Calcium Oxide Market Size was valued at USD 4.7 Billion in 2022. The calcium oxide industry is projected to grow from USD 4.9 Billion in 2023 to USD 7.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.60% during the forecast period (2023 - 2032). Increased construction activities worldwide boost the demand for calcium oxide in cement and mortar production are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for the calcium oxide marketplace experiences a vast enhance because of the growing use of opportunity fuels, a trend pushed through environmental issues and sustainability goals. As industries international are seeking purifier energy sources, the demand for opportunity fuels like biomass and waste-derived fuels rises. According to statistics from the International Energy Agency (IEA), the proportion of renewables inside the power blend is constantly increasing, accomplishing 29% in 2021. Calcium oxide performs a vital function on this transition, specially in techniques like biomass combustion, wherein it serves as a desulfurizing agent, aligning with emission discount targets.
The ongoing construction boom globally is some other primary driver propelling the calcium oxide marketplace forward. With fast urbanization and infrastructure improvement tasks on the upward thrust, the demand for production materials, along with those using calcium oxide, studies a widespread surge. According to the Construction 2030 document through Construction Perspectives and Oxford Economics, the extent of construction output is projected to grow by using 85% to $15.5 trillion with the aid of 2030. This growth is closely tied to the multiplied use of calcium oxide in cement and mortar, showcasing an instantaneous correlation between the construction region's growth and the demand for calcium oxide.
Furthermore, the wave of industrialization contributes notably to the calcium oxide market's growth. As industries evolve and amplify their operations, the want for calcium oxide in diverse applications, such as metallurgical approaches and chemical production, intensifies. A report by the United Nations Industrial Development Organization (UNIDO) highlights the continuing industrialization trends, emphasizing the transformation of economies with an outstanding growth in industrial output. This shift enhances the call for calcium oxide, reinforcing its function as a key factor in commercial methods and packages. Thus, driving the Calcium oxide market revenue.
The Calcium oxide market segmentation, based on Application includes cement and concrete blocks, steel slag, glass, organic chemicals, food additive, others. The steel slag segment dominated the market 2022. Growing industrial sectors require calcium oxide for various applications, such as metallurgical processes and chemical manufacturing.
The Calcium oxide market segmentation, based on End Use includes construction, agriculture, food industry, chemical industry, mining, others. The construction category generated the accounting for over 22%. Government investments in infrastructure projects drive the demand for calcium oxide in road construction and building materials. Rising concerns about water quality lead to increased use of calcium oxide in water treatment processes for purification.
Figure 1: Calcium oxide Market, by End Use, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. Stringent environmental standards encourage the use of calcium oxide in waste treatment and emission control. Growing industrial sectors require calcium oxide for various applications, such as metallurgical processes and chemical manufacturing. In addition, the Asian population in North America is rapidly expanding. It is increasing demand for calcium oxide End Uses in North America.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: CALCIUM OXIDE MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
North America Calcium oxide market accounts for the second-largest market share due to the Rising concerns about water quality lead to increased use of calcium oxide in water treatment processes for purification. Further, the German Calcium oxide market held the largest market share, and the UK Calcium oxide market was the fastest growing market in the European region
The Asia-Pacific Calcium oxide Market is expected to grow at the fastest CAGR from 2023 to 2032. Increasing demand for chemicals drives the market, as calcium oxide is a key component in various chemical processes. Moreover, India Calcium oxide market held the largest market share, and the Indian Calcium oxide market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their End Use lines, which will help the Calcium oxide market, grow even more. In the aggressive landscape of the calcium oxide market, several key gamers form the industry dynamics, each contributing to the marketplace's increase and innovation. These businesses are strategically placed to leverage their knowledge and sources in manufacturing and distribution. One outstanding participant is Mississippi Lime Company, a main producer of high-calcium quicklime and hydrated lime merchandise. With a robust focus on sustainable answers and product great, Mississippi Lime has set up itself as a key contributor to the calcium oxide marketplace. The competition to develop more environmentally friendly and sustainable chemical techniques because the cultivation of oxide can have negative environmental effects, such as construction and chemical industry, with important market developments including public Awareness, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, calcium oxide industry must offer cost-effective End Use.
Creating novel and cutting-edge End Uses, such as cement and concrete blocks calcium oxide End Uses and food items made with calcium in the calcium oxide industry to benefit clients and increase the market sector. In recent years, the calcium oxide industry has cement and concrete blocks Investing in brand building activities to create a strong brand presence in the market. Major players in the calcium oxide market, including American Elements, Calchem, CAO Industries Sdn Bhd, Graymont, Heidelberg Cement Group, Lafarge Tarmac, Lhoist, Merck KGaA, Mississippi Lime Company, Omya UK Chemicals, and others, are attempting to increase market demand by investing in research and development operations.
American Elements, founded in 1998, stands as a prominent supplier and manufacturer of advanced materials, including a diverse range of high-purity chemicals and metals. Headquartered in Los Angeles, California, the company boasts a comprehensive product catalog that spans elements, alloys, and compounds, serving industries such as aerospace, electronics, energy, and pharmaceuticals. American Elements is renowned for its commitment to innovation, providing cutting-edge materials tailored to meet the stringent specifications of research and development projects worldwide. With a focus on sustainability, the company leverages its expertise to contribute to advancements in technology, manufacturing, and various scientific fields.
Calchem, established with a vision for excellence in the lime and limestone industry, has emerged as a leading supplier of calcium oxide and calcium hydroxide products. Based in Salinas, California, the company specializes in providing high-quality lime solutions to diverse sectors, including agriculture, construction, and environmental applications. Calchem's dedication to customer satisfaction is reflected in its stringent quality control measures and adherence to environmentally responsible practices throughout the production process. With a strategic approach to meeting the evolving needs of its clients, Calchem has positioned itself as a reliable partner in delivering top-tier lime products essential for various industrial and agricultural applications.
American Elements
Calchem
CAO Industries Sdn Bhd
Heidelberg Cement Group
Lafarge Tarmac
Lhoist
Mississippi Lime Company
Omya UK Chemicals
In February 2019: Kentucky-based Yager Materials was acquired by Carmeuse Lime & Stone for the expansion of their business.
In January 201: Hydrite Chemical Co. purchased Organic Defoamer Group (ODG) in order to improve service to its clients in a variety of sectors, including water treatment, mining, fermentation, grain processing, sugar, and food products.
Cement and Concrete Blocks
Steel Slag
Glass
Organic Chemicals
Food Additive
Others
Construction
Agriculture
Food Industry
Chemical Industry
Mining
Others
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 4.7 Billion |
| Market Size 2023 | USD 4.9 Billion |
| Market Size 2032 | USD 7.63 Billion |
| Compound Annual Growth Rate (CAGR) | 5.60% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Cover | Application, End Use, and Region |
| Geographies Cover | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Cover | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | American Elements, Calchem, CAO Industries Sdn Bhd, Graymont, Heidelberg Cement Group, Lafarge Tarmac, Lhoist, Merck KGaA, Mississippi Lime Company, Omya UK Chemicals |
| Key Market Opportunities | Growing demand from emerging economies |
| Key Market Dynamics | Growing demand for steel |
Calcium Oxide Market Highlights:
Frequently Asked Questions (FAQ) :
The Calcium oxide market size was valued at USD 4.7 Billion in 2022.
The market is projected to grow at a CAGR of 5.60% during the forecast period, 2023-2032.
North America had the largest share in the market
The key players in the market are American Elements, Calchem, CAO Industries Sdn Bhd, Graymont, Heidelberg Cement Group, Lafarge Tarmac, Lhoist, Merck KGaA, Mississippi Lime Company, Omya UK Chemicals
The steel slag category dominated the market in 2022.
The construction had the largest share in the market.
Team Lead - Research Anshula mandaokar holds an academic degree in chemical engineering and has been contributing to the field for more than 5 years. she has expertise in market research and business consulting and serves as a team lead for a reputed market research firm under the chemicals and materials domain spectrum. she has worked on multiple projects, generating explicit results in a quick turnaround time. her understanding of data interpretation justifies her role as a leader.
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