Global Limestone Market Size study & Forecast, by Application (Industry Lime, Chemical Lime, Construction Lime, and Refractory Lime), by End-user (Paper and Pulp, Water Treatment, Agriculture, Plastics, Building and Construction, Steel Manufacturing, and

Global Limestone Market Size study & Forecast, by Application (Industry Lime, Chemical Lime, Construction Lime, and Refractory Lime), by End-user (Paper and Pulp, Water Treatment, Agriculture, Plastics, Building and Construction, Steel Manufacturing, and Other End-user Industries), and Regional Analysis, 2022-2029

Global Limestone Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. The major component of limestone-a sedimentary rock-is calcium carbonate in the formation of the mineral calcite. It could also take the form of chemical sedimentary rock that is produced when calcium carbonate from lake or ocean water crystallites. The Limestone market is expanding because of factors such as increasing demand from the construction industry and rising steel production.
The World Steel Association estimates that worldwide steel production increased by 3.7% from 1,880.4 metric tons in 2020 to approximately 1,950.5 metric tons in 2021. This displays the current state of global market demand. However, rising CO2 emission factors from agricultural liming may halt market growth. The market for the Limestone Market is expected to rise, owing to Increasing infrastructural developments and rising strategic initiatives by the private players in the Market. However, rising CO2 emission factor from agricultural liming hamper the market growth during the projected years.


The key regions considered for the Global Limestone Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to rising construction industry and its increasing application of steel and iron, construction, water and wastewater treatment, paper and pulp, agriculture, and chemical industry. Whereas, North America is expected to grow significantly during the forecast period, owing to rising R&D in the market.

Major market players included in this report are:
Lhoist Group
AMR India Limited
Carmeuse
GLC Minerals LLC
Graymont Limited
Gujarat Mineral Development Corporation Ltd
Imerys
Kerford Limestone
LafargeHolcim
Minerals Technologies Inc



Recent Developments in the Market:
In June 2021, the largest manufacturing facility of its kind in Benelux, Carmeuse opened a new installation to create limestone filler with a production capability of 450,000 metric tonnes, at a cost of EUR 16.33 million. With this expansion of its production base, the company will enhance its geographical presence in the forecast period.
In April 2021, Zhumadianshi Baiyun Paper Co. Ltd. and Minerals Technologies Inc. entered into an agreement to build a 50,000 metric tonnes per year satellite precipitated calcium carbonate plant at their paper mill in Suiping County, Zhumadian City. With this agreement, the company will enhance its overall structure and encourage the company to provide various innovative solutions to its customers.
Global Limestone Market Report Scope:
Historical DataCompanies Mentioned

Lhoist Group
AMR India Limited
Carmeuse
GLC Minerals LLC
Graymont Limited
Gujarat Mineral Development Corporation Ltd
Imerys
Kerford Limestone
LafargeHolcim
Minerals Technologies Inc

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