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

 


Based on estimates, the size of the global market for dolomite powder was around USD 36.37 billion in 2022 and is expected to reach approximately USD 50.62 billion by 2030, with a compound annual growth rate (CAGR) of approximately 4.22% between 2023 and 2030. The market for dolomite powder has grown significantly in recent years due to the growing need for high-quality raw materials in many industries as well as the product's numerous applications. The market for dolomite powder is anticipated to expand more in the years preceding 2030. Developments in agriculture, new uses, and growth in the building industry are all expected to contribute to the market's continued expansion.


Global Dolomite Powder Market: Overview


The mineral dolomite is typically found in the sediments of the dolostone sedimentary rock. Dolomite powder is composed of calcium magnesium carbonate and is classified as a carbonate mineral. In the market, the powder is well-known for its precise composition, excellent purity, and simplicity of dispersion. The main uses for this powder are as filler in paints, soaps, detergents, and ceramics. In a steel melting shop, it is also utilized as a refractory, fettling, and ramming material.

Global Dolomite Powder Market Size

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Global Dolomite Powder Market: Growth Factors


The market for dolomite powder is expanding quickly on a global scale. Some of the key reasons supporting the growth of the global market include the increasing use of calcium dolomite in the steel industry, the growing usage of dolomite powder in the detergent business, and the rapidly expanding demand for dolomite powder in the building sector. Moreover, there are several uses for dolomite powder across numerous sectors. Dolomite is used in the chemical industry to neutralize acid, in the agriculture sector to act as a suitable pH controller and soil conditioner, in the chemical arena to formulate cement and aggregate materials, and in the field of metals as a suitable source of magnesia.

Furthermore, it is utilized in the medical field as a calcium supplement and as a phosphate buffering agent during the dialysis process. Due to its many advantageous applications, dolomite powder is widely employed in a wide range of sectors. Consequently, this is driving the expansion of the worldwide market for dolomite powder. Furthermore, the existence of well-established suppliers, a rise in crucial business strategies, and major participants in the dolomite powder production industry to satisfy the enormous demand are some of the other important factors contributing to the global market's expansion. Moreover, greater prospects for the expansion of the global dolomite market are probably to come from awareness of the advantageous applications of dolomite powder in many sectors.

There are numerous uses for dolomite powder in a variety of sectors, including cement, steel, glass, ceramics, etc. During the COVID-19 epidemic, the majority of these end-use industries suffered significant disruptions. Many governments imposed strict lockdowns to stop the infection from spreading, which stopped the production process in many end-use industries. Over the course of the projection period, the market is anticipated to recover and experience robust expansion.

Global Dolomite Powder Market: Segmentation


The market for dolomite powder worldwide is divided into three segments: type, application, and geography. The magnesium dolomite and calcium dolomite segments of the global dolomite powder market are separated based on type. The global market is divided into categories according to application, including cement, steel, rubber, ceramics, glasses, and agricultural.

Global Dolomite Powder Market: Regional Analysis


It is anticipated that Asia Pacific would continue to contribute significantly to global dolomite powder revenue. The area provides a number of growth factors for the market for dolomite powder. The existence of sizable end-use industries in developing nations and fast industrializing nations like China and India, which have sizable steel, cement, and glass sectors, are some of the key reasons driving the market's expansion in this area. The market for dolomite powder is anticipated to have more growth prospects in North America. Over the course of the forecast period, Europe is also expected to make a sizable revenue contribution to the worldwide dolomite powder market.

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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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