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Limestone Market: By Application, By End-User, Other End-user Industries) and Region Forecast 2019-2030
Limestone Market: By Application, By End-User, Other End-user Industries) and Region Forecast 2019-2030
Limestone Market size was valued at US$ 64.62 billion in 2023 and is expected to reach a value of US$ 90.32 billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030. The global market provides a detailed overview of the market and that can be segmented by application and end-user. By application, the market has been segmented into chemical lime, industry lime, construction lime and refractory lime.
The Chemical Lime segment is likely to be the largest and fastest-growing segment in the market. Based on end-user, the market is segmented into agriculture, plastics, paper and pulp, water treatment, building and construction, steel manufacturing and other industries. Moreover, other industries include energy Among these, the agriculture segment is expected to have the fastest-growing market during the forecast period 2024-2030.
Study Period
2024-2030Base Year
2023CAGR
4.9%Largest Market
Asia-PacificFastest Growing Market
North America
The construction industry's expanding demand, combined with rising steel production in the global market, is proving to be the primary driver in the global market. In the construction sector, limestone is used for creating walls and flooring. Limestone is good for construction applications because of its great strength, thermal resistance, long durability, and corrosion resistance. It's used to make blocks and bricks, stone cladding on walls and retaining walls, and paving floors and tiles for both residential and commercial construction
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period due to its status as the world's largest steel manufacturer and the expansion of the construction sector in the region's rising nations, the region dominates the market. China boasts the world's largest economy and one of the world's major manufacturing and industrial sector. Because of its abundant raw materials and large chemical industry, China dominates the limestone market in terms of consumption and production.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 64.62 billion |
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Market Size in 2030 |
US$ 90.32 billion |
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Market CAGR |
4.9% |
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By Application |
|
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By End-User |
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By Region |
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Limestone market size was valued at US$ 64.62 billion in 2023 and is set to reach a value of US$ 90.32 billion by 2030, at a CAGR of 4.9% from 2024 to 2030.
The major players in the global limestone market are Graymont Limited, Gujarat Mineral Development Corporation Ltd, Imerys, Kerford Limestone, LafargeHolcim, AMR India Limited, CARMEUSE, GLC Minerals LLC, Lhoist Group, Ryokolime Industry Co. Ltd (Mitsubishi Materials Corporation), Schaefer Kalk, Minerals Technologies Inc., Okutama Kogyo Co. Ltd, Omya AG, RSMM Limited, The National Lime & Stone Company and United States Lime & Minerals Inc.
North America is the fastest-growing region for Limestone Market
| 1. Executive Summary |
| 2. Global Limestone Market Introduction |
| 2.1. Global Limestone Market Taxonomy |
| 2.2. Global Limestone Market Definitions |
| 2.2.1. By Application |
| 2.2.2. By End-Use |
| 2.2.3. By Region |
| 3. Global Limestone Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Limestone Market Dynamic Factors - Impact Analysis |
| 3.6. Global Limestone Market Competition Landscape |
| 4. Global Limestone Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Limestone Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Chemical Lime |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Industry Lime |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Construction Lime |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Refractory Lime |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Limestone Market, By End-User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Agriculture |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Plastics |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Paper and Pulp |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Water Treatment |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Building and Construction |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Steel Manufacturing and Other Industries (Including Energy) |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Other End-user Industries |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7. Global Limestone Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Limestone Market - Opportunity Analysis Index, By Application, By End-Use and Region, 2024 - 2030 |
| 8. North America Limestone Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Chemical Lime |
| 8.1.2. Industry Lime |
| 8.1.3. Construction Lime |
| 8.1.4. Refractory Lime |
| 8.2. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1. Agriculture |
| 8.2.2. Plastics |
| 8.2.3. Paper and Pulp |
| 8.2.4. Water Treatment |
| 8.2.5. Building and Construction |
| 8.2.6. Steel Manufacturing and Other Industries (Including Energy) |
| 8.2.7. Other End-user Industries |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Limestone Market - Opportunity Analysis Index, By Application, By End-Use and Country, 2024 - 2030 |
| 8.5. North America Limestone Market Dynamics Trends |
| 9. Europe Limestone Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Chemical Lime |
| 9.1.2. Industry Lime |
| 9.1.3. Construction Lime |
| 9.1.4. Refractory Lime |
| 9.2. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Agriculture |
| 9.2.2. Plastics |
| 9.2.3. Paper and Pulp |
| 9.2.4. Water Treatment |
| 9.2.5. Building and Construction |
| 9.2.6. Steel Manufacturing and Other Industries (Including Energy) |
| 9.2.6.1. Other End-user Industries |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Rest of Europe |
| 9.4. Europe Limestone Market - Opportunity Analysis Index, By Type of service, By Enterprise Size, and Country, 2024 - 2030 |
| 9.5. Europe Limestone Market Dynamics Trends |
| 10. Asia-Pacific Limestone Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Chemical Lime |
| 10.1.2. Industry Lime |
| 10.1.3. Construction Lime |
| 10.1.4. Refractory Lime |
| 10.2. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Agriculture |
| 10.2.2. Plastics |
| 10.2.3. Paper and Pulp |
| 10.2.4. Water Treatment |
| 10.2.5. Building and Construction |
| 10.2.6. Steel Manufacturing and Other Industries (Including Energy) |
| 10.2.6.1. Other End-user Industries |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. China |
| 10.3.2. India |
| 10.3.3. Japan |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Limestone Market - Opportunity Analysis Index, By Type of service, By Enterprise Size, and Country, 2024 - 2030 |
| 10.5. Asia-Pacific Limestone Market Dynamics Trends |
| 11. Latin America Limestone Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Chemical Lime |
| 11.1.2. Industry Lime |
| 11.1.3. Construction Lime |
| 11.1.4. Refractory Lime |
| 11.2. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Agriculture |
| 11.2.2. Plastics |
| 11.2.3. Paper and Pulp |
| 11.2.4. Water Treatment |
| 11.2.5. Building and Construction |
| 11.2.6. Steel Manufacturing and Other Industries (Including Energy) |
| 11.2.7. Other End-user Industries |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Limestone Market - Opportunity Analysis Index, By Type of service, By Enterprise Size, and Country, 2024 - 2030 |
| 11.5. Latin America Limestone Market Dynamics Trends |
| 12. Middle East and Africa Limestone Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Chemical Lime |
| 12.1.2. Industry Lime |
| 12.1.3. Construction Lime |
| 12.1.4. Refractory Lime |
| 12.2. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Agriculture |
| 12.2.2. Plastics |
| 12.2.3. Paper and Pulp |
| 12.2.4. Water Treatment |
| 12.2.5. Building and Construction |
| 12.2.6. Steel Manufacturing and Other Industries (Including Energy) |
| 12.2.7. Other End-user Industries |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Limestone Market - Opportunity Analysis Index, By Application, By End-Use and Country, 2024 - 2030 |
| 12.5. MEA Limestone Market Dynamics Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Graymont Limited |
| 13.2.2. Gujarat Mineral Development Corporation Ltd |
| 13.2.3. Imerys |
| 13.2.4. Kerford Limestone |
| 13.2.5. LafargeHolcim |
| 13.2.6. AMR India Limited |
| 13.2.7. CARMEUSE |
| 13.2.8. GLC Minerals LLC |
| 13.2.9. Lhoist Group |
| 13.2.10. Ryokolime Industry Co. Ltd (Mitsubishi Materials Corporation) |
| 13.2.11. Schaefer Kalk |
| 13.2.12. Minerals Technologies Inc. |
| 13.2.13. Okutama Kogyo Co. Ltd |
| 13.2.14. Omya AG |
| 13.2.15. RSMM Limited |
| 13.2.16. The National Lime & Stone Company |
| 13.2.17. United States Lime & Minerals Inc. |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.