Widespread Use of Lime among Plethora of Applications to Lay Red Carpet of Growth across Lime Market from 2019 to 2027: TMR

- Lime has been an inseparable part of the construction industry for long due to the properties etched with it, and hence, the lime market may gain good growth opportunities

- Based on all the factors, the lime market may expand at a CAGR of ~6 percent between 2019 and 2027

ALBANY, N.Y., Oct. 26, 2020 /PRNewswire/ -- Lime is a chemical derived from calcium carbonate rocks such as dolomite and limestone. Lime is used as a chemical reagent in producing several compounds, namely sodium alkali, petrochemicals, calcium carbide, magnesia, propylene glycol glycerin, citric acid, etc.

Lime Market: Existing and Future Growth Prospects

The universal application of lime across varied industries and sectors other than the construction sector may prove a prominent growth generator for the lime market during the forecast period of 2019-2027. The growing public and private investments in construction and infrastructure may invite great growth opportunities for the lime market.

A detailed analysis has been conducted on the lime market by the researchers at Transparency Market Research (TMR). After a scrutinized study on all the factors, the TMR researchers predict the global lime market to expand at a CAGR of ~6 percent during the assessment period of 2019-2027. The global lime market is expected to surpass a value of US$ 65.4 bn by 2027.

Request for Covid-19 Impact Analysis on Lime Market: https://www.transparencymarketresearch.com/Covid19.php

The overwhelming demand for lime from metallurgical and mining applications, prominently for removing impurities, may prove to be a key factor influencing the growth of the lime market. In addition, the rising demand across industries like shipping, automotive, fabrication, and others may bring extensive growth prospects for the lime market.

Download PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php

Lime Market: From Expert Lens

The analysts at Transparency Market Research highlight the rising influence of the lime market in Asia Pacific. Increase in construction activities across China, India, Indonesia, and Malaysia bring a large chunk of growth to the lime market. Furthermore, the adoption of lime in metallurgical applications may invite tremendous growth opportunities for the lime market, according to the analysts.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/24569

Lime Market: Facts and Figures

• The quicklime segment acquired approximately three-fourth of the total market share in terms of product in 2018
• The quicklime segment may reach a market value of ~US$ 50 bn at the end of the forecast period
• The metallurgical segment acquired a lion's share of the global lime market in terms of application in 2018
• The lime market in Asia Pacific expects to expand at a CAGR of ~6 percent during the forecast period
• In regards to value, Asia Pacific acquired a ~65 percent share of the global lime market in 2018

Purchase Premium Research Report on Lime Market @ https://www.transparencymarketresearch.com/checkout.php

Lime Market: Growth Boosters

The utilization of lime as an anti-stripping agent and binding agent in the building and construction industry may bring expansive growth prospects for the lime market.

• The wastewater treatment industry may help the lime market gain extra stars of growth due to its excellent acid neutralization properties
• Rapid urbanization in developing economies is giving a Midas touch to the development of the lime market

Lime Market: Growth Dampeners

Though lime is used extensively across various applications, cheaper substitutes are available. Gypsum, limestone, and calcined gypsum are effective and cheaper alternatives to lime. Therefore, this aspect may hinder the growth of the lime market to a certain extent. Limestone is also available at a much lower rate when compared to lime. Therefore, this factor may serve as a growth restraint for the lime market.

Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm

Global Lime Market: Segmentation

By Product

• Quicklime
• Slacked Lime

By Application

• Chemical Intermediates
• Metallurgical
• Construction and Environment
• Agriculture
• Glass
• Paper & Pulp
• Others (including Plastic)

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Browse Latest Reports by TMR: https://www.transparencymarketresearch.com/latest.htm

Explore Transparency Market Research's award-winning coverage of the global Chemicals and Materials Industry,

Metallurgical Coke Market - Metallurgical coke is supposedly heralded as an innovation in the smelting industry, since it reduced dependence on wood and paved way to advancements in furnace capacities. The sales in the metallurgical coke market have thrived due to the application of this in the steel industry. Still, genuine concerns of harmful byproducts of the coke-production process such as COWW has kept producers of metallurgical coke increasingly cautious. This caused them to implement stringent wastewater-discharge standards. Rapid expansion of the steel industry is a key pivot for the evolution of the metallurgical coke market. Over the past two decades, remarkable advancements have been made in coke-producing methods, opening new avenues for players in the value chain.

HEA, HPA, HEMA, & HPMA Market - In terms of volume, the global HEA, HPA, HEMA, & HPMA market is anticipated to expand at a CAGR of ~3% from 2020 to 2030. The rise in usage of water-based coatings in architecture and construction industries across the globe is expected to boost the global HEA, HPA, HEMA, & HPMA market during the forecast period. The paints & coatings industry is shifting toward the use of low VOC and environment-friendly technologies such as water-based coatings and powder coatings. Water-based coatings are also odorless compared to solvent-based coatings. Thus, water-based coatings are preferred over solvent-based coatings. The rise in urbanization in emerging regions such as Asia Pacific and Latin America has led to the expansion of the construction industry. The construction industry is a major consumer of adhesives.

Tetraacetylethylenediamine [TAED] Market - In terms of value, the global tetraacetylethylenediamine (TAED) market is anticipated to expand at a CAGR of ~3% from 2020 to 2030. The growth of the population and considerable increase in disposable income of consumers, primarily in developing economies, have augmented the demand for efficient detergents. This, in turn, has boosted the demand for TAED across the globe. The rise in penetration of washing machines has positively impacted the demand for laundry detergents. Furthermore, increase in usage of household cleaners, primarily in developing countries, is anticipated to drive the demand for detergents, thereby boosting the demand for TAED that is used in them.

Decorative Glass Market - In terms of value, the global decorative glass market is anticipated to expand at a CAGR of ~5% from 2020 to 2030. Decorative glass is often used in interiors of hotels, restaurants, and homes. Decorative glass is also employed in decorative floors, fountains & waterfalls, walls, glass skylights, suspended glass ceilings, decorative windows, and glass dividers. The application of decorative glass in the residential sector helps create a comfortable and safe living space. Thus, decorative glass is often used to cut down on heat and glare, filter out external noise, increase natural lighting, provide security, or improve décor. It is employed in various residential applications, including doors, windows, partitions, shelves, cabinets, staircases, and balconies.

Explore More Upcoming Reports: https://www.transparencymarketresearch.com/upcoming.htm

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/lime-market.htm
Website: http://www.transparencymarketresearch.com

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg