Limestone is a type of carbonate sedimentary rock and is a main source of material lime. It is composed of calcium carbonate minerals and calcite. It is usually formed in clear, calm, warm, shallow, marine waters.
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It contains a major amount of magnesium carbonate and minor amounts of various components such as clay, iron carbonate, feldspar, pyrite, and quartz. The size of their constituent grain ranges from 0.001 mm (0.00004 inches) to visible particles.
The leading limestone-producing countries are South Africa, Turkey, Vietnam, United Arab Emirates, and Brazil.
Key Details About the Limestone Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the limestone price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The limestone price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Limestone Price Trend:
The major applications of limestone include the production of textiles, paint, rubber, glass, and in the plastic industry. It is also employed in cosmetics, pharmaceuticals, baking soda, and toothpaste.
It is also utilised in the construction and architecture industries such as sculptors, windowsills, and stair treads.
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Other than that, it is used to neutralise acids and treat wastewater, industrial sludge, animal waste, and water supplies. Additionally, it is also utilised in the manufacturing of cement.
Key Market Players:
- CEMEX S.A.B. de C.V
- GCCP Resources Limited,
- Mineral Technologies Inc.
- Mississippi Lime Company
- National Lime & Stone Company
News and Events
- April 2022: The new capacity expansion and optimization investment in the Sylacauga (AL) plant in Alabama, United States was announced by Imerys. They supported the overall growing demand for ground calcium carbonate products.
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