Global Quick Lime Market Overview:
Quicklime is defined as the white caustic alkaline substance consisting of calcium oxide. It is obtained by heating limestone. It is made by the thermal decomposition of materials such as limestone or seashells, which contain calcium carbonate in a lime kiln. It is used in the manufacture of aerated concrete blocks, with densities of ca. 0.6–1.0 g/cm3. It has a high affinity for water with more efficient desiccant than silica gel. When quick lime reacts with water then it forms slaked lime, which is calcium oxide. Increasing usage of quick lime in various industries such as automotive, construction and others are some of the major drivers which are propelling the growth of the market.
Growth Drivers
- Increasing Usage of Quick Lime in Various Industries Such As Construction, Automotive, Shipping and Others
- Rising Demand for Ferrous and Non-Ferrous Metals from End-Use Industries
Roadblocks
- Problems Related To Harmful Byproducts Released After Burning Limestone
- Lime Alternatives Such as Magnesium Hydroxide Calcined Gypsum and Limestone
Opportunities
- Rising Demand from Emerging Economics such as India, China and others
Challenges
- High Prices of Quick Lime Products
- Regulation Regarding Towards Environment Concern
Competitive Landscape:
Some of the key players profiled in the report are Carmeuse Lime & Stone, Inc. (United States), Graymont (Canada), Lhoist (Belgium), Mississippi Lime (United States), Cheney Lime & Cement Company (United States), Pete Lien & Sons, Inc (United States), Nordkalk (Finland), Linwood Mining & Minerals Corporation (Scott), Sigma Minerals Ltd (India) and Valley Minerals LLC (United States). Additionally, following companies can also be profiled that are part of our coverage like United States Lime & Minerals (United States), Cornish Lime (United Kingdom), Brookville Manufacturing (Canada) and Minerals Technologies (United States. Analyst at AMA Research see United States Vendors to retain maximum share of Global Quick Lime market by 2026. Considering Market by Industry Vertical, the sub-segment i.e. Chemical will boost the Quick Lime market. Considering Market by Grade Standard, the sub-segment i.e. Industrial Grade will boost the Quick Lime market.
Latest Market Insights:
On June 2017, Mississippi Lime Company (United States) has acquired Pennsylvania (United States) Company, which manufactures quick lime products. This acquisition will benefit from creating economies of scale
On March 2019, The Centre for Sustainable Cement and Quicklime Production at Umea University has announced to carry out research on sustainable cement and quicklime production. The cost of the budget is USD 11.3 Million for the initial phase. It will help in contributing to the sustainable development of the mineral processing industry.
What Can be Explored with the Quick Lime Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Quick Lime Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Quick Lime
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Quick Lime market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Quick Lime market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Quick Lime, Suppliers of Quick Lime, Wholesalers, Distributors and Retailers of Quick Lime, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.