Australia Market Study on Lime: Growing Emphasis on Mining Excavation Activities


Australia Lime  Market
  • Published On : Nov-2019 |
  • Pages : 78 Pages |
  • Format : Australia Lime  Market Australia Lime  Market Australia Lime  Market Australia Lime  Market

Progress of the construction industry has been assisting the growth of lime market in Australia. Heavy consumption of lime by mining industry remains another strong factor driving demand for lime across Australian market. A new Persistence Market Research (PMR) study says that rapid development of high-quality yet affordable manufacturing techniques will lead to a turning point for market growth in the near future. Sustained use of dry kilns for production of limestone and increasing sales of these products New South Wales and Victoria will significantly bolster lime sales in Australia.

Furthermore, recent developments in Australia’s mining industry and continuous enhancements in terms of mining production are expected to propel the demand for lime in the market over the period of forecast (2019-2029). Boral Limited, a leading multinational manufacturer and supplier in the building and construction materials space, got an approval for the modification of its Austen quarry in 2018. This modification included an increment of 0.4 mtpa in volume limit which hints at how manufacturers are looking forward to increasing production capabilities and expediting their mining excavation activities.

global australia lime market

Robust Growth Prospects in Mining and Metallurgy

In terms of value, the mining and metallurgy segment is projected to hold a significant share in the market and grow with a CAGR of 1.7% over the forecast years. By product type, hydrated lime is expected to hold a considerable share in Australia’s lime market whereas, quicklime is anticipated to explore robust growth opportunities in the market. Market players are focusing on voluminous production of limestone which is turning out to be a significant growth driver for market.

Proposed Construction Sites in Urban Areas

The construction industry in Australia has maintained a substantial growth rate over the last few years, especially in New South Wales and Victoria regions. This growth has played a decisive role in the increment of sales of limestone for the construction industry.

Furthermore, rapid rate of urbanization, increased need for better infrastructure, and growing construction projects in commercial and manufacturing sectors are also expected to propel the growth of the Australia lime market in the period of forecast. Also, the government is increasingly investing in the development of public infrastructure such as railway stations. The enhancement of airport infrastructure in the region is also creating significant growth opportunities for the Australia lime market.

Established Mining Sector Securing Growth Potential for the Market

The mining industry in Australia is one of the most established and productive mining industries across the globe. Due to several ongoing excavation activities and numerous ore reserves in Australia, the mining industry is expected to witness substantial increment, which in turn, will positively influence growth of Australia’s lime market.

According to the data released by International Organizing Committee for the World Mining Congresses, Australia’s mining industry contributes ~8.5% to the country’s GDP and has employed nearly 2% of the overall workforce in the country. The industry also plays a crucial role in maintaining Australia’s exports targets. According to the export data, the mining industry in the country contributes ~50% of all Australian exports, and helps to keep a check on the fiscal deficit in Australia. The requirement of lime in the mining industry and the positive growth prospects for the industry are expected to bolster the sales of lime in the Australia market.

Strong Presence of Global Manufacturers

The lime market in Australia is highly consolidated with the top 3 players in the market accounting for nearly 70% of the market share. The top 3 companies in the market account for a hefty share in the Australia lime market and have operations in nearly eight different manufacturing plants. These together constitute capacity of nearly 1570 Kilotons of limestone production in the market of Australia. The key manufactures active in the region are Adelaide Brighton Limited, Boral Limited, and Sibelco.

Analyst’s Viewpoint

A thorough analysis of the Australia lime market has helped us reach the conclusion that the market is expected to witness steady growth with New South Wales and Victoria regions developing into lucrative markets for lime, owing to the growth in several end-use application sectors. Applications such as mining and metallurgy and building materials are anticipated to ensure robust sales and a broader customer base for the Australia lime market on the back of the growth prospects and emergence of new market players in established industries.

Australia Lime Market - Scope of the Report

Persistence Market Research (PMR) recently published a market research report on the Australia lime market. The study provides detailed assessment of key market dynamics such as drivers, trends, opportunities, and restraints, along with comprehensive information about the Australia lime market structure. The market research report presents exclusive facts and figures about how the lime market will grow in Australia over the forecast period of 2019-2029.

Key indicators of the market growth, such as year-on-year (Y-o-Y) growth , compounded annual growth rate (CAGR), value chain analysis, and supply chain of the market are explained in PMR’s study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the Australia lime market over the forecast period.

The study is relevant for stakeholders in the Australia lime market, including investors, distributors, suppliers, and manufacturers, and can also help them understand appropriate strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the Australia lime market can leverage the information and data presented in PMR’s study.

The study comprises facts and statistics related to the micro as well as macroeconomic factors that are impacting developments in the market. The report also offers actionable insights based on the future trends in the Australia lime market. Furthermore, small players and new entrants in the Australia lime market can also use the information presented in this report to make business decisions and gain momentum in the market.

Key Segments of the Australia Lime Market

PMR’s study on the Australia lime market is divided into three significant segments by product type, application, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters related to these categories.

Product Type

Application

Region

Aglime

Agriculture

New South Wales

Quicklime

Metallurgy

Victoria

Hydrated Lime

Building Material

Queensland

Water Treatment

Western Australia

Rest of Australia

Key Questions Answered in PMR’s Australia Lime Market Report

  • Which regions are expected to prevail as prominent markets over the foreseen years?
  • Which factors will be pivotal driving factors for spurring the demand for lime in Australia over the forecast period?
  • How current developments will impact the Australia lime market?
  • How can market participants capture low-hanging opportunities in the Australia lime market in developed regions?
  • Who are the significant players in the Australia lime market?
  • What are the crucial strategies of prominent participants in the Australia lime market to upscale their position in this landscape?

Australia lime Market: Research Methodology

In PMR’s research report, exclusive research methodology is utilized to conduct comprehensive research on the development of the Australia lime market and reach conclusions on the future growth prospects for the market. In this research methodology, secondary and primary research is utilized by assistant analysts to ensure precision and reliability of the conclusions.

Secondary resources are referred by analysts during the evaluation of the Australia lime market study, which comprises of the facts and figures from IBEF, World Bank, World Mining Data, Trade Map, Australian Construction Industry Forum governmental authorities, and external & internal exclusive databases. Analysts have thoroughly interviewed several industrial experts, such as production managers, sales supervisors, sales operation managers, product portfolio managers, senior managers, market intelligence managers, and marketing/product managers to provide insightful information.

Some of the questions included in the questionnaire for primary interviews include:

1. What factors are driving the sales of limestone in the market of Australia?

2. Please rank the following application types according to their sales concentration.

  1. Agriculture
  2. Metallurgy
  3. Building Material
  4. Water Treatment
  5. Others

Comprehensive information acquired from primary resources and secondary resources are validated from companies in the Australia lime market to make PMR’s projection on the growth prospects of the lime market in Australia more accurate and reliable.

Companies covered in Australia Lime Market Report

Company Profiles:

  • Adelaide Brighton Ltd
  • Boral Limited
  • Sibelco Australia
  • Omya Australia Pty Ltd
  • Wagners
  • Lime Group Australia
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