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At a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030, the size of the global dolomite market is expected to rise from USD 2.50 Billion in 2021 to USD 3.53 Billion by 2030.
Product-Based Analyses
More than 39% of the global dolomite market is now held by the calcined product sector, making it the largest segment overall. Dolomite is converted into a calcined form by heating minerals like calcium carbonate and magnesium. As a primary component of refractory lining protectors and scorifiers, it plays a crucial role in the production of iron and steel. It also has uses in agriculture as a soil conditioner and in the water purification industry.
Sintered dolomite is a significant subset of the overall market. Bricks made from this material are required for the lining of LD converters due to their high refractoriness. Since raw dolomite is sintered at temperatures above 1,650 °C, it is sometimes referred to as dead burnt dolomite. This method produces the highest possible bulk-specific density and hydration resistance.
Application Analysis
Over 62% of the global dolomite market is consumed by the iron and steel industry, making it the most lucrative end-use sector. The rising demand for steel in a variety of applications is projected to keep it at the forefront for the duration of the forecast period. The steelmaking converter lining, opening hearth furnace, and electric furnace wall are just a few examples of when dolomite's refractory properties come in handy.
Market participants have increased their manufacturing capabilities in response to the rising demand for refractory materials. For instance, RHI Magnesita stated in June 2018 that it would be investing 20 million Euro (USD 23.5 million) in a new and expanded dolomite site in China. The refractory business is experiencing worldwide challenges that its expansion hopes to alleviate.
The mining, refining, and shipping of dolomite, a mineral with several applications, constitutes the global dolomite market. Dolomite's primary composition is calcium magnesium carbonate, making it useful in a wide variety of industries including building materials, steelmaking, glassmaking, agriculture, and more. If you want to know where the worldwide dolomite market is at and where it's going, look no further than the data shown here. The goal of the dolomite industry is to supply the rising demand for this multipurpose mineral. Dolomite is an excellent building material because to its hardness, durability, and resistance to weathering.
It is also used as a flux in the creation of iron and steel, helping to bring about these vital metals. Dolomite's ability to condition soil is useful in agriculture since it improves crop growth and yields. The increase of the building industry, infrastructure development initiatives, and the need for more iron and steel are all factors fueling the expansion of the worldwide dolomite market. The need for construction materials is a major factor fueling the market's expansion, and rapid urbanization and population increase in emerging nations are additional contributing factors. There are, however, elements that can stunt the market's expansion. Constraints on mining and quarrying's growth can come from environmental worries, stringent restrictions, and the availability of substitute minerals. Raw material price volatility, economic uncertainty, and geopolitical events all have the potential to disrupt the market's supply and demand balance. Despite these difficulties, the international dolomite market has expansion potential.
The mining and processing industries can benefit greatly from technological developments in the areas of efficiency and reduced environmental impact. New markets and a larger client base can be created thanks to the rising popularity of eco-friendly building methods and the use of dolomite-based goods in fields like water purification and plastics. As a mineral with many practical uses, dolomite is sold on the global market to a wide range of businesses. Despite obstacles, the industry is supported by growth in sectors like building and infrastructure, iron and steel manufacturing, and agricultural requirements. The market can take advantage of developing trends by responding to obstacles, investigating potential new uses, and adopting environmentally friendly procedures.
Major Tendencies in the Market
Initiatives for Environmental Responsibility: Businesses have started paying more attention to creating environmentally friendly goods. The major companies in the market have adopted environmentally friendly mining and processing methods. Dolomite-based product uptake in renewable energy projects and green building construction was also identified as an important trend.
Technological Developments New methods for mining, processing, and making dolomite all had an impact on the industry. Improvements in operational efficiency and product quality resulted from developments in extraction technologies, automation, and quality control procedures. In dolomite processing plants, for instance, modern gear and equipment increased output while decreasing power usage.
Report Coverage
Global Dolomite research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Dolomite report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Dolomite competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Dolomite market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Dolomite market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Dolomite market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Imerys SA (France), RHI Magnesita NV (Austria), Sibelco (Belgium), Lhoist Group (Belgium), Essel Mining & Industries Ltd. (India), JFE Mineral Co., Ltd. (Japan), Carmeuse (Belgium), Nordkalk Corporation (Finland), Calcinor SA (Spain), Omya AG (Switzerland), CEMEX S.A.B. de C.V. (Mexico), KHD Humboldt Wedag International AG (Germany), Sibelco Asia Pacific Pte Ltd. (Singapore), Jindal Steel & Power Ltd. (India), Grupo Calidra (Mexico), Minerals Technologies Inc. (United States), E. Dillon & Company (United States), Maruo Calcium Co., Ltd. (Japan), Magnesita Refratários S.A. (Brazil), Sigma Minerals Ltd. (India)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Dolomite market based on the below-mentioned segments:
Global Dolomite Market, By Product
Calcined
Sintered
Agglomerated
Global Dolomite Market, By End User
Construction
Agriculture
Glass & Ceramics
Iron & Steel
Water Treatment
Others
Global Dolomite market, Regional Analysis
Product-Based Analyses
More than 39% of the global dolomite market is now held by the calcined product sector, making it the largest segment overall. Dolomite is converted into a calcined form by heating minerals like calcium carbonate and magnesium. As a primary component of refractory lining protectors and scorifiers, it plays a crucial role in the production of iron and steel. It also has uses in agriculture as a soil conditioner and in the water purification industry.
Sintered dolomite is a significant subset of the overall market. Bricks made from this material are required for the lining of LD converters due to their high refractoriness. Since raw dolomite is sintered at temperatures above 1,650 °C, it is sometimes referred to as dead burnt dolomite. This method produces the highest possible bulk-specific density and hydration resistance.
Application Analysis
Over 62% of the global dolomite market is consumed by the iron and steel industry, making it the most lucrative end-use sector. The rising demand for steel in a variety of applications is projected to keep it at the forefront for the duration of the forecast period. The steelmaking converter lining, opening hearth furnace, and electric furnace wall are just a few examples of when dolomite's refractory properties come in handy.
Market participants have increased their manufacturing capabilities in response to the rising demand for refractory materials. For instance, RHI Magnesita stated in June 2018 that it would be investing 20 million Euro (USD 23.5 million) in a new and expanded dolomite site in China. The refractory business is experiencing worldwide challenges that its expansion hopes to alleviate.
The mining, refining, and shipping of dolomite, a mineral with several applications, constitutes the global dolomite market. Dolomite's primary composition is calcium magnesium carbonate, making it useful in a wide variety of industries including building materials, steelmaking, glassmaking, agriculture, and more. If you want to know where the worldwide dolomite market is at and where it's going, look no further than the data shown here. The goal of the dolomite industry is to supply the rising demand for this multipurpose mineral. Dolomite is an excellent building material because to its hardness, durability, and resistance to weathering.
It is also used as a flux in the creation of iron and steel, helping to bring about these vital metals. Dolomite's ability to condition soil is useful in agriculture since it improves crop growth and yields. The increase of the building industry, infrastructure development initiatives, and the need for more iron and steel are all factors fueling the expansion of the worldwide dolomite market. The need for construction materials is a major factor fueling the market's expansion, and rapid urbanization and population increase in emerging nations are additional contributing factors. There are, however, elements that can stunt the market's expansion. Constraints on mining and quarrying's growth can come from environmental worries, stringent restrictions, and the availability of substitute minerals. Raw material price volatility, economic uncertainty, and geopolitical events all have the potential to disrupt the market's supply and demand balance. Despite these difficulties, the international dolomite market has expansion potential.
The mining and processing industries can benefit greatly from technological developments in the areas of efficiency and reduced environmental impact. New markets and a larger client base can be created thanks to the rising popularity of eco-friendly building methods and the use of dolomite-based goods in fields like water purification and plastics. As a mineral with many practical uses, dolomite is sold on the global market to a wide range of businesses. Despite obstacles, the industry is supported by growth in sectors like building and infrastructure, iron and steel manufacturing, and agricultural requirements. The market can take advantage of developing trends by responding to obstacles, investigating potential new uses, and adopting environmentally friendly procedures.
Major Tendencies in the Market
Initiatives for Environmental Responsibility: Businesses have started paying more attention to creating environmentally friendly goods. The major companies in the market have adopted environmentally friendly mining and processing methods. Dolomite-based product uptake in renewable energy projects and green building construction was also identified as an important trend.
Technological Developments New methods for mining, processing, and making dolomite all had an impact on the industry. Improvements in operational efficiency and product quality resulted from developments in extraction technologies, automation, and quality control procedures. In dolomite processing plants, for instance, modern gear and equipment increased output while decreasing power usage.
Report Coverage
Global Dolomite research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Dolomite report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Dolomite competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Dolomite market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Imerys SA (France), RHI Magnesita NV (Austria), Sibelco (Belgium), Lhoist Group (Belgium), Essel Mining & Industries Ltd. (India), JFE Mineral Co., Ltd. (Japan), Carmeuse (Belgium), Nordkalk Corporation (Finland), Calcinor SA (Spain), Omya AG (Switzerland), CEMEX S.A.B. de C.V. (Mexico), KHD Humboldt Wedag International AG (Germany), Sibelco Asia Pacific Pte Ltd. (Singapore), Jindal Steel & Power Ltd. (India), Grupo Calidra (Mexico), Minerals Technologies Inc. (United States), E. Dillon & Company (United States), Maruo Calcium Co., Ltd. (Japan), Magnesita Refratários S.A. (Brazil), Sigma Minerals Ltd. (India) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Dolomite Market from 2021 to 2030.
- Market Forecast for Dolomite Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Dolomite competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Dolomite
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Dolomite market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Dolomite market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Imerys SA (France), RHI Magnesita NV (Austria), Sibelco (Belgium), Lhoist Group (Belgium), Essel Mining & Industries Ltd. (India), JFE Mineral Co., Ltd. (Japan), Carmeuse (Belgium), Nordkalk Corporation (Finland), Calcinor SA (Spain), Omya AG (Switzerland), CEMEX S.A.B. de C.V. (Mexico), KHD Humboldt Wedag International AG (Germany), Sibelco Asia Pacific Pte Ltd. (Singapore), Jindal Steel & Power Ltd. (India), Grupo Calidra (Mexico), Minerals Technologies Inc. (United States), E. Dillon & Company (United States), Maruo Calcium Co., Ltd. (Japan), Magnesita Refratários S.A. (Brazil), Sigma Minerals Ltd. (India)
Primary Target Market
- Market Players of Dolomite
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Dolomite market based on the below-mentioned segments:
Global Dolomite Market, By Product
Calcined
Sintered
Agglomerated
Global Dolomite Market, By End User
Construction
Agriculture
Glass & Ceramics
Iron & Steel
Water Treatment
Others
Global Dolomite market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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