Dolomite Market to Experience Rebound in Sales post COVID-19


Matt2023/08/29 12:33
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The dolomite market was estimated at USD 2.4 billion in 2021 and is likely to grow at a CAGR of 3.76% during 2022-2028 to reach USD 3.12 billion in 2028.

Dolomite Market to Experience Rebound in Sales post COVID-19

Stratview Research announces the launch of a new market research report on the Dolomite Market by End-Use Type (Construction, and Iron & Steel), by Product Type (Agglomerates, Calcined, and Sintered), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

The dolomite market was estimated at USD 2.4 billion in 2021 and is likely to grow at a CAGR of 3.76% during 2022-2028 to reach USD 3.12 billion in 2028.


Research Methodology

Stratview Research specifically relies on two types of research methodology –

-        Primary research interviews to get the strategic insights on the market, directly from the industry experts.

-        Secondary research to acquire necessary information for this study. Stratview Research leverages more than 1,000 secondary sources, such as company websites, press releases, white papers, and annual reports and constantly validates through its internal records for authenticity.

Segment-Wise Analysis

Based on the end-use type, the market is segmented as construction, and iron & steel. The iron & steel segment held the largest share of the market in 2021 and is expected to remain dominant during the forecast period. The wide use of dolomite as a refractory material in steel making, converter lining, opening hearth furnaces, and electric furnace walls is driving the growth of this segment.

Based on the product type, the market is segmented as agglomerates, calcined, and sintered. The calcined segment dominates the market, as it plays an essential role in the iron and steel industry for refractory lining protectors and scorifiers. Further, it is used as a soil conditioner and in water treatment in agricultural work. All this wide application of calcined propelling the growth during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market during the forecast period, with China and India being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of various end-use industries, such as construction and agriculture, which are generating huge demand for dolomites and the presence of a large number of dolomite manufacturers in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

The report discusses current key players in the Dolomite Market on the basis of intensive research. According to the experts, the market has the following key players-

Calcinor

Carmeuse

Imerys

Lhoist

Omya AG

RHI Magnesita

Sibelco

Vardar Dolomite

Why invest in this report?

The report covers 360-degree angle of the Dolomite Market and answers the following critical questions -

l  What are the key trends in the Dolomite Market?

l  How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?

l  What is the impact of COVID-19 on the Dolomite Market?

l  What are the key strategies adopted by the major vendors to lead in the Dolomite Market?

l  What is the market share of the top vendors?

About Us

Stratview Research is a global market research company helping its clients’ tract the ever-evolving market scenarios through its market reports. The reports offered here are gathered by market experts with the help of reliable secondary sources and primary interviews with the key players in the market. These reports help the user stay ahead of the curve. It helps the users understand the current and future market trends and challenges on the way.

Connect with Stratview Research at –

E-mail: [email protected] Direct: +1-313-307-4176

 

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