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Agricultural Lime Market By : Complete Analysis Of Key Players, Growth Rate, Opportunities, Challenges

Agricultural Lime Market Forecast

According to study, the Agricultural Lime market is expected to increase multi-fold during 2021 to 2031, with a CAGR of 6% – 7% over the said period. Agricultural lime is used to correct raising pH levels of soil. The AgLime is made from crushed limestone which contains vital nutrients to promote plant growth.

After adding lime to agricultural crops, it dissolves and neutralizes soil acidity. These limes are called Aglime, it is generally in powder or ground state. The importance of agriculture is recognized by soil conditioners, Soil improvement for soil acidity, and fertilizer for improved productivity.

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What is Driving Demand for Agricultural Lime?

The limes of different forms have the same applications in gardening and agriculture, including hydrated lime and dolomitic lime. Dolomitic lime is used in the soil as input to provide the same effects as AgLime while providing magnesium and calcium.

Hydrated Lime is used in Livestock farming, used as a disinfectant, and in an environment where bacteria do not multiply rapidly. In horticultural farming, the lime is used as an Insect repellent, without harming plants.

Livestock Farming to remain a key segment for the consumption of Agricultural Lime

AgLime improves crop yield and root system of plants and grass where the soil is acidic. By adding AgLime to the soil, the oil became more basic and it allows more nutrients to absorb from the soil. It is not a fertilizer itself but can be used in combination with fertilizers.

There are many reasons that soil can become acidic. The reasons are follows as acidic rainfall, land used for crop and livestock purposes loses minerals over time by crop removal. The major contributor for the soil acidity which results in soil nutrients is the use of modern chemical fertilizer.

AgLime is important for the soils where the land is used for breeding and raising foraging animals. They provide a source of calcium for plants, improves water penetration, and also the intake of nutrients like (nitrogen, phosphorus, and potassium) of plants growing on acid soils. This particular lime is inserted into coal burners at power plants to reduce the pollutants such as NO2 and SO2 from the emissions.

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US and Canada Agricultural Lime Market Outlook

The countries such as Arizona, California, Florida, etc. are the major AgLime Producing regions. The AgLime demands is gradually growing day by day in US due to Nutrient benefits to the agricultural soil. The main restraint in US is the weather condition such as extreme heat and cold. Such weather condition does not allow lime cultivation in many regions.

Asia Pacific Demand Outlook for Agricultural Lime.

In Asia- Pacific the largest market for Aglime is in India, China, and Japan. The major producers and consumers of AgLime are India & China. Japan is a key domestic producer and all other major countries are increasing the sale of the AgLime in the market.

The AgLime has various benefits to the agricultural soil, which is leading demand growth at a significant pace. Given the huge population of many countries in Asia, the need of such products across agricultural sector is very high. In Japan the needs for farm nutrient products is likely to increase the domestic demand.

Who are the Key Manufacturers and Suppliers of Agricultural Lime?

Some of the leading manufacturers and suppliers of Agricultural Lime include

  • Pete Lien & Sons
  • Linwood Mining & Minerals
  • USLM
  • Lhoist
  • Carmeuse
  • Nordkalk
  • Graymont
  • Mississippi Lime
  • Valley Minerals
  • Imerys
  • Northern Cement
  • Martin Marietta
  • Unimin
  • Exmouth Limestone
  • Cheney Lime & Cement
  • Greer Lime
  • Tangshan Gangyuan
  • Hebei Longfengshan
  • Shousteel Lujiashan
  • Many Others.

The recent COVID-19 outbreak has hugely impacted the growth of market of Agricultural Lime. As in the pandemic the sale of AgLime drop. Manufacturers faced a range of problems, from obtaining raw materials required for the production and deliver end products to attract workers from quarantines.

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