It is estimated for the global limestone market to grow at a CAGR of 6.6% during the forecast period of 2016 to 2024. Limestone is a sedimentary rock consisting of calcium carbonate in the form of calcite and has a surging demand from construction and agriculture sector and this factor is expected to drive the limestone market over the years. It is known that more than 10% of the land is covered by limestone and similar kind of rocks. Calcium, carbon and oxygen are the components of the limestone. Various minerals such as marble, dolomite, and chalk resemble with limestone but do not consist of the same chemical composition as of limestone.
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Wastewater treatment, preparation of drinking water, enhancement of soil stability and removal of acid gas from flue gases are some of the applications of limestone. For neutralization purpose, limestone is used as an alkali in lakes and soils. Acidity levels in such sources have been increased over time due to the increase in the acid rains. With a growing global population, demand for freshwater is projected to rise, thereby, creating strong demand for limestone and related products.
Construction segment to account for the majority of growth in the limestone market.
Construction, chemical, steel & iron, glassmaking, water-treatment, agriculture, and others are the various end-use industries where the application of limestone takes place with the construction industry being the major consumption source of limestone. Increasing investments in roadways, highways, malls, houses, buildings and industrial sites around the globe are expected to drive the demand for the products in the construction segment.
The use of limestone in the chemical industry is driving the growth of the market during the forecast period.
Animal feeds, cosmetics, fertilizers, toothpaste, floor tiles, paint and varnishes, pharmaceuticals, plastics, rubber, textiles, sugar, baking powder, and carpet backing among others are the applications for limestone that is driving the growth of the market. In the chemical industry, in manufacturing of lime, ammonia, sodium bicarbonate, sodium bichromate, soda ash, calcium carbide, calcium chloride and soda ash among others the use of limestone takes place.
North America to lead the global limestone market during the forecast period.
Europe, North America, Central & South America, Asia Pacific, and Middle East & Africa are the segmentation for the global limestone market based on geography. North America is estimated to dominate the global limestone market with the majority of the share in the market. Factors like rising construction activities and rebuilding of infrastructure such as highways, bridges, and buildings in the region are driving the growth of the market.
Asia Pacific region to witness the growth at a significant rate in the limestone market.
The rising industrial activities, demand from construction and chemical sector supported by the increasing population is fuelling the growth of the limestone market in the Asia Pacific region. China, India, and Japan are estimated to be the major regions for the limestone market in the region. The demand from cement and agriculture industry in the Middle East and Africa is also expected to contribute to the growth of the industry.
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Major manufacturers in the market are,
· Adelaide Brighton Ltd
· Atlantic Minerals Limited
· Buechel Stone Corp
· Carmeuse Group
· Elliott Stone Company
· Fels-Werke GmbH
Segmentation of the market By Application,
· Industry Lime
· Refractory Lime
· Chemical Lime
· Construction-based Lime
Segmentation of the market By End-User Industry,
· Paper & Pulp
· Water Treatment
· Building & Construction
· Steel Manufacturing
· Food and Beverage
· Other End-user Industries
Segmentation of the market By Geography,
· North America
· South America
· Asia & Pacific
· MEA (Middle East and Africa)
Table of content
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Web Hosting Services Market Size 2014–2024
2.1.2 Web Hosting Services Market Size CAGR by Region
2.2 Web Hosting Services Segment by Type
Key Que Answered in this report:
- What will the Global Lime Stone Market?
- What are the key factors Lime Stone Market?
- What are the key market trends in the Lime Stone Market?
- improve pasting the growth of this Lime Stone market?
- What are the market opportunities and threats faced by the Lime Stone Market?
- What are the key outcomes of the five forces analysis of the Lime Stone Market?
What is our report offers:
Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments
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