Asia-Pacific Quicklime Market, By Form (Large Lump, Crushed or Pebble, Ground, Pulverized, Pelletized and Others), Product (High Calcium, Magnesium, Dolomitic, and Others), Application (Metallurgy, Building and Construction Materials, Water Treatment, Mining, Chemicals and Others), Country (Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific), Industry Trends and Forecast to 2029.
Market Analysis and Insights: Asia-Pacific Quicklime Market
Asia-Pacific quicklime market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyzes that the market is growing at a CAGR of 4.7% in the forecast period of 2022 to 2029 and expected to reach USD 3,913,074.88 thousand by 2029.
Quicklime is an amorphous white solid with a high melting point of 2600 degrees Celsius. It forms slaked lime, when it interacts with water. Quicklime high calcium and dolomitic, which are extensively used as a flux in purifying steel. It provides durable mortar and plaster and soil stabilization. It also improves water quality, especially for water softening and arsenic removal. Quicklime can be applied on various applications, such as building and construction materials, metallurgy, chemicals, mining, paper, and pulp production among others.
The major drivers contributing to the growth of the quicklime market include growing usages of precipitated calcium carbonate high adoption of quicklime in building & construction industry. The major restraints which may impact the global quicklime market growth are volatility in the prices of quicklime raw materials and complicated process for producing quicklime.
Several opportunities associated with the quicklime market include increasing demand for iron and steel from different industries and rising mining activities. In order to fulfill the growing demand for quicklime products in building and construction and water treatment industry, some companies are expanding their production capacities and entering in agreement across different regions. Besides, strict government regulations for manufacturing and commercializing of quicklime is challenging the growth of the market.
The Asia-Pacific quicklime market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Quicklime Market Scope and Market Size
Asia-Pacific quicklime market is segmented into three notable segments, which are based on form, product, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the Asia-Pacific quicklime market is segmented into large lump, crushed or pebble, ground, pulverized, pelletized, and others. In 2022, the crushed or pebble segment is expected to dominate the market as it is widely used in steel and other industrial manufacturing areas as fluxing agent.
- On the basis of product, the Asia-Pacific quicklime market is segmented into high calcium, magnesium, dolomitic, and others. In 2022, the high calcium segment is expected to dominate the market as it is the most effective alkaline material for disinfection and odor treatment.
- On the basis of application, the Asia-Pacific quicklime market is segmented into metallurgy, building and construction materials, water treatment, mining, chemicals, and others. In 2022, building and construction materials segment is expected to dominate in Asia-Pacific quicklime market, as it is an important ingredient in manufacturing of cement.
Asia- Market Country Level Analysis
Asia-Pacific quicklime market is segmented into three notable segments which are based on the form, product, and application.
The countries covered in Asia-Pacific quicklime market report are Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific. China is leading the growth of the Asia-Pacific market due to easy and advanced production of the quicklime with high quality material in the country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growing Usage of Precipitated Calcium Carbonate
Quicklime is used as filler in adhesives and sealants in various industries. In addition, quicklime is mainly used as a major rheological additive in the manufacture of high-performance industrial products. Quicklime in the form of precipitated calcium carbonate is also used as calcium in the diet and is primarily used for liquid products where very small particle size is important. Many medicines and cosmetics contain precipitated calcium carbonate as a base material for tablets or filling chemicals, ointments, and creams.
Quicklime is commonly used in paints and inks as a bulking agent to increase the capacity and porosity of dry ceilings. It is used as a fine and highly consistently controlled filler and helps control the flow and shape characteristics of fine components. Quicklime can also be supplied coated with additives to improve gloss and support adhesion in the paper industry.
Furthermore, precipitated calcium carbonate used as quicklime makes the products stronger and is mined from limestone, which is used in different coatings. For this reason, growing usage of precipitated calcium carbonate is expected to act as a diver for the Asia-Pacific quicklime market.
Competitive Landscape and Magnet Wire Market Share Analysis
Asia-Pacific quicklime market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Asia-Pacific next generation anode materials market.
Some of the major market players engaged in the Asia-Pacific quicklime market are CARMEUSE, Graymont Limited, Cheney Lime & Cement Company, Lhoist Group, Mississippi Lime Company, Linwood Mining & Minerals Corporation, SMA Mineral AB, Pete Lien & Sons, Inc., Adelaide Brighton Cement Ltd., Boral, Nordkalk Corporation, United States Lime & Minerals, Inc., Cape Lime, Saudi Lime Industries Co., Emirates Lime Factory, Super Cement Manufacturing Company LLC, Valley Minerals LLC, CMI Company, Märker Gruppe, Kalkfabrik Netstal, Brenntag, Yoshizawa Lime Industry CO.,LTD., and Austin White Lime Company, Ltd. are among others.
For instance,
- In July 2021, Lhoist North America and Maerz Ofenbau AG have started up a new lime kiln in Montevallo, USA. Lhoist North America has expanded its dolomitic quicklime production at Marble Falls, Texas, as well as a new lime kiln at its New Braunfels, Texas facility. With this expansion the company can tap the untapped market areas.
- In June 2014, Graymont Limited announced that they have entered into an agreement with Holcim to acquire the assets of Taylor’s Lime from the company. This acquisition reflects Graymont’s confidence in the long-term growth prospects for the New Zealand economy and the region. This acquisition is subject to obtaining all the usual regulatory approvals. The Asia-Pacificquicklime market is segmented into three notable segments based on the form, product, and application.
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