Europe Limestone Market Size & Outlook, 2023-2030
Europe limestone market, 2018-2030 (US$M)
Related Markets
Europe limestone market highlights
- The Europe limestone market generated a revenue of USD 16,607.0 million in 2023.
- The market is expected to grow at a CAGR of 6.3% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 16,607.0 million |
| Market revenue in 2030 | USD 25,451.2 million |
| Growth rate | 6.3% (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 |
| 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, Europe region accounted for 21.5% of the global limestone market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 72,361.7 million by 2030.
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Limestone Market Scope
Limestone Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 69.64% in 2023. Horizon Databook has segmented the Europe limestone market based on construction, iron & steel, agricultural, chemical, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is a significant region of the global limestone market, accounting for a revenue share of over 18.6%, as of 2023. The EU accounts for 1/6th of global trade, with Germany, France, and Italy constituting over 50% of the total EU economy.
Despite the Russia-Ukraine conflict, energy crisis, and tightening of monetary conditions, the Euro area performed well towards the end of 2022 and registered a GDP growth of 3.4% in 2022. Its GDP growth for 2023 was, however, 0.4%. As of April 2024, the real GDP growth of Europe was 1.4%, according to the IMF.
The construction industry is a significant contributor to the GDP and accounts for Europe's largest limestone demand share. The region had put efforts into infrastructural developments, however, according to news article in June 2023, major countries in the region were facing labor shortages, which was hampering construction activities.
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Target buyers of Europe 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 continent-level data and insights on the Europe limestone market , including forecasts for subscribers. This continent databook contains high-level insights into Europe limestone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe limestone market size, by country, 2018-2030 (US$M)
Europe Limestone Market Outlook Share, 2023 & 2030 (US$M)
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