The new report by Expert Market Research titled, ‘Australia Lime Market Trends, Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the Australia lime market, assessing the market based on its segments like types and applications.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 2%

Over the last few years, Australia’s construction industry has sustained a strong growth rate, especially in New South Wales and Victoria. Furthermore, during the forecast period, the rapid speed of urbanisation, increased demand for improved infrastructure, and increased construction projects in the commercial and manufacturing sectors are projected to fuel the growth of the lime industry in Australia. Furthermore, the government is increasingly investing in the development of public infrastructures, such as train stations, which is further propelling the growth of the market. Infrastructural developments at airports throughout the country are also aiding the growth of  the industry.

Australia Lime Industry Definition and Major Segments

Lime is a white alkaline caustic material made up of calcium oxide, which is produced by heating limestone and combining it with water, leading to the production of a lot of heat and quicklime. Lime is used in a variety  of uses, including environmental, metallurgical, manufacturing, chemical/industrial, and more. Environmental uses are the fastest-growing use of lime, with lime being used to comply with air, drinking water, sanitation, and solid waste rules.

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By type, the industry can be segmented as:

  • Quick Lime
  • Hydrated Lime
  • Hydraulic Lime
  • Others

The major application sectors in the market are :

  • Metallurgical
  • Environmental
  • Chemical and Industrial
  • Agriculture
  • Construction
  • Others

Australia Lime Market Trends

The growing infrastructure and building industry in Australia is the primary driver of the lime industry growth. The demand for lime is also being driven by the growing steel industry in the region, as steel materials are protected from corrosion and impurities with hydrated lime. It acts as a coating on the products, helping to neutralise the slag’s acid. As a result, the growth of the steel industry has a direct effect on the lime industry’s growth.

The lime industry in Australia is further growing due to its rising use in metallurgical applications. It is widely used in the manufacturing of metal ores and non-ferrous metals like gold, silver, and aluminium, among others, thus, fuelling the industry’s development.

Key Market Players

The major players in the market are Adelaide Brighton Limited, Boral Limited, Graymont Limited, Cockburn Cement Limited, Swan Cement Limited, Agricola Mining Pty Ltd, and Calcimo Lime & Fertilizers Pty Ltd, amongst others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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