석회석 시장, 점유율, 규모, 동향 및 산업 분석 보고서 : 용도별, 최종 사용자별, 지역별, 부문별 예측(2024-2032년)

The global limestone market size is expected to reach USD 143.97 billion by 2032, according to a new study by Polaris Market Research. The report "Limestone Market Share, Size, Trends, Industry Analysis Report, By Application (Chemical Lime, Industry Lime, Construction Lime, Refractory Lime); By End-User; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The limestone market is being propelled by heightened investments from governmental bodies in infrastructure redevelopment, particularly in retrofitting older areas. Additionally, the surge in construction activities in developing regions, coupled with the expanding applications of limestone in fossil-fuel power plants, soil stabilization, drinking water filtration, and its rising demand in fertilizer, paints, and varnish manufacturing industries, all contribute significantly to the market's growth.

Research and development in more efficient and sustainable extraction and processing techniques present significant opportunities in the limestone market. Technologies that reduce energy consumption and environmental impact are likely to gain traction. Exploring avenues for reusing and recycling limestone-based products, particularly in the construction sector, can open up new market opportunities. Utilizing recycled aggregates can reduce the demand for virgin limestone.

Further, as demand for construction materials surges in emerging markets, these regions represent untapped potential for the limestone industry. Producers and suppliers should explore opportunities in areas with burgeoning construction and infrastructure needs.

Moreover, in iron and steel manufacturing, limestone plays a crucial role in slag formation. Specifically, limestone with low silica and alumina content is favored for steel production. This is because higher levels of these elements necessitate extra flux for neutralization. Consequently, more heat is required to maintain the additional slag in a fluid state.

The Asia Pacific region is anticipated to dominate the limestone market throughout the forecast period. The region's escalating economic development will be a key driver for growth in the construction sector, complemented by promising market conditions in commercial real estate. China, Japan, South Korea, and India stand as prominent consumers of limestone in the Asia-Pacific region, having reaped benefits from positive trends in agriculture and industry. Additionally, the non-toxic nature of limestone is expected to further augment its market presence in the region.

Limestone Market Report Highlights

• Industry Lime segment is expected to grow at a highest CAGR during the projected period, on account of increasing mining activities.

• Construction segment accounted for largest market share in 2022, which is mainly driven by urbanization and infrastructure development

• Asia Pacific region dominated the market with majority share in 2022, owing to exponential growth in the technology and rising R&D investments across emerging economies

• The global key market players include: Carmeuse Group S.A., CRH plc, Graymont Limited, HeidelbergCement AG, Independent Limestone Company, LLC

Polaris Market Research has segmented the limestone market report based on application, end-user, and region:

Limestone, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Chemical Lime
• Industry Lime
• Construction Lime
• Refractory Lime

Limestone, End-User Outlook (Revenue - USD Billion, 2019 - 2032)

• Building and Construction
• Agriculture
• Pulp & Paper
• Industrial
• Iron & Steel
• Chemical
• Others

Limestone, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Latin America
• Argentina
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa

Table of Contents

1. Introduction

• 1.1. Report Description
  • 1.1.1. Objectives of the Study
  • 1.1.2. Market Scope
  • 1.1.3. Assumptions
• 1.2. Stakeholders

2. Executive Summary

• 2.1. Market Highlights

3. Research Methodology

• 3.1. Overview
  • 3.1.1. Data Mining
• 3.2. Data Sources
  • 3.2.1. Primary Sources
  • 3.2.2. Secondary Sources

4. Global Limestone Market Insights

• 4.1. Limestone Market - Industry Snapshot
• 4.2. Limestone Market Dynamics
  • 4.2.1. Drivers and Opportunities
    • 4.2.1.1. Increasing population growth and food security is projected to spur the product demand
    • 4.2.1.2. Infrastructure Development
  • 4.2.2. Restraints and Challenges
    • 4.2.2.1. Some industries may find substitutes for limestone in specific applications may hinder the market growth
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers (Moderate)
  • 4.3.2. Threats of New Entrants: (Low)
  • 4.3.3. Bargaining Power of Buyers (Moderate)
  • 4.3.4. Threat of Substitute (Moderate)
  • 4.3.5. Rivalry among existing firms (High)
• 4.4. PESTLE Analysis
• 4.5. Limestone Industry trends
• 4.6. Value Chain Analysis
• 4.7. COVID-19 Impact Analysis

5. Global Limestone Market, by Application

• 5.1. Key Findings
• 5.2. Introduction
  • 5.2.1. Global Limestone, by Application, 2019-2032 (USD Billion)
• 5.3. Chemical Lime
  • 5.3.1. Global Limestone Market, by Chemical Lime, by Region, 2019-2032 (USD Billion)
• 5.4. Industry Lime
  • 5.4.1. Global Limestone Market, by Industry Lime, by Region, 2019-2032 (USD Billion)
• 5.5. Construction Lime
  • 5.5.1. Global Limestone Market, by Construction Lime, by Region, 2019-2032 (USD Billion)
• 5.6. Refractory Lime
  • 5.6.1. Global Limestone Market, by Refractory Lime, by Region, 2019-2032 (USD Billion)

6. Global Limestone Market, by End-User

• 6.1. Key Findings
• 6.2. Introduction
  • 6.2.1. Global Limestone Market, by End-User, 2019-2032 (USD Billion)
• 6.3. Building and Construction
  • 6.3.1. Global Limestone Market, by Building and Construction, by Region, 2019-2032 (USD Billion)
• 6.4. Agriculture
  • 6.4.1. Global Limestone Market, by Agriculture, by Region, 2019-2032 (USD Billion)
• 6.5. Pulp & Paper
  • 6.5.1. Global Limestone Market, by Pulp & Paper, by Region, 2019-2032 (USD Billion)
• 6.6. Industrial
  • 6.6.1. Global Limestone Market, by Industrial, by Region, 2019-2032 (USD Billion)
• 6.7. Iron & Steel
  • 6.7.1. Global Limestone Market, by Iron & Steel, by Region, 2019-2032 (USD Billion)
• 6.8. Chemical
  • 6.8.1. Global Limestone Market, by Chemical, by Region, 2019-2032 (USD Billion)
• 6.9. Others
  • 6.9.1. Global Limestone Market, by Others, by Region, 2019-2032 (USD Billion)

7. Global Limestone Market, by Geography

• 7.1. Key findings
• 7.2. Introduction
  • 7.2.1. Limestone Market Assessment, By Geography, 2019-2032 (USD Billion)
• 7.3. Limestone Market - North America
  • 7.3.1. North America: Limestone Market, by End-User, 2019-2032 (USD Billion)
  • 7.3.2. North America: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.3.3. Limestone Market - U.S.
    • 7.3.3.1. U.S.: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.3.3.2. U.S.: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.3.4. Limestone Market - Canada
    • 7.3.4.1. Canada: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.3.4.2. Canada: Limestone Market, by Application, 2019-2032 (USD Billion)
• 7.4. Limestone Market - Europe
  • 7.4.1. Europe: Limestone Market, by End-User, 2019-2032 (USD Billion)
  • 7.4.2. Europe: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.4.3. Limestone Market - UK
    • 7.4.3.1. UK: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.4.3.2. UK: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.4.4. Limestone Market - France
    • 7.4.4.1. France: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.4.4.2. France: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.4.5. Limestone Market - Germany
    • 7.4.5.1. Germany: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.4.5.2. Germany: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.4.6. Limestone Market - Italy
    • 7.4.6.1. Italy: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.4.6.2. Italy: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.4.7. Limestone Market - Spain
    • 7.4.7.1. Spain: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.4.7.2. Spain: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.4.8. Limestone Market - Netherlands
    • 7.4.8.1. Netherlands: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.4.8.2. Netherlands: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.4.9. Limestone Market - Russia
    • 7.4.9.1. Russia: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.4.9.2. Russia: Limestone Market, by Application, 2019-2032 (USD Billion)
• 7.5. Limestone Market - Asia Pacific
  • 7.5.1. Asia Pacific: Limestone Market, by End-User, 2019-2032 (USD Billion)
  • 7.5.2. Asia Pacific: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.5.3. Limestone Market - China
    • 7.5.3.1. China: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.5.3.2. China: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.5.4. Limestone Market - India
    • 7.5.4.1. India: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.5.4.2. India: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.5.5. Limestone Market - Malaysia
    • 7.5.5.1. Malaysia: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.5.5.2. Malaysia: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.5.6. Limestone Market - Japan
    • 7.5.6.1. Japan: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.5.6.2. Japan: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.5.7. Limestone Market - Indonesia
    • 7.5.7.1. Indonesia: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.5.7.2. Indonesia: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.5.8. Limestone Market - South Korea
    • 7.5.8.1. South Korea: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.5.8.2. South Korea: Limestone Market, by Application, 2019-2032 (USD Billion)
• 7.6. Limestone Market - Middle East & Africa
  • 7.6.1. Middle East & Africa: Limestone Market, by End-User, 2019-2032 (USD Billion)
  • 7.6.2. Middle East & Africa: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.6.3. Limestone Market - Saudi Arabia
    • 7.6.3.1. Saudi Arabia: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.6.3.2. Saudi Arabia: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.6.4. Limestone Market - UAE
    • 7.6.4.1. UAE: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.6.4.2. UAE: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.6.5. Limestone Market - Israel
    • 7.6.5.1. Israel: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.6.5.2. Israel: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.6.6. Limestone Market - South Africa
    • 7.6.6.1. South Africa: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.6.6.2. South Africa: Limestone Market, by Application, 2019-2032 (USD Billion)
• 7.7. Limestone Market - Latin America
  • 7.7.1. Latin America: Limestone Market, by End-User, 2019-2032 (USD Billion)
  • 7.7.2. Latin America: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.7.3. Limestone Market - Mexico
    • 7.7.3.1. Mexico: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.7.3.2. Mexico: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.7.4. Limestone Market - Brazil
    • 7.7.4.1. Brazil: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.7.4.2. Brazil: Limestone Market, by Application, 2019-2032 (USD Billion)
  • 7.7.5. Limestone Market - Argentina
    • 7.7.5.1. Argentina: Limestone Market, by End-User, 2019-2032 (USD Billion)
    • 7.7.5.2. Argentina: Limestone Market, by Application, 2019-2032 (USD Billion)

8. Competitive Landscape

• 8.1. Expansion and Acquisition Analysis
  • 8.1.1. Expansion
  • 8.1.2. Acquisitions
• 8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

• 9.1. Adelaide Brighton Ltd.
  • 9.1.1. Company Overview
  • 9.1.2. Financial Performance
  • 9.1.3. Product Benchmarking
  • 9.1.4. Recent Development
• 9.2. Buechel Stone Corp.
  • 9.2.1. Company Overview
  • 9.2.2. Financial Performance
  • 9.2.3. Product Benchmarking
  • 9.2.4. Recent Development
• 9.3. Carmeuse Group S.A.
  • 9.3.1. Company Overview
  • 9.3.2. Financial Performance
  • 9.3.3. Product Benchmarking
  • 9.3.4. Recent Development
• 9.4. CRH plc
  • 9.4.1. Company Overview
  • 9.4.2. Financial Performance
  • 9.4.3. Product Benchmarking
  • 9.4.4. Recent Development
• 9.5. Graymont Limited
  • 9.5.1. Company Overview
  • 9.5.2. Financial Performance
  • 9.5.3. Product Benchmarking
  • 9.5.4. Recent Development
• 9.6. HeidelbergCement AG
  • 9.6.1. Company Overview
  • 9.6.2. Financial Performance
  • 9.6.3. Product Benchmarking
  • 9.6.4. Recent Development
• 9.7. Independent Limestone Company, LLC
  • 9.7.1. Company Overview
  • 9.7.2. Financial Performance
  • 9.7.3. Product Benchmarking
  • 9.7.4. Recent Development
• 9.8. Lhoist Group
  • 9.8.1. Company Overview
  • 9.8.2. Financial Performance
  • 9.8.3. Product Benchmarking
  • 9.8.4. Recent Development
• 9.9. Mississippi Lime Company
  • 9.9.1. Company Overview
  • 9.9.2. Financial Performance
  • 9.9.3. Product Benchmarking
  • 9.9.4. Recent Development
• 9.10. Mitsubishi Materials Corporation
  • 9.10.1. Company Overview
  • 9.10.2. Financial Performance
  • 9.10.3. Product Benchmarking
  • 9.10.4. Recent Development
• 9.11. NALC LLC
  • 9.11.1. Company Overview
  • 9.11.2. Financial Performance
  • 9.11.3. Product Benchmarking
  • 9.11.4. Recent Development
• 9.12. Nittetsu Mining Co., Ltd.
  • 9.12.1. Company Overview
  • 9.12.2. Financial Performance
  • 9.12.3. Product Benchmarking
  • 9.12.4. Recent Development
• 9.13. Sumitomo Osaka Cement Co., Ltd.
  • 9.13.1. Company Overview
  • 9.13.2. Financial Performance
  • 9.13.3. Product Benchmarking
  • 9.13.4. Recent Development
• 9.14. United States Lime & Minerals, Inc.
  • 9.14.1. Company Overview
  • 9.14.2. Financial Performance
  • 9.14.3. Product Benchmarking
  • 9.14.4. Recent Development
• 9.15. Vulcan Materials Company
  • 9.15.1. Company Overview
  • 9.15.2. Financial Performance
  • 9.15.3. Product Benchmarking
  • 9.15.4. Recent Development