(Food-Beverage-News.Com, January 30, 2025 ) The global Lime Market is driven by the expanding construction sector, particularly in developing economies like India and China, fueled by population growth and housing demand. Additionally, the steel industry's growth, particularly through the use of hydrated lime in steel production and metallurgy, boosts lime demand. Its applications in refining metals like aluminum and magnesium, along with recent regulatory changes, further support the lime industry’s growth.
In 2024, the Asia Pacific held the largest market share with a revenue of USD XX billion in 2024. Rapid growth in the construction sector, especially in China and India, and the booming steel industry are driving lime demand. Increased investments in construction and infrastructure by governments and private companies boost the region's lime market growth.
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