NEW YORK, March 15, 2024 /PRNewswire/ — The global calcium hydroxide market size is expected to grow by 15650.28 thousand tons from 2022 to 2027. The market is estimated to grow at a CAGR of 3.96% during the forecast period. Moreover, the growth momentum will accelerate. Technavio has segmented the market based on end-user, grade type, and region. The environmental water treatment segment is poised for significant market share growth throughout the forecast period, driven by escalating demand worldwide. This segment encompasses water desalination and wastewater treatment, crucial for mitigating health, environmental, and climate risks posed by untreated wastewater, which often flows back into ecosystems. Municipal wastewater treatment facilities are on the rise globally, addressing wastewater from various sources. Factors such as urbanization, industrialization, environmental concerns, and government initiatives are propelling market expansion. Our comprehensive report offers insights into historical and projected market shares, highlighting the driving forces behind the segment’s growth from 2017 to 2027.
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Report Coverage |
Details |
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Page number |
167 |
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Base year |
2022 |
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Historical year |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.96% |
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Market growth 2023-2027 |
15,650.28 thousand tons |
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Market structure |
Fragmented |
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YoY growth (%) |
2.72 |
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Regional analysis |
APAC, Europe, North America, South America, and the Middle East and Africa |
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Performing market contribution |
APAC at 58% |
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Key consumer countries |
US, China, India, Indonesia, and Germany |
Geography overview
Based on geography, the global calcium hydroxide market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the market.
- APAC will account for 58% of the global calcium hydroxide market during the forecast period. The region is the largest producer and consumer of calcium hydroxide. In countries such as China, industrialization is growing at a rapid pace. Hence, the demand for calcium hydroxide in the region is high owing to its use in industrial and sewage wastewater treatment applications.
Key factors driving market growth
The increase in construction and infrastructure development activities is driving the global calcium hydroxide market. Calcium hydroxide is used in various applications, such as ready-made mortars, interior and exterior plaster mixes, paving, and coatings, in the building and construction sector. The consumption of polymers and concretes is expected to rise owing to the increasing construction and infrastructure development activities, which, in turn, will boost the demand for calcium hydroxide. These factors will drive the growth of the market during the forecast period.
- The modernization of lime production plants in Europe is a key trend in the market.
- The environmental hazards of limestone mining are challenging the global calcium hydroxide market’s growth.
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Analyst Review
In recent years, the Calcium Hydroxide Market has witnessed significant growth, driven by a myriad of factors spanning from technological innovations to stringent market regulations. Aided by the increasing demand for alkaline-based technologies across various sectors, calcium hydroxide, also known as slaked lime, has emerged as a pivotal player in industries such as water treatment, construction, and power generation.
One of the primary applications of calcium hydroxide lies in flue gas desulfurization (FGD) technology, particularly in the removal of gaseous pollutants and efficiency enhancement in power generation. Its usage in wastewater treatment has also been instrumental, owing to its ability to effectively neutralize acidity, improve water quality, and precipitate heavy metals and bacteria.
The market’s growth trajectory is further fueled by the escalating urbanization and infrastructural development activities, especially in emerging economies like China, where the building and construction industry is witnessing a surge. Moreover, the rising awareness regarding environmental sustainability has propelled the adoption of calcium hydroxide in renewable sources and industrial water treatment sectors.
With the advent of advanced technological innovations, manufacturers are continually striving for value chain optimization and product approvals, facilitating seamless geographical expansions and market share amplification. Additionally, research and development initiatives are focused on enhancing the efficiency and effectiveness of calcium hydroxide-based solutions, catering to the evolving needs of diverse application niches.
The market analysis indicates a robust forecast for the calcium hydroxide market, driven by factors such as increased demand for drinking water production, pH regulation in various processes, and the growing significance of alternative water treatment technologies. Furthermore, the import-export analysis underscores the global significance of calcium hydroxide, with its odorless white powder finding extensive usage in industries ranging from pulp and paper to dental.
In conclusion, the calcium hydroxide market presents lucrative opportunities for stakeholders, propelled by a confluence of factors including technological base, industry trends, and market regulations. With a keen focus on strategic market growth analysis and product launches, players in this space are poised to capitalize on emerging revenue pockets and establish a stronghold in the ever-expanding market landscape.
Market Overview
Innovations in the Calcium Hydroxide market are reshaping alkaline-based technologies, especially in building and construction activities. Airedale Chemical, a key player in this domain, is pioneering alternative water treatment technologies utilizing calcium hydroxide. This compound finds versatile applications in dental uses, catering to niche segments with its exceptional properties. Market growths, as analyzed by Data Bridge Market Research, indicate promising prospects for calcium hydroxide across various categories. Its efficacy in dental applications underscores its significance in healthcare. With continuous advancements, calcium hydroxide is poised to redefine standards in multiple sectors, offering sustainable solutions and driving industry evolution.
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Table of contents:
1 Executive Summary
2 Landscape
3 Sizing
4 Historic Size
5 Five Forces Analysis
6 Segmentations
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
