Press release
GCC Calcium Oxide Market to Reach USD 264.2 Million by 2035, Growing at 4.6% CAGR
GCC Calcium Oxide Market
Calcium oxide, commonly known as quicklime, plays a pivotal role in these sectors due to its versatile applications.
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Infrastructure Development Fueling Demand
The GCC region has witnessed a surge in infrastructure projects, including skyscrapers, airports, highways, and residential complexes. These developments are significantly boosting the demand for calcium oxide, particularly for soil stabilization purposes. The application of calcium oxide in soil stabilization enhances the engineering properties of soil, rendering it suitable for construction activities. As GCC nations continue to prioritize the expansion of their transportation networks and the establishment of robust foundations for infrastructure projects, the demand for calcium oxide in soil stabilization is expected to rise correspondingly.
Key Takeaways:
• Market Growth: The GCC calcium oxide market is projected to reach USD 264.2 million by 2035, growing at a CAGR of 4.6%.
• Construction Demand: Infrastructure expansion across the GCC, especially in soil stabilization, is driving demand.
• Dominant Segment: Commercial-grade calcium oxide leads the market due to its wide industrial applications.
• Local Supply Strength: Approximately 95% of calcium oxide demand in the GCC is met through domestic production.
• Key Players: Major companies like Saudi Lime Industries, Emirates Lime Factory, and QNCC are investing in capacity and innovation to meet rising regional demand.
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Competitive Landscape
The GCC calcium oxide market is characterized by intense competition among key players who are focusing on expanding production capacities and engaging in research and development activities to enhance product quality and applications.
Notable companies in the market include:
• Saudi Lime Industries Co.: As Saudi Arabia's largest manufacturer of quicklime, hydrated lime, and dolomitic lime, the company serves metallurgical, chemical, and construction applications. Emphasizing high-purity production and advanced calcination technology, Saudi Lime Industries Co. is a preferred choice for industrial and infrastructure projects within the GCC.
• Emirates Lime Factory: Leading the UAE market, Emirates Lime Factory supplies quicklime for steelmaking, water treatment, and environmental markets. The company focuses on sustainable, energy-efficient lime production through advanced kiln technology, ensuring the delivery of high-quality quicklime.
• Qatar National Cement Company (QNCC): Dominating Qatar's cement and lime industry, QNCC produces quicklime utilized in cement batching, soil stabilization, and flue gas desulfurization for industrial and power plants. The company leverages its cement production capabilities to provide cost-effective lime supplies for infrastructure projects.
• Oman Lime Industry LLC: Specializing in quicklime and hydrated lime, Oman Lime Industry LLC caters to the steel, mining, and wastewater treatment sectors. The company ensures product uniformity and high reactivity through precision calcination and customized formulations.
• United Lime Industries Co. (ULI): ULI offers tailored quicklime solutions for chemical processing, water treatment, and agriculture, emphasizing specialty lime formulations to meet unique granulometry and purity specifications. The company is strengthening its regional supply chain to support infrastructure and industrial developments in the GCC.
Other significant players contributing to the market include Kuwait Lime Company, Al Jazeera Lime Factory, Riyadh Cement Company - Lime Division, Bahrain Lime & Chemicals W.L.L., Fujairah Lime Industry FZC, Jabal Al Dhanna Lime Co., Al Safwa Lime & Chemicals, Al Kout Industrial Projects Co. (Kuwait), Lhoist Middle East, and United Mining Industries (UMI).
Inorganic Chemicals Industry Analysis: https://www.futuremarketinsights.com/industry-analysis/inorganic-chemicals
GCC Calcium Oxide Market Segmentation
By Grade:
Based on the grade, the market is segmented into food grade and commercial grade.
By End Use Industries:
On the basis of end-use industries, the market is segmented into building and construction, iron and steel, water treatment, food industry, glass making, agriculture, and others.
By Country:
On the basis of country, the market is segmented into United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Bahrain, and Oman.
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