$2.7bn
$XXX.Xm
3,683
64
$XXX.Xm
The lime manufacturing industry has witnessed slight fluctuations over the past five years. Still, the reduction in labor and purchase costs has driven profit upward. Companies in the sector have implemented cost-saving measures to offset revenue declines. Companies have navigated regulatory pressures and fluctuating demand from key markets. Supply chain efficiencies and technological advancements have also stabilized the industry. Increased emphasis on environmental sustainability and innovation has kept the industry resilient. Despite these challenges, companies have focused on quality production and customer satisfaction.
Industry revenue has declined at a CAGR of 1.0 % over the past five years, to reach an estimated $2.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Carmeuse | 552.3 | 81.2 | 14.7 | |
Martin Marietta Materials, Inc. | 312.1 | 75.2 | 24.1 | |
Graymont Limited | 225.0 | 33.1 | 14.7 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including High-calcium quicklime , Hydrated lime and Dolomitic quicklime. High-calcium quicklime is the largest segment of the Lime Manufacturing in the US.
High-calcium quicklime dominates lime manufacturing revenue
The Lime Manufacturing industry comprises operators that manufacture lime from calcitic limestone, dolomitic limestone or other calcareous materials, such as coral, chalk and shells. Lime manufacturing operators may mine, quarry, collect or purchase the sources of calcium carbonate.
Purchase this report to view all 5 major companies in this industry.
NAICS 32741 - Lime Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Lime manufacturing revenue has declined slightly over the past five years. However, profitability has been elevated because of decreasing labor and purchase costs. Overall, i...
Learn about an industry's products and services, markets and trends in international trade.
High-calcium quicklime remains the most significant product in the industry. Other essential products include hydrated lime and dolomitic quicklime. These products cater to d...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Lime manufacturing companies have significant operations in the Southeast. This region benefits from substantial natural limestone reserves and a high concentration of indust...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The lime manufacturing industry has a medium market share concentration. Larger companies dominate, but smaller companies contribute significantly, resulting in moderate comp...
Learn about the performance of the top companies in the industry.
The lime manufacturing industry has undergone some consolidation over the past few years. Larger companies have acquired smaller ones to increase market share and operational...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Regulatory frameworks impact lime manufacturing through environmental and safety standards. Companies need to comply with stringent emission controls and workplace safety reg...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit in the lime manufacturing industry has increased over the past five years. Decreasing labor and purchase costs have contributed to this trend. Improved operational eff...
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Lime Manufacturing in the US industry in United States is $2.7bn in 2024.
There are 64 businesses in the Lime Manufacturing in the US industry in United States, which has declined at a CAGR of 1.2 % between 2019 and 2024.
The market size of the Lime Manufacturing in the US industry in United States has been declining at a CAGR of 1.0 % between 2019 and 2024.
Over the next five years, the Lime Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Lime Manufacturing market in United States are Carmeuse, Martin Marietta Materials, Inc. and Graymont Limited
High-calcium quicklime and Hydrated lime are part of the Lime Manufacturing in the US industry.
The company holding the most market share in United States is Carmeuse.
The level of competition is low and steady in the Lime Manufacturing in the US industry in United States.