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Lime And Gypsum Products Global Market Report 2022

Lime And Gypsum Products Global Market Report 2022

  • May 2022
  • 300 pages
  • ID: 6282168
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major companies in the lime and gypsum products market include Compagnie de Saint-Gobain S.A, USG Corporation, China National Building Material Group Co. Ltd, Lhoist S.A, CRH plc, New Ngc Inc., Knauf Gips KG, CSR Limited, KCC Corporation, and Ube Industries Ltd.

The global lime and gypsum products market is expected to grow from $47.71 billion in 2021 to $52.45 billion in 2022 at a compound annual growth rate (CAGR) of 9.9%. The market is expected to grow to $72.95 billion in 2026 at a CAGR of 8.6%.

The lime and gypsum products market consist of sales of lime and gypsum products by entities (organizations, sole traders, and partnerships) manufacturing lime.Limestone quarried by blasting the mines is crushed and fed into a rotary kiln.

The rotary kiln transforms the limestone into lime when subjected to high temperatures. The lime refining process includes milling, hydration, and lime slurry preparation.

The main types of lime and gypsum products are lime products and gypsum products.Lime products refer to the calcium that contains inorganic materials that are composed of hydroxides, oxides, and calcium oxides.

The different product types include industrial-grade, pharmaceutical-grade, and food-grade and are used in building and construction, agriculture, waste-water treatment, paper production, and other applications.

Western Europe was the largest region in the lime and gypsum products market in 2021.The Asia Pacific was the second-largest region in the lime and gypsum products market.

The regions covered in the clay products and refractories report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Automated manufacturing systems are gaining popularity as they enhance manufacturing productivity and reduce operating costs.Automation systems refer to a machine, tool, or technology such as robotic and AI technology that helps to reduce human intervention and improve safety in the lime and gypsum manufacturing processes such as processing, assembling, material handling.

This allows manufacturing companies to increase efficiency and production, improve safety on the manufacturing floor, enhance product quality, perform complex and varied tasks, enhance process stability, provide flexibility to produce products, and eliminate routine manual tasks. According to a global robotics report by the International Federation of Robotics (IFR), a robotic company, global industrial robots deployed in manufacturing processes increased to 2.6 million units in 2019.

Global lime and gypsum product manufacturing companies are adopting and implementing IoT technology to improve their efficiencies and drive productivity.IoT connects people, machines, and services enabling the flow of information and real-time decisions.

IoT technology offers benefits such as increased asset uptime, efficient predictive maintenance, and faster processing and delivery time. According to a survey conducted by Mckinsey, 27% of the manufacturing companies adopt IoT to optimize service operations, 20% to improve visibility of operations, 14% to enable new business models, products, and services, and 12% to optimize the manufacturing process.

The countries in the lime and gypsum products market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam.

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