In September 2021, the R&D Center of the National Mineral Development Corporation (NMDC) collaborated with CSIR-IMMT (Institute of Minerals and Materials Technology) to Develop Various Types of Research Projects on the Technologies of Iron Ore Mining

At temperatures reaching 800°C, calcium oxide is extracted from mussels or limestone. Animal dung can be treated economically with quicklime, which helps to regulate pH levels and decrease odour. Bacteria and pathogens are prevented from increasing in the environment by quicklime. To make bleaching powder, it is obtained by decarbonizing lime springs. It is a common practice to use bleaching powder for household and environmental health.  ​

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The global quicklime market is expected to reach USD 9,801,298.80 thousand by 2029 from USD 7,335,860.08 thousand in 2022, growing with a CAGR of 4.2% in the forecast period. The demand for quicklime is fueled by demand from the steel industry. The demand for quicklime in steelmaking is being driven by the expanding usage of lime in electric arc furnaces, AOD converters, and refining ladles. It serves as a purifying agent in steel production, eliminating impurities, sulphur, and phosphorus.      

Growing usage of precipitated calcium carbonate across the world will drive the market's growth rate

Quicklime is essentially precipitated calcium carbonate made from high-purity calcium carbonate rock, commonly referred to as limestone. It is possible to obtain precipitated calcium carbonate, which has a finer particle size distribution and is more suitable for very smooth and high gloss formulations of industrial products. Quicklime is used as filler in adhesives and sealants in various industries, creating demand for quicklime in the market. In addition, quicklime is mainly used as a major rheological additive in manufacturing high-performance industrial products. Quicklime is the form of precipitated calcium carbonate 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; this may propel the demand for quicklime. Furthermore, precipitated calcium carbonate used as quicklime makes the products stronger and is mined from limestone used in different coatings. Thus, growing usage of precipitated calcium carbonate is expected to act as a diver for the global quicklime market.

Report Scope and Market Segmentation

Segment Analysis:

The global quicklime market is segmented into three notable segments based on form, product, and application.

• Based on form, the global 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 global quicklime market with a 27.70% market share as it is widely used in steel and other industrial manufacturing area as fluxing agent, which is expected to boost its demand in the forecast year. In Asia-Pacific, the crushed or pebble is projected to dominate the region since it has excellent chemical features compared to other forms, increasing its demand in the region. In North America, the crushed or pebble is projected to dominate as crushed or pebble has high resistance capacity that helps sustain the temperature balance of any product and thus raise its demand in the region.
• Based on product, the global quicklime market is segmented into high calcium, magnesium, dolomitic, and others. In 2022, the high calcium segment is expected to dominate the global quicklime market with a 37.99% market share, as it is the most effective alkaline material for disinfection and odor treatment. In Asia-Pacific, the high calcium is projected to dominate the region since high calcium has high dimensional stability, increasing its demand in the region. In North America, high calcium is projected to dominate the region as high calcium has good thermal conductivity, thus raising its demand.

The high calcium segment will dominate the product segment of the quicklime market

The high calcium segment will emerge as the dominating segment under product with approximately 38% market share. This is because of the growing number of infrastructural development activities in the market, especially in the developing economies. Further, growth and expansion of the chemicals and industry all around the globe will further bolster the growth of this segment.

• Based on application, the global quicklime market is segmented into metallurgy, building and construction materials, water treatment, mining, chemicals, and others. In 2022, the building and construction materials segment is expected to dominate the global quicklime market with a 30.18% market share as it is an important ingredient in cement manufacturing. In Asia-Pacific, building and construction materials are projected to dominate the region since quicklime provides long life to construction materials, increasing its demand in the region. In North America, building and construction materials are projected to dominate the region, as quicklime strengthens the soil composition and thus increases its demand in the region.

The building and construction materials segment will dominate the application segment of the quicklime market

The building and construction materials segment will emerge as the dominating segment under application segment. This is because of the growing availability of building and construction materials in the market, especially in developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.

Major Players

Data Bridge Market Research recognizes the following companies as the market players in quicklime market: CARMEUSE (Belgium), Graymont Limited (Canada), Cheney Lime & Cement Company (U.S.), Lhoist Group (Belgium), Mississippi Lime Company (U.S.), Linwood Mining & Minerals Corporation (U.S.), SMA Mineral AB (Sweden), Pete Lien & Sons, Inc. (U.S.), Adelaide Brighton Cement Ltd. (Australia), Boral (Australia), Nordkalk Corporation (U.S.), United States Lime & Minerals, Inc. (U.S.).

Market Development

• In July 2021, Lhoist North America and Maerz Ofenbau AG started up a new lime kiln in Montevallo, U.S. Lhoist North America has expanded its dolomitic quicklime production at Marble Falls, Texas, and a new lime kiln at its New Braunfels, Texas facility. With this expansion, the company can tap into the untapped market areas.
• In September 2021, the R&D center of the National Mineral Development Corporation (NMDC) collaborated with CSIR-IMMT (Institute of Minerals and Materials Technology) to develop various types of research projects on the technologies of iron ore mining.

Regional Analysis

Geographically, the countries covered in the quicklime market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region in quicklime market during the forecast period 2022 - 2029

China's enormous expansion in the use of precipitated calcium carbonate has led to Asia-Pacific dominating the world market for quicklime. Due to the region's expanding mining industry, the Asia-Pacific region is predicted to continue its trend of dominance between 2022 and 2029. Rising demand for iron and steel from various industries, China is driving the growth of the Asia-Pacific market.

North America is estimated to be the fastest growing region in quicklime market the forecast period 2022 - 2029

North America will score the highest growth rate due to the region's extensive use of quicklime in the building and construction sector, the U.S. is the market leader in North America.  

COVID-19 Impact

The COVID-19 pandemic started to spread globally around the start of 2020. The world's leading economies have ordered a halt to operations and set permanent restrictions. The quicklime market has been severely impacted, as have the majority of life support businesses. The manufacturing facility experienced a staff shortage for production activities as a result of the lockdown in several areas of the planet. The overall product call may be impacted by the closure of several end-use businesses, which will likely result in a drop in quicklime demand. In the final months of 2020, governments are expected to ease restrictions on activities like creation and the manufacturing of metal products, and the industry is anticipated to restore its historical demand in the next few years.

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