China Limestone Market Size & Outlook, 2023-2030
China limestone market, 2018-2030 (US$M)
Related Markets
China limestone market highlights
- The China limestone market generated a revenue of USD 28,645.7 million in 2023 and is expected to reach USD 49,798.5 million by 2030.
- The China market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, construction was the largest revenue generating application in 2023.
- Chemical is the most lucrative application segment registering the fastest growth during the forecast period.
Limestone market data book summary
| Market revenue in 2023 | USD 28,645.7 million |
| Market revenue in 2030 | USD 49,798.5 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Construction |
| Fastest growing segment | Chemical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Iron & Steel, Agricultural, Chemical, Other Applications |
| Key market players worldwide | Cemex SAB de CV ADR, Imerys, Holcim Ltd, Minerals Technologies Inc, GCCP Resources, Mississippi Lime Company, Carmeuse, Lhoist Group, National Lime and Stone Company |
Other key industry trends
- In terms of revenue, China accounted for 37.2% of the global limestone market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China limestone market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,849.7 million by 2030.
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Limestone Market Scope
Limestone Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 85.97% in 2023. Horizon Databook has segmented the China limestone market based on construction, iron & steel, agricultural, chemical, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
According to IMF, China’s real GDP growth was 5.2% in 2023, and is forecasted to grow by 4.6% and 4.1% in 2024 and 2025, respectively. China’s strong domestic market space in crucial end-use segments, including iron & steel, ceramics, agriculture, construction, and water treatment, is projected to drive the limestone market over the forecast period.
China is the largest producer of iron & steel commodities around the globe. As per the data published by World Steel, crude steel production was 1,019.1 million tons in 2023 and was 438.6 million tons for the period from January to May 2024. China’s crude steel production decreased by 2.1% from 2021 to 2022 to reach 1,013.0 million tons.
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Target buyers of China 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China limestone market , including forecasts for subscribers. This country databook contains high-level insights into China limestone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China limestone market size, by application, 2018-2030 (US$M)
China Limestone Market Outlook Share, 2023 & 2030 (US$M)
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