Dolomite Market To Surpass US $ 5.28 Billion By 2031 As Application In Cement Industry Grows 4.4% CAGR: Future Market Insights

– Latest Future Market Insights (IMF) Study Provides In-Depth Insight On Factors That Drive Sales in the world dolomite Marlet. He also uncovers factors affecting the demand for dolomite in various segments in terms of material type and end use. IMF Dolomite Industry analysis aims to offer insight into the winning strategies adopted by the major market players through to 2031.

DUBAI, United Arab Emirates, November 17, 2021 / PRNewswire / – According to IMF, the global dolomite market should exceed 3.41 billion US dollars in 2021. Increasing applications in the glass and ceramics, pharmaceuticals, mining and metallurgy industries are propelling the demand for dolomite.

Sales of dolomite will accelerate in the cement industry. Extensive use of dolomite in manufacturing high strength concrete due to its higher surface hardness, density and good weather resistance will drive market growth throughout the evaluation period .

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The government is pushing for infrastructure expansion in countries such as China, the United States and India should create lucrative dolomite sales opportunities. Driven by this, the dolomite market is expected to reach US $ 5.28 billion by 2031, with a CAGR of 4.4% over the forecast period 2021 to 2031.

There are increasing applications of dolomite in the chemical industry to neutralize the acidity and pH of chemicals. In the agricultural sector, it is used as a fertilizer, in particular for the cultivation of fruits and vegetables with a higher quantity of seeds to meet their calcium and magnesium needs.

It is believed that the government’s growing focus on increasing agricultural production is boosting sales of dolomite. Due to its application to various end applications, the dolomite market is expected to register an annual growth of 4.4% in 2021.

Depending on the material type, the calcined dolomite segment is expected to register 4% year-over-year growth in 2021. Growing applications in scorifiers and refractory lining protectors in the steel industry are the driving factor. facilitates the growth of the segment.

“Dolomite helps reduce carbon emissions in the production of cement. This attribute encourages many cement manufacturers to switch from using limestone to dolomite in order to meet their sustainability goals. This should promote market growth ” says an IMF analyst.

Key points to remember from Dolomites Market research

  • The United States is estimated to be emerging as the highest paying market in the world. North America, creating an absolute additional opportunity to US $ 650.7 million by 2021.
  • China is expected to account for 71.7% of the largest share of income in East Asia, projecting sales at 4.8% CAGR during the evaluation period.
  • South Korea and Japan are expected to collectively represent approximately 28.3% of total sales in the East Asia dolomite market until 2031.
  • India is expected to register rapid growth of South Asia & Pacific, up 3.9% year-on-year in 2021.
  • In terms of end use, the mining and metallurgy segment is expected to account for a significant share of the market, with a CAGR of 4.4% between 2020 and 2021.

To learn more about this report overview, see a [email protected] https://www.futuremarketinsights.com/reports/dolomite-market

Key factors

  • Increased production of glass and ceramics and growing demand for water and sludge treatment due to water stress in GCC countries, China, and India is expected to boost sales of dolomite.
  • The increasing use of dolomite as a substitute for magnesium and calcium salts to improve the mineral content of purified water and bottled mineral water drinks is driving the market.

Key restrictions

  • Adverse effects associated with the consumption of dolomite, such as stomach irritation, diarrhea, vomiting, and headache, limit sales in the pharmaceutical and healthcare segment.
  • The high risk of lead contamination of fruits and vegetables due to the constant use of dolomite-based fertilizers is expected to limit demand in the agrochemical segment.

Competitive landscape

According to IMF, the major players in the global dolomite market are estimated to represent approximately 60-65% of the overall revenue share in 2021.

The major market players are focused on adopting organic and inorganic strategies such as expanding production capacity, mergers, acquisitions, partnerships and collaborations to strengthen their market footprint. For example,

  • In June 2021, RHI-Magnesita, a leading supplier of refractory products, systems and services, announced the installation of a new two-stage crushing system at its site in York, Pennsylvania. This will help the company to increase the extraction of dolomite for the production of refractory materials.
  • In march 2020, RHI Magnesita announced the acquisition of TurkeyKümaş Manyezit Sanayi A.Ş, a new dolomite mining and processing company based The acquisition will help the company to expand the production of dolomite.

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Some The main market players presented by IMF are:

  • Imerys
  • Sibelco
  • RHI-Magnesita
  • Calcinor SA
  • Omya AG
  • JFE Minerals Co,
  • Essel Mining & Industries Limited
  • Lhoist
  • carmeuse
  • Vardar Dolomites

More valuable Insights on Dolomite Marlet

IMF, in its new report, provides an in-depth analysis of the global dolomite market, analyzing forecast statistics over the next 10 years. The survey reveals sales projections for the dolomite market with detailed segmentation:

By type of material:

  • Calcined dolomite
  • Agglomerated Dolomite
  • Sintered Dolomite

By end use:

  • Cement
  • Agrochemicals
  • Mines and metallurgy
  • Pharma & Health
  • Glass & Ceramics
  • Water and sludge treatment
  • Animal feed

By region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

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Key questions addressed in the report

  • The report provides an overview of the demand outlook of the dolomite market for the forecast period 2021-2031
  • The market research also highlights the expected sales growth for the Dolomite market between 2021 and 2031.
  • The Dolomite market study identifies key growth drivers, restraints, and other forces impacting dominant trends and evaluating the current market size and forecast and technological advancements within the industry.
  • Analysis of dolomite market share, covering key companies in the sector and coverage of strategies such as mergers and acquisitions, joint ventures, collaborations or partnerships, etc.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of business information and advisory services, serving clients in more than 150 countries. IMF is headquartered in Dubai, and has delivery centers in UK, US and India. IMF’s latest market research and sector analysis reports help companies meet challenges and make critical decisions with confidence and clarity amid fierce competition. Our personalized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of analysts led by FMI experts continually monitors emerging trends and events across a wide range of industries to ensure our clients are preparing for the changing needs of their consumers.

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