Australia Market Study on Lime: Mining and Construction Sector to Dominate Consumption during Forecast Period 2016-2024

Persistence Market Research (PMR) delivers key insights on the Australia lime market in its latest report titled, “Lime Market: Australia Industry Analysis and Forecast, 2016–2024”.

The lime market in Australia is expected to expand at a CAGR of 1.7% in terms of value over the forecast period, 2016–2024. The market has been segmented by product type and application. The application segmentation consists of mining & metallurgy, building materials, agriculture, water treatment and others of which the mining & metallurgy segment is expected to account for the highest share of the lime market in Australia throughout the forecast period, to account for 31.4% by 2024.

Request For Report Sample@ https://www.persistencemarketresearch.com/samples/11503

Demand for energy-efficient and cost-effective solutions is expected to be a priority for lime manufacturers in the country over the forecast period. By product type, slaked/hydrated lime segment is expected to continue to dominate the market in terms of both value and volume throughout the forecast period. The segment is estimated to be valued at US$ 146.7 Mn and account for volume share of 68% in 2016. By application, mining & metallurgy and building materials, segments in the Australia lime market are expected to account for significant volume shares of 38% and 35%, respectively.

New South Wales is expected to be the largest market for lime in Australia throughout the forecast period. The market in the region is estimated to be valued at US$ 59.1 Mn by 2016 end. In terms of production, Western Australia is expected to be a major producer, contributing over 65% to the total lime production in the country, and is expected to expand at a CAGR of 0.8% over the forecast period.

Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/market-research/australia-lime-market/toc

Key players in the Australia lime market include Adelaide Brighton Ltd., Boral Limited, Sibelco Australia, Omya Australia Pty. Ltd, Wagners, and Lime Group Australia. Key players in the Australia lime market are focusing on enhancing their product portfolios. They are focusing not only on basic lime products but also on importing quicklime from ASEAN countries such as Thailand and Vietnam and Southeast Asian countries such as China to minimize a cost of raw materials involved in a lime production. Manufacturers are focusing on capitalizing on economies of scale to increase production, profitability, and offer cost-effective products in order to target cost-sensitive population in the region. Joint ventures, acquisitions, and strategic collaborations in terms of production and distribution of lime have been the common strategies employed by these companies to achieve their production objectives.

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.