The global Limestone market size is expected to be worth around US$ 102.6 billion by 2027, according to a new report by Vision Research Reports.
The global Limestone market size was valued at US$ 73.01 billion in 2019 and is anticipated to grow at a CAGR of 4.3% during forecast period 2020 to 2027.
Rising infrastructural developments in the developing economies of the world are expected to fuel market growth across the forecast period.
Limestone is a sedimentary rock and is rich in calcium carbonate. It has varying amounts of silica, clay, silt, and sand. The rock is known to be used for ample applications across various end-use industries, where building and construction are its major end-user owing to the easy availability of the material and the strength it provides. It finds application as a building material, in production, and as aggregates for road base.
Its abundance in nature makes it a preferable option in the construction sector where it is used as blocks, stone cladding on walls, floor paving, tiles, and retaining walls. Characteristics of the mineral include weather-resistant, high strength, the durability of the structure, high structural integrity, versatility, heat conductor, and low cost.
The mineral is gaining preference in countries with the presence of historic structures in terms of restoration. For example, in November 2019, the Public Works Department in Chennai, Tamil Nadu, India, introduced a stone roller yard for grinding sand and limestone for plastering, in an attempt to revive a traditional method of restoring heritage structures.
The construction segment was the largest end-use segment with a volume share of over 79.0% in 2019 and is expected to maintain its lead over the forecast period on account of rising infrastructural developments across the globe. Limestone is extensively used as a construction material as it adds both beauty and strength to the architecture of a project, hence it is preferred by architects and builders over the past many years. It is used in concrete and , road base, and railroad ballast. For its application in the construction industry, the material is produced in various finishes, including brown, red, pink, cream, gold, and black, however, the pure limestone is nearly white in color.
Along with being useful in the construction of walls and floors of buildings in the construction industry, the material is utilized in furnaces, allowing refining and manufacturing of steel as well as protecting the refractory lining of furnaces and converters. Limestone accounts for a share of around 27% in the composition of producing crude steel in a basic oxygen furnace and approximately 9% when using an electric arc furnace. According to the World Steel Association, 71.8% of crude steel was produced in a basic oxygen furnace in 2019.
Asia Pacific was the largest regional market in 2019 with a revenue share of over 52.0% in 2019 and this trend is anticipated to continue over the forecast period. The region dominates the market on account of being the largest steel producer in the world and the growth of the construction sector in the developing economies of the region.
The market in North America is anticipated to register a growth rate of 3.0%, in terms of revenue, over the forecast period on account of propelling construction activities, coupled with steel production in the region. The region is also a key producer of animal feed in the world, which is a vital application of limestone. The U.S. and Mexico are amongst the top 7 animal feed producing countries in the world.
CEMEX S.A.B. de C.V
GCCP Resources Limited
Mineral Technologies Inc.
Mississippi Lime Company
National Lime & Stone Company
Building & Construction
Iron & Steel
Central & South America
Middle East & Africa
The Limestone market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Limestone market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Limestone market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Limestone market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Limestone market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Limestone capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Limestone by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Limestone market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Limestone market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Limestone market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Limestone industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Limestone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Limestone market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Limestone market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Limestone market. These factors have benefited the growth of the global market for Limestone. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Limestone. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Limestone are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
The study objectives of this report are:
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
22.214.171.124. List of Suppliers
126.96.36.199. List of Buyers
Chapter 7. Global Orthodontic Consumables Market, By Product
7.1. Orthodontic Consumables Market, by Product Type, 2020-2027
7.1.1. Building & Construction
188.8.131.52. Market Revenue and Forecast (2016-2027)
7.1.2. Iron & Steel
184.108.40.206. Market Revenue and Forecast (2016-2027)
220.127.116.11. Market Revenue and Forecast (2016-2027)
18.104.22.168. Market Revenue and Forecast (2016-2027)
22.214.171.124. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Orthodontic Consumables Market, Regional Estimates and Trend Forecast
8.1. North America
8.1.1. Market Revenue and Forecast, by Product (2016-2027)
8.1.3. Rest of North America
126.96.36.199. Market Revenue and Forecast, by Product (2016-2027)
8.2.1. Market Revenue and Forecast, by Product (2016-2027)
188.8.131.52. Market Revenue and Forecast, by Product (2016-2027)
184.108.40.206. Market Revenue and Forecast, by Product (2016-2027)
8.2.4. Rest of Europe
220.127.116.11. Market Revenue and Forecast, by Product (2016-2027)
8.3.1. Market Revenue and Forecast, by Product (2016-2027)
18.104.22.168. Market Revenue and Forecast, by Product (2016-2027)
22.214.171.124. Market Revenue and Forecast, by Product (2016-2027)
126.96.36.199. Market Revenue and Forecast, by Product (2016-2027)
8.3.5. Rest of APAC
188.8.131.52. Market Revenue and Forecast, by Product (2016-2027)
8.4.1. Market Revenue and Forecast, by Product (2016-2027)
184.108.40.206. Market Revenue and Forecast, by Product (2016-2027)
8.4.3. North Africa
220.127.116.11. Market Revenue and Forecast, by Product (2016-2027)
8.4.4. South Africa
18.104.22.168. Market Revenue and Forecast, by Product (2016-2027)
8.4.5. Rest of MEA
22.214.171.124. Market Revenue and Forecast, by Product (2016-2027)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by Product (2016-2027)
126.96.36.199. Market Revenue and Forecast, by Product (2016-2027)
8.5.3. Rest of LATAM
188.8.131.52. Market Revenue and Forecast, by Product (2016-2027)
Chapter 9. Company Profiles
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. CEMEX S.A.B. de C.V
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. GCCP Resources Limited
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Mineral Technologies Inc.
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. Mississippi Lime Company
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
Chapter 10. Research Methodology
Chapter 11. Appendix
11.2.Glossary of Terms
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