North America Limestone Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America limestone market size reached 1,198.3 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 1,500.5 Million Tons by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.
The industry in this region comprises of products such as crushed limestone, calcined limestone (PCC) and ground limestone (GCC). These products are used widely across various industries such as construction, iron and steel manufacturing, waste-water treatment, chemical manufacturing, paper and pulp, agriculture and others.
The limestone industry in North America has been primarily driven by the growth in the construction activities in the residential and commercial building sectors, transportation and other infrastructural developments. In addition, strong growth of the economy, increasing population, their rising disposable incomes and high standard of living have further increased the demand for limestone in its other industrial applications. The federal government in Canada has recently proposed the use of ground limestone as a coloring agent in food applications, and the government in the US has allotted US$ 1 Trillion in 2018 financial budget for infrastructural development in the country. Such initiatives are expected to propel the growth of the limestone industry in the coming years.
IMARC Group’s latest report provides a deep insight into North America limestone market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into North America limestone market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America limestone market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on size, type and end-use.
Breakup by Country:
The United States
Canada
Amongst these, the United States accounted for the largest share.
Breakup by Size:
Crushed
Calcined (PCC)
Ground (GCC)
Breakup by Type:
High Calcium Limestone
Magnesian Limestone
Amongst these, high calcium limestone accounted for the largest share.
Breakup by End-Use:
Construction Industry
Metallurgical Industry
Paper & Pulp Industry
Chemical Industry
Waste Water Industry
Agriculture Industry
Others
Amongst these, construction industry accounted for the largest share.
Competitive Landscape:
The report has also examined the competitive landscape of the North America limestone market. Some of the major players include: Graymont, Lhoist, Carmeuse, United States Lime and Minerals Inc., Iowa Limestone Company and Mississippi Lime Company.
Key Questions Answered in This Report
1. What was the size of the North America limestone market in 2022?
2. What is the expected growth rate of the North America limestone market during 2023-2028?
3. What are the key factors driving the North America limestone market?
4. What has been the impact of COVID-19 on the North America limestone market?
5. What is the breakup of the North America limestone market based on the size?
6. What is the breakup of the North America limestone market based on the type?
7. What is the breakup of the North America limestone market based on end-use?
8. What are the key regions in the North America limestone market?
9. Who are the key players/companies in the North America limestone market?