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Stock impact report

Lime Market is Anticipated to reach US$ 61.5 Billion by 2034: Fact.MR Report [Yahoo! Finance]

Minerals Technologies Inc. (MTX) 
Last minerals technologies inc. earnings: 4/30 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Rockville, March 28, 2024 (GLOBE NEWSWIRE) -- Use of lime is widespread in several industries; however, water softening is a key application area that will complement market growth over the coming years. As per the new study by Fact.MR, the global lime market is evaluated at US$ 48.05 billion in 2024 and is projected to advance at a CAGR of 2.5% from 2024 to 2034. Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=9986 Calcium hydroxide, commonly known as limewater, is utilized in water treatment for water softening. This process is aimed at eliminating calcium and magnesium ions from water. This involves adding hydrated lime to increase the water's pH and precipitate the ions responsible for hardness. Because of its ability to withstand temperatures of up to 40 °C, lime finds use in a wide range of applications. Thus, lime is valuable in the metallurgical sector as well. Related Market Projections for 2034 Water Treatment Membrane Ma Show less Read more
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