A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Limestone
Market. The
study, titled “Limestone
Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Limestone
Market: Overview
Limestone
is a naturally occurring sedimentary rock. It consists of calcium
carbonate (CaCO3) in its extremely pure form. Limestone is created by
the accumulation of fossils of various marine organisms such as
coral, algae, and molluscs and also by the precipitation of calcium
carbonate from oceans, lakes, and other water bodies. It is available
in various forms such as stones, aggregates, crushed, and also
powders of different dimensions.
The
shape, dimension, and size of limestone depends on the purpose of its
use. For example, in agriculture, the limestone used is coarse or
medium ground, whereas in building & construction, it is
preferred to be utilized in its crushed stone form.
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Market Research Report @
Limestone
is employed as a raw material for manufacturing cement, steel, as
well as lime, which are of commercial importance in a number of
applications. The different variants of limestone based on its
application include chemical lime, industrial lime, refractory lime,
and construction-based lime.
Limestone
Market: Trends
Limestone
is used in applications such as construction & construction
materials, water treatment, food & beverages, agriculture,
plastic, and paper making. The market for limestone is predicted to
be driven by the wide range of applications offered by the mineral.
There has been a rise in the use of limestone in applications such as
metal & paper manufacturing, steel production, and cement &
glass manufacturing.
With
rapid urbanization and industrialization, demand for cement has
increased widely, which is expected to drive the limestone market
during the forecast period. Another upcoming application of limestone
is its usage in water treatment and agriculture as a fertilizer,
since it is capable of neutralizing the acidity of soil and supplying
sufficient calcium for plant nutrition.
Limestone
is also used as a substitute for lime in biochemical assays and
construction activities to a certain extent. The market for limestone
is likely to expand rapidly during the forecast period due to the
wide range of properties it possesses.
Limestone
reacts with acid rain and is known to wear away. Special care needs
to be taken of buildings consisting limestone during adverse climatic
conditions. This could prove to be a major restraint for the global
market.
Limestone
Market: Region-wise Outlook
The
development of the limestone market has been comparatively fast in
Asia Pacific over the last decade, mainly attributed to the presence
of emerging economies in the region such as China, which holds the
maximum market share globally. Several countries in Asia Pacific have
witnessed rapid urbanization over the last few years, which has
provided ample scope for the expansion of the market for limestone.
Europe
too exhibited substantial growth. The region has a strong presence in
the global steel making industry. Manufacturing of steel requires a
large amount of limestone as a raw material, which is projected to
propel the limestone market in the region during the forecast period.
The limestone market in North America is mainly boosted by the need
for it in agriculture and water treatment.
The
market in Latin America is driven by the demand for the mineral in
the agriculture industry, whereas construction & building
materials are major applications of limestone in Middle East &
Africa. The rising incorporation of limestone in these two sectors is
estimated to push the market in Latin America and Middle East &
Africa during the forecast period as well as in the future.
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accurate market forecast and analysis on the Limestone market.
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Limestone
Market: Key Players
Key
market players operating in the limestone market include Carmeuse
Group S.A., Fels-Werke GmbH, Elliot Stone Company, Inc., Lhoist
Group, Tarmac, and Sachaefer Kalk GmbH & Co. KG.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
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