The forecast for hydrated lime used in flue gas desulfurization in the US shows a steady increase from 2024 to 2028, starting at 474.18 thousand metric tons in 2024 and reaching 525.04 thousand metric tons by 2028. Compared to 2023, where actual figures were not provided, this indicates continued demand growth. The year-on-year growth rates are consistent, showing increases: 2.76% (2024-2025), 2.63% (2025-2026), 2.53% (2026-2027), and 2.41% (2027-2028). The compound annual growth rate (CAGR) over this forecasted period is approximately 2.58%.
Future trends to watch for include innovations in emissions control technologies, regulatory changes impacting emissions standards, and shifts in energy production sources. These factors could potentially alter demand trends for hydrated lime in flue gas desulfurization.