Australia Lime Market Report and Forecast 2024-2032 

Australia Lime Market Outlook

The Australia lime market attained a volume of about 2.02 MMT in 2023. The market is expected to grow at a CAGR of 2.3% in the forecast period of 2024-2032 to reach 2.47 MMT by 2032.  

Rising Construction Industry to Aid the Lime Market in Australia

The construction industry in Australia has maintained a significant growth rate over the last few years, especially in the New South Wales and Victoria regions. This development has played a key role in growing the sales of limestone to the construction industry. In addition, the rapid pace of urbanisation, increased demand for better infrastructure, and increasing construction projects in the commercial and manufacturing sectors are also expected to boost the growth of the lime market in Australia during the forecast period. In addition, the government is gradually investing in the construction of public infrastructure, including railway stations. Improving airport infrastructure in the region also creates major growth opportunities for the lime market in Australia.

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Lime: Market Segmentation

Lime refers to a white alkaline caustic substance composed of calcium oxide, formed by heating the limestone and mixed with water to create a lot of heat and quicklime. 

Based on type, the industry can be divided as follows:

• Quick Lime
• Hydrated Lime
• Hydraulic Lime
• Others    

Lime finds wide applications in the following segments:

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

Rising Demand from the Steel Industry Bolstering the Market Growth of Lime in Australia

The lime industry in Australia is primarily being driven by the construction industry. The rising steel industry is also driving the demand for lime industry. Hydrated lime is used to protect steel products from corrosion and from impurities. It is like a coating on the goods that helps to neutralise the acid of the slag. As a consequence, the growth of the steel industry directly affects the growth of the lime industry. Its growing use in metallurgical applications while processing steel is further propelling the growth of the lime industry in Australia. The product is also used in the production of aluminium and magnesium. It is commonly used in the processing of metal ores and non-ferrous metals such as gold, silver, and aluminium, among others, which further leading to the industry growth.

Key Industry Players in the Australia Lime Market

The report gives a detailed analysis of the following key players in the Australia lime market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Adelaide Brighton Limited
• Boral Limited
• Graymont Limited
• Cockburn Cement Limited
• Swan Cement Limited
• Agricola Mining Pty Ltd
• Calcimo Lime & Fertilizers Pty Ltd
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report