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.

The rising demand for lime from the wastewater treatment industry in Australia is projected to propel the market growth. Growing environmental concerns and strict government rules for recycling of water, especially in industries are raising the adoption of various water and wastewater treatment plants in the country. Moreover, lime is also used as a water softener which is further anticipated to propel market growth over the forecast period. 

Regionally, New South Wales dominated the Australia lime market in 2018, reporting 28.8% market share in terms of value and is anticipated to reach US$ 81.5 billion in terms of revenue by 2027. In terms of market share regionally, New South Wales was followed by Victoria and Queensland, respectively.

Figure 1. Australia Lime Market, Revenue Share (%), By Region, 2018

Australia Lime  | Coherent Market Insights

The low cost of the import lime and clinker is expected to hinder the market growth of the lime in the region. Strict government regulation imposed on the low carbon emission is also affecting the production cost of the lime which is also expected to hinder the market growth. Moreover, an increasing number of plant shutting down because of the rising import of lime from ASEAN countries is expected to restrict market growth over the forecast period.

The decrease in the farm production due to fluctuating climate and other environmental issues in the Australia is expected to hinder the market growth of the lime over the forecast period. According to The Australian Bureau of Agricultural and Resource Economics and Sciences Australian agricultural production and exports are expected to decline in 2018–19 as a result of dry seasonal conditions in the eastern states due to ongoing drought and flooding in northern Queensland have been adversely affected the farm production in Australia.

Increasing production of cement and clinker in Australia is expected to foster market growth. In 2017-18 the Australian cement the industry recorded a turnover of a US$ 2.4 billion. Therefore, rising production of cement and clinker in the Australia due to booming the construction industry in the region is expected to propel the market growth over the forecast period.

Expanding pulp and paper industry in the Australia region is expected to propel the market growth over the forecast period. According to the Australian Industry and Skills Committee, during 2018 the industry was made up of 679 manufacturing businesses and 1,057 paper product wholesaling businesses and The Pulp and Paper industry contributed US$ 3.7 billion to the Australian economy in 2018. Hence, increasing pulp and paper products in the region is expected to fuel market growth. 

Figure 2. Australia Lime Market - Opportunity Analysis

Australia Lime  | Coherent Market Insights

Based on application, Metallurgy emerged as the leading segment the Australia lime market in 2018, accounting for 31.1% share in terms of value, followed by building materials and agriculture, respectively.

The rising number of collaboration in the region is a major trend that has been observed in the market, this factor is expected to augment the market growth of Australia lime. For instance, in August 2019, Graymont and Grupo Calidra have agreed to purchase the global lime and limestone business of the Belgium-based Sibelco group. The purchase includes operations located across the Asia-Pacific region in Australia, Malaysia, Indonesia, the Philippines, and South America in Argentina and Chile.

Growing demand for lime in the production of pigment and as filler in the more expensive paints is expected to propel the market growth. Moreover, the growing application of lime in the wood industry where lime is used as a neutralizer to neutralize the acid during the process. Furthermore, rising demand for lime from dyes and carpeting floors such as protective coatings is further anticipated to foster the growth of the Australia lime market.

Figure 3. Australia Lime Market, Revenue Share (%), By Application, 2018

Australia Lime  | Coherent Market Insights

Leading Companies active in the market include Adelaide Brighton Ltd, Boral Ltd., Sibelco Australia, Omya Australia Pty Ltd, Wagners, and Lime Group Australia

Few Recent Developments

Boral Limited

  • In 2015, CSR Bricks Pty Limited formed a joint venture company with Boral Ltd., called Boral CSR Bricks for brick operations and acquired 40% share of Boral Ltd. In the company.

Lime is an inorganic mineral derived from Limestone. Its chemical name is Calcium Hydroxide (CaOH). Lime is used in building and construction materials abundantly as well as used in various industries such as in agriculture, water treatment plants, steel manufacturing industry, metallurgical industry and others.

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.

Key features of the study:

  • This report provides in-depth analysis of Australia Lime market size (US$ Billion and Kilo Ton), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the Australia Lime market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • 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
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The Australia Lime market report caters to various stakeholders in this industry including investors, suppliers, Australia Lime manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the Australia Lime market

Detailed Segmentation:

  • Australia Lime market, By Product Type :
    • Aglime (Agricultural Lime)
    • Quick Lime
    • Hydrated Lime
  • Australia Lime market, By Application :
    • Mining & Metallurgy
    • Building Material
    • Agriculture
    • Water Treatment
    • Others
  • Australia Lime market, By Region:
    • New South Wales
      • By Product Type:
        • Aglime (Agricultural Lime)
        • Quick Lime
        • Hydrated Lime
      • By Application:
        • Mining & Metallurgy
        • Building Material
        • Agriculture
        • Water Treatment
        • Others
    • Victoria
      • By Product Type:
        • Aglime (Agricultural Lime)
        • Quick Lime
        • Hydrated Lime
      • By Application:
        • Mining & Metallurgy
        • Building Material
        • Agriculture
        • Water Treatment
        • Others
    • Western Australia
      • By Product Type:
        • Aglime (Agricultural Lime)
        • Quick Lime
        • Hydrated Lime
      • By Application:
        • Mining & Metallurgy
        • Building Material
        • Agriculture
        • Water Treatment
        • Others
    • Queensland
      • By Product Type:
        • Aglime (Agricultural Lime)
        • Quick Lime
        • Hydrated Lime
      • By Application:
        • Mining & Metallurgy
        • Building Material
        • Agriculture
        • Water Treatment
        • Others
    • Rest of Australia
      • By Product Type:
        • Aglime (Agricultural Lime)
        • Quick Lime
        • Hydrated Lime
      • By Application:
        • Mining & Metallurgy
        • Building Material
        • Agriculture
        • Water Treatment
        • Others
  • Company Profiles
    • Adelaide Brighton Ltd.
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Boral Limited
    • Sibelco Australia Ltd.
    • Omya Australia Pty Ltd.
    • Wagners
    • Lime Group Australia

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Australia Lime Market, By Product Type, 2019 - 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Aglime (Agricultural Lime)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Quick Lime
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Hydrated Lime
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Commercial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Commercial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
  5. Australia Lime Market, By Application, 2019 - 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 - 2027
      • Segment Trends
    • Mining & Metallurgy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Building material
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Agriculture
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Water Treatment
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
  6. Australia Lime Market, By Region, 2019 - 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • New South Wales
      • Region Trend
      • Market Size and Forecast, By Product Type, 2019- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Application, 2019- 2027 (US$ Billion and Kilo Tons)
    • Victoria
      • Region Trend
      • Market Size and Forecast, By Product Type, 2019- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Application, 2019- 2027 (US$ Billion and Kilo Tons)
    • Western Australia
      • Region Trend
      • Market Size and Forecast, By Product Type, 2019- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Application, 2019- 2027 (US$ Billion and Kilo Tons)
    • Queensland
      • Region Trend
      • Market Size and Forecast, By Product Type, 2019- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Application, 2019- 2027 (US$ Billion and Kilo Tons)
    • Rest of Australia
      • Region Trend
      • Market Size and Forecast, By Product Type, 2019- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Application, 2019- 2027 (US$ Billion and Kilo Tons)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Adelaide Brighton Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Boral Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sibelco Australia Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Omya Australia Pty Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Wagners
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Lime Group Australia
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 30 market data tables* and 25 figures* on "Australia Lime market” – forecast to 2027.