Global Dolomite Powder Market Overview
Dolomite Powder Market accounted for USD 25.3 Billion in 2019 and is estimated to be USD 36.1 Billion by 2029 and is anticipated to register a CAGR of 3.70%.
Dolomite Powder is the limestone powder. Dolomite may be a present double carbonate consisting of a structural arrangement of calcium carbonate CaCO3 and magnesium carbonate MgCO3.The nodular particle shape of dolomite crystals is analogous to marble ones. Therefore, dolomite is usually present alongside marble. Its sedimentary origin had been subjected to high and temperature (metamorphosis) during movements within the crust. Dolomite is an important mineral which is using in many industries. The principal uses of commercial dolomite, firstly as a refractory and later as a flux, are linked with steel-making since the latter a part of the 19th century.
Global Dolomite Powder Market Drivers & Restraints
Increasing demand from steel industry
The surging steel and iron industry is predicted to spur business opportunities for the market during the forecast period. Dolomite is employed as a slag flux within the production of steel to get rid of impurities. Dolomite powder is additionally utilized in refractory linings of open-hearth steel furnaces. The increasing demand for dolomite in mini-steel plants for fettling and refractory applications will have an excellent effect on the market. The rising production and consumption of steel are expected to enable speedy expansion of the market.
As per the world Steel Association, 98% of the raw materials used to make crude steel are converted to products and by-products. The steel industry’s goal is zero waste. The rising emphasis on steel recycling is probably going to get sales openings for the market. Nonetheless, the increasing construction projects will simultaneously increase the demand for steel, which, in turn, will bode well for the market.
Increasing application of dolomite powder in residential and commercial construction
The increased application of dolomite powder in other applications such as residential and commercial construction also drives the market growth. For Instance, replacement of cement with dolomite powder is found to improve the strength of concrete. The optimal replacement percentage of cement with dolomite powder is found to be 10% and at this replacement level, the maximum increase in the 28th day compression and flexural strength were found to be 10.4% and 17.8% respectively. However, the availability of dolomite powder for the end consumer is the major challenge, which restricts the growth of the dolomite powder market. The increasing efforts in trade activities are expected to bolster well the demand for dolomite powder in the years to come.
Global Dolomite Powder Market Segmentations & Regional Insights
The dolomite powder market is segmented based on type, application, and region.
On the basis of type, the dolomite powder market is segmented into calcium dolomite, and magnesia dolomite. Based on application, the target market is segmented into steel-making, cement industry, agriculture, glass, ceramic, rubber, and others.
Regional Insights:
On region the dolomite powder market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia- Pacific accounted for the highest market share of the global dolomite powder market over the forecast period. The growth in the region is attributed to the growing metal and building & construction industry in India and China. The growing application of cement and steel is expected to create demand for the market. Whereas, the market in Europe is predicted to witness a significant growth rate owing to the increasing demand from the steel & iron and cement industry. The growing utilization of dolomite in glass and ceramics owing to its high rigidity and tensile strength will bolster the healthy growth of the market in the region.
Dolomite Powder Market Report Scope:
Attribute |
Details |
Base year for estimation |
2019 |
Forecast period |
2020 – 2029 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2029 |
Market Segmentation |
By Type: Calcium Dolomite, and Magnesia Dolomite By Application: Steel-making, Cement Industry, Agriculture, Glass, Ceramic, Rubber, and Others |
Delivery Mode Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
sReport coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2029. For the purpose of this study, has segmented the global dolomite powder market report based on type, application, and region.
Dolomite Powder Market, By Type:
- Calcium Dolomite
- Magnesia Dolomite
Dolomite Powder Market, By Application:
- Steel-making
- Cement Industry
- Agriculture
- Glass
- Ceramic
- Rubber
- Others
Dolomite Powder Market, By Region:
- North America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- U.S.
- Canada
- Middle East & Africa
Global Dolomite Powder Market Competitive Landscape & Key Players
The key players operating in the dolomite powder market includes Sibelco, Minerals Technologies Inc., Imerys S.A., Beihai Group, Arihant MinChem, Omya Group, Lhoist Group, Carmeuse, Nordkalk Corporation, and Longcliffe Quarries Ltd. The market is especially characterized by collaborations and partnerships between the businesses and acquisitions of smaller players as a part of strategic expansion as well as launching their new product specimen. For instance, In February 2018, Imerys acquired the calcium carbonates and dolomite business of Vimal Microns Ltd., a key supplier of calcium carbonates in India. This new development will consolidate the presence of Imerys in India.
Global Dolomite Powder Market Company Profile
- Sibelco
- Minerals Technologies Inc.
- Imerys S.A.
- Beihai Group
- Arihant MinChem
- Omya Group
- Lhoist Group
- Carmeuse
- Nordkalk Corporation
- Longcliffe Quarries Ltd.
Global Dolomite Powder Market Highlights
FAQs
The Dolomite Powder Market report segments the market been segmented on the basis of type, application, and region.
The major factors aiding the growth of the industry include the growing demand for steel, rapid industrialization and urbanization, growing infrastructure and construction activities, increasing product demand for agricultural applications, and growing consumer demand for refractive ceramic glazes for domestic purposes.
Asia- Pacific accounted for the highest market share of the global dolomite powder market over the forecast period
The leading players operating in the Dolomite Powder Market include Sibelco, Minerals Technologies Inc., Imerys S.A., Beihai Group, Arihant MinChem, Omya Group, Lhoist Group, Carmeuse, Nordkalk Corporation, and Longcliffe Quarries Ltd.