Europe & Middle East Lime Market foreseen to grow exponentially over 2031

Europe & Middle East Lime Market: Introduction

Transparency Market Research delivers key insights on the Europe & Middle East lime market. In terms of revenue, the lime market in Europe & Middle East is estimated to expand at a CAGR of ~6% and ~7%, respectively, during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the Europe & Middle East lime market.

The Europe & Middle East Lime market is broadly affected by several factors, including usage of lime in various applications such as metallurgical, construction & environment, water and wastewater treatment, agriculture, chemical intermediates, glass, paper & pulp, food & beverage, etc. Increase in application of lime is propelling the lime market in Europe & Middle East.

Europe & Middle East Lime Market: Drivers

Lime products are used in a wide range of applications in drinking water and the wastewater management industry, such as control of pH, clarification of water, precipitation of dissolved pollutants, neutralization of acidic waste water, and management and reduction of the concentration of oxidizable organic pollutants.

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Water is used in day-to-day production activities in various industries such as chemicals, mining, and ore production. Hence, water that is discharged from these industries after usage is polluted. Lime is utilized as a key ingredient to purify water before using it again or discharging it into the nature. Lime is applied for flocculation of organics in water to remove impurities from wastewater. Lime and lime-based binders are also employed to solidify and stabilize degraded sediments for reuse.

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The rise in the number of issues of industrial polluted water in developing regions of the Middle East and Eastern Europe is expected to drive the demand for lime and lime-based products during the forecast period.

Europe & Middle East Lime Market: Restraints

The manufacturing cost of lime is significantly high. Lime needs to be extracted from the earth’s rocks through the process of blasting or mechanical excavation. Subsequently, it is crushed into the desired shape and size. After the crushing process, lime undergoes a screening process, where it is sorted into different categories. The grinding is carried out to make a fine powder of lime. Significant capital is required to build the lime manufacturing capacity. High entry barriers for new players with respect to cost and scale parameters are key restraints of the lime market.

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The availability of alternatives such as calcined gypsum, limestone, and magnesium hydroxide is anticipated to hinder the lime (quick lime and hydrated lime) market over the next few years.

Europe & Middle East Lime Market: Prominent Regions

In terms of region, the lime market has been segmented into Europe and Middle East. The lime market in Europe has been divided into Germany, Poland, Hungary, Czech Republic, France, the U.K., Spain, Greece, Austria, Serbia, Croatia, Bosnia, Montenegro, Bulgaria, Romania, Ukraine, Belarus, Turkey, Russia, Belgium, Italy, and Rest of Europe. Russia and Germany are two players that hold a major share, in terms of value, of the market in Europe.

The Middle East Lime market has been segregated into Saudi Arabia, UAE, Egypt, Iran, and Rest of Middle East. Iran holds more than 50% share of lime market, in terms of volume, in the Middle East. However, the market share held by Iran is anticipated to decline, owing to rising tensions between the U.S. and Iran.

Europe & Middle East Lime Market: Key Players

The Europe & Middle East Lime market is fragmented with the presence of a large number of players. Key players operating in the Europe & Middle East lime market are Minerals Technologies Inc., Nordkalk Corporation, CARMEUSE, Lhoist Group, Emirates Lime Factory, Saudi Lime Industries Co., CALES PASCUAL SL, Singleton Birch Limited, Clogrennane Lime, Calcis Warstein GmbH & Co. KG, Märker Kalk GmbH, Köhler Kalk GmbH, and Fels-Werke GmbH.

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