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Dolomite Market Size to Reach $28.56 Bn by 2028 | The Insight … – InvestorsObserver

Dolomite Market Size to Reach $28.56 Bn by 2028 | The Insight Partners

Dolomite Market Size is expected to grow at a CAGR of 3.7% from 2021 to 2028

Pune, India, Nov. 09, 2023 (GLOBE NEWSWIRE) — According to our new research study on “ Dolomite Market to 2028 – Global Analysis and Forecast – by End-Use Industry, and Geography,” the market is projected to grow from $ 21.73 Billion in 2020 to $ 28.56 Billion by 2028; it is expected to grow at a CAGR of 3.7% during 2021–2028.

Get Sample PDF: https://www.theinsightpartners.com/sample/TIPRE00014611/

Dolomite Market Analysis: Competitive Landscape and Key Developments

Calcinor, JFE GROUP, LHOIST GROUP, Sibelco, and RHI Magnesita GmbH are a few of the companies amongst the major players operating in the dolomite mining market. These market players are highly focused on developing high-quality and innovative products to fulfill the customer’s requirements. For instance, in 2020, CALCINOR announced the investment in the continuity and sustainability of the companies in the group.

Dolomite Market Report Scope, Segmentations, Regional & Country Scope:

Report Coverage Details
Market Size Value in US$ 21.73 Billion in 2020
Market Size Value by US$ 28.56 Billion by 2028
Growth rate CAGR of 3.7% from 2021-2028
Forecast Period 2021-2028
Base Year 2021
No. of Pages 126
No. of Tables 29
No. of Charts & Figures 62
Historical data available Yes
Segments covered End-Use Industry
Regional scope North America; Europe; Asia Pacific; Latin America; MEA
Country scope US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Dolomite is an anhydrous and translucent carbonate mineral that is rich in calcium and magnesium. It is widely used refractories, and as an aggregate in construction industry especially for road infrastructure
Dolomite also finds application in various end-use industries, such as iron and steel, ceramics and glass, agriculture, and many other industries. With the growth of these industries, the demand for dolomite is expected to increase during the forecast period. The dolomite market is segmented by end-use industry, and geography.

Wide Range of Dolomite Applications and Lucrative Opportunities In Untapped Market Segments And Countries

Dolomite has a wide scope of applications in end-user industries such as construction, iron and steel, ferroalloys, ceramics and glass, agriculture, and animal feed. Its preference and adoption in industries depends on the grade of the rock. Dolomite is a commonly used substance in the construction industry because of its hardness and density. It is used in the manufacturing of bricks, cement, concrete, paving materials, etc. In the iron and steel industry, dolomite is used in three forms—raw dolomite, calcined dolomite, and sintered dolomite. In the iron and steel industry, it is mainly used as a fluxing material for the protection of refractory lining, and as a refractory raw material. Raw dolomite or calcined dolomite is used as a fluxing material.

The developing countries offer a huge potential for dolomite manufactures, with the rise investments and government support for infrastructure development. Brazil is the second-largest producer of ceramic tiles, as per the National Association of the Ceramic Industry. Brazil is also the second-largest consumer market in the world. Moreover, the construction sector is a core component of the Vision 2030 program of Saudi Arabia’s economy. The growth of these industries provides potential opportunities for the growth of the dolomite mining market in the coming years

Dolomite Market: Segmental Overview

Dolomite is generally used as soil fertilizer and enhances the soil structure. It is primarily used in the agriculture sector to enhance the pH level of acidic soil and provide excellent nourishment to plants. Dolomite is usually added to growing medium in order to increase pH to the range of 5.5-6.5 and to provide plants with magnesium and calcium required for healthy growth of plants. Besides, dolomite gradually dissolves in the growing medium over time, assisting to neutralize the acidifying effects some fertilizers. Also, dolomite is beneficial as a soil conditioner owing to its high alkaline character and it improves CH4 uptake in acidic soils. Utilizing finely-ground dolomite, in order to alter the soil from acidic to almost neutral benefits crops by improving availability of plant nutrients, lessening manganese or aluminum toxicity. Thus, the growing use of dolomite for improving the soil structure and healthy growth of plants is anticipated to drive the agriculture segment growth during the forecast period.

Buy Premium Copy of Dolomite Market Growth Report (2021-2028) at: https://www.theinsightpartners.com/buy/TIPRE00014611/

Impact of COVID-19 Pandemic on Dolomite Market

The ongoing pandemic has drastically altered the status of the chemical and materials sector and negatively impacted the growth of the dolomite mining market. The implementation of measures to combat the spread of the virus has aggravated the situation and has impacted the growth of several industrial sectors. Industries such as construction, iron and steel, etc. have been impacted by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden closure of national and international boundaries. The significant decline in the growth of the several industrial sectors significantly impacted the demand for dolomite in the global market. Many mining companies have been hit hard by the lockdown to slow the spread of the coronavirus. The shutdown of mining operations has created a negative impact on annual production. The long- term effects of COVID-19 pandemic on mining industry will depend upon how long lockdown periods will go on and how quickly the market will recover. However, as the economies are planning to revive their operations, the demand for dolomite is expected to rise globally. Players are focusing on both supplies and manpower are available to achieve full operational levels and continue to increase their productivity. The expanding demand for dolomite in various industries such as construction, iron and steel, ceramics and glass along with significant investments by prominent manufacturers is expected to drive the growth for dolomite mining.

Go through further research published by The Insight Partners: (Purchase with 10% Instant Discount):

Dolomite Powder Market Size and Forecasts (2020 – 2030)

Steel Market Size and Forecasts (2020 – 2030)

Iron Powder Market Size and Forecasts (2020 – 2030)

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Ankit Mathur
Sr. Vice President – Research
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release- https://www.theinsightpartner.com/pr/dolomite-market

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Pune, India, Nov. 09, 2023 (GLOBE NEWSWIRE) — According to our new research study on “ Dolomite Market to 2028 – Global Analysis and Forecast – by End-Use Industry, and Geography,” the market is projected to grow from $ 21.73 Billion in 2020 to $ 28.56 Billion by 2028; it is expected to grow at a CAGR of 3.7% during 2021–2028.

Get Sample PDF: https://www.theinsightpartners.com/sample/TIPRE00014611/

Dolomite Market Analysis: Competitive Landscape and Key Developments
Calcinor, JFE GROUP, LHOIST GROUP, Sibelco, and RHI Magnesita GmbH are a few of the companies amongst the major players operating in the dolomite mining market. These market players are highly focused on developing high-quality and innovative products to fulfill the customer’s requirements. For instance, in 2020, CALCINOR announced the investment in the continuity and sustainability of the companies in the group.

Dolomite Market Report Scope, Segmentations, Regional & Country Scope:

Dolomite is an anhydrous and translucent carbonate mineral that is rich in calcium and magnesium. It is widely used refractories, and as an aggregate in construction industry especially for road infrastructure
Dolomite also finds application in various end-use industries, such as iron and steel, ceramics and glass, agriculture, and many other industries. With the growth of these industries, the demand for dolomite is expected to increase during the forecast period. The dolomite market is segmented by end-use industry, and geography.

Wide Range of Dolomite Applications and Lucrative Opportunities In Untapped Market Segments And Countries
Dolomite has a wide scope of applications in end-user industries such as construction, iron and steel, ferroalloys, ceramics and glass, agriculture, and animal feed. Its preference and adoption in industries depends on the grade of the rock. Dolomite is a commonly used substance in the construction industry because of its hardness and density. It is used in the manufacturing of bricks, cement, concrete, paving materials, etc. In the iron and steel industry, dolomite is used in three forms—raw dolomite, calcined dolomite, and sintered dolomite. In the iron and steel industry, it is mainly used as a fluxing material for the protection of refractory lining, and as a refractory raw material. Raw dolomite or calcined dolomite is used as a fluxing material.
The developing countries offer a huge potential for dolomite manufactures, with the rise investments and government support for infrastructure development. Brazil is the second-largest producer of ceramic tiles, as per the National Association of the Ceramic Industry. Brazil is also the second-largest consumer market in the world. Moreover, the construction sector is a core component of the Vision 2030 program of Saudi Arabia’s economy. The growth of these industries provides potential opportunities for the growth of the dolomite mining market in the coming years

Dolomite Market: Segmental Overview
Dolomite is generally used as soil fertilizer and enhances the soil structure. It is primarily used in the agriculture sector to enhance the pH level of acidic soil and provide excellent nourishment to plants. Dolomite is usually added to growing medium in order to increase pH to the range of 5.5-6.5 and to provide plants with magnesium and calcium required for healthy growth of plants. Besides, dolomite gradually dissolves in the growing medium over time, assisting to neutralize the acidifying effects some fertilizers. Also, dolomite is beneficial as a soil conditioner owing to its high alkaline character and it improves CH4 uptake in acidic soils. Utilizing finely-ground dolomite, in order to alter the soil from acidic to almost neutral benefits crops by improving availability of plant nutrients, lessening manganese or aluminum toxicity. Thus, the growing use of dolomite for improving the soil structure and healthy growth of plants is anticipated to drive the agriculture segment growth during the forecast period.

Buy Premium Copy of Dolomite Market Growth Report (2021-2028) at: https://www.theinsightpartners.com/buy/TIPRE00014611/

Impact of COVID-19 Pandemic on Dolomite Market
The ongoing pandemic has drastically altered the status of the chemical and materials sector and negatively impacted the growth of the dolomite mining market. The implementation of measures to combat the spread of the virus has aggravated the situation and has impacted the growth of several industrial sectors. Industries such as construction, iron and steel, etc. have been impacted by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden closure of national and international boundaries. The significant decline in the growth of the several industrial sectors significantly impacted the demand for dolomite in the global market. Many mining companies have been hit hard by the lockdown to slow the spread of the coronavirus. The shutdown of mining operations has created a negative impact on annual production. The long- term effects of COVID-19 pandemic on mining industry will depend upon how long lockdown periods will go on and how quickly the market will recover. However, as the economies are planning to revive their operations, the demand for dolomite is expected to rise globally. Players are focusing on both supplies and manpower are available to achieve full operational levels and continue to increase their productivity. The expanding demand for dolomite in various industries such as construction, iron and steel, ceramics and glass along with significant investments by prominent manufacturers is expected to drive the growth for dolomite mining.

Go through further research published by The Insight Partners: (Purchase with 10% Instant Discount):
Dolomite Powder Market Size and Forecasts (2020 – 2030)
Steel Market Size and Forecasts (2020 – 2030)
Iron Powder Market Size and Forecasts (2020 – 2030)

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
Sr. Vice President – Research
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release- https://www.theinsightpartner.com/pr/dolomite-market
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