The Global High Purity Limestone Market size is expected to grow from USD 6.9 billion in 2018 to USD 8.4 billion by 2028, at a CAGR of 3.3% during the forecast period. The growing demand for high purity limestone in various end-use industries such as construction and metallurgical, coupled with its low cost makes it an ideal raw material for many applications. North America will continue to lead the market owing to increasing infrastructure spending in this region, while the Asia Pacific will be poised for growth due to large-scale infrastructure projects being undertaken in China among other factors.
High Purity Limestone is a type of mineral which has no significant impurities. These high-purity minerals can be used in the production of steel, glass, and copper products due to their good thermal properties. High purity calcined limestones are also largely consumed as furnace linings for heat treatment furnaces in industrial applications such as cement manufacture or iron/steel making.
On the basis of Types, the market is segmented into Calcined, Crushed, and Ground.
Calcined High Purity Limestone is a type of limestone that has been heated to produce quicklime. The heat treatment removes impurities and alters the crystalline structure, making it more reactive chemically than fresh limestone particles. Calcined High Purity Limestone is used as a flux in slag and smelting operations. It also has agricultural uses, such as the treatment of alkaline soils or fertilizers for acidic soil conditions.
In addition to these applications, calcined high purity limestone provides benefits in construction because of its use on absorbent surfaces like concrete footings that require drainage pits below them (where water collects).
The crushed high purity limestone is the product of crushing calcined and non-calcined limestones. Crushed high purity limestone has a particle size from 0 to 20mm in diameter. The crushed product can be applied directly to fields, gardens, lawns, flower beds, and other surfaces where its natural pH-buffering capabilities make it an effective neutralizing agent.
Ground high purity quarried limestone is a type of crushed stone that has been processed to remove the particles and/or pebbles. It can be used for many applications, such as construction or landscaping. When ground high purity quarried limestone is pulverized into smaller particles, it becomes an excellent additive in agricultural soils to improve water penetration and drainage.
On the basis of Application, the market is segmented into Construction, Metallurgical, Paper & Pulp, Chemical, Water, and Wastewater.
A major application is in the construction industry for use in roads and pavements which are exposed to heavy traffic or a high volume of trampling by pedestrians. It can also be used as a filler material to provide thermal insulation between layers of other building materials such as plasterboard when installing new floors.
It has two main applications - one where it’s crushed into gravel size particles that may then be burned at the base of furnaces to remove impurities from slag; secondly, it plays a vital role in steel production due to its ability to react with atmospheric oxygen during melting. This reaction eliminates dross formation on molten steel and also prevents oxidization of the steel during storage. It’s often used as a thermal insulator on top of molten metal to prevent contact with oxygen in order to avoid oxidation, so it's mainly used inside blast furnaces.
High purity limestone is used in paper and pulp because it contains calcium carbonate which reacts with the chemicals to remove the color from the fiber. It also controls pH levels, increases the brightness of the cellulose fibers, prevents acidity or alkalinity, and removes acidic salts.
It’s used as a component for making Portland cement which provides strength to concrete while reducing its weight and increasing workability; it's also used in many alkali production processes such as soda ash manufacture wherein limestone acts as an important source of calcium carbonate(CaCO).
High purity limestone is used as a component for water treatment and sewage plants. It removes heavy metals from the body of water that has been polluted by industry or natural disasters, such as earthquakes. In addition to removing impurities, it also increases pH levels in water sources that are too acidic due to contacts with chemicals like arsenic or sulfuric acid. High Purity Limestone is also used in medical applications because calcium hydroxide can be generated through this process, which helps prevent kidney stones.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to dominate in the high purity limestone market during the forecast period owing to its increased demand for construction materials that require calcium carbonate aggregate such as cement.
Europe will witness steady growth with respect to the consumption of calcined lime due to increasing investments from various industries including the steel and paper industry which are increasingly demanding specialized products like slags or other byproducts from thermal power plants.
Up Market Research published a new report titled “High Purity Limestone Market research report which is segmented by Types (Calcined, Crushed, Ground), By Applications (Construction, Metallurgical, Paper & Pulp, Chemical, Water & Wastewater, Agricultural, Others), By Players/Companies Graymont Limited, Carmeuse, Lhoist, Sumitomo Osaka Cement Co., Ltd., United States Lime & Minerals, Inc., Nittetsu Mining Co., Ltd., Minerals Technologies Inc., Cerne Calcium Company, ILC Resources, Atlantic Minerals Limited”.
Report Attributes | Report Details |
Report Title | High Purity Limestone Market Research Report |
By Type | Calcined, Crushed, Ground |
By Application | Construction, Metallurgical, Paper & Pulp, Chemical, Water & Wastewater, Agricultural, Others |
By Companies | Graymont Limited, Carmeuse, Lhoist, Sumitomo Osaka Cement Co., Ltd., United States Lime & Minerals, Inc., Nittetsu Mining Co., Ltd., Minerals Technologies Inc., Cerne Calcium Company, ILC Resources, Atlantic Minerals Limited |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 215 |
Number of Tables & Figures | 151 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Calcined, Crushed, Ground and By Application Construction, Metallurgical, Paper & Pulp, Chemical, Water & Wastewater, Agricultural, Others.
Some of the companies that are profiled in this report are:
High Purity Limestone Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the High Purity Limestone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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