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U.S. Lime Market | Coherent Market Insights

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Title: U.S. Lime Market | Coherent Market Insights


1
Coherent Market Insights
  • Market Research and Business Consultation
    Services
  • https//www.coherentmarketinsights.com/
  • Covid-19 Impact Tracker

2
U.S. LIME MARKET ANALYSIS
  • U.S. Lime Market, By Product Type (Quick Lime,
    Hydrated Lime), By Application (Cement
    Manufacturing, Metal Manufacturing, Chemical
    (Water Treatment, Flue Gas, Others), Fertilizer,
    Pulp Paper, Others), and By Region (Northeast,
    Midwest, South, Western) - Size, Share, Outlook,
    and Opportunity Analysis, 2020 2027
  • The U.S. lime market is projected to
    surpass US 3.7 billion by the end of 2027, in
    terms of revenue, growing at CAGR of 3.7 during
    the forecast period (2020 to 2027).

3
Drivers
  • Growing demand for lime in the production of
    precipitated calcium carbonate is expected to
    serve as a major driving factor for the market of
    U.S. lime. Precipitated calcium carbonate has a
    wide range of application which includes paper,
    plastic, paint, rubber, and ink. Moreover,
    precipitate calcium carbonate is also used in the
    production of calcium-based antacid formulation
    and multi-vitamin tablets due to its high content
    of calcium.

4
  • Growth in the construction industry in the U.S.
    is propelling the market growth of lime in the
    region. According to the Associated General
    Contractors of America, construction industry is
    a major contributor to the U.S. economy. The
    industry creates nearly 1.3 trillion worth of
    structures each year. Therefore, growth in the
    construction industry is the country is expected
    to accelerate the market growth of lime over the
    forecast period. 
  • Regionally, South dominated the U.S. lime market
    in 2019, reporting 38 market share in terms of
    revenue, followed by Midwest and Western,
    respectively.

5
Figure 1. U.S. Lime Market, Revenue Share (), By
Region, 2019
6
Market Restraints
  • Storage time of lime is a key challenge faced by
    manufacturer especially among the major players
    and this is expected to hinder the market growth
    of lime. Lime cannot be stored for a longer time
    because lime changes its chemical and physical
    characteristics very easily when it comes in
    contact with moisture and carbon dioxide which
    makes it unsuitable for use.
  • Limited production of lime due to harsh weather
    conditions is expected to hinder the market
    growth of the U.S. lime. Limited production of
    lime is a major factor expected to restrict the
    market growth of lime over the forecast period.

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8
Market Opportunities
  • Growing consumption of cement in the U.S. is
    expected to represent potential opportunities to
    the market of the lime. According to the data by
    CEIC Data, the United States cement consumption
    data was reported at 96,800.000 Metric Ton th in
    Dec 2017. This records an increase from the
    previous number of 94,200.000 Metric Ton th for
    Dec 2016. Thus growing consumption of cement in
    the U.S. is projected to augment the market
    growth of lime.
  • Growth in the pulp paper industry in the U.S.
    country is expected to present lucrative growth
    opportunities to the market of the U.S. According
    to the Trading Economics, the United States
    exports of paper and paperboard, articles of
    pulp, paper and board was US 15.07 Billion
    during 2019. Therefore, the growing pulp and
    paper industry in the country is expected to
    augment the market growth of the U.S. lime over
    the forecast timeframe. 

9
Figure 2. U.S. Lime Market Opportunity Analysis
10
Market Trends
  • The rising trend of using lime in environmental
    applications such as wastewater treatment is
    expected to augment the market growth. Moreover,
    the majority of an industrialist in the country
    produced a large amount of wastewater that
    contain harmful chemicals and other product which
    are require to be treated before it dispose of in
    the environment. Thus, the growing demand for
    lime from the wastewater treatment industry is
    expected to augment the market growth.
  • The growing use of precipitated calcium carbonate
    (PCC) in the polymer and pulp paper industry is
    another major trend expected to foster market
    growth. Moreover, manufacturers are focusing on
    introducing fine grade lime in order to meet the
    rising demand from end-use industries in the
    region is expected to accelerate the market
    growth of the U.S. lime over the forecast period.

11
Figure 3. U.S. Lime Market, Revenue Share (),
Application, in 2019
12
Regulations
  • The Lime Maximum Achievable Control Technology
    (MACT) Rules, 2002
  • In the United States, commonly used fuel for the
    production of lime is coal, followed by the coke.
    Emissions of gases during the combustion of coal
    and other fuels make the lime production to come
    under the regulatory scrutiny of the Clean Air
    Act (CAA). 
  • The governing authorities and the U.S
    Environmental Protection Agency (EPA) has
    introduced regulations on the lime manufacturers
    to limit the hazardous and harmful air pollutants
    from the lime operating plants. These
    regulations, known as the Maximum Achievable
    Control Technology (MACT) rules, are aimed to
    target emissions of hydrochloric acid,
    particulate matter, and the metallic hazardous
    air pollutants.

13
U.S. lime Market - Impact of Coronavirus
(Covid-19) Pandemic
  • Manufacturers in lime market are facing major
    challenges to operate due to various factors such
    as disruptions in supply chains, lack of
    sub-contractors raw materials, and the
    dissolution of contracts and expense control.
    This scenario is expected to continue to reduce
    the demand of lime services across the globe
    which in turn will hinder the growth of the U.S.
    lime market for a short term period till the end
    of 2021. However, functional activities in
    various industries are likely to continue after
    short-term period and stabilize the market growth
    during 2021-2022.

14
Competitive Section
  • Key players are operating in the U.S. lime market
    are Carmeuse, The United States Lime Minerals,
    Inc., Cheney Lime Cement Company, Lhoist,
    Linwood Mining Minerals, Pete Lien Sons,
    Inc., Mississippi Lime Company, Graymont Limited,
    and Valley Minerals LLC

15
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16
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
  • Business Consulting Services
  • Market Intelligence Services
  • Long term Engagement Model
  • Country Specific Analysis

17
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

18
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