Global Calcium Hydroxide Market 2017-2021
About Calcium Hydroxide
The calcium hydroxide (molecular formula Ca(OH)₂) is derived from lime. Lime is a product derived from limestone through an industrial process. Lime has two product forms: Hydrated lime and quicklime. Hydrated lime has many names such as calcium hydroxide, calcium hydrate, caustic lime, hydrated lime, slaked lime, builders' lime, cal, or pickling lime.
Technavio’s analysts forecast the global calcium hydroxide market to grow at a CAGR of 4.81% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global calcium hydroxide market for 2017-2021. To calculate the market size, the report considers the retail selling price is considered as the average selling price of the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Calcium Hydroxide Market 2017-2021
Technavio recognizes the following companies as the key players in the global calcium hydroxide market: CARMEUSE, Graymont, Lhoist, Mississippi Lime, and Minerals Technologies.
Other Prominent Vendors in the market are: Airedale Chemical, CAO Industries, GFS Chemicals, Hydrite Chemical, and Innovo Chemicals Limited.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing use of alkaline-based process technology. Alkaline papermaking activity in Europe was promoted by the need to regain and recycle secondary fiber, reduce water demand, and reduce process abrasiveness promoted by mineral fillers such as china clays. In North America, neutral or alkaline papermaking was determined by the wish to manufacture more permanent paper products and to significantly reduce the total cost of papermaking as papermaking under acid conditions was restricted by corrosion, inability to reuse a significant amount of process water, and a failure to produce robust products.”
According to the report, one of the major drivers for this market is increase in demand for construction and infrastructure development. Calcium hydroxide has various applications in the building and construction sector, such as ready-made mortars, interior and exterior plaster mixes, paving, and coatings. Increased construction and infrastructure development are expected to boost the consumption of polymers and concretes, thus, driving the demand for calcium hydroxide. A rise in the population in EMEA, especially in Africa and the Middle East, has led to the need for infrastructure development.
Further, the report states that one of the major factors hindering the growth of this market is environmental hazards of limestone mining. Calcium hydroxide occurs as calcium carbonate, which is composed of limestone. Limestone mining can disturb ground water conditions. Limestone deposits frequently arise in association with karst, a landscape where limestone gradually dissolves away underground. The deposits result in caves, sinkholes, and areas of rock ruptures that create underground drainage areas. Mining occurring in karst can result in disturbance to natural aquifers and flows of underground water. Often, excavating operations remove ground water to expose the mining site, which can lower the water table and change the flow of the water through the rock formations.
CARMEUSE, Graymont, Lhoist, Mississippi Lime, Minerals Technologies, Airedale Chemical, CAO Industries, GFS Chemicals, Hydrite Chemical, and Innovo Chemicals Limited.
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