Calcium oxide, also known as quicklime, is a white crystalline and alkaline compound that is made by calcining in a lime kiln. Calcium oxide is extracted from mussels or limestone at extremely high temperatures exceeding 800°C. Calcium oxide is an economical method of animal manure treatment, which helps to control odor and balance pH level. Calcium oxide prevents pathogens and bacteria from growing in the environment. It is obtained by decarbonizing lime springs and used to prepare bleaching powder. Bleaching powder is widely used in the environment and family health. Calcium oxide is an acid neutralizer used to treat acid soil and maintain its acidity.
Market Scope and Structure Analysis
Calcium oxide is used in construction, households, water treatment, agriculture and other sectors, and is expected to drive the calcium oxide market in the next few years.
COVID-19 Impact Analysis
- At the beginning of 2020, the COVID-19 pandemic began to spread around the world. Millions of people worldwide are infected with the COVID-19 disease. The major economies in the world have issued permanent bans and orders to stop operations. Most life support industries have been hit hard, and thereby calcium oxide market.
- Due to the lockdown in major parts of the world, the manufacturing unit faced lack of manpower for production work.
- The shutdown of some end use industries is probable to influence the general product call leads to decline the demand for calcium oxide.
- With governments lifting the regulations on activities including creation and metal products production in the closing area of 2020, the enterprise is anticipated to regain its vintage call for in the subsequent couple of years.
Top Impacting Factors
- Demand from the steel industry is empowering the demand for lime in the market. Emerging use for lime in electric arc furnaces, AOD converters, and in refining ladles is driving the demand for calcium oxide in steelmaking. It is used in steelmaking as a purifying agent to eliminate impurities and for removing sulfur and phosphorus.
- Calcium Oxide has a hazardous impact on health. It reacts vigorously with water, which can lead to severe irritation when inhaled or when meeting skin and eyes. Moreover, in extreme cases, quicklime exposure can cause abdominal pain, vomiting, and nausea. When reacted with water, it can release enough heat to ignite combustible materials. Hence, their production must be carefully observed and has to conform to various environmental regulations, which may act as a restraining factor in the market.
- Rise in demand for the biofuel industry is expected to provide an opportunity for the market for calcium oxide. This is expected to impact the increase in usage of calcium oxide as a solid heterogeneous catalyst for the preparation of biodiesel from palm oil.
Market Trends
- The capacity of calcium oxide to react with silicates and different substances to shape answers makes it relevant to numerous processes. Manufacturers withinside the metal and metallurgical industries are the main purchasers of calcium
- oxide, as they use it for melting and purification of different metals.
- In metal manufacturing, calcium oxide is used as a clinker agent, which is used to dispose of impurities from metallic parts. The addition of calcium oxide is vital for electric powered arc furnaces, Argon Oxygen Decarburization converters, and in refining ladles. It has different utilities withinside the metallurgical enterprise as a corrosion protector and as a neutralizer of acids. Further, calcium oxide is likewise used withinside the manufacturing of copper, lead, zinc, silver, nickel, gold, uranium, etc. to segregate impurities by way of floatation of various metal salts.
- The U.S. is the fourth-biggest manufacturer of crude metal withinside the world, with greater than a hundred manufacturing flora in the country. The manufacturing ranges declined through a completely low margin, which recovered post 2016, through accomplishing a quantity of 87 million metric ton.
- The U.S. population is expected to develop from 321.2 billion to 338.0 billion. This, in turn, cerates an increased demand for residential housing, that's similarly anticipated to expand residential constructions.
- Commercial construction is likewise expected to increase, with greater patron expenditure and governmental investments in tourism, workplace buildings, and retail spaces.
- Calcium oxide is a flexible cloth withinside the construction of buildings. It may be used withinside the creation of masonry systems as a thing of mortar. Exterior (stucco) and indoors plaster systems also can include calcium oxide. As an additive in asphalt, calcium oxide improves the cohesion of asphalt, reduces stripping, and retards the aging process.
Key Benefits of the Report
- This study presents the analytical depiction of the Calcium Oxide industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Calcium Oxide market share.
- The current market is quantitatively analyzed to highlight the Calcium Oxide market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Calcium Oxide market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the Calcium Oxide Report
- Who are the leading market players active in the Calcium Oxide market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Calcium Oxide Market Report Highlights
| Aspects | Details |
 By Application |
|
 By End User |
|
 By Region |
|
 Key Market Players | American Elements, CAO Industries Sdn Bhd, Minerals Technologies, Lhoist, Mississippi Lime, AKJ Minchem Private Limited, Merck KGaA, Graymont, Carmeuse, Calchem |
Loading Table Of Content...
