Lime Procurement Intelligence

The global lime category is anticipated to grow at a CAGR of 3.2% from 2023 to 2030. 

Growth of the category can be primarily attributed to increase in demand from construction, agriculture, steel, chemical, and manufacturing industries. For instance, lime is used in the production of several vital chemicals such as calcium carbide, cyanamide, propylene glycol, and sodium alkali, and rising demand for these chemicals is propelling the lime category. In the manufacturing sector, the category is experiencing significant demand from paper, refractory, and sugar producing companies. During the forecasted period, lime is expected to have significant demand from the steel industry. For instance, Lime is a vital component required for the production of Argon Oxygen Decarburization (AOD) converters, refining ladles, and electric arc furnaces in steel production. The demand for steel is expected to improve significantly from countries such as Brazil, South Africa, China, and India, which will propel the demand for the category during the forecasted period. Few of the key restraining factors for this category include high carbon footprint, environmental restrictions, and health hazards associated with lime production. For instance, lime is primarily produced from limestone, and the carbon dioxide that is emitted during this process is a greenhouse gas, which leads to global warming. Moreover, lime production consumes a large amount of energy which expands the overall carbon footprint.

Order your copy of the Lime category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis 

Lime Procurement Intelligence Report Scope

The Lime category is expected to have pricing growth outlook of 5% - 10% increase (Annually), with below pricing models. 

  • Cost-plus pricing
  • Competition-based pricing
  • Demand-based pricing
  • Volume-based pricing

Supplier Selection Scope of Report

  • Cost and pricing
  • Past engagements
  • Productivity
  • Geographical presence

Supplier selection criteria of Report

  • Geographic service provision
  • years in service
  • revenue generated
  • employee strength
  • certifications
  • product type
  • product form
  • product grade
  • technologies used
  • lead time
  • others

Lime Procurement Intelligence Report Coverage

Grand View Research will cover the following aspects in the report:

  • Market Intelligence along with emerging technology and regulatory landscape
  • Market estimates and forecasts from 2022 to 2030
  • Growth opportunities, trends, and driver analysis
  • Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
  • Porter’s 5 forces
  • Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
  • Engagement and operating models, KPI, and SLA elements
  • LCC/BCC analysis and negotiation strategies
  • Peer benchmarking and product analysis
  • Market report in PDF, Excel, and PPT and online dashboard versions 

Lime Procurement Cost and Supplier Intelligence

Raw material, labor, equipment and energy, packaging, logistics, and other costs such as R&D, sales and marketing, taxes, and compliance costs are the key components of this category. Raw material and labor account for the largest share of the cost structure. Manufacturers in this category typically follow cost-plus and competition-based pricing structures in order to price their products. In the cost-plus pricing structure, a margin is added to the product's manufacturing cost to determine the ultimate selling price. This pricing structure is based on the notion that the vendor must be able to make a profit on the product being sold. Whereas, in the competition-based pricing model, the manufacturer sets the product price based on the prices offered by competitors. 

Additionally, pricing structures such as demand-based pricing and volume-based pricing are also used. In demand-based pricing, the prices are set based on consumer demand. In volume-based pricing, the pricing structure varies based on the quantity of products sold. For instance, price per unit may decrease for bulk volumes. The prices of lime vary based on several factors such as lime type (e.g., quick lime and slaked lime), lime grade (e.g., class A, class B, and class C used in construction and building materials), raw material price fluctuations, and energy price variations. In January 2024, the prices of slaked lime (calcium hydroxide) in the U.S. were in the range of USD 0.21 - USD 0.27/KG, the prices in Europe were in the range of USD 0.11 - USD 0.15/KG, and the prices in Northeast Asia were in the range of USD 0.09 - USD 0.14/KG.

List of Key Suppliers

  • Graymont Limited
  • Hydrite Chemical Co.
  • Linwood Mining & Minerals Corporation
  • Minerals Technologies Inc.
  • Mississippi Lime Company
  • Okutama Kogyo Co. Limited
  • Pete Lien & Sons, Inc.
  • The Carmeuse Group
  • The Lhoist Group
  • United States Lime & Minerals, Inc.

Add-on Services provided by Grand View Research Pipeline:

Should Cost Analysis

  • Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process

Rate Benchmarking

  • Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier

Salary Benchmarking

  • Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.

Supplier Newsletter

  • A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.

Browse through Grand View Research’s collection of procurement intelligence studies:

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.​ 

Our services include (not limited to):

  • Market Intelligence involving – market size and forecast, growth factors, and driving trends
  • Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
  • Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
  • Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions