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Australia Lime Market Top Key Players and Deep Analysis | Becoming Demanding Product for Australia

02-18-2021 08:16 AM CET | Fashion, Lifestyle, Trends

Press release from: Coherent Market Insights

Australia Lime Market

Australia Lime Market

Lime is also referred to as calcium hydroxide, is derived from the limestone such as quicklime and hydrated lime. Lime find application in building and engineering materials such as limestone product, concrete, cement, and mortar. Lime is also used in wastewater treatment with ferrous sulfate. Moreover, it is also used across industrial application such as the food industry, construction, and steel industry. Furthermore, lime also find application in the agriculture sector and is highly important for the production of sugar.

The rising demand for lime from the wastewater treatment industry in Australia is projected to propel the market growth. Growing environmental concerns and strict government rules for recycling of water, especially in industries are raising the adoption of various water and wastewater treatment plants in the country. Moreover, lime is also used as a water softener which is further anticipated to propel market growth over the forecast period.

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What are the growth estimates for the Australia lime market till 2027?
The Australia lime market is estimated to reach US$ 339.5 Billion by 2027

Which are the Top Key Players of Australia lime market?
Major players operating in the Australia lime market include Adelaide Brighton Ltd, Boral Ltd., Sibelco Australia, Omya Australia Pty Ltd, Wagners, and Lime Group Australia.

What are the key factors hampering growth of the Australia lime market?
The low cost of the import lime and clinker, coupled with decrease in the farm production due to fluctuating climate and other environmental issues in the Australia are some of the major factors to hamper growth of the market over the forecast period.

What is the CAGR of Australia lime market?
The Australia lime market is estimated to exhibit a CAGR of 1.7% during the forecast period.

Contact Us:-
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:-
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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