World Lime Market To Grow 5.1% Annually From 2015 To 2019

Date: 2015-06-15

Global demand for limeis forecast to expand5.1% p.a. between 2015and 2019. China, India, Panama, Senegal andthe United States and are considered the highestpotential markets in the coming years. 
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global limeindustryis forecast to reach 5.1% p.a. in the coming years.Between 2008 and 2014 the market increased with an average annual growth of 15.7%. Currently, quicklimeaccounts for 66.4% of the global demand while the remaining market share is divided between slaked lime (31.9%) and hydraulic lime (1.7%).
China, France, India, Russia and the United Statesrepresent the largest lime markets while the strongest annual growth is forecast to occur in Senegal (25.2%), Panama (17.7%), Estonia (14.8%), Bangladesh (12.3%) and Vietnam (11.4%).


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