Market Size of Calcium Hydroxide Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Calcium Hydroxide Market Analysis
The market for calcium hydroxide is expected to register at a CAGR of greater than 4% during the forecast period.
COVID-19 significantly impacted the construction, water treatment, and pulp and paper industries, thus hampering the market growth. However, the industry recovered from that time onwards, and the market is driven by steady expansion in the construction, pulp, paper, and wastewater treatment industries.
- One of the major factors driving the market studied is the growing investment in the United States construction sector. Due to strict drinking water regulations, the wastewater treatment industry dominated the market globally and is expected to grow during the forecast period.
- However, the increasing renewable sources adoption for power generation in utility plants, as they avoid the need for flue gas treatment, is expected to restrain the market growth.
- The latest developments in FGD (Flue Gas Desulfurization) technology result in higher efficiency. It is expected to act as an opportunity in the coming future.
- Asia-Pacific dominated the global market, with enormous consumption from China and followed by India.
