Press release
Australia Lime Market Demands and Growth Prediction 2018 to 2026
Australia Lime Market
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Market Dynamics
On basis of its application, Australia lime market is segmented into mining & metallurgy, building material, agriculture, water treatment and others. The rise in demand for lime in Australia's Mining & metallurgy industry has fueled the market growth in recent past years, owing to the physical and chemical properties of lime which are essential for clearing the impurities from metal in steel industry.
Many areas in Australia possess high acidic content in the soil which causes toxicity in crops. Therefore, a surge in demand for Aglime (agricultural lime) is observed in agriculture industry in the country. Lime is used as a neutralizer for acidity in the soil and thus it maintains a healthy pH level which is suitable for the crops.
Lime is also referred to as calcium hydroxide, is derived from the limestone such as quicklime and hydrated lime. Lime find application in building and engineering materials such as limestone product, concrete, cement, and mortar. Lime is also used in wastewater treatment with ferrous sulfate. Moreover, it is also used across industrial application such as the food industry, construction, and steel industry. Furthermore, lime also find application in the agriculture sector and is highly important for the production of sugar.
In 2018, Australia lime market is estimated to reach US$ 290.1 billion in terms of value and 1,485.0 Kilo Tons in terms of volume.
The growing mining industry in Australia is projected to foster market growth over the forecast period. According to Geoscience Australia, in 2016 there were around 370 operating mine sites in the country, of which approx. one third is located in Western Australia (WA), one quarter in Queensland (QLD) and one fifth in New South Wales (NSW), making them the three major mining states.
Detailed Segmentation:
o Australia Lime market, By Product Type :
o Aglime (Agricultural Lime)
o Quick Lime
o Hydrated Lime
o Australia Lime market, By Application :
o Mining & Metallurgy
o Building Material
o Agriculture
o Water Treatment
o Others
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Key Players:
Key companies covered as a part of this study includes Adelaide Brighton Ltd, Boral Limited, Sibelco Australia Ltd., Omya Australia Pty Ltd, Wagners, and Lime Group Australia
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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