Lime Market in Mexico records a CAGR of 3.70% from 2021 to 2026| Rising Adoption of Lightweight Machinery across Industries to Drive Growth | 17000+ Technavio Research Reports
NEW YORK, Feb. 17, 2022 /PRNewswire/ -- The lime market share in Mexico is expected to increase by 223.43 thousand tons from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.70% as per the latest market report by Technavio. The lime market share growth in Mexico by the hydrated lime segment will be significant for revenue generation. The hydrated lime market segment is primarily driven by the rapid growth in wastewater treatment infrastructure. It is the primary ingredient used in treating acidic impurities and restoring the pH balance of water. The growth in population and the rising scarcity of freshwater resources in Mexico are leading to the need for significant investments in domestic and industrial wastewater treatment and recycling. such factors will continue to boost the growth of the market in focus through the hydrated lime segment during the forecast period.
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Lime Market in Mexico: Rising adoption of lightweight machinery across industries to drive growth
The rising adoption of lightweight machinery across industries is one of the key drivers supporting the lime market growth in Mexico. Aluminum is the most popular metal in the manufacture of lightweight machinery. Several manufacturers prefer aluminum due to its recyclability and resistance to corrosion. Rising concerns about the impact of industries on the environment have led to the enforcement of stringent regulations to reduce the carbon footprint of industries in Mexico. Also, aluminum leaves a smaller carbon footprint and helps reduce both energy and fuel consumption in different types of construction and industrial machinery, and automobiles. Therefore, the growing adoption of lightweight machinery in manufacturing is expected to boost the growth of the lime market in Mexico during the forecast period.
Lime Market in Mexico: Rising demand for alkaline-based papermaking to be a major trend
The rising demand for alkaline-based papermaking is another factor contributing to the lime market growth in Mexico. Hydrated lime finds high application in alkaline-based papermaking, especially for customization. Growing concerns over environmental sustainability in the last few years have resulted in a revival of alkaline-based papermaking. The papermaking improves energy efficiency and minimizes the carbon footprint through secondary fiber recycling and reduced water consumption in the papermaking process. For instance, several vendors, such as Mineral Technologies, are developing high filler technologies to minimize fiber consumption during alkaline-based paper manufacturing. Overall, it is expected to gain traction and gradually replace the traditional papermaking process during the forecast period, which will support the growth of the lime market in Mexico during the forecast period.
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Lime Market In Mexico: Segmentation Analysis
This market research report segments the lime market in Mexico by Product (Hydrated lime and Quicklime) and Distribution Channel (Offline and Online). Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the lime market size in Mexico and actionable market insights on each segment.
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Lime Market In Mexico Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 3.70% |
Market growth 2022-2026 | 223.43 thousand tons |
Market structure | Fragmented |
YoY growth (%) | 3.28 |
Regional analysis | Mexico |
Performing market contribution | Mexico at 100% |
Key consumer countries | Mexico |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Adbri Ltd., Boral Ltd., Brookville Manufacturing, CEMEX SAB de CV, Cheney Lime and Cement Co., Graymont Ltd., Linwood Mining and Minerals Corp., Minerals Technologies Inc., Mississippi Lime Co., and United States Lime and Minerals Inc. |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Hydrated lime - Market size and forecast 2021-2026
- Quicklime - Market size and forecast 2021-2026
- Market opportunity by Product
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline - Market size and forecast 2021-2026
- Online - Market size and forecast 2021-2026
- Market opportunity by Distribution channel
Customer landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Adbri Ltd.
- Boral Ltd.
- Brookville Manufacturing
- CEMEX SAB de CV
- Cheney Lime and Cement Co.
- Graymont Ltd.
- Linwood Mining and Minerals Corp.
- Minerals Technologies Inc.
- Mississippi Lime Co.
- United States Lime and Minerals Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviationsT
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SOURCE Technavio
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