North America Limestone Market Size, Share, and COVID-19 Impact Analysis, By Type (High Calcium Limestone, and Magnesian Limestone), By End User (Construction Industry, Metallurgical Industry, Paper & Pulp Industry, Chemical Industry, Waste Water Industry, Agriculture Industry, and Others), and North America, Limestone Market Insights, Industry Trend, Forecasts to 2035.

North America Limestone Market Insights Forecasts to 2035

• The North America Limestone Market Size Was Estimated at USD 10.40 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 6.50% from 2025 to 2035
• The North America Limestone Market Size is Expected to Reach USD 20.79 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the North America Limestone Market Size is anticipated to reach USD 20.79 Billion by 2035, growing at a CAGR of 6.50% from 2025 to 2035. Growing investments in urbanization projects and the growing need for limestone in infrastructure and building are the main factors driving the growth of North America limestone market.

Market Overview

The industry devoted to the extraction, processing, and distribution of limestone in the northern regions is known as the North America limestone market. A sedimentary rock mainly made of calcium carbonate, limestone finds extensive usage in industrial, agricultural, and building settings. The sustainable extraction, processing, and distribution of limestone for use in industry, agriculture, and construction is the main focus of the North America Limestone market. The market is expanding due in large part to the rise in construction activity and the increasing usage of limestone in cement manufacturing. The growing need for building materials, the rise in building projects such as roads, bridges, residential buildings, and commercial spaces, as well as the increased advancements in extraction methods like automated machinery and more effective blasting, are all contributing factors driving the North America limestone market. The need for limestone is anticipated to be driven by the region's expanding building and construction industry.   

Report Coverage

This research report categorizes the market for North America limestone market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America limestone market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America limestone market.   

Driving Factors

The growing need for building supplies, the expansion of infrastructure projects like roads, bridges, and commercial buildings, and improvements in extraction methods such automated equipment and better blasting, are the main factors boosting the North America limestone market's expansion. In the North America market, the biggest user of limestone is still the construction industry. The creation of cement, which is necessary for building structures like roads, bridges, and buildings, depends on limestone. The demand for environmentally friendly construction materials and environmental uses, including wastewater treatment and flue gas desulfurization, are also driving the growth of North America limestone market.   

Restraining Factors

High raw material costs, stringent environmental laws, transportation issues, market competition, and varying demand are some of the factors restricting the North America limestone market. Government limitations on quarrying and sustainability issues also have an impact on the expansion of the sector.

Market Segmentation

The North America Limestone market share is classified into type and end user.

• The high calcium limestone segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

The North America limestone market is segmented by type into high calcium limestone and magnesian limestone. Among these, the high calcium limestone segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. High calcium High-temperature heating of limestone is a crucial step in the creation of lime. A fluxing agent that eliminates impurities, including silica, phosphorus, and sulfur, lime is crucial in a variety of industrial processes, including the production of steel.   

• The construction industry segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America limestone market is segmented by end user into construction industry, metallurgical industry, paper & pulp industry, chemical industry, waste water industry, agriculture industry, and others. Among these, the construction industry segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Providing a key component in the creation of cement is one of the most important applications of limestone in construction industry. To make cement, limestone is fired in a kiln to produce lime (calcium oxide), which is subsequently combined with other ingredients like gypsum and clay. One of the most popular building materials is concrete, which contains cement as a binding agent.  

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America limestone market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Carmeuse
• GCCP Resources
• Holcim Ltd
• Graymont Limited
• Lhoist Group
• Cemex SAB de CV ADR
• Mississippi Lime Company
• Minerals Technologies Inc
• United States Lime & Minerals, Inc.
• Others

Recent Developments

• In August 2024, Graymont launched a global campaign to improve its reputation, displaying its superior lime operations and its quick rise to prominence as a low-carbon, calcium-based solution supplier. The essential mineral and the cornerstone of Graymont's whole product line, which includes limestone, lime, and more complex solutions made with premium lime and precisely blended calcium compound mixes, is calcium.

• In July 2022, the acquisition of MK Minerals was announced by Omya AG. Through the acquisition, Omya will have access to the Midwest of the United States, a crucial region for agricultural output worldwide. The business will be in a better position to cater to its clientele across the US. 

Key Target Audience 

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America limestone market based on the below-mentioned segments:

North America Limestone Market, By Type

• High Calcium Limestone
• Magnesian Limestone

North America Limestone Market, By End User

• Construction Industry
• Metallurgical Industry
• Paper & Pulp Industry
• Chemical Industry
• Waste Water Industry
• Agriculture Industry
• Others