Global Limestone Market Size & Outlook, 2024-2030
Global limestone market, 2018-2030 (US$M)
Related Markets
Global limestone market highlights
- The global limestone market generated a revenue of USD 77,089.8 million in 2023 and is expected to reach USD 126,754.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.4% by 2030.
- In terms of segment, construction accounted for a revenue of USD 62,090.5 million in 2023.
- Chemical is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 77,089.8 million |
| Market revenue in 2030 | USD 126,754.1 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Construction |
| Fastest growing segment | Chemical |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Iron & Steel, Agricultural, Chemical, Other Applications |
Other key industry trends
- In terms of revenue, the North America accounted for 13.4% of the global limestone market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 1,796.7 million by 2030.
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Limestone Market Scope
Limestone Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global limestone market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to limestone market will help companies and investors design strategic landscapes.
Construction was the largest segment with a revenue share of 80.54% in 2024. Horizon Databook has segmented the Global limestone market based on construction, iron & steel, agricultural, chemical, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Limestone is widely consumed for manufacturing cement, construction aggregate, and building and infrastructure materials. Limestone is a principal raw material used to produce cement, which is further used in construction activities. It is a sought after material in restoration construction projects. Tiles made from limestone are widely used in interior and exterior walls & floorings, gardens, swimming pools, road surfaces, and pavements owing to their high aesthetic appeal.
In addition, limestone is used as a filler in asphalt coating used in road construction. The expanding construction industry in Europe and North America is expected to be driven by the restoration of existing building & infrastructure projects while construction industry in Asia Pacific and the Middle East & Africa is expected to be driven by new construction projects owing to burgeoning population and rising urbanization.
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Target buyers of Global limestone market databook
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Our clientele includes a mix of limestone market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global limestone market , including forecasts for subscribers. This global databook contains high-level insights into Global limestone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global limestone market size, by region, 2018-2030 (US$M)
Top 10 countries by Limestone Market revenue, 2023 (US$M)
Global limestone market share, by application, 2023 & 2030 (%, US$M)
Limestone market: Opportunity assessment by country
Global limestone market, by region, 2024 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 1,619.1 | 1,913.5 | 1,624.9 | 1,726.0 | 1,822.1 | 1,924.6 | 2,033.9 | 2,154.4 | 2,271.5 | 2,411.5 | 2,561.8 | 2,724.5 | 2,902.2 | 6.5% |
| Europe | 14,909.7 | 15,636.3 | 14,158.5 | 14,889.2 | 15,714.4 | 16,607.0 | 17,572.7 | 18,618.7 | 19,759.1 | 21,003.0 | 22,357.8 | 23,836.3 | 25,451.2 | 6.5% |
| North America | 10,070.7 | 10,439.9 | 8,834.5 | 9,201.6 | 9,755.2 | 10,333.3 | 10,966.4 | 11,657.1 | 12,454.3 | 13,350.8 | 14,346.0 | 15,462.2 | 16,715.8 | 7.5% |
| MEA | 6,197.1 | 6,086.1 | 5,521.4 | 5,867.2 | 6,109.3 | 6,408.7 | 6,734.5 | 7,082.9 | 7,455.7 | 7,863.6 | 8,306.4 | 8,791.5 | 9,323.2 | 5.9% |
| Asia Pacific | 36,638.7 | 38,939.5 | 34,306.7 | 36,287.9 | 38,910.3 | 41,816.2 | 45,035.8 | 48,565.9 | 52,451.8 | 56,738.7 | 61,445.8 | 66,636.6 | 72,361.7 | 8.4% |
| Overall | 69,435.3 | 73,015.3 | 64,446.0 | 67,971.7 | 72,311.2 | 77,089.8 | 82,343.4 | 88,079.0 | 94,392.4 | 101,367.4 | 109,017.8 | 117,451.0 | 126,754.1 | 7.4% |
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