In the limelight: Expanding regulatory measures will likely boost demand for industry products
Lime Manufacturing in the US Over the five years to 2019, the Lime Manufacturing industry experienced minor setbacks. Despite broad uses of lime, particularly the expanding applications of lime products in the pollution abatement market, revenue growth slowed between 2014 and 2016. Overall, domestic operators were unable to overcome a reduction in lime volumes sold in North America during the five-year period, mainly due to intensifying competition, causing several US plants to shut down in 2016 and 2017. However, the outlook for operators in the Lime Manufacturing industry is positive. Over the five years to 2024, the industry will benefit from a substantial uptick in construction activity, particularly from a growing housing construction market. Industrial production will also climb, driving greater usage of industry products for emissions control.
The Lime Manufacturing industry comprises operators that manufacture lime from calcitic limestone, dolomitic limestone or other calcareous materials, such as coral, chalk and shells. Lime manufacturing operators 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.
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