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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Dolomite Powder Market Outlook
The global dolomite powder market is expected to be aided by the growth of the overall dolomite industry, which is estimated to grow at a CAGR of more than 3% in the forecast period of 2024-2032.
Dolomite powder is widely utilised as a refractory, fettling, and ramming material in steel melting facilities, and as a fluxing substance in blast furnace. The other applications of the product include its use in the glass industry, particularly in the production of sheet-glass. In some regions, it is also used in the production of magnesite.
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Rising Steel Demand Propelling the Global Dolomite Market Forward
Steel making represents one of the significant applications of dolomite powder. The growing demand for steel from several end use sectors, including automotive and construction, is, in turn, driving the demand for dolomite. The product is also witnessing an increased demand from cement and concrete manufacturing facilities due to its high surface hardness and density ratio.
North America and Asia Pacific Dolomite Powder Markets to Witness a Healthy Growth
Region-wise, North America and the Asia Pacific are expected to witness a healthy growth rate over the forecast period. Within North America, the United States is expected to be one of the major steel consuming regions, thus aiding the dolomite powder industry. The growing urbanisation and industrialisation in emerging nations of the Asia Pacific, particularly India and China, will provide enhanced growth opportunities to the industry. In India, dolomite consumption stood at a value of around 8204.1KMT during 2018-2020.
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Dolomite Powder: Market Segmentation
Dolomite powder refers to the limestone powder containing CaCO3 and MgCO3. In general, mineral dolomite is an anhydrous carbonate substance made up of calcium magnesium carbonate, that is, CaMg(CO3)2. It has high natural whiteness, and it is known for its ease of dispersion. It finds wide range of applications as it enhances weatherability, reduces shrinkage, fissure development rate, and water absorption.
On the basis of application, the market is divided into:
- Agriculture
- Cement
- Glass and Ceramic
- Paint and Coating
- Rubber
- Steel
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Infrastructure Industry and Technological Advancements to Aid the Dolomite Powder Industry Growth
The major factors aiding the growth of the industry include the growing demand for steel, rapid industrialisation and urbanisation, growing infrastructure and construction activities, increasing product demand for agricultural applications, and growing consumer demand for refractive ceramic glazes for domestic purposes.
Owing to technological advancements, the product is witnessing an increased demand in a wide range of applications. This is expected to have a positive effect on the expansion of the global dolomite powder market over the forecast period.
Key Industry Players in the Global Dolomite Powder Market
The report gives a detailed analysis of the following key players in the global dolomite powder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- SCR-Sibelco NV
- Lhoist Group
- Imerys Group
- Carmeuse Coordination Center SA
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report provides the regional price analysis of dolomite powder. The global trade data analysis has also been provided in the report, covering the value and volume of the leading importing and exporting countries.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market growth is expected to be supported by the global dolomite industry growth, which is projected to grow at a CAGR of 3% between 2024 and 2032.
The major market drivers include the rising demand for dolomite powder from the steel sector, surging construction activities, and increasing investments in infrastructural development projects.
The key trends guiding the market growth include technological advancements, the surging demand for dolomite powder in agricultural applications, the rising use of dolomite powder in the glass sector, and the growing demand for dolomite powder from concrete and cement manufacturing facilities.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of the product include agriculture, cement, glass and ceramic, paint and coating, rubber, and steel, among others.
The major players in the market are SCR-Sibelco NV, Lhoist Group, Imerys Group, and Carmeuse Coordination Center SA, among others.
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