Australia Lime Market to be Driven by the Growing Construction Industry in the Forecast Period of 2021-2026 sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.
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The global lime material market is expected to grow at a compound annual growth rate of 3.11% over the forecast period to reach a market size of US$112.430 billion in 2025 from US$93.557 billion in 2019.
The construction Sector holds a major share in the Lime Market Growth. The material has been used in this sector for centuries as it was used in the construction and development of Masonry Mortars. The buildings especially mortar constructed with lime exhibit extensive and exponential strength and water-resistant qualities. The material is widely used in the development of plasters, improving their durability, strength, and overall lifespan. Hydrated Lime is widely popular in the construction sector as it is used in the construction of earthen dams, airfields, stabilization of soil, and others. Hydrated Lime enhance and modify the engineering properties and features of the soil especially workability and threshold. It also enhances the impermeab