LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global lime market report until 2020. This research report also lists four other prominent vendors that are expected to impact the market during the forecast period.
The global lime market accounted for 99.5 million metric tons of the market in 2015 and is expected to reach 123.9 million metric tons by 2020.
The lime market is governed by the sales of two kinds of lime products including hydrated lime and quicklime. The hydrated lime segment of the global lime market will grow at a faster rate than the quicklime segment during the forecast period owing to the rising concerns for environmental safety. The environmental waste (water and gas) treatment industry occupied around 59% of the global hydrated lime market in 2015. Hydrated lime has extensive usage for environment applications such as water desalination, wastewater treatment, incinerators, and FGD.
Competitive vendor landscape
The limestone market is highly fragmented, localized and regionalized, where logistics plays a significant part in manufacturing value-added products to improve the market shares of the vendors. Such developments have propelled the commercial end-use market supply and demand to be concentrated at local and regional levels. The market has a strong foothold of large, established players, who are vertically integrated with their own limestone assets. Several renowned companies in the market are setting up multiple plants through green field investments or joint ventures with local mine owners. They are also extending their operations in the Middle East region, which will be a major growth driver for these players in the coming years.
Chandrakumar BJ, an industry expert at Technavio for research on metals and minerals, says, “Europe is a major region which is likely to witness considerable growth in the lime market, thanks to the undergoing modernization plans for the European lime production plants. Europe aims towards reducing its carbon emissions by 2050 with the lime industry being the key contributor. The European lime industry is carbon- and energy-intensive sector, and propels manufacturers to shift towards more energy efficient kilns.”
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Top five lime market vendors
Carmeuse deals in the production and distribution of lime and limestone-related products. The organization includes 28 production facilities across the globe. It produces lime and associated products for various industries such as steel, construction, glass, paper and pulp, chemicals, flue gas cleaning, waste and water treatment, mining, and non-ferrous metal. Quicklime, chemical-grade limestone, crushed limestone aggregate, and milled limestone are some of the baseline products offered by the company.
The key products brand offered by the company include INJECTOLIME, FERRODOLIME, PREMIACA, ENVIROLIME, MIRACLE MORTA-LOK, MIRACLE E-Z SPREAD, and DRYOX.
Graymont has presence across 20 sites in the US and Canada and in four locations in New Zealand. The company holds a significant investment in Calidra Group, which is the largest lime producer in Mexico.
Graymont manufactures high calcium and dolomitic lime. It also supplies value-added lime-based products such as hydrated lime, precipitated calcium carbonate, pulverized limestone, and construction stone.
Lhoist operates across 25 countries with more than 90 manufacturing plants. It offers lime products for diverse industries including construction and civil engineering, environment, and agriculture. Some of the application areas of the company’s lime products are iron and steel, non-ferrous mining and metals, chemical, oil, gas, and biofuel, glass, pulp and paper, refractory, and polymer.
Mississippi Lime manufactures several calcium products including calcium carbonate, hydrated lime, quicklime, and precipitated calcium carbonate. The company offers its lime products to industries like steel, fiberglass, water treatment, FGT, chemical production, construction, food manufacturing, and pulp and paper. Some of its product offerings include standard quicklime, pulverized quicklime, high-reactivity hydrated lime, and liquid calcium hydroxide.
Minerals Technologies develops and produces specialty mineral, synthetic mineral, and mineral-based products. It offers services and supporting systems across the globe, with its operations across 28 countries with 156 production locations. It functions in five business segments and comprises around 12 research and development centers. The company provides lime products to diverse industries including the paper, building materials, glass, automotive, ceramic, polymer, paint and coatings, food, and pharmaceutical industries.
Browse Related Reports:
- Global Calcium Carbonate Market 2016-2020
- Global Zeolite Market 2016-2020
- Global Water Treatment Chemicals Market 2015-2019
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