Dolomite Powder Market Size, Share, Trends, Growth and Forecast 2030

Dolomite Powder Market

Dolomite Powder Market By Type (Magnesia Dolomite And Calcium Dolomite), By Application (Steel-Making, Rubber, Ceramic, Glasses, Agriculture, Cement Industry, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023–2030-

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6322 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 36.37 Billion USD 50.62 Billion 4.22% 2022

Description

The global dolomite powder market size was worth around USD 36.37 Billion in 2022 and is predicted to grow to around USD 50.62 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.22% between 2023 and 2030. The increasing need for high-quality raw materials across many sectors, together with the wide-ranging uses of dolomite powder, has driven the market for this product to witness significant growth in recent years. The dolomite powder market is expected to continue growing in the years leading up to 2030. Growth in construction, innovations in agriculture, and the development of new uses are all factors that are likely to keep the market growing.

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Global Dolomite Powder Market: Overview

Dolomite is a mineral that is generally found in sediments of the sedimentary rock known as dolostone. Dolomite powder is among the carbonate minerals and is made up of calcium magnesium carbonate. The powder is renowned in the market for its accurate composition, high purity, and ease of dispersion. This powder is primarily utilized as filler in ceramics, paints, detergents, and soaps. It is also used as a fettling, ramming, and refractory material in a steel melting shop.

Global Dolomite Powder Market: Growth Factors

The global dolomite powder market is growing at a rapid rate. The rise in the use of calcium dolomite in the steel industry, growing use of dolomite powder in the detergent industry, and rapidly growing construction industry demanding for dolomite powder are some of the crucial factors that are fostering the growth of the global market. Further, dolomite powder has a wide range of applications in several industries. It is used to formulate cement & aggregate materials; as a suitable source of magnesia in the chemical processing arena, it is used as a food-grade additive for livestock; in the agriculture sector dolomite acts as a suitable soil conditioner & pH controller; in the chemical arena it is also used to neutralize acid; in the field of metal processing it aids as a sintering & flux factor; and it is used for its excellent purification attributes in iron steel manufacturing arena.

In addition to this, in the healthcare arena, it is used as a calcium supplement and also as a phosphate buffering agent in the hemodialysis process. Owing to such beneficial uses of the dolomite powder, it is been extensively used by numerous industries. This in turn is spurring the growth of the global dolomite powder market. In addition to this, key players involved in the production of dolomite powder to meet the huge demand, increase in key business strategies, and presence of well-established suppliers are also some of the key features that are augmenting the growth of the global market. Furthermore, awareness regarding the beneficial uses of dolomite powder in numerous industries is likely to provide better opportunities for the growth of the global dolomite powder market during the forecast period. However, exposure to contaminated dolomite dust may lead to long-term side-effects such as neurological problems, hyperactive behavior, and many more which may restrain the growth of the global dolomite powder market.

The dolomite powder has several applications in various industries such as cement, steel making, glass industry, ceramic, etc. Most of these end-use industries were severely affected during the COVID-19 pandemic period. Strict lockdown levied by several governments to curb the spread of the infection resulted in a halt on the manufacturing process of many end-use industries. However, the market is expected to bounce back and expected to register healthy growth over the forecast period.

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Global Dolomite Powder Market: Segmentation

The global dolomite powder market is categorized based on type, application, and region.

Based on the type, the global dolomite powder market is divided into magnesia dolomite and calcium dolomite.

Based on the application, the global market is classified into steel-making, rubber, ceramic, glasses, agriculture, cement industry, and others.

Dolomite Powder Market: Report Scope

Report Attributes Report Details
Report Name Dolomite Powder Market Research Report
Market Size in 2022 USD 36.37 Billion
Market Forecast in 2030 USD 50.62 Billion
Growth Rate CAGR of 4.22%
Number of Pages 214
Key Companies Covered Carmeuse Coordination Center SA, Imerys Group, Lhoist Group, SCR-Sibelco NV, Shanghai Hy-Sailing Chemical Tech. Co. Ltd., Nordkalk Corporation, Minerals Technologies Inc., Haicheng Qiahe Talc Powder Factory, Beihai Group, and Arihant MinChem among others.
Segments Covered By Type, By Application, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Dolomite Powder Market: Regional Analysis

Asia Pacific is expected to remain a large revenue contributor in the global dolomite powder market. The region offers several growth factors for the development of the dolomite powder market. Some of the major factors such as the presence of large end-use industries in emerging countries and rapidly developing countries such as India & China with large glass, cement, and steel making industry are boosting the growth of the market in this region. North America is expected to offer better growth opportunities to the dolomite powder market. Europe is also anticipated to contribute significant revenue in the global Dolomite powder market over the forecast period.

Global Dolomite Powder Market: Competitive Players

  • Carmeuse Coordination Center SA
  • Imerys Group
  • Lhoist Group
  • SCR-Sibelco NV
  • Shanghai Hy-Sailing Chemical Tech. Co. Ltd.
  • Nordkalk Corporation
  • Minerals Technologies Inc.
  • Haicheng Qiahe Talc Powder Factory
  • Beihai Group
  • Arihant MinChem
  • Others

Global Dolomite Powder Market: Segment Analysis

By Type

  • Magnesia Dolomite
  • Calcium Dolomite

By Application

  • Steel-Making
  • Rubber
  • Ceramic
  • Glasses
  • Agriculture
  • Cement Industry
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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FrequentlyAsked Questions

Dolomite is a mineral that is generally found in sediments of the sedimentary rock known as dolostone. Dolomite powder is among the carbonate minerals and is made up of calcium magnesium carbonate.

The dolomite powder market accounted for USD 36.37 Billion in 2022 and is expected to reach USD 50.62 Billion by 2030.

The CAGR value of the dolomite powder market is expected to be around 4.22% during 2023-2030.

Asia Pacific is expected to remain a large revenue contributor in the global dolomite powder market. The region offers several growth factors for the development of the dolomite powder market.

Some key players of the global dolomite powder market are Carmeuse Coordination Center SA, Imerys Group, Lhoist Group, SCR-Sibelco NV, Shanghai Hy-Sailing Chemical Tech. Co. Ltd., Nordkalk Corporation, Minerals Technologies Inc., Haicheng Qiahe Talc Powder Factory, Beihai Group, and Arihant MinChem among others.

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