Calcium Hydroxide Market Size is Expected to Grow CAGR of 3.50% by 2030 | ChemAnalyst

According to ChemAnalyst report, “Calcium Hydroxide Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. The Calcium Hydroxide market witnessed a demand of around 4.50 million tons globally in 2020 and is anticipated to grow at a significant rate with a healthy CAGR of 3.50% until 2030 attributed to its surging demand from various end-use industries.

Calcium hydroxide has the chemical formula of Ca(OH)2 and is also known as caustic lime, hydrated lime, caustic lime, pickling lime and slaked lime, etcIt is an odorless, white-colored soft powder with a slightly bitter taste. At room temperature, Calcium Hydroxide is slightly soluble in water and its saturated aqueous solution that is alkaline is known as lime water. Calcium Hydroxide is commercially produced by an exothermic reaction between calcium oxide (lime) with water. The market for Calcium Hydroxide is segmented into various grades based on its purity and utility such as Calcium Hydroxide-Pharma Grade, Calcium Hydroxide-Food Grade, and Calcium Hydroxide-Technical Grade.

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In drinking water and waste-water treatment, Calcium Hydroxide is widely used as a flocculant or coagulant and clarifier where it eradicates water impurities to make it clean, smell-free, and improves the quality of water by neutralizing its pH and making it soft. Additionally, it is also employed in the food and beverage industry as a pH adjuster, for processing sugar, corn, and salt, in the pickling process, in processing water for soft drinks and alcoholic beverages, to improve the nutritional value of fruit juices, for making baking soda, in infants dietary supplements, etc. It is extensively used in the agriculture industry as an animal feed additive coupled with its use as a disinfectant to prevent the spread of viruses or pathogens in livestock. Calcium Hydroxide is traditionally used for treating acidic soils, improving soil fertility, mineralization etc. since ages. Another, major application of Calcium Hydroxide is its use for treating and neutralizing acidic gases such as Sulphur dioxide, Sulphur Trioxide, Hydrogen chloride, Hydrogen fluoride etc.

Similarly, it finds applications in pulp and paper where it is utilized in the Kraft process, water treatment, pH neutralization, and flue gas cleaning. Similarly, in the construction sector, Calcium Hydroxide is used in whitewashing, earthen dams, building foundations, soil stabilization for roads and acts as the main ingredient in mortar and plaster in lime slurry form.  Hence, based on its applications, the major end-use industries for Calcium Hydroxide are water and wastewater treatment, food and beverage, agriculture, gas treatment, pulp and paper, construction and others (medical, cosmetics, etc.). Among these water and wastewater treatment, is the most lucrative segment of Calcium Hydroxide owing to the growing water and wastewater treatment projects across the globe because of rising environmental concern, freshwater scarcity, etc., consequently expected to surge the demand for Calcium Hydroxide in the upcoming years. Moreover, the easy availability and cost-effectiveness of Calcium Hydroxide along with all these applications are anticipated to propel its market growth in the forecast years. However, the major restraints for the market growth of Calcium Hydroxide are the health hazards associated with Calcium Hydroxide such as skin irritation, lung damage, chemical burns, rashes, etc.

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The unprecedented outbreak of COVID-19 in the first half of 2020, across the globe led to the imposition of nationwide lockdowns by the major economies. It resulted into the disruption in the functioning of several manufacturing plants as well as the interruption in the supply and demand chain which consequently impacted most of the industries. The Calcium Hydroxide market was not much affected due to its prominent use in water and wastewater treatments, in agriculture as well as in food and beverage industries. Moreover, after the exemption of trade restriction and resumption in industrial operations in the second half of 2020, an improvement was witnessed in the Calcium Hydroxide market as end-use industries such as construction, pulp and paper, and chemicals recovered rapidly and the demand for the chemical is expected to swell in the forthcoming years.

Region wise, Asia Pacific accounted for the major share of the Calcium Hydroxide market globally followed by Europe and North America. Owing to rapid industrialization, urbanization, growing population, ongoing infrastructural projects, and growing wastewater treatment plants in the region, the market for Calcium Hydroxide market is anticipated to grow at a significant rate in the forecast period. Europe’s market for Calcium hydroxide is also expected to bloom at a significant rate owing to the governments stringent regulations for treating wastewater before entering the environment. Calcium Hydroxide demand is also expected to surge in North America because of the increase in construction projects and extensive utility in the agriculture sector for making fertilizers, disinfectant powder for livestock etc.

According to ChemAnalyst report, “Calcium Hydroxide  Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, Major players for Calcium Hydroxide  globally are Singleton Birch Ltd., Innovo Chemicals Limited, Carmeuse Company, Hydrite Chemical Co., Nordkalk Co., Lhoist Group, Mississippi Lime Company, Graymont Ltd., Jost Chemical Co., Boral Ltd., and United States Lime & Minerals Inc. among others

“Calcium Hydroxide is identified as a versatile chemical compound, that is cost-effective and easily available across the world. Due to its immense utility in various industries coupled with its applications such as increasing the efficacy of absorption, accelerating the kinetics of reactions, and capturing gas pollutants enhances its demand and is likely to propel the market for Calcium Hydroxide over the forecast period. Moreover, growth in the construction, agriculture and food and beverage industries is consequently impelling its market growth. Hence, high demand for Calcium Hydroxide offers several opportunities for manufacturers to expand their capacities in order to fill demand and supply gap in future.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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