Limestone for Agriculture Market : Global Industry Analysis and Forecast (2023-2029)


Limestone Market for Agriculture Market was valued US$ 141.38 Mn. in 2022 and is expected to grow US$ 192.40 Mn. by 2029, at a CAGR of 4.5% during the forecast period.

The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Limestone for Agriculture Market

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Limestone Market for Agriculture Market Definition:

A limestone is a form of sedimentary rock, which is formed due to pressure. It mostly contains 50% of calcite, which is a form of calcium carbonate. It is used in a wide range of applications, like construction, agriculture, glass, and steelmaking, and many more. The application of agricultural limestone is an important means of maintaining soil acidity at levels that are best for maximum economical crop production. Illinois farmers apply more agricultural limestone per acre than any other farmers in the United States. To select the best agricultural limestone product, farmers must consider such geologic, agronomic, and economic factors as the chemical composition of the stone, the particle size of the crushed limestone product, the cost per ton of purchasing, and transporting the agricultural limestone.

Limestone Market for Agriculture Market Dynamics:

The demand from the construction and agriculture sector is expected to drive the global limestone market during the forecast period. Limestone is a sedimentary rock consisting of calcium carbonate in the form of calcite. It is abundant in nature and about 10% of the land is made up of limestone and similar rocks. It consists of elements, like calcium, carbon, and oxygen. There are several minerals, such as marble, dolomite, and chalk that resembles limestone but have different chemical composition.

Growth activities by limestone manufacturers are one of the serious reasons that will drive the limestone for agriculture market growth. Limestone manufacturers are concentrating on increasing their production capacity to remain competitive in the market. Nordkalk has already expanded its geographical presence to Turkey through a joint venture, Nordeka Maden. Such expansion activities will increase the availability of superior-quality limestone products for agriculture purposes.

Numerous local and international players make the global limestone for the agriculture market highly fragmented in nature. To stay ahead of the curve, players are seen adding to their production capacities, mainly in fast-expanding, populated economies of China and India, where demand is high, and labor & land is cheap. Big companies are also banking upon M&A to increase their geographical outreach.

However, health hazards associated with calcium carbonate is expected to hamper the limestone market for agriculture market growth.

Limestone Market for Agriculture Market Segment Analysis:

By type, the calcitic segment expected to the largest market share of the limestone market for agriculture by 2027, because of the increasing application of calcitic limestone that helps in the neutralization of the acid in the soil to increase the pH level above 6. For the agricultural purpose, limestone is available in normal (i.e. powdered) form or in the granular or palletized form. The use of normal limestone is reasonably more in agriculture since it can be easily applied on the soil surface and gets broken down easily, because of its fine particle size, hence accelerating the speed of activity, and increasing its effectiveness as compared to the limestone available in the palletized form.

Region-wise, the Asia Pacific market expected to the largest share of the limestone market for agriculture by 2027. The increasing number of agricultural activities is one of the key factors driving the growth of limestone for the agriculture market in the Asia Pacific region.

Industry Development:

Limestone manufacturers are concentrating on acquisitions to consolidate their market position. For example, ACG Materials has acquired the manufacturer Kelly Limestone that produces gypsum, limestone, and dolomite products. These products are used for construction activities and agriculture. Likewise, Nordkalk also is forming a joint venture to reduce the costs of obtaining raw materials from the quarries.

The objective of the report is to present a comprehensive analysis of the Global Limestone Market for Agriculture Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Limestone Market for Agriculture Market dynamics, structure by analyzing the market segments and project the Global Limestone Market for Agriculture Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Limestone Market for Agriculture Market make the report investor’s guide.

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Limestone Market for Agriculture Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2017 to 2022
Market Size in 2022:
US $ 141.38 Mn.




Forecast Period 2023 to 2029 CAGR:
4.5%
Market Size in 2029:
US $ 192.40 Mn.




 Segments Covered:
by Type
• Calcitic
• Dolomitic
• Other




by Application
• Agriculture
• Gardening
• Other






Limestone Market for Agriculture Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

 Limestone Market for Agriculture Market Key Players :

• Leiths Group
• Lhoist
• Minerals Technologies
• Nordkalk, Sibelco
• LafargeHolcim
• Cemex
• Graymont
• Vulcan Materials
• Breedon Group
• Yoshizawa Lime Industry
• NALC
• Sibelco
• Mitsubishi Materials Corporation
• Carmeuse Group S.A
• Elliot Stone Company, Inc.
• The National Agricultural Law Center

Frequently Asked Questions:

1. Which region has the largest share in Global Limestone for Agriculture Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Limestone for Agriculture Market?
Ans: The Global Limestone for Agriculture Market is growing at a CAGR of 4.5% during forecasting period 2023-2029.

3. What is scope of the Global Limestone for Agriculture Market report?
Ans: Global Limestone for Agriculture Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Limestone for Agriculture Market?
Ans: The important key players in the Global Limestone for Agriculture Market are – Leiths Group,Lhoist,Minerals Technologies,Nordkalk, Sibelco,LafargeHolcim,Cemex,Graymont,Vulcan Materials,Breedon Group,Yoshizawa Lime Industry,NALC,Sibelco,Mitsubishi Materials Corporation,Carmeuse Group S.A,Elliot Stone Company, Inc.,The National Agricultural Law Center,

5. What is the study period of this Market?
Ans: The Global Limestone for Agriculture Market is studied from 2022 to 2029. 





Global Limestone Market for Agriculture Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Limestone Market for Agriculture Market Size, by Market Value (US$ Mn)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

5. Supply Side and Demand Side Indicators

6. Global Limestone Market for Agriculture Market Analysis and Forecast
6.1. Limestone Market for Agriculture Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Global Limestone Market for Agriculture Market Analysis and Forecast, by Type
7.1. Introduction and Definition
7.2. Key Findings
7.3. Limestone Market for Agriculture Market Value Share Analysis, by Type
7.4. Limestone Market for Agriculture Market Size (US$ Mn) Forecast, by Type
7.5. Limestone Market for Agriculture Market Analysis, by Type
7.6. Limestone Market for Agriculture Market Attractiveness Analysis, by Type

8. Global Limestone Market for Agriculture Market Analysis and Forecast, by Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. Limestone Market for Agriculture Market Value Share Analysis, by Application
8.4. Limestone Market for Agriculture Market Size (US$ Mn) Forecast, by Application
8.5. Limestone Market for Agriculture Market Analysis, by Application
8.6. Limestone Market for Agriculture Market Attractiveness Analysis, by Application

9. Global Limestone Market for Agriculture Market Analysis, by Region
9.1. Limestone Market for Agriculture Market Value Share Analysis, by Region
9.2. Limestone Market for Agriculture Market Size (US$ Mn) Forecast, by Region
9.3. Limestone Market for Agriculture Market Attractiveness Analysis, by Region

10. North America Limestone Market for Agriculture Market Analysis
10.1. Key Findings
10.2. North America Limestone Market for Agriculture Market Overview
10.3. North America Limestone Market for Agriculture Market Value Share Analysis, by Type
10.4. North America Limestone Market for Agriculture Market Forecast, by Type
10.4.1. Calcitic
10.4.2. Dolomitic
10.4.3. Other
10.5. North America Limestone Market for Agriculture Market Value Share Analysis, by Application
10.6. North America Limestone Market for Agriculture Market Forecast, by Application
10.6.1. Agriculture
10.6.2. Gardening
10.6.3. Other
10.7. North America Limestone Market for Agriculture Market Value Share Analysis, by Country
10.8. North America Limestone Market for Agriculture Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Limestone Market for Agriculture Market Analysis, by Country
10.10. U.S. Limestone Market for Agriculture Market Forecast, by Type
10.10.1. Calcitic
10.10.2. Dolomitic
10.10.3. Other
10.11. U.S. Limestone Market for Agriculture Market Forecast, by Application
10.11.1. Agriculture
10.11.2. Gardening
10.11.3. Other
10.12. Canada Limestone Market for Agriculture Market Forecast, by Type
10.12.1. Calcitic
10.12.2. Dolomitic
10.12.3. Other
10.13. Canada Limestone Market for Agriculture Market Forecast, by Application
10.13.1. Agriculture
10.13.2. Gardening
10.13.3. Other
10.14. North America Limestone Market for Agriculture Market Attractiveness Analysis
10.14.1. By Type
10.14.2. By Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Developments

11. Europe Limestone Market for Agriculture Market Analysis
11.1. Key Findings
11.2. Europe Limestone Market for Agriculture Market Overview
11.3. Europe Limestone Market for Agriculture Market Value Share Analysis, by Type
11.4. Europe Limestone Market for Agriculture Market Forecast, by Type
11.4.1. Calcitic
11.4.2. Dolomitic
11.4.3. Other
11.5. Europe Limestone Market for Agriculture Market Value Share Analysis, by Application
11.6. Europe Limestone Market for Agriculture Market Forecast, by Application
11.6.1. Agriculture
11.6.2. Gardening
11.6.3. Other
11.7. Europe Limestone Market for Agriculture Market Value Share Analysis, by Country
11.8. Europe Limestone Market for Agriculture Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Rest of Europe
11.9. Europe Limestone Market for Agriculture Market Analysis, by Country
11.10. Germany Limestone Market for Agriculture Market Forecast, by Type
11.10.1. Calcitic
11.10.2. Dolomitic
11.10.3. Other
11.11. Germany Limestone Market for Agriculture Market Forecast, by Application
11.11.1. Agriculture
11.11.2. Gardening
11.11.3. Other
11.12. U.K. Limestone Market for Agriculture Market Forecast, by Type
11.12.1. Calcitic
11.12.2. Dolomitic
11.12.3. Other
11.13. U.K. Limestone Market for Agriculture Market Forecast, by Application
11.13.1. Agriculture
11.13.2. Gardening
11.13.3. Other
11.14. France Limestone Market for Agriculture Market Forecast, by Type
11.14.1. Calcitic
11.14.2. Dolomitic
11.14.3. Other
11.15. France Limestone Market for Agriculture Market Forecast, by Application
11.15.1. Agriculture
11.15.2. Gardening
11.15.3. Other
11.16. Italy Limestone Market for Agriculture Market Forecast, by Type
11.16.1. Calcitic
11.16.2. Dolomitic
11.16.3. Other
11.17. Italy Limestone Market for Agriculture Market Forecast, by Application
11.17.1. Agriculture
11.17.2. Gardening
11.17.3. Other
11.18. Spain Limestone Market for Agriculture Market Forecast, by Type
11.18.1. Calcitic
11.18.2. Dolomitic
11.18.3. Other
11.19. Spain Limestone Market for Agriculture Market Forecast, by Application
11.19.1. Agriculture
11.19.2. Gardening
11.19.3. Other
11.20. Rest of Europe Limestone Market for Agriculture Market Forecast, by Type
11.20.1. Calcitic
11.20.2. Dolomitic
11.20.3. Other
11.21. Rest of Europe Limestone Market for Agriculture Market Forecast, by Application
11.21.1. Agriculture
11.21.2. Gardening
11.21.3. Other
11.22. Europe Limestone Market for Agriculture Market Attractiveness Analysis
11.22.1. By Type
11.22.2. By Application
11.23. PEST Analysis
11.24. Key Trends
11.25. Key Developments

12. Asia Pacific Limestone Market for Agriculture Market Analysis
12.1. Key Findings
12.2. Asia Pacific Limestone Market for Agriculture Market Overview
12.3. Asia Pacific Limestone Market for Agriculture Market Value Share Analysis, by Type
12.4. Asia Pacific Limestone Market for Agriculture Market Forecast, by Type
12.4.1. Calcitic
12.4.2. Dolomitic
12.4.3. Other
12.5. Asia Pacific Limestone Market for Agriculture Market Value Share Analysis, by Application
12.6. Asia Pacific Limestone Market for Agriculture Market Forecast, by Application
12.6.1. Agriculture
12.6.2. Gardening
12.6.3. Other
12.7. Asia Pacific Limestone Market for Agriculture Market Value Share Analysis, by Country
12.8. Asia Pacific Limestone Market for Agriculture Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Limestone Market for Agriculture Market Analysis, by Country
12.10. China Limestone Market for Agriculture Market Forecast, by Type
12.10.1. Calcitic
12.10.2. Dolomitic
12.10.3. Other
12.11. China Limestone Market for Agriculture Market Forecast, by Application
12.11.1. Agriculture
12.11.2. Gardening
12.11.3. Other
12.12. India Limestone Market for Agriculture Market Forecast, by Type
12.12.1. Calcitic
12.12.2. Dolomitic
12.12.3. Other
12.13. India Limestone Market for Agriculture Market Forecast, by Application
12.13.1. Agriculture
12.13.2. Gardening
12.13.3. Other
12.14. Japan Limestone Market for Agriculture Market Forecast, by Type
12.14.1. Calcitic
12.14.2. Dolomitic
12.14.3. Other
12.15. Japan Limestone Market for Agriculture Market Forecast, by Application
12.15.1. Agriculture
12.15.2. Gardening
12.15.3. Other
12.16. ASEAN Limestone Market for Agriculture Market Forecast, by Type
12.16.1. Calcitic
12.16.2. Dolomitic
12.16.3. Other
12.17. ASEAN Limestone Market for Agriculture Market Forecast, by Application
12.17.1. Agriculture
12.17.2. Gardening
12.17.3. Other
12.18. Rest of Asia Pacific Limestone Market for Agriculture Market Forecast, by Type
12.18.1. Calcitic
12.18.2. Dolomitic
12.18.3. Other
12.19. Rest of Asia Pacific Limestone Market for Agriculture Market Forecast, by Application
12.19.1. Agriculture
12.19.2. Gardening
12.19.3. Other
12.20. Asia Pacific Limestone Market for Agriculture Market Attractiveness Analysis
12.20.1. By Type
12.20.2. By Application
12.21. PEST Analysis
12.22. Key Trends
12.23. Key Developments

13. Middle East & Africa Limestone Market for Agriculture Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Limestone Market for Agriculture Market Overview
13.3. Middle East & Africa Limestone Market for Agriculture Market Value Share Analysis, by Type
13.4. Middle East & Africa Limestone Market for Agriculture Market Forecast, by Type
13.4.1. Calcitic
13.4.2. Dolomitic
13.4.3. Other
13.5. Middle East & Africa Limestone Market for Agriculture Market Value Share Analysis, by Application
13.6. Middle East & Africa Limestone Market for Agriculture Market Forecast, by Application
13.6.1. Agriculture
13.6.2. Gardening
13.6.3. Other
13.7. Middle East & Africa Limestone Market for Agriculture Market Value Share Analysis, by Country
13.8. Middle East & Africa Limestone Market for Agriculture Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Limestone Market for Agriculture Market Analysis, by Country
13.10. GCC Limestone Market for Agriculture Market Forecast, by Type
13.10.1. Calcitic
13.10.2. Dolomitic
13.10.3. Other
13.11. GCC Limestone Market for Agriculture Market Forecast, by Application
13.11.1. Agriculture
13.11.2. Gardening
13.11.3. Other
13.12. South Africa Limestone Market for Agriculture Market Forecast, by Type
13.12.1. Calcitic
13.12.2. Dolomitic
13.12.3. Other
13.13. South Africa Limestone Market for Agriculture Market Forecast, by Application
13.13.1. Agriculture
13.13.2. Gardening
13.13.3. Other
13.14. Rest of Middle East & Africa Limestone Market for Agriculture Market Forecast, by Type
13.14.1. Calcitic
13.14.2. Dolomitic
13.14.3. Other
13.15. Rest of Middle East & Africa Limestone Market for Agriculture Market Forecast, by Application
13.15.1. Agriculture
13.15.2. Gardening
13.15.3. Other
13.16. Middle East & Africa Limestone Market for Agriculture Market Attractiveness Analysis
13.16.1. By Type
13.16.2. By Application
13.17. PEST Analysis
13.18. Key Trends
13.19. Key Developments

14. South America Limestone Market for Agriculture Market Analysis
14.1. Key Findings
14.2. South America Limestone Market for Agriculture Market Overview
14.3. South America Limestone Market for Agriculture Market Value Share Analysis, by Type
14.4. South America Limestone Market for Agriculture Market Forecast, by Type
14.4.1. Calcitic
14.4.2. Dolomitic
14.4.3. Other
14.5. South America Limestone Market for Agriculture Market Value Share Analysis, by Application
14.6. South America Limestone Market for Agriculture Market Forecast, by Application
14.6.1. Agriculture
14.6.2. Gardening
14.6.3. Other
14.7. South America Limestone Market for Agriculture Market Value Share Analysis, by Country
14.8. South America Limestone Market for Agriculture Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. South America Limestone Market for Agriculture Market Analysis, by Country
14.10. Brazil Limestone Market for Agriculture Market Forecast, by Type
14.10.1. Calcitic
14.10.2. Dolomitic
14.10.3. Other
14.11. Brazil Limestone Market for Agriculture Market Forecast, by Application
14.11.1. Agriculture
14.11.2. Gardening
14.11.3. Other
14.12. Mexico Limestone Market for Agriculture Market Forecast, by Type
14.12.1. Calcitic
14.12.2. Dolomitic
14.12.3. Other
14.13. Mexico Limestone Market for Agriculture Market Forecast, by Application
14.13.1. Agriculture
14.13.2. Gardening
14.13.3. Other
14.14. Rest of South America Limestone Market for Agriculture Market Forecast, by Type
14.14.1. Calcitic
14.14.2. Dolomitic
14.14.3. Other
14.15. Rest of South America Limestone Market for Agriculture Market Forecast, by Application
14.15.1. Agriculture
14.15.2. Gardening
14.15.3. Other
14.16. South America Limestone Market for Agriculture Market Attractiveness Analysis
14.16.1. By Type
14.16.2. By Application
14.17. PEST Analysis
14.18. Key Trends
14.19. Key Developments

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
15.3. Company Profiles: Key Players
15.3.1. Leiths Group
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Development Footprint
15.3.2. Lhoist
15.3.3. Minerals Technologies
15.3.4. Nordkalk
15.3.5. Sibelco
15.3.6. LafargeHolcim
15.3.7. Cemex
15.3.8. Graymont
15.3.9. Vulcan Materials
15.3.10. Breedon Group
15.3.11. Yoshizawa Lime Industry
15.3.12. NALC
15.3.13. Sibelco
15.3.14. Mitsubishi Materials Corporation
15.3.15. Carmeuse Group S.A
15.3.16. Elliot Stone Company, Inc.
15.3.17. The National Agricultural Law Center
16. Primary Key Insights
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