{"id":7925,"date":"2020-07-14T09:35:49","date_gmt":"2020-07-13T23:35:49","guid":{"rendered":"http:\/\/yinghuiinternational.com\/?p=7925"},"modified":"2020-07-14T09:35:54","modified_gmt":"2020-07-13T23:35:54","slug":"australian-lime-market-to-reach-more-than-500-billion-this-decade","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2020\/07\/14\/australian-lime-market-to-reach-more-than-500-billion-this-decade\/","title":{"rendered":"Australian lime market to reach more than $500 billion this decade"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.quarrymagazine.com\/wp-content\/uploads\/2020\/01\/Lead-pic-1024x706.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Three types of lime products are produced in Australia, including aglime, quick lime and hydrated lime.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>There are good signs for Australia\u2019s limestone segment, with the lime market expected to exceed $USD339.5 billion ($AUD510.8 billion) by 2027, according to a report by Coherent Market Insights.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An increase to lime\u2019s demand in the agriculture and the steel industries is expected to drive profits up in the coming years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe Australia lime market was estimated to account for $USD290 billion ($436 billion) in terms of value in 2018 and is predicted to grow at a CAGR (compound annual growth rate) of 1.7 per cent during the forecast period (2019 to 2027),\u201d the report stated.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lime \u2013 or calcium hydroxide \u2013 is produced by heating limestone, and has widespread use across construction, industrial, chemical, environmental and metallurgical sectors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Australia produces three types of lime products, including aglime (agricultural lime), quick lime and hydrated lime.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The steel industry, which contributes upwards of $16 billion to Australia\u2019s GDP, requires lime for its activities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While the nation faces a drop in construction activity, the use of lime in agriculture is expected to keep the market growing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On basis of product type, in 2018, aglime accounted for the largest market share of 52.4 percent, with 778.5 kilotonnes, in terms of volume, the report stated.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis is mainly due to increase in demand for aglime in farms as it is used to counter the high acidic content in soil and neutralise its pH factor to avoid any toxic contamination in plants.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Major players in the Australian lime market include ADBRI (Adelaide Brighton), Boral, Sibelco, Omya Australia, Wagners and Lime Group Australia. New South Wales has the nation\u2019s largest market share of lime at 31.3 per cent in 2018, with volumes predicted to reach 410.5 kilotonnes by the end of 2027.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three types of lime products are produced in Australia, including aglime, quick lime and hydrated lime. There are good signs for Australia\u2019s limestone segment, with the lime market expected to exceed $USD339.5 billion ($AUD510.8 billion) by 2027, according to a report by Coherent Market Insights. An increase to lime\u2019s demand in the agriculture and the &hellip; <a href=\"https:\/\/yinghuiinternational.com\/index.php\/2020\/07\/14\/australian-lime-market-to-reach-more-than-500-billion-this-decade\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australian lime market to reach more than $500 billion this decade&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6],"tags":[],"class_list":["post-7925","post","type-post","status-publish","format-standard","hentry","category-mines-and-quarry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-23P","jetpack-related-posts":[{"id":8607,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/05\/20\/talking-resources-in-papua-new-guinea\/","url_meta":{"origin":7925,"position":0},"title":"Talking resources in Papua New Guinea","author":"yinghui","date":"May 20, 2024","format":false,"excerpt":"WILLIAM ARNOTT The PNG Expo will take place in Port Moresby this year. Image: andriano_cz\/stock.adobe.com From new mines to critical minerals, the Papua New Guinea resources sector is thriving with potential. The 2024 PNG Industrial and Mining Resources Exhibition and Conference (PNG Expo) will be the premier event for industry\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.quarrymagazine.com\/wp-content\/uploads\/2024\/05\/AdobeStock_488691551-1024x683.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.quarrymagazine.com\/wp-content\/uploads\/2024\/05\/AdobeStock_488691551-1024x683.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.quarrymagazine.com\/wp-content\/uploads\/2024\/05\/AdobeStock_488691551-1024x683.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.quarrymagazine.com\/wp-content\/uploads\/2024\/05\/AdobeStock_488691551-1024x683.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":995,"url":"https:\/\/yinghuiinternational.com\/index.php\/2015\/09\/25\/buyer-sought-for-quarry-ahead-of-redevelopment\/","url_meta":{"origin":7925,"position":1},"title":"BUYER SOUGHT FOR QUARRY AHEAD OF REDEVELOPMENT","author":"yinghui","date":"September 25, 2015","format":false,"excerpt":"A quarry operator is seeking a buyer for its limestone operation ahead of the site\u2019s proposed redevelopment into a residential hub. Sibelco Australia has launched a public tender sale campaign for its Lilydale quarry, located in Melbourne, Victoria. The supplier announced earlier this month that operations would cease before the\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"Lilydale-quarry-pit","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2015\/10\/Lilydale-quarry-pit.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2015\/10\/Lilydale-quarry-pit.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2015\/10\/Lilydale-quarry-pit.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":605,"url":"https:\/\/yinghuiinternational.com\/index.php\/2014\/11\/25\/production-and-maintenance-to-drive-the-expanded-industry\/","url_meta":{"origin":7925,"position":2},"title":"Production and maintenance to drive the expanded industry","author":"yinghui","date":"November 25, 2014","format":false,"excerpt":"Mining investment will collapse by 40 per cent over the next four years, but the sector will grow in absolute terms as a result of greater production and maintenance requirements, according to a new report. Industry analyst BIS Shrapnel said the mining sector will also claim a greater share of\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8039,"url":"https:\/\/yinghuiinternational.com\/index.php\/2021\/09\/06\/electric-vehicles-to-drive-australias-mining-future\/","url_meta":{"origin":7925,"position":3},"title":"Electric vehicles to drive Australia\u2019s mining future","author":"yinghui","date":"September 6, 2021","format":false,"excerpt":"BHP will supply nickel for Tesla\u2019s electric vehicles. Industry leaders predict critical minerals for battery technologies will lead to significant opportunities for the nation\u2019s growing resources sector. Australia is expected to be at the forefront of the electric vehicle (EV) boom with key industry figures signalling that a combination of\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/australianresourcesandinvestment.com.au\/wp-content\/uploads\/2021\/09\/shutterstock_1491230117-1024x683.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/australianresourcesandinvestment.com.au\/wp-content\/uploads\/2021\/09\/shutterstock_1491230117-1024x683.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/australianresourcesandinvestment.com.au\/wp-content\/uploads\/2021\/09\/shutterstock_1491230117-1024x683.jpg?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/australianresourcesandinvestment.com.au\/wp-content\/uploads\/2021\/09\/shutterstock_1491230117-1024x683.jpg?resize=700%2C400 2x"},"classes":[]},{"id":2614,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/02\/07\/elliott-management-renews-calls-for-bhp-restructure\/","url_meta":{"origin":7925,"position":4},"title":"Elliott Management renews calls for BHP restructure","author":"yinghui","date":"February 7, 2018","format":false,"excerpt":"Elliott Management renews calls for BHP restructure February 6, 2018News\u00a0\u00a0Ewen Hosie Investor Elliott Management has again suggested that BHP should review its dual-listed structure and reorganise as a single company in Australia to add over $22 billion in value for shareholders. It is a view that the company\u2019s chief executive\u2026","rel":"","context":"In &quot;Clients&quot;","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2017\/10\/16082618\/bhp-city-586x270.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2017\/10\/16082618\/bhp-city-586x270.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2017\/10\/16082618\/bhp-city-586x270.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":1134,"url":"https:\/\/yinghuiinternational.com\/index.php\/2015\/12\/01\/mining-investment-to-implode\/","url_meta":{"origin":7925,"position":5},"title":"Mining investment to implode","author":"yinghui","date":"December 1, 2015","format":false,"excerpt":"Mining investment in Australia is set to decline sharply over the next three years, resulting in 20,000 job losses. A new report by BIS Shrapnel \u2013 Mining in Australia 2015 to 2030 \u2013 predicts the current state of contraction to continue in mining, falling a further 58 per cent over\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/7925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=7925"}],"version-history":[{"count":1,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/7925\/revisions"}],"predecessor-version":[{"id":7926,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/7925\/revisions\/7926"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=7925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=7925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=7925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}