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Dolomite Powder Market Size, Share & Trends Analysis - Global opportunity analysis and industry forecast 2030

Dolomite Powder Market Size, Share & Trends Analysis - Global...

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Dolomite Powder Market Size, Share & Trends Analysis - Global opportunity analysis and industry forecast 2030
Dolomite Powder Market Size, Share...
Report Code
RO13/107/1381

Publish Date
06/Jan/2022

Pages
200
PRICE
$ 4950/-
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The global dolomite powder market size was US$ 27.3 billion in 2021. The global dolomite powder market size is forecast to grow to US$ 35.1 billion by 2030, registering a compound annual growth rate (CAGR) of 3.50% during the forecast period from 2022 to 2030.

Dolomite Powder is the limestone powder and is used as a refractory and a flux. The process is linked with the steel-making process.

COVID-19 Impact Analysis

The sudden onset of COVID-19 has hampered the industrial supply chain. To prevent the spread of disease, governments around the world have implemented stringent lockdowns and bans on import-export activities. In addition, the manufacturing of steel also halted, which impacted the trade of the dolomite powder. 

Factors Influencing the Market

  • During the forecast period, the market is forecast to benefit from the booming steel and iron industries. Dolomite is used as a slag flux that removes impurities during the steel-making process. In addition, dolomite powder is used in the refractory linings of open-hearth steel furnaces. The market will benefit greatly from the growing demand for dolomite in mini-steel plants for fettling and refractory applications. 
  • The increasing focus on steel recycling will fuel the growth of the global dolomite powder market. Moreover, a growing number of construction projects will ultimately increase the demand for steel, thereby propelling the growth of the global dolomite powder market during the study period. 
  • The market is forecast to witness potential growth due to the increasing use of dolomite powder in the residential and commercial building segment. Dolomite powder has been discovered a significant choice to improve the strength of concrete. 

Regional Analysis

During the forecast period, the Asia-Pacific dolomite powder market is forecast to hold the largest share. The region's expansion can be attributed to India's and China's vital contributions. The dolomite powder market is expanding rapidly in these countries due to the growing metal and building & construction industries. The market in Europe is forecast to register a high growth rate due to rising demand from the steel and cement industries. Moreover, its high rigidity and tensile strength are increasingly preferred in the glass and ceramics industry, which would fuel the market's expansion in the region.

Competitors in the Market

  • Sibelco
  • Minerals Technologies Inc.
  • Imerys S.A.
  • Beihai Group
  • Arihant MinChem
  • Omya Group
  • Lhoist Group
  • Carmeuse
  • Nordkalk Corporation
  • Longcliffe Quarries Ltd.
  • Other prominent players

Market Segmentation

The global dolomite powder market segmentation focuses on Type, Application, and Region. 

Global Dolomite Powder Market, By Type:

  • Calcium Dolomite
  • Magnesia Dolomite

Global Dolomite Powder Market, By Application:

  • Steel-making
  • Cement Industry
  • Agriculture
  • Glass
  • Ceramic
  • Rubber
  • Others

Global Dolomite Powder Market, By Region

  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • Western Europe
  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Western Europe
  • Eastern Europe
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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