The forecast data for lime used in environmental applications such as water treatment and acid-mine drainage in the US shows a gradual decline from 2024 to 2028. In 2024, the estimated usage is 77.61 thousand metric tons, decreasing annually to 74.63 thousand metric tons by 2028. Compared to these projections, the actual value for 2023 was the baseline for this downward trend.
Year-on-year analysis indicates a consistent decrease, with around less than a 1% reduction annually. The compound annual growth rate (CAGR) over the five-year forecast period reflects a negative average variation, reinforcing the gradual decline in volume.
Future trends to watch for include advancements in water treatment technologies that may reduce reliance on lime, stricter environmental regulations influencing lime usage, and broader market dynamics such as changes in mining activities affecting demand.
