Lime green: Rising construction and new environmental applications will foster steady growth
Lime Manufacturing in the US
Over the five years to 2017, the Lime Manufacturing industry experienced minor setbacks. Despite broad uses of lime, particularly the expanding applications of lime products in the pollution abatement market, many industry operators struggled to remain profitable. Overall, domestic operators were unable to overcome a reduction in lime volumes sold in North America over the five-year period, mainly due to intensifying competition from Chinese imports. Despite reduced production, efficiency gains, as well as favorable macroeconomic economic conditions, boosted overall industry profit. The outlook for operators in the Lime Manufacturing industry is positive. Over the five years to 2022, the industry will benefit from a substantial uptick in construction activity, particularly from a strengthening housing construction market.
The Lime Manufacturing industry comprises establishments that manufacture lime from calcitic limestone, dolomitic limestone or other calcareous materials, such as coral, chalk and shells. Lime manufacturing establishments may mine, quarry, collect or purchase the sources of calcium carbonate.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.