Dublin, Jan. 22, 2025 (GLOBE NEWSWIRE) — The “Limestone Market Global Forecast Report by Type, Application, End Use, Countries and Company Analysis 2025-2033” report has been added to ResearchAndMarkets.com’s offering.
The Global Limestone Market will reach US$ 137.52 billion by 2033, up from US$ 84.21 billion in 2024, with a CAGR of 5.60% between 2025 and 2033. In the upcoming years, it is anticipated that rising investments in water treatment and purification operations would fuel demand for limestone.
The demand from the construction and smart agriculture sectors, where limestone is necessary for the production of cement, as a soil conditioner, and as an aggregate, is driving this industry.
The rise of the construction industry, particularly in emerging economies where infrastructure development is a major government priority, is responsible for the growth of the limestone market. The demand for products made from limestone, such as cement and concrete, has increased as a result of increased investments in urban development and public infrastructure.
As the world’s food consumption rises, there is a strong need for limestone in the agricultural sector to raise crop yields and improve soil pH. The demand for limestone is also greatly influenced by the steel industry, which uses it as a flux agent to purify iron ore, a process necessary for the production of steel. Improvements in mining and processing technologies that enable more effective limestone extraction and usage, especially in areas with abundant reserves, are associated with opportunities in the limestone market. Furthermore, the trend toward environmentally friendly and sustainable building materials opens up new possibilities for the creative and ecologically responsible use of limestone.
Limestone Market Overview by Region
North America and Europe lead the world in both production and consumption of limestone, which is fueled by the demand from the construction and industrial sectors. The fastest-growing region is Asia-Pacific, especially China and India, because of the region’s rapid industrialization, infrastructure development, and urbanization.
United States Limestone Market
A significant portion of the US building, industrial, and environmental sectors depend on the limestone market. The main uses of limestone are as an aggregate for concrete, in the manufacturing of cement, and in the construction of roads. Strong demand for limestone is driven by the expanding construction sector, which is supported by the development of infrastructure, homes, and businesses. Limestone is also essential for environmental processes like flue gas desulfurization and water filtration. The demand for limestone is predicted to keep rising as a result of significant investments made by the US in environmental sustainability and infrastructure. The nation’s vast limestone reserves help boost the market, making it an affordable resource. Limestone’s contribution to environmentally friendly solutions, such lime production, is further propelling market expansion as companies look for sustainable resources.
China Limestone Market
China’s growing industrialization, infrastructure development, and urbanization have made it one of the world’s greatest markets for limestone. China’s expanding construction and industrial sectors depend heavily on limestone because it is used in the production of cement, steel, roads, and other industrial purposes. The demand for limestone is still strong in China, which is the world’s biggest producer and consumer of cement. Limestone is also essential for environmental operations like power plant flue gas desulfurization and water filtration. The government’s emphasis on sustainable development, the rising demand for environmentally friendly products, and infrastructure initiatives in both urban and rural areas all contribute to the market’s strength. These elements guarantee the limestone market’s continuous expansion in China.
The business activity index (BASI) for China’s construction sector increased from 55.9 in November 2023 to 56.9 in December 2023, according to the National Bureau of Statistics (NBS). Growth in the industry is indicated by a BASI score above 50. The October 2023 BASI score of 53.5 indicated a strengthening of demand for the market under study. In a similar vein, China produced 13.59 million metric tons of processed paper and cardboard in December 2023, up 12.9% from 12.03 million metric tons in the same month the previous year. By 2030, 70% of China’s population is predicted to live in cities due to the country’s growing urban population. Sludge and wastewater are also becoming more prevalent in metropolitan areas as the population grows. Eighty percent of China’s sludge is being inappropriately disposed of, a contentious environmental issue as cities race to improve their wastewater treatment facilities (WWTPs) and reduce pollution.
Germany Limestone Market
A vital part of Germany’s thriving industrial and building sectors is the country’s limestone market. In order to assist the nation’s continuous infrastructure and urban development initiatives, limestone is widely employed in the production of cement, the construction of roads, and as an aggregate in concrete. Limestone’s use in environmental processes like soil stabilization, air purification, and water treatment increases demand for the mineral. The need for limestone-based products, such as lime for industrial and environmental processes, has also been fueled by Germany’s dedication to sustainability and eco-friendly practices. Germany continues to profit from its abundant limestone sources and has a well-established sector for producing it, guaranteeing a consistent supply for both local and foreign markets. The nation’s emphasis on green technology and infrastructure modernization is in line with the market’s expansion.
Germany produced 32.81 million tons of crude steel in 2023, according to the Steel Economic Association of Germany; nevertheless, this was less than the 36.85 million tons produced in 2022.
United Arab Emirates Limestone Market
Rapid urbanization and significant infrastructure development in the United Arab Emirates (UAE) are driving the country’s limestone market. The main application of limestone is in the manufacturing of cement, which is necessary for the expanding building sector, which includes infrastructure projects like roads and bridges as well as residential and commercial buildings. The demand for limestone is very high since the UAE is still making significant investments in real estate, tourism, and major infrastructure projects like ports and airports. Limestone is also utilized in the manufacturing of lime for industrial processes, environmental uses, and water treatment. The UAE is a major exporter of limestone in the Middle East, bolstering the expansion of the regional market because to its advantageous location and booming building industry.
Key Attributes
Report Attribute | Details |
No. of Pages | 110 |
Forecast Period | 2024-2033 |
Estimated Market Value (USD) in 2024 | $84.21 Billion |
Forecasted Market Value (USD) by 2033 | $137.52 Billion |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |
Key Topics Covered
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Limestone Market
6. Market Share Analysis
6.1 By Type
6.2 By Application
6.3 By End Use
6.4 By Countries
7. Type
7.1 Magnesian Limestone
7.2 High Calcium Limestone
8. Application
8.1 Industry Lime
8.2 Chemical Lime
8.3 Construction Lime
8.4 Refractory Lime
9. End Use
9.1 Construction
9.2 Iron & Steel
9.3 Agriculture
9.4 Chemical
9.5 Others
10. Countries
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherlands
10.2.8 Turkey
10.3 Asia-Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 South Korea
10.3.5 Thailand
10.3.6 Malaysia
10.3.7 Indonesia
10.3.8 Australia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 South Africa
11. Porter’s Five Forces Analysis
12. SWOT Analysis
13. Key Players Analysis
13.1 Imerys S.A.
13.1.1 Overview
13.1.2 Key Persons
13.1.3 Recent Development & Strategies
13.1.4 Revenue Analysis
13.2 CEMEX S.A.B. de C.V.
13.3 GCCP Resources Limited
13.4 Holcim Limited
13.5 Mineral Technologies Inc.
13.6 RSMM Limited
13.7 United States Lime & Minerals Inc.
13.8 Gujarat Mineral Development Corporation Limited
For more information about this report visit https://www.researchandmarkets.com/r/6k4pkv
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