New York, Global Dolomite Mining Market was valued at US$ 1.8 billion in 2021 and it is anticipated to grow up to US$ 2.7 billion by 2031, at a CAGR of 4.1% during the forecast period.
The global dolomite mining market report from Global Insight Services is the single authoritative source of intelligence on Dolomite Mining Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Dolomite is an anhydrous and transparent carbonate mineral rich in magnesium and calcium. It also includes some levels of iron. Also, dolomite rock (also known as dolostone) is crushed and sized before it is used as an aggregate for the construction and maintenance of roads.
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Market Drivers and Trends
A surge in the construction industry is acting as one of the major factors significantly influencing the application of dolomite in producing cement, paints, steel, varnishes, and flooring tiles. It is also used to suppress coal mining dust and manufacture pipes, rubbers, boiler coverings, papers, potteries, leathers, and high-magnesium limes. Moreover, the growing consumption of agricultural products and increasing concerns about food security promote dolomite application as a soil conditioner to neutralize acidity. Due to the rising environmental concerns, several governments are introducing stringent regulations that mandate water recycling in the industrial sector, which, in turn, is contributing to market growth. As dolomite is also used to optimize the pH of distilled water, filtrate potable water, reverse osmosis water, and add natural minerals to the purified, dolomite mining is anticipated to rise in the coming years.
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Global Dolomite Mining Market Segmental Overview
The report analyses the global dolomite mining market based on mineral type, application, and region.
Global Dolomite Mining Market by Mineral Type
Based on mineral type, it is bifurcated into calcined dolomite and sintered dolomite. The calcined dolomite segment is expected to be the largest segment in the dolomite mining market in 2021 is due to increased demand for calcined dolomite from construction industry. Calcined Dolomite is used in the iron and steel industry, specifically in refractory lining protectors, in agriculture as a soil conditioner and in the environmental sector in water treatment. Due to these factors mentioned above, the calcined dolomite segment is expected to hold a major market share in 2021.
Global Dolomite Mining Market by Application
Based on application, it is segmented into construction, agriculture, animal feed, ceramics and glass, iron and steel, and others. The construction segment is expected to be the largest segment in the dolomite mining market in 2021. This is due to increased demand for construction products such as cement and putty. Further, dolomite is used as a filler in concrete and asphalt mix in the form of crushed stone in construction aggregate to construct roads, parking lots, highways, sidewalks, pavements, residential streets, and airport runways. Thus, the construction segment will likely hold a major market share in 2021.
Geographical Analysis of Global Dolomite Mining Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific market is expected to hold the majority of the market share in 2021 due to increasing road construction activities in the region. Rapid industrialization in the region has caused an upsurge in investments in transport infrastructure, which is likely to spur market growth. This, in turn, boosts the demand for dolomite mining in the Asia Pacific region.
Major Players in the Global Dolomite Mining Market
The key players studied in the global dolomite mining market are Arihant Min Chem (India), Calcinor (Spain), E. Dillon & Company (US), Essel Mining & Industries Limited (India), Imerys S.A. (France), JFE MINERAL & Alloy Co., LTD (Japan), Lhoist Group (Belgium), Nittetsu Mining Co.,Ltd. (Japan), Nordkalk Corporation (Finland), and Omya AG (Switzerland).
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