Scienza e Tecnologia
Lime Market to Surpass Valuation of US$ 78.1 Bn by 2031: TMR Study
An in-depth lime market revenue analysis asserts that industrial use of lime in water softening process is likely to gather momentum on back of stringent regulations in water and wastewater treatment industry. The TMR study thus found the market growth has been stirred on the back of consumption of the products by municipalities. Slaked lime and quicklime have been lucrative segments, notably due to massive uptake in steel and other end-use industries.
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Some of the key players in the lime market are Brookville Manufacturing, Cornish Lime, Valley Minerals LLC, Sigma Minerals Ltd., Carmeuse, Cape Lime (Pty) Ltd., Pete Lien & Sons, Inc., Minerals Technologies Inc Graymont, Cheney Lime & Cement Company, and Lhoist. Key players are constantly leaning on reducing production and operation costs as a key strategy to boost their profitability.
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