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Market research analysts at Technavio predict that the global calcium oxide market will grow steadily at a CAGR of close to 5% by 2021. The use of calcium oxide for animal waste treatment is cost-effective and helps control odor and maintain pH. Lime calcium oxide prevents pathogens by monitoring the environment mandatory for bacterial growth. Additionally, calcium oxide also increases the temperature of the waste to approximately 158°F which helps in drying the solid waste faster and provides pasteurization. This will result in an increase in the usage of calcium oxide for animal waste treatment, which will be one of the primary factors that will have a positive impact on the growth of the quicklime market.
One of the latest trends that will gain traction in the calcium oxide market in the coming years is the increase in modernization of calcium oxide production plants in Europe. The calcium oxide market in Europe is undergoing modernization of plants in terms of adjusting the fuel mix to lower carbon emissions. The modernization of plants increases the efficiency of engines and other technical progress, thereby reducing carbon emission. For instance, optimized grinding and cooling lead to energy-efficiency gains.
The calcium oxide market appears to be highly fragmented and the large players in the commercial market are vertically integrated with their limestone assets. Since proximity to customers is one of the key factors that play a significant role in the growth of the vendors, the calcium oxide market is highly localized and regionalized. Product pricing, the consistency of the product, and packaging are some of the other factors that impact vendor growth in the quicklime market.
The leading vendors in the market are -
The other prominent vendors in the market include Omya, OKUTAMA KOGYO, and SCHAEFER KALK.
During 2016, the metals industry segment accounted for the major shares in the quicklime market. Aluminum is the second most used metal in the transportation sector after steel. In addition to the shift of car models from steel to aluminum and the rising aluminum concentration in vehicles, the rising production of aircraft, automobiles, personal cars, and commercial vehicles also drive the demand for aluminum from the transportation sector.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the calcium oxide market by 2021. The growth of the market in APAC is mainly driven by the increased consumption of non-ferrous metals in countries such as China, Japan, and India. With a rise in automobile production, technological and infrastructure development, and the use of aluminum in home appliances, the demand for metals will considerably increase in these regions in the coming years.
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This upcoming market research report on the calcium oxide market is an integral part of Technavio's chemicals and materials portfolio and offers key insights into the market space for metals and minerals. Technavio's insightful market research reports also offer insights on the market size, forecast, trends, and industry analysis to help clients build effective growth strategies.
Additionally, by implementing an extensive research approach of quantitative and qualitative data collection methods and assessing the changing demand-supply landscape of the metals and minerals sector, the upcoming market research report on the calcium oxide market offers insights into the key market drivers, trends, and eminent challenges that will influence the growth of the key suppliers in this market space.
This market research report on the calcium oxide market also takes into account the growth of related market like bentonite market, which is anticipated to post an impressive CAGR of over 2%, respectively during the forecast period. Furthermore, this upcoming market research report on the calcium oxide market also covers vendors like Carmeuse, Graymont, Lhoist, Mississippi Lime, and Minerals Technologies.
The upcoming industry report on the calcium oxide market also offers insights into fast-growing segments within the chemicals and materials industry, including sectors like specialty chemicals and olefins. Additionally, the report also presents insights into the changing competitive landscape and gives clients a complete view of the future direction of the chemicals and materials industry.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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