North America Limestone Market Size & Outlook, 2023-2030
North America limestone market, 2018-2030 (US$M)
Related Markets
North America limestone market highlights
- The North America limestone market generated a revenue of USD 10,333.3 million in 2023.
- The market is expected to grow at a CAGR of 7.1% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 10,333.3 million |
| Market revenue in 2030 | USD 16,715.8 million |
| Growth rate | 7.1% (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, North America region accounted for 13.4% 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 |
|---|
North America 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 81.55% in 2023. Horizon Databook has segmented the North America 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 of North America was 2.6%, as of May 2024. The growth can be attributed to the U.S. economy, which witnessed growth of 2.7%. North American countries are focused on accelerating their economic growth rate by investing in infrastructure development projects and carrying out residential and commercial construction activities.
Growing investments in public infrastructures and construction projects are anticipated to augment the demand for limestone in North America from 2024 to 2030. Countries in the North American region have to invest massively to keep up with the growing demand for housing units with respect to their population.
For instance, in July 2023, Prime Minister Justin Trudeau launched a CAD 6.00 billion (USD 4.42 billion) Canada Housing Infrastructure Fund to accelerate the construction and upgrade of housing. Similarly, Mexico is required to invest around 4% of its GDP to construct 800,000 housing dwellings per year to keep up with the demand for the next 2 decades.
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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 continent-level data and insights on the North America limestone market , including forecasts for subscribers. This continent databook contains high-level insights into North America limestone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America limestone market size, by country, 2018-2030 (US$M)
North America Limestone Market Outlook Share, 2023 & 2030 (US$M)
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