Description
Limestone is a naturally occurring carbonate sedimentary rock. In its extremely pure form, limestone consists of calcium carbonate (CaCO3). It is formed with the accumulation of fossils of different marine organisms like algae, coral, and molluscs. The precipitation of calcium carbonate from lakes, oceans, and various other water bodies also leads to the formation of limestone. This sedimentary rock is available in a number forms like stones, aggregates, crushed, and also in powders of varying dimensions.
The report published in WGR on the global limestone market revealed the growth of the market to be at a notable pace. The valuation of the limestone market was further stated to surpass its previous valuation.
Limestone boasts applications in different industries and for a wide-array of uses such as plastic, water treatment, food & beverages, construction & construction materials, agriculture, and paper making. The global market for limestone is anticipated to be driven due to its broad-range of applications. In recent years, a rising usage of limestone in applications like steel production, metal & paper manufacturing, and cement & glass manufacturing has been reported, which is aiding its market growth. Rapid-paced urbanization, increasing industrialization, and proliferating demand for cement are all cumulatively predicted to drive the global limestone market over the forecast period. Aside from its mentioned applications, another one of its upcoming and popular application is its usage as a fertilizer in water treatment and agriculture. This is because of its capability of neutralizing the acidity of soil and delivering sufficient calcium for the nutrition of plants.
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Competitive Landscape
The global limestone market comprises a host of key players. This includes names like Italcementi Group, Cemex, LafargeHolcim, Nittetsu Mining, Todaka Mining, Graymont, Mitsubishi Materials, Independent Limestone Company, HeidelbergCement, Eurocement, Sumitomo Osaka Cement, Schaefer Kalk, Lhoist, NALC, Indiana Limestone Company, Mississippi Lime Company, Carmeuse, Fels-Werke GmbH, Elliott Stone Company, Sanyou-Group, Jiangxi Wannianqing, Sichuan Golden Summit, Atlantic Minerals Limited, Anhui Conch Cement, China Resources Cement, South Cement, Dalian Limestone, Shougang Lukuang, BBMG, and
Market Segmentation
The global limestone market has been segmented in terms of applications. On the basis of applications, the market for limestone is segregated into cement, construction materials, and lime. Growing construction-related activities due to increasing urbanization and industrialization is pushing this segment of the market towards growth and expansion.
Regional Analysis
The global limestone market is geographically distributed across the following key regions: Latin America, Asia Pacific, North America, Europe, and the Middle East and Africa.
The market for limestone has seen considerable growth in the Asia Pacific region over the last decade or so. This is due to the presence therein of various emerging nations like China. A number of countries have grown and expanded in the last few years in this region. This has subsequently boosted the market scope and opportunity.
The regional market in Europe for limestone is expected to generate significant growth over the forecast period. Elsewhere, the Middle East & Africa and Latin American regional market is seeing increasing growth due to the rising incorporation of limestone in the agriculture and construction & building sectors.
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Table of Content
1 Industry Overview
2 Industry Environment
3 Limestone Market by Type
4 Major Companies List
5 Market Competition
6 Market Demand
7 Region Operation
8 Marketing & Price
9 Research Conclusion
Continued…
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