Hydrated Lime Market- Global Revenue Growth Expectations in the Near Future
Lime is calcium-containing inorganic compound, in which oxides and hydroxides are predominate. Primarily, lime has two different types such as hydrated lime and quicklime. Hydrated lime is available in dry powder form, is less caustic as compared to quicklime. It is produced by hydrating or adding water during the manufacturing process, also known as slaking. Hydrated lime is used in ground or pulverized form.
In term of applications, hydrated lime is used in metallurgical operations for refining and extraction of metals from mineral ores; in agricultural fields as a soil conditioner for pH balancing; and in the manufacturing of cement, clinker, plasters and related additive materials for concrete.
Further, hydrated lime is used as a softener in water-treatment processes. Further, it is used as a reagent in flue gas treatment during the desulphurization process and as a chemical additive for the manufacturing of paper, glass and processed leather products
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Global Hydrated Lime Market Dynamics
Mining activities involve the refining of mineral ores in pure metal form to generate sludge effluents, which are released in water sources. These water resources, require effective water treatment, which in turn creates lucrative growth opportunities for hydrated lime producers, owing to the application of hydrated lime as a reagent for effluent treatment processes. Existing mandatory environment management rules enforced by governments for achieving zero hazardous material discharge in natural water resources are expected to be the prime factor supporting this growth.
Precipitate calcium carbonate (PCC), made by hydrated lime, is an innovative product, which finds a wide range of application in the production of paper, paint, plastic, rubber, ink, etc. PPC’s ability to replace high-cost impact modifiers in polymers is, in turn, driving its consumption in plastic industries_ PVC plastisols, polysulfides, urethanes, and silicones. Thus, the demand for precipitated calcium carbonate is positively impacting on the global hydrated lime market throughout the forecast period. The growing use of hydrated lime in various application, specifically in the agriculture, chemical, plastic, and mining industries are expected to drive the demand for the global hydrated lime market.
Global Hydrated Lime Market: Key Players
The global hydrated lime market expected to be fragmented throughout the forecast period. Some of the market participants identified across the value chain of the global hydrated lime market include Graymont Limited, Lhoist, SIBELCO, NIKI Chemical industries, McGean-Rohco Inc., KIMTAS, CARMEUSE, Boral Limited, Omya Australia Pty Ltd. and United States Lime & Minerals, Inc., among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Global Hydrated Lime Market Segmentation
Hydrated Lime market is segmented on the basis of applications, end-use industry, and regions. Global hydrated lime market can be segmented on the basis of applications as mentioned below:
Global Hydrated Lime market can be segmented on the basis of the application as mentioned below:
- Water treatment
- Building Materials
- Mineral Processing and Metallurgy
- Pellatisation of steel
- Whitening Agent
Global Hydrated Lime market can be segmented on the basis of end-use industry as mentioned below:
- Mining Industry
- Paper Industry
- Oil & Gas
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.