Americas High-Purity Limestone Market Trends, Sector / Industry Report & Analysis, 2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Americas High-Purity Limestone Market


The Americas High-Purity Limestone market size is projected to reach US$ 1396.82 million by 2026, from US$ 936 million in 2020, at a CAGR of 6.9% during 2021-2026. Rising demand from end-use industries, such as construction and metallurgy, is anticipated to drive the market.

Crushed limestone is majorly used as an ingredient in the manufacturing of Portland cement clinker. High-purity limestone with sand, water, and other aggregates is finely ground, blended into proportions, and then heated to a temperature of 2,640 degrees Fahrenheit for producing cement clinkers. These clinkers are further ground into cement.

Rising number of roadway projects, new manufacturing plants, and development of large corporate offices will stir up the demand for cement. In addition, increased government investments in development of projects encompassing public transit as well as green & social infrastructure are estimated to further fuel the demand for cement. This, in turn, is expected to stimulate the growth of the market.

High-purity limestone is largely utilized in metallurgical operations. For instance, it is used as a fluxing material in the steel manufacturing sector for removing impurities such as phosphorus, silica, and sulfur. Moreover, the product is extensively utilized during iron extraction for removal of impurities.

Steel is considered as the backbone of the U.S. manufacturing industry and is a key material for downstream producers in the automotive, rail, container, energy, appliance, and machinery & equipment industries. The health & public safety infrastructure sector uses steel in the development of dams & reservoirs, public water supply systems, waste & sewage treatment facilities, and in residential construction.

According to a 2017 report published by the International Organization of Motor Vehicle Manufacturers, nearly 17 Million vehicles were produced in North America in the same year. Growing focus on manufacturing of lightweight vehicles to meet fuel economy is likely to boost the consumption of advanced high-strength steels. This trend, in turn, is poised to fuel the demand for high-purity limestone in the region.

Market Segmentation, Outlook & Viewpoint: Americas High-Purity Limestone Market

Type Market Segmentation & Outlook (Revenue, USD Million; Volume, Kilotons, 2014 - 2025)

  
Calcined
  
Crushed
  
Ground

Application Market Segmentation & Outlook (Revenue, USD Million; Volume, Kilotons, 2014 - 2025)

  
Construction
  
Metallurgical
  
Paper & Pulp
  
Chemical
  
Water & Wastewater
  
Agricultural
  
Others

Key Players, Recent Developments & Regional Insights: Americas High-Purity Limestone Market

The metallurgical segment commanded the leading revenue as well volume share in the Americas high-purity limestone market in 2017. In the metallurgical industry, limestone-related products are used to remove impurities when metals are refined from their ores. Wide spectrum use of metals such as steel & aluminum in industries such as construction, automotive, energy, transport, and packaging is expected to drive the market in the region over the forecast period.

Paper industry utilizes limestone in the form of a causticizing agent as well as for bleaching. The product, when used as a filler in paper manufacturing, enhances whiteness of the paper and consistency as well as opacity of the paper.In pulp mills, it is used in sulfite pulping process as well as Kraft-pulping process.

The use of limestone-related products in water & wastewater application includes desalination plants, where it is used for adjusting the pH of industrial water. Water & wastewater application is likely to exhibit a CAGR of 7.2% in terms of revenue during the forecast period.

Regional Insights

North America accounted for a volume share of over 68.0% in 2017. In the same year, the U.S. was the key revenue contributor in the region and accounted for a volume share of more than 70.0% in North America. Rising investments in the country to maintain, upgrade, and/or construct new infrastructure are poised to foster the growth of the cement sector. This, in turn, will work in favor of the market in the U.S.

As per the Federal Aviation Administration (FAA), U.S. aviation network includes 3,334 airports as a part of the National Plan of Integrated Airport Systems (NPIAS) of 2016 with existing 3,331 and 14 are proposed. The same source depicted that there were a total of 786 Million enplanements in 2015 and the number is projected to further increase to 1.24 billion by 2036.

Increased demand in the U.S. for air travel is anticipated to encourage expansion of airports, which in turn, can bolster the demand for cement. The automotive industry is one of the key users of steel. Mexicos vehicle production was about 3.5 Million units in 2016, which reached 4.0 Million units in 2017, marking an increase of about 13.0%. This trend is estimated to continue over the forecast period and benefit countrys steel industry.

The government of Mexico in 2013, under its National Infrastructure Program, announced plans to invest about USD 586 billion in infrastructure project from 2014 to 2018. The project focuses on the renovation and construction of airports, ports, railways, and roads. Increased initiatives undertaken by the government of the country for infrastructure development are expected to propel the limestone industry.

Americas High-Purity Limestone Market Share Insights

Cement manufacturers require a variety of raw materials and fuels including high-purity limestone, clay, and coal. Cement companies that have their own quarries or mines are likely to witness a stable supply of limestone-related products, which is the primary raw material used for cement manufacturing. Suppliers are engaged in business with major customers in the construction and retail industries that require end-use products such as cement and concrete.

Process integration is relevant among players present in the market. Players, such as Graymont Limited; Carmeuse; Lhoist; Sumitomo Osaka Cement Co., Ltd.; United States Lime & Minerals, Inc.; Nittetsu Mining Co., Ltd.; and Minerals Technologies Inc., are engaged in mining, crushing, and production of downstream products related to the limestone sector.

Domestic producers also market downstream products such as hydrated lime and quicklime. Some distributors in the market are Indiana Limestone Company; American Limestone Company; and United States Lime & Minerals, Inc. Downstream products are further utilized by end-use industries such as construction, metallurgy, chemical, and agriculture.

Key Insights Covered: Americas High-Purity Limestone Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Americas High-Purity Limestone industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Americas High-Purity Limestone industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Americas High-Purity Limestone industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Americas High-Purity Limestone industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Americas High-Purity Limestone industry.

Research Methodology: Americas High-Purity Limestone Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other