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AUSTRALIA LIME MARKET ANALYSIS

Australia Lime Market, By Product Type (Aglime (Agricultural Lime), Quick Lime, Hydrated Lime), By Application (Mining & Metallurgy, Building Material, Agriculture, Water Treatment, Others), and By Region (New South Wales, Victoria, Western Australia, Queensland, Rest of Australia)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

  • Published In : Nov 2022
  • Code : CMI3301
  • Pages :100
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials

Australia Lime MarketSize and Trends

The Australia lime market was estimated to account for US$ 294.1 billion in terms of value in 2021 and is predicted to grow at a CAGR of 2.1% during the forecast period (2022 to 2030).

Market Trends

The increasing investments by the government in the construction of public infrastructure

The increasing investments by the government in the construction of public infrastructure, including railway stations, actions as an important industry trend superintendent the progress of the market.

Market Opportunity:

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.

Market Trends

Figure 2: Australia Lime Market (US$ Bn) Analysis and Forecast, 2022 - 2030

Australia Lime market was valued at US$ 294.1 Bn in 2021 and is expected to reach US$ 358.7 Billion by 2030, growing at a CAGR of 2.1 % between 2022 and 2030.         

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