Germany Limestone Market Size & Outlook, 2023-2030
Germany limestone market, 2018-2030 (US$M)
Related Markets
Germany limestone market highlights
- The Germany limestone market generated a revenue of USD 1,274.5 million in 2023 and is expected to reach USD 1,796.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 5% 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 1,274.5 million |
| Market revenue in 2030 | USD 1,796.7 million |
| Growth rate | 5% (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, Germany accounted for 1.7% of the global limestone market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany limestone market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,394.6 million by 2030.
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Limestone Market Scope
Limestone Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 68.9% in 2023. Horizon Databook has segmented the Germany limestone market based on construction, iron & steel, agricultural, chemical, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is one of the largest producers of cement in the world. Germany’s cement production declined in 2023, which had an impact on limestone demand. The Russia-Ukraine war impacted Germany's cement industry in terms of energy costs and low supply.
Many German cement producers, like Opterra, are shifting towards investments in renewable energy to keep up the production levels and counter the high energy costs. Such initiatives are anticipated to help limestone demand sustain in the country over the forecast period.
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Target buyers of Germany 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 Germany limestone market , including forecasts for subscribers. This country databook contains high-level insights into Germany limestone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany limestone market size, by application, 2018-2030 (US$M)
Germany Limestone Market Outlook Share, 2023 & 2030 (US$M)
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