Global Lime And Gypsum Market Size By Product Type, By Application, By End-User Industry, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Lime And Gypsum Market Size By Product Type, By Application, By End-User Industry, By Geographic Scope And Forecast
Lime And Gypsum Market Size And Forecast
The global Lime And Gypsum Market size is valued at USD 62.29 Billion in 2024 and is projected to reach USD 109.28 Billion by 2031, growing at a CAGR of 7.28% during the forecast period 2024-2031.
Global Lime And Gypsum Market Drivers
Numerous market factors affect the growth and dynamics of the Lime And Gypsum Market, which encompasses goods including gypsum, quicklime, and hydrated lime. Depending on the sector, the applications, and the local conditions, these drivers may change. The Lime And Gypsum Market is driven by the following main factors
Growth in the Construction Industry The Lime And Gypsum Market is significantly influenced by the construction industry. In the construction industry, lime and gypsum are utilised as binders in plaster, mortar, and concrete, among other applications.
Infrastructure Development Lime and gypsum are used in the construction of roads, bridges, and public utilities as well as for soil stabilisation and asphalt modification.
Growth in Real Estate building Products based on gypsum, such as plasterboard and plasterboard, are in greater demand as the real estate and housing building sectors expand.
Lime is utilised in a wide range of industrial and chemical processes, including the synthesis of chemicals, the treatment of wastewater, and the usage of flux in metallurgical operations.
Agriculture In order to improve nutrient availability and balance soil acidity, lime is a necessary soil supplement. The necessity to increase crop yields and farming operations are what fuel the demand for agricultural lime.
Environmental rules The use of gypsum and lime in flue gas desulfurization (FGD) systems in power plants is driven by environmental rules pertaining to wastewater treatment and emissions control.
The utilisation of gypsum and lime in environmentally friendly and sustainable building methods, including LEED (Leadership in Energy and Environmental Design) construction, stimulates market expansion.
Renewable Energy The renewable energy sector uses lime and gypsum, especially in biomass power plants, which leads to a need for environmental management systems that make use of these materials.
Water Treatment & Purification Gypsum is used to remove heavy metals and pollutants from wastewater, whereas lime is used to soften water and regulate pH levels.
Urbanisation and Population Growth The need for building materials rises with the expansion of urban areas and population growth, propelling the lime and gypsum industry.
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Global Lime And Gypsum Market Restraints
The market for lime and gypsum is subject to many constraints that may impact its expansion and trends. These limitations may change based on the area, sector, and particular market circumstances. Typical market limitations that affect the Lime And Gypsum Market include
Economic Recessions Reductions in industrial and building operations can have an effect on the demand for gypsum and lime.
Costs of Raw Materials Price fluctuations for raw materials, such as gypsum and limestone, can have an impact on the price of final goods and manufacturing expenses.
Environmental Concerns Although environmental rules can be a motivator, they can also act as a brake because observing them may result in higher expenses for waste management and pollution control.
Competition from Alternative Materials Alternative materials, such as gypsum plasterboard alternatives or alternative soil stabilisers, present competition for the market in a number of applications.
Market Saturation The Lime And Gypsum Markets may be saturated in some areas, which could result in price rivalry and possible declines in profit margins.
Technological Developments The market for conventional lime and gypsum products may be impacted by the emergence of substitute building materials as a result of technological breakthroughs and advances.
Exorbitant transportation and handling expenses for large-scale products such as gypsum and lime can impede market expansion into remote areas.
Regulatory Hold-Ups The supply chain may be affected by hold-ups in getting the required licences and permissions for mining and processing activities.
Construction business Cycles Because the construction business is cyclical, there may be times when demand for lime and gypsum products is both high and low.
Dependency on Particular Industries The Lime And Gypsum Market may be highly dependent on particular industries, such as agriculture and construction, which leaves it susceptible to changes in those sectors.
Global Lime And Gypsum Market Segmentation Analysis
The Global Lime And Gypsum Market is segmented based on By Product Type, By Application, By End-User Industry, and Geography.
Lime And Gypsum Market, By Product Type
QuicklimeAlso known as calcium oxide (CaO), quicklime is a key product used in various applications, including construction, agriculture, and industrial processes.
Hydrated LimeHydrated lime, or calcium hydroxide (Ca(OH)2), is produced by slaking quicklime with water and is used in water treatment, construction, and more.
GypsumGypsum products include natural gypsum and synthetic gypsum, used in construction materials like drywall, as well as in agriculture and industrial applications.
Lime And Gypsum Market, By Application
ConstructionLime and gypsum are used in various construction applications, including as binders in mortar, plaster, and concrete, and in drywall, stucco, and cement production.
AgricultureLime and gypsum are used as soil conditioners in agriculture to adjust pH levels, improve nutrient availability, and enhance soil structure.
IndustrialLime and gypsum have industrial applications, such as in metallurgical processes, flue gas desulfurization (FGD) systems, and wastewater treatment.
Environmental ControlLime is used in environmental control systems, particularly in FGD systems in power plants to reduce sulfur dioxide emissions.
Water TreatmentBoth lime and gypsum are used in water treatment processes, with lime used for water softening and pH adjustment and gypsum for wastewater treatment.
HealthcareGypsum products are used in the healthcare industry for making casts and molds, particularly in orthopedic applications.
Agricultural LimeSpecific to the agriculture sector, agricultural lime is used to improve soil quality and crop yields.
Lime And Gypsum Market, By End-User Industry
Construction and Building MaterialsThis segment includes companies involved in the production of construction materials and building products.
AgricultureAgricultural end-users include farmers, agricultural cooperatives, and agribusinesses.
Industrial and ManufacturingIndustries using lime and gypsum in various processes, such as metallurgy, chemicals, and wastewater treatment.
Environmental and EnergyThis segment includes power plants, utilities, and environmental control system providers.
Healthcare and MedicalHealthcare institutions and medical equipment manufacturers are included in this segment.
Water TreatmentWater treatment plants and companies in the water and wastewater treatment sector.
Lime And Gypsum Market, By Geography
North AmericaMarket conditions and demand in the United States, Canada, and Mexico.
EuropeAnalysis of the Lime And Gypsum Market in European countries.
Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
Middle East and AfricaExamining market dynamics in the Middle East and African regions.
Latin AmericaCovering market trends and developments in countries across Latin America.
Key Players
The major players in the global Lime And Gypsum Market include
Compagnie de Saint-Gobain S.A.
USG Corporation
China National Building Material Group Co. Ltd.
Lhoist S.A.
CRH plc
New Ngc Inc.
Knauf Gips KG
CSR Limited
KCC Corporation
Ube Industries Ltd.
Boral Limited
Etex Group
HeidelbergCement
Cemex
Holcim
Continental Building Products
Eagle Materials
Georgia-Pacific
Mada Gypsum Company
Gypsemna Company LLC
CHIYODA UTE Corporation
Beihai Yinhe New Material Technology Co., Ltd.
Tianjin Zhongfu Technology Co., Ltd.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Compagnie de Saint-Gobain S.A., USG Corporation, China National Building Material Group Co. Ltd., Lhoist S.A., CRH plc, New Ngc Inc., Knauf Gips KG, CSR Limited, KCC Corporation, Ube Industries Ltd.
SEGMENTS COVERED
By Product Type, By Application, By End-User Industry, and Geography.
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