Global Limestone Market 2018-2022
About this market
The increasing demand for PCC is extensively used in the paper and pulp industry to drive growth in the market. PCC is extensively used in the paper and pulp industry. It is used as a coating pigment, filler additive, brightening agent, and surface finish additive in the paper industry. Technavio’s analysts have predicted that the limestone market will register a CAGR of almost 6% by 2022.
Increasing infrastructural activities
In the construction industry, limestone is an extensively used mineral in roadways, parking lots, embankments, airport runways, and buildings. The growth in the construction industry is fueling the demand for limestone.
Environmental hazards caused by limestone mining
Limestone mining can disrupt surface water levels and groundwater reservoir. The underground mining of limestone affects the natural layer of groundwater and its flow.
For the detailed list of factors that will drive and challenge the growth of the limestone market during the 2018-2022, view our report.
The market appears to be fragmented and with the presence of several companies including CARMEUSE and CRH the competitive environment is quite intense. Factors such as the rising infrastructural activities and the increasing demand for PCC is extensively used in the paper and pulp industry, will provide considerable growth opportunities to limestone manufactures. CARMEUSE, CRH, Elliott Stone, Graymont, Lhoist, and SUMITOMO OSAKA CEMENT are some of the major companies covered in this report.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook