Australia Lime Market Continues To Bolster With Mondi Plc Partnering With Adelaide Brighton Ltd And Pope Packaging For The Development A New Water-Resistant Paper Bag Named ‘Rain Barrier’
Lime is a class of calcified carbonated minerals. It consists mainly of aragonite and calcite, which are two distinctly different mineral forms of calcium (CaO3) carbonate (these being carbonates of different ionic radii). It is formed from different organic or inorganic compounds through organic precipitation or mechanical grinding. It was among those minerals which were exploited for building purposes during the Mesolithic age. It is usually found in large flat slabs and is found in many parts of the world.
Increasing demand for wastewater
treatment in Australia is expected to drive growth of the global Australia limemarket. Rising urbanization and population in Australia has increased the
demand for wastewater treatment over the years. According to the Department of
Environment and Science, Queensland Government, Australia, domestic households
produce around 200 liters to 300 liters of wastewater per person per day.
According to the same source, around 99% of wastewater is water, while the
remaining is contaminating waste. According to the Organisation for Economic Co-operation
and Development (OECD), Australia treated around 93% of its wastewater in 2018,
increasing from 92% in 2015. Lime plays a vital role in wastewater treatment
where it works as a neutralizer and precipitant of copper, chrome, and heavy
metals. Furthermore, in cotton textile finishing plants, lime is used to
neutralize and precipitate dissolved solids from wastewater. Hence, such
factors are expected to drive growth of the Australia lime market. Furthermore,
rapid growth of the mining sector is expected to propel the Australia lime
market growth in the near future.
However, decrease in farm production
due to fluctuating climate and other environmental issues is expected to hinder
the Australia lime market growth in the future. Besides, rising production of
cement and clinker can present lucrative growth opportunities in the Australia
lime market. According to the Cement Industry Federation (CIF), in Australia,
cement production reached 10.4 million tons in 2018-2019, increasing by over 9%
in 2017-2018. Furthermore, rapid growth of the pulp and paper industry in
Australia region can provide significant business opportunities.
Key companies involved in the
Australia lime market are Adelaide Brighton Ltd, Lime Group Australia, Sibelco
Australia, Wagners, Boral Ltd., and Omya Australia Pty Ltd.
For instance, in October 2020, Mondi
plc, a U.K.-based paper, and packaging company partnered with Adelaide Brighton
Ltd and Pope Packaging for the development of a new water-resistant paper bag
named ‘Rain Barrier’.
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