Global Lime Market 2016–2020
New Report Released
The author of the report recognizes the following companies as the key players in the global lime market: Carmeuse, Graymont, Lhoist, Mississippi Lime, and Minerals Technologies.
Other Prominent Vendors in the market are: Imerys, Omya, Okutama Kogyo, and Schaefer Kalk.
Commenting on the report, an analyst from the research team said: “One of the key trends for market growth will be growing use of alkaline-based process technology. Alkaline papermaking activity in Europe was stimulated by the need to regain and recycle secondary fiber, reduce water demand, and reduce process abrasiveness promoted by mineral fillers such as china clays. In North America, neutral or alkaline papermaking was determined by the wish to manufacture more permanent paper products and to significantly reduce the total cost of papermaking as papermaking under acid conditions was restricted by corrosion, inability to reuse a significant amount of process water and a failure to produce robust products. Quicklime is used for causticization in the production of paper and pulp. It is also used for calcium bisulfite preparation in sulfite plants. Calcium bisulfite is an acid cooking liquor and is used for dissolving the non-cellulosic constituents of wood chips constituting paper and pulp stock.”
According to the report, automotive weight reduction strategy will be a key driver for market growth. A steady shift from traditional metal casting to non-ferrous casting favors the growth of the market. Currently, several organizations across the automotive, industrial machinery, and telecommunications industries have started developing lightweight products to improve quality and reduce the overall weight of their products. Aluminum is considered a choice of material for various manufacturers to reduce the weight of the vehicle. Quicklime is used in the production of various metals including aluminum and copper.
Further, the report states that quicklime is used in the steel industry for applications such as ladle desulfurization of the pig iron, impurity treatment in secondary refining, and as fluxing agents. The global steel demand reduced to 2% in 2015 from 3.3% in 2013. The reason was the weak global economy that resulted in low consumption and business sentiment. Though developed countries are recovering and experiencing a positive growth, the market in China, the largest steel producer in the world, is experiencing slow growth because the country is moving to a consumption-based economy from an investment-led economy. Moreover, steel demand from other emerging economies is also uncertain because of reasons such as political instability and volatile financial markets. Thus, the sluggish steel demand is a major challenge for the lime industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
