Dublin, Aug. 23, 2024 (GLOBE NEWSWIRE) -- The "Calcium Hydroxide Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering.
The global calcium hydroxide market is projected to witness a substantial growth at a CAGR of 4.17% over the forecast period of 2024-2029. Affirming its versatility, calcium hydroxide's increasing utilization spans across construction to agriculture, contributing to its expanding market presence.
Construction and Water Treatment Industries Catalyze Market Expansion
The advancement in global construction practices, especially in developing economies, has significantly driven the calcium hydroxide market, with the compound's usage as a binder and a stabilizer in soil and concrete gaining prominence. Concurrently, the imperative of quality water treatment necessitates the use of calcium hydroxide in ensuring optimal potability of drinking water, elevating its demand in the industry.
Agricultural Sector Support
Aiding global food production, calcium hydroxide serves as a critical soil conditioner in the agricultural sphere, aligning with the rising demands of the burgeoning population. Its additional functions as a pesticide, fungicide, and herbicide further accentuate its market value, sustaining demand.
Regional Insights and Market Segment Analysis
Asia Pacific dominates the calcium hydroxide market due to rapid urbanization and infrastructure growth, particularly in China and India. The region's escalating construction activities, alongside pressing water treatment needs and a flourishing agricultural landscape, have cemented its leading position in the calcium hydroxide marketplace.
Growth Outlook
Strategically poised for growth, the calcium hydroxide market exhibits future promise fueled by global urbanization, advanced water treatment needs, intensive agricultural practices, and the production advantages within the Asia-Pacific region.
The forecasted growth encapsulates the compound's value offering as an ecological and effective solution, which resonates with modern sustainable development goals and heightened environmental awareness. With a positive outlook shaping the market, stakeholders are encouraged to align with the dynamic trends and regulatory landscapes to harness its full potential.
Market Segmentation and Geographical Distribution
The market study segments the calcium hydroxide market by end-user industries such as water treatment, construction, and environmental gas treatment, with a detailed geographical analysis across North America, Europe, Asia-Pacific, the Middle East, Africa, and South America.
Companies Featured
- CAO Industries Sdn Bhd
- Carmeuse
- GFS Chemicals, Inc.
- Graymont Limited
- Hydrite Chemical
- Innova Corporate
- Jost Chemical Co
- Lhoist
- Mississippi Lime Company
- United States Lime & Minerals, Inc
For more information about this report visit https://www.researchandmarkets.com/r/42ehki
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