Middle East & Africa Limestone Market Size & Outlook
Middle East & Africa limestone market, 2018-2030 (US$M)
Related Markets
MEA limestone market highlights
- The MEA limestone market generated a revenue of USD 6,408.7 million in 2023.
- The market is expected to grow at a CAGR of 5.5% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 6,408.7 million |
| Market revenue in 2030 | USD 9,323.2 million |
| Growth rate | 5.5% (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, MEA region accounted for 8.3% 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 |
|---|
Middle East & Africa 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 78.92% in 2023. Horizon Databook has segmented the Middle East & Africa 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, the real GDP growth, as of May 2024 for Middle East and Africa is 2.5% and 3.5%, respectively. This growth can be attributed to the increasing investments by government and private players in various industries such as tourism, construction, manufacturing, and food & beverages.
Countries in the region are developing at a fast pace owing to the ongoing rapid industrialization and urbanization. Owing to these factors, accelerating investment in resorts, hotels, artificial islands, and luxury residential projects, thereby leading to the growth of the market in the region in the coming years.
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Target buyers of Middle East & Africa 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 Middle East & Africa limestone market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa limestone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA limestone market size, by country, 2018-2030 (US$M)
Middle East & Africa Limestone Market Outlook Share, 2023 & 2030 (US$M)
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