May 21, 2022

The new report by Expert Market Research titled, ‘Global Quicklime Market and Forecast 2022-2027’, gives an in-depth analysis of the global quicklime market, assessing the market based on its segments like form, type, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Value (2020): USD 47 Billion
  • Forecast CAGR (2022-2027): 4%
  • Forecast Market Value (2027): USD 8 Billion

The increasing use of quicklime in the metal industry is fueling market expansion. It is largely employed in the steel sector due to its favorable properties during steel production. The usage of quicklime is increasing in response to the growing demand for better and clearer steel, which is propelling the quicklime industry forward. Quicklime’s corrosion resistance and high-temperature resistance make it appropriate for use as a clinker agent to remove impurities during steel manufacture. Because steel is one of the most extensively used alloys in a variety of important industries, demand for quicklime is also on the rise, boosting the industry’s growth. Furthermore, several research projects aimed at using zinc dust particles created during steelmaking are driving up demand for quicklime. The possibility of separating zinc by mixing its oxide with quicklime to facilitate the latter’s decomposition for further application is boosting market expansion.

Industry Definition and Major Segments

Quicklime, also referred to as calcium oxide, is a chemical substance made by heating limestone to a high temperature. It is cost-effective and has a variety of great features, including corrosion resistance, high permeability, and temperature resistance, which is why it is widely used in important industries like construction, metal, and mining.

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Based on Form, the market covers:

  • Large Lump Quicklime
  • Crushed or Pebble Quicklime
  • Ground Quicklime
  • Pulverized Quicklime
  • Others

Based on type, the market is divided into:

  • High Calcium Quicklime
  • Magnesium Quicklime
  • Dolomitic Quicklime
  • Others

Based on application, the market is categorised into:

  • Metallurgy
  • Building and Construction Materials
  • Water Treatment
  • Mining
  • Chemicals
  • Others

The major regional markets include:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The usage of limes in non-ferrous metal mining is driving up demand for quicklime to improve metal temperature resistance and reactivity, promoting market growth. The activities of such metals are expanding as a result of the increased demand for elements such as copper, which is biodegradable. As a result, the usage of quicklime as a settling aid to maintain the alkalinity of copper ores is increasing, propelling the market forward. Furthermore, the need for pH control in mining to avoid the loss of key metals and reagents is driving up demand for quicklime, which is propelling the market forward.

Quicklime’s application in the electrolytic refinement of metals like copper is expected to boost the market growth. Quicklime’s cost-effectiveness also makes it ideal for widespread use in a variety of industries, including construction and oil and gas. Quicklime’s biodegradable and long-lasting qualities are expected to boost the industry’s growth during the projection period.

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Key Market Players

The major players in the market are Carmeuse Group, Mississippi Lime Company, Cape Lime (Pty) Ltd, Sigma Minerals Ltd, Nordkalk Corporation, among others.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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