary use remains in the metallurgical sector, the chemical industry's need for vital compounds like calcium carbide, sodium alkali, and citric acid further fuels market growth. Additionally, lime plays a crucial role in producing glycerin, stearates, and nitrates. The ongoing demand from the paper, sugar, and refractory industries underlines lime's importance, positioning the market for robust expansion in the coming years.