Harrisburg, NC -- (SBWIRE) -- 10/07/2020 -- The Limestone market report recognizes the importance of investing in policies and processes to use trade as a tool for inclusive growth. Underlying this approach is a strategy to strengthen its export sectors and broaden the scope of the goods and services produced given the report's traditionally strong dependence on a narrow set of revenue-generating investment in the Limestone Market. This report is a roadmap for Limestone market exporters and policymakers to identify higher value-added products and markets with growth potential, as well as giving guidance to realize the opportunities and overcoming production challenges.

According to this study, over the next five years the Limestone market will register a 3.7% CAGR in terms of revenue, the global market size will reach $ 71670 million by 2025, from $ 61900 million in 2019.

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Top Key Market Competitors Covered in the report:

LafargeHolcim, Independent Limestone Company, Cemex, Nittetsu Mining, HeidelbergCement, Graymont, Sumitomo Osaka Cement, Italcementi Group, NALC, Schaefer Kalk, Indiana Limestone Company, Elliott Stone Company, Atlantic Minerals Limited, Todaka Mining, Eurocement, Lhoist, Mississippi Lime Company, Mitsubishi Materials, Carmeuse, Fels-Werke GmbH, Dalian Limestone, Sichuan Golden Summit, Sanyou-Group, Jiangxi Wannianqing, Shougang Lukuang, South Cement, China Resources Cement, Anhui Conch Cement, BBMG

On an average, about 270 kg limestone is used to produce 1,000 kg of crude steel, when produced through blast furnace (BF) and basic oxygen furnace (BOF). However, when an electric arc furnace is used, around 88 kg of limestone is used to produce 1,000 kg of crude steel.

The U.S. is a prominent country in terms of limestone consumption and production and was the largest market in the North America region in 2019. The consumption in the country is attributed to the widespread application of limestone in construction activities and iron and steel production.

Segment by Types:

High-Calcium Limestone
Magnesian Limestone
The segment of high-calcium limestone holds a comparatively larger share in global market, which accounts for about 84%

Segment by Application:

Construction Materials
Cement
Lime
Others
The cement holds an important share in terms of applications, and accounts for 38% of the market share.

The findings show that the country has a wealth of untapped export potential, particularly within North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, and Other), and that realizing this potential can build competitiveness for future growth.

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The Limestone market also presents new analysis on opportunities for upgrading to transformed products, taking into account the existing export structure and available inputs. It analysis the current trade challenges that the market faces and provides guidance on targeted avenues for enhancing export growth, diversification, and product upgrading by moving towards higher value-added products within a value chain.

Highlights of the report:

- The Limestone market helps to discover the market value in dollar terms that can be compared with actual expansion values in order to explore opportunities for additional growth across existing and new target markets.

-Developing a competitiveness strategy that focuses on diversifying its market and shifting to greater value addition in its products and services could place the market onto a more stable and sustainable development path with widespread benefits.

-Trade and Limestone market access data are key in guiding and re-orienting policies towards the opportunities that promise the greatest benefits

-It ensures the widespread access to finance for global Limestone market manufacturers, with improved connectivity to regional markets, and implementing an attractive and effective taxation system are overarching policies that will have a positive impact on the general business environment.

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This research presents an example of how relevant data – complemented by information from local stakeholders – can inform the trade-related decision-making of policymakers and the private sector; by transforming raw data to trade and Limestone market intelligence. It gives a balance between policies that promote the current market effect and an innovative approach that invests in new tradable products with higher value-added and impact.

The Limestone market report provides design and implements an informed trade and development strategy. Enhancing trade competitiveness is not always straightforward. Accordingly, this report provides a customized analysis for product upgrading focused on export diversification.

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