Press release
Dolomite Mining Market is projected to expand at a steady CAGR over the forecast by 2031 | Arihant Min Chem (India), Calcinor (Spain), E. Dillon & Company (US), Essel Mining & Industries Limited (India)
The global dolomite mining market was valued at US$ 1.8 billion in 2021 and it is anticipated to grow up to US$ 2.7 billion by 2031, at a CAGR of 4.1% during the forecast period.New York, Global Dolomite Mining Market report from Global Insight Services is the single authoritative source of intelligence on Dolomite Mining Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Dolomite is an anhydrous and transparent carbonate mineral rich in magnesium and calcium. It also includes some levels of iron. Also, dolomite rock (also known as dolostone) is crushed and sized before it is used as an aggregate for the construction and maintenance of roads. Dolomite mining is a non-metallic mineral used to create ceramics, glass, composites, and refractory materials. It is also utilized in environment preservation, chemical manufacturing, and energy conservation. The dolomite mineral finds its application in mining, manufacturing, and refining.
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Market Drivers and Trends
A surge in the construction industry is acting as one of the major factors significantly influencing the application of dolomite in producing cement, paints, steel, varnishes, and flooring tiles. It is also used to suppress coal mining dust and manufacture pipes, rubbers, boiler coverings, papers, potteries, leathers, and high-magnesium limes. Moreover, the growing consumption of agricultural products and increasing concerns about food security promote dolomite application as a soil conditioner to neutralize acidity. Due to the rising environmental concerns, several governments are introducing stringent regulations that mandate water recycling in the industrial sector, which, in turn, is contributing to market growth. As dolomite is also used to optimize the pH of distilled water, filtrate potable water, reverse osmosis water, and add natural minerals to the purified, dolomite mining is anticipated to rise in the coming years.
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Global Dolomite Mining Market Segmentation
By Mineral Type
Calcined Dolomite
Sintered Dolomite
By Application
Construction
Agriculture
Animal Feed
Ceramics and Glass
Iron and Steel
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East
Africa
Major Players in the Global Dolomite Mining Market
The key players studied in the global dolomite mining market are Arihant Min Chem (India), Calcinor (Spain), E. Dillon & Company (US), Essel Mining & Industries Limited (India), Imerys S.A. (France), JFE MINERAL & Alloy Co., LTD (Japan), Lhoist Group (Belgium), Nittetsu Mining Co.,Ltd. (Japan), Nordkalk Corporation (Finland), and Omya AG (Switzerland).
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Dolomite Prices, Demand, Historical and Forecast Data
𝐃𝐨𝐥𝐨𝐦𝐢𝐭𝐞 𝐏𝐫𝐢𝐜𝐞 𝐈𝐧 𝐔𝐒𝐀
𝐔𝐒𝐀: 200 USD/MT
The dolomite price in the USA settled at 200 USD/MT by the end of December 2023.
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