Dolomite Mining Market Size, Share & Industry Analysis, By Mineral Type (Raw Dolomite, Calcined Dolomite, Sintered Dolomite ), By Application (Construction, Agriculture, Animal Feed, Ceramics & Glass, Steel, Plastics, Paints & Coatings, Paper) And Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
Dolomite is a sedimentary carbonate rock that comprises the mineral dolomite or calcium magnesium carbonate. This mineral is widely used in various industries for different processes and crucial for the functioning of industries today. Dolomite is extracted by mining, and its indispensable nature has led to an increase in dolomite mining all over the world.
Based on the mineral type, the market is classified into raw dolomite, calcined dolomite, and sintered dolomite. The sintered dolomite segment accounted for the major share of the market, and it is anticipated that it will maintain its attractiveness during the forecast period due to its wide use as a raw material for various steel process industries.
Based on the application, the global market is classified into construction, agriculture, animal feed, ceramics and glass, steel, plastics, paints and coatings, paper, and others. The construction segment accounted for the major share in the market. Dolomite is used as a filler in concrete and asphalt mix in the form of crushed stone in construction aggregate to construct roads, highways, pavements, sidewalks, parking lots, residential streets, curbs, and airport runways.
The high surface hardness and density of dolomite have found their use in the construction sector for constructing roadways, airport runways, highways, pavements, etc. Dolomite, when used as a filler for the concrete-asphalt mixture, enhances the quality of roads and their durability. The rise in urbanization all over the world has led to a surge in the construction of roadways. This factor is likely to drive the global dolomite mining market during the forecast period.
The key market restraint for the market is the supply chain disruptions caused by the government hindrance and rules and regulations. Also, the negative impact of mining on the environment has been cited as a concern by climate activists and is affecting the growth of the market.
Key Market Driver -
Rise in consumption of dolomite for construction
Key Market Restraint -
Supply chain disruptions caused by government hinderance
Key Players Covered:
Some of the major companies in the dolomite mining market are RHI Magnesita, Imerys, Calcinor, Lhoist, Carmeuse, Sibelco Group, Omya, ESSEL MINING & INDUSTRIES LTD., Infrasors Holding Limited, Arrium Mining, CHINA BEIHAI GROUP COMPANY, E. Dillon & Co, and JFE Mineral Co. Ltd.
Regional Analysis:
The global dolomite mining market is studied across different regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the major share of the global market, as most of the dolomite mines are situated in the region, with a majority in the U.S. The North American market is also increasing due to the growing consumption of dolomite in the construction sector in the U.S. and Canada. Asia-Pacific is the fastest-growing region for the global dolomite mining market, owing to the rising road constructions due to urbanization in developing nations such as India. Europe is a steadily growing market due to the rising roadway constructions in nations like Turkey. The Latin America region is a steadily growing market, dominated by countries like Argentina due to the availability of dolomite mines coupled with the growing demand.
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Segmentation
ATTRIBUTES | DETAILS |
By Mineral Type |
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By Application |
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By Geography |
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Key Industry Developments
- In January, 2020, RHI Magnesita stated that it would expect a growth in the Indian market and indulged in several above-average level of investments in the refractory equipment and services sector.
- On February 05, 2020, RHI Magnesita acquired a US-based refractory company, Missouri Refractories Inc. (MORCO), to expand its operations in various sectors in the region.
- Ongoing
- 2023
- 2019-2022
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