According to the latest report by IMARC Group “Dolomite Mining Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global dolomite mining market is expected to exhibit a CAGR of 4.17% during 2022-2027.
Dolomite, which contains small amounts of iron and manganese, is a mineral that plays a significant role in various industry verticals. It is commonly used in the construction sector to produce building stones, while in the steel industry, it is used as a substitute for magnesite refractories in furnace linings. It is also used in fertilizers as a filler as it enhances crop yields. As a result, dolomite mining is rapidly gaining traction across the globe to meet the rising need for this mineral across numerous industries.
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Market Trends:
The global dolomite mining market is primarily driven by rising product utilization in various industries, such as construction, steel, agriculture, and water treatment. Moreover, there is an increase in the use of dolomite in manufacturing cement, steel, paints, varnishes, and flooring tiles. In line with this, the rising dolomite applications in the construction sector are positively influencing market growth. Additionally, the surging adoption of dolomite as a soil conditioner to neutralize acidity and improve soil productivity due to rising concerns regarding food security has catalyzed market growth. Furthermore, the implementation of strict government regulations mandating water recycling in the industrial sector owing to increasing environmental consciousness is contributing to market growth. Other factors, including rising investments in infrastructure development, rapid industrialization, and technological advancements, are also anticipated to drive the market further.
Breakup by Type:
- Calcined
- Sintered
Breakup by Application:
- Construction
- Agriculture
- Animal Feed
- Ceramics and Glass
- Iron and Steel
- Plastic
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Calcinor, Carmeuse
- E. Dillon & Company
- Essel Mining & Industries Limited (Aditya Birla Group)
- Imerys, JFE Mineral Co. Ltd. (JFE Steel)
- Lhoist
- Omya AG
- RHI Magnesita GmbH
- Sibelco.
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