Global Limestone Market to Reach US$65.3 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Limestone estimated at US$58.5 Billion in the year 2020, is projected to reach a revised size of US$65.3 Billion by 2027, growing at a CAGR of 1.6% over the period 2020-2027.
The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 3.2% CAGR for the Period of 2020-2027
The Limestone market in the U.S. is estimated at US$15.9 Billion in the year 2020. The country currently accounts for a 27.12% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$12.5 Billion in the year 2027 trailing a CAGR of 3.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.1% and 1.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.5% CAGR while Rest of European market (as defined in the study) will reach US$12.5 Billion by the year 2027.We bring years of research experience to this 18th edition of our report. The 197-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
-Competitors identified in this market include, among others,
- Adelaide Brighton Ltd.
- Atlantic Minerals Limited
- Buechel Stone Corp.
- Carmeuse Group S.A.
- CRH plc
- Elliott Stone Company Inc.
- Fels-Werke GmbH
- Graymont Limited
- Grupo Calidra
- Independent Limestone Company LLC
- LafargeHolcim Ltd.
- Lhoist Group
- Mississippi Lime Company
- Mitsubishi Materials Corporation
- NALC LLC
- Nittetsu Mining Co. Ltd.
- Schaefer Kalk GmbH & Co KG
- Sumitomo Osaka Cement Co. Ltd.
- Taiheiyo Cement Group
- Todaka Mining Co. Ltd.
- UBE Material Industries, Ltd.