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Lime Market: Metal Industry to Provide Significant Growth Opportunities over the Forecast Period: U.S. Industry Analysis and Opportunity Assessment, 2016-2026

Lime Market: Metal Industry to Provide Significant Growth Opportunities over the Forecast Period: U.S. Industry Analysis and Opportunity Assessment, 2016-2026

Lime is a low cost-high volume commodity that is derived from heating limestone and is consumed on a large scale in the United States. There are two types of lime generally available in the market – quick lime and hydrated lime – and are used across various applications including metal processing, cement manufacturing, pulp and paper processing, etc. Revenue from the sales of lime in the U.S. market is estimated to be valued at US$ 2,538.1 Mn by 2016 end. The U.S. lime market is estimated to register a value CAGR of 3.7% during the forecast period 2016–2026.

Increasing use of lime to remove impurities during metallurgical operations likely to boost market growth

The domestic metal industry in the U.S., which suffered from dumping of low cost products in the country, is expected to strengthen its position over the coming years. A huge amount of lime is used to eliminate impurities during metallurgical operations such as in the manufacturing process of ferrous (iron and steel) and non-ferrous (alumina & bauxite, magnesium, copper, zinc, lead, etc.) metals. Due to developments in the metal industry, the demand for lime is also anticipated to experience significant rise and the market is forecast to register healthy growth over the coming years. Another key driver impacting the demand for lime in the U.S. market is its increasing use for producing precipitated calcium carbonate (PCC). PCC, due to its high calcium content, is progressively being used in the manufacture of paints, paper, plastic, rubber, calcium-based antacid tablets and liquids, multi-vitamin/mineral tablets, etc. The growing use of PCC, specifically in the healthcare, polymer, and paper industries, is expected to drive demand for lime in the U.S market over the forecast period.

Growing prominence of lime alternatives such as limestone, calcined gypsum, magnesium hydroxide etc. are expected to pose challenges to its market growth in the country. Besides, less storage time is another challenge faced by market players in the U.S. lime market. Lime, when stored for more than six months, changes its physical and chemical characteristics due to absorption of carbon dioxide and moisture, and the product becomes unsuitable for use. These factors are likely to restrict revenue growth of the U.S lime market over the forecast period.

Market Segmentation

By Product Type

By Application

By Region

Quick Lime

Hydrated Lime

Cement Manufacturing

Metal Manufacturing

Chemical (Water Treatment, Flue Gas, Others)

Fertilizer

Pulp & Paper

Others

Northeast

Midwest

South

Western

Quick Lime product type segment anticipated to continue a disproportionate dominance throughout the forecast period

The Quick Lime segment accounted for a volume share of 85.2% in the U.S. lime market in 2015. This segment is anticipated to register a volume CAGR of 3.1% over the forecast period.

Metal Manufacturing and Chemical application segments estimated to consume approximately two-thirds of the total lime consumed in the U.S. by 2016 end

The Metal Manufacturing segment accounted for 32.7% value share in the U.S lime market in 2015. The Chemical segment is estimated to register a value CAGR of 3.7% between 2016 and 2026.

The South and Midwest regions expected to remain the key markets for lime through 2026

The Midwest and South regions, collectively accounting for 76.2% value share, dominated the U.S. lime market in 2015. Growth of the steel industry in South U.S. is expected to boost lime consumption growth in the region.

u-s-lime-market_Image-for-preview-analysis

Top companies are expanding their production facilities and introducing latest technology and equipment to meet market demand

CARMEUSE, United States Lime & Minerals Inc., CHENEY LIME & CEMENT COMPANY, Lhoist, Linwood Mining & Minerals Corporation, Pete Lien & Sons Inc., Mississippi Lime Company, Graymont Limited, and Valley Minerals LLC are some of the leading players operating in the U.S lime market. Some of these companies have followed a strategy of acquisitions and alliances to expand their presence and retain market share.


1. Executive Summary
2. Market Introduction
2.1. Market Taxonomy
3. Lime Market Analysis Scenario
3.1. Market Volume Analysis
3.1.1. Production Outlook
3.1.2. Consumption Outlook
3.1.3. Production vs. Consumption Outlook
3.1.4. Net Trade Scenario
3.2. Pricing Analysis
3.2.1. Pricing Assumptions
3.2.2. Price Projections per Region
3.3. Market Size (US$ Mn) and Forecast
3.3.1. Market Size and Y-o-Y Growth
3.3.2. Absolute $ Opportunity
3.4. Market Overview
3.4.1. Value Chain
3.4.2. List of Active Participants
3.4.2.1. Raw Material
3.4.2.2. Manufacturers
3.4.2.3. Distributors / Retailers
3.5. Cost Structure Analysis
4. Market Dynamics
4.1. Macro-economic Factors
4.2. Drivers
4.2.1. Supply Side
4.2.2. Demand Side
4.3. Challenges
4.4. Opportunity
4.5. Trends
4.6. Regulations
4.7. Forecast Factors – Relevance and Impact
5. U.S. Lime Market Analysis and Forecast, by Product Type
5.1. Introduction
5.1.1. Basis Point Share (BPS) Analysis by Product Type
5.1.2. Y-o-Y Growth Projections by Product Type
5.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Product Type
5.2.1. Quick Lime
5.2.2. Hydrated Lime
5.3. Market Attractiveness Analysis by Product Type
6. U.S. Lime Market Analysis and Forecast, by Application
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Application
6.1.2. Y-o-Y Growth Projections by Application
6.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Application
6.2.1. Cement Manufacturing
6.2.2. Metal Manufacturing
6.2.3. Chemical
6.2.3.1. Water Treatment
6.2.3.2. Flue Gas
6.2.3.3. Others
6.2.4. Fertilizer
6.2.5. Pulp & Paper
6.2.6. Others
6.3. Market Attractiveness Analysis by Application
7. U.S. Lime Market Analysis and Forecast, by Region
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Region
7.1.2. Y-o-Y Growth Projections by Region
7.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Region
7.2.1. Northeast
7.2.2. Midwest
7.2.3. South
7.2.4. Western
7.3. Market Attractiveness Analysis by Region
8. Northeast U.S. Lime Market Analysis and Forecast
8.1. Introduction
8.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Product Type
8.2.1. Quick Lime
8.2.2. Hydrated Lime
8.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Application
8.3.1. Cement Manufacturing
8.3.2. Metal Manufacturing
8.3.3. Chemical
8.3.3.1. Water Treatment
8.3.3.2. Flue Gas
8.3.3.3. Others
8.3.4. Fertilizer
8.3.5. Pulp & Paper
8.3.6. Others
8.4. Market Attractiveness Analysis
8.4.1. by Product Type
8.4.2. by Application
8.5. Drivers and Restraints: Impact Analysis
9. Midwest U.S. Lime Market Analysis and Forecast
9.1. Introduction
9.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Product Type
9.2.1. Quick Lime
9.2.2. Hydrated Lime
9.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Application
9.3.1. Cement Manufacturing
9.3.2. Metal Manufacturing
9.3.3. Chemical
9.3.3.1. Water Treatment
9.3.3.2. Flue Gas
9.3.3.3. Others
9.3.4. Fertilizer
9.3.5. Pulp & Paper
9.3.6. Others
9.4. Market Attractiveness Analysis
9.4.1. by Product Type
9.4.2. by Application
9.5. Drivers and Restraints: Impact Analysis
10. South U.S. Lime Market Analysis and Forecast
10.1. Introduction
10.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Product Type
10.2.1. Quick Lime
10.2.2. Hydrated Lime
10.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Application
10.3.1. Cement Manufacturing
10.3.2. Metal Manufacturing
10.3.3. Chemical
10.3.3.1. Water Treatment
10.3.3.2. Flue Gas
10.3.3.3. Others
10.3.4. Fertilizer
10.3.5. Pulp & Paper
10.3.6. Others
10.4. Market Attractiveness Analysis
10.4.1. by Product Type
10.4.2. by Application
10.5. Drivers and Restraints: Impact Analysis
11. Western U.S. Lime Market Analysis and Forecast
11.1. Introduction
11.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Product Type
11.2.1. Quick Lime
11.2.2. Hydrated Lime
11.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast by Application
11.3.1. Cement Manufacturing
11.3.2. Metal Manufacturing
11.3.3. Chemical
11.3.3.1. Water Treatment
11.3.3.2. Flue Gas
11.3.3.3. Others
11.3.4. Fertilizer
11.3.5. Pulp & Paper
11.3.6. Others
11.4. Market Attractiveness Analysis
11.4.1. by Product Type
11.4.2. by Application
11.5. Drivers and Restraints: Impact Analysis
12. Competition Landscape
12.1. Competition Dashboard
12.2. Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)
12.3. U.S. Players
12.3.1. CARMEUSE
12.3.2. United States Lime & Minerals, Inc.
12.3.3. CHENEY LIME & CEMENT COMPANY
12.3.4. Lhoist
12.3.5. Linwood Mining & Minerals
12.3.6. Pete Lien & Sons, Inc.
12.3.7. Mississippi Lime Company
12.3.8. Graymont Limited
12.3.9. Valley Minerals LLC

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