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The global lime market attained a volume of nearly 502.66 MMT in 2024. The market is further expected to grow at a CAGR of 5.90% during the forecast period of 2025-2034 to reach a volume of 891.73 MMT by 2034.
Base Year
Historical Period
Forecast Period
The Asia Pacific leads the market for lime, supported by growing construction sector and improving production capabilities of domestic manufacturers
The Asia Pacific is the leading region in terms of production. The region is expected to continue having a healthy growth rate in the coming years as well. It is among the fastest-growing markets for lime. The market in the region is boosted by the rapidly growing construction sector in the region, especially in China and India. The booming construction sector is supporting the demand growth for hydrated lime.
The region also has significant demand growth for the steel sector, which in turn is boosting the lime market growth. The increasing investments by the Chinese government, as well as private firms in the construction and infrastructure industries, have boosted the demand for the product in the Asia Pacific. The growing demand for mineral production in the region is also expected to drive the demand for the product. China is likely to be the largest lime producer as well as consumer in the region in the coming years.
Environmental regulations in China are also acting as a major driver for the market. The stringent regulations by the Chinese government regarding the emissions by power plants and wastewater treatment plants are driving the market growth for the product further. Other major factors driving the demand for the product are flue gas treatment, chemicals, and the growing automobile production.
The market in North America is characterised by its steady growth and is influenced by various factors. Lime is used across multiple sectors in North America, including construction, environmental, metallurgical, and chemical industries. In construction, it's used for soil stabilisation, mortar, and plaster. In the environmental sector, lime aids in water treatment processes and flue gas treatment.
The focus on infrastructure development, particularly in the US market, is expected to drive the demand for lime in construction-related applications.
The high-maturity markets for lime include North America and Europe. The markets with high growth potential include countries like South America, the Middle East and Africa, and the Asia Pacific. North America, especially the United States, is involved in the export and import of lime, which influences market dynamics in the region.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the global lime market attained a volume of nearly 502.66 MMT.
The market is projected to grow at a CAGR of 5.90% between 2025 and 2034.
The major market drivers include booming construction sector and the growing demand for lime in mineral production activities.
The key trends guiding the market include the increasing applications of lime in the steel sector, the rising use of lime in manufacturing magnesium and aluminium, and the growing housing demand.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of lime in the market are quick lime and hydrated lime, among others.
The various applications of lime include metallurgical applications, environmental, chemical and industrial, and construction applications.
The major players in the market are Lhoist Group, Carmeuse Group, Graymont Limited, Mississippi Lime Company, Nordkalk Corporation, Sigma Minerals Limited, and Ognyanovo K JSC, among others.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a volume of 891.73 MMT by 2034.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124