Dolomite Market By Material Type: (Calcined Dolomite, Agglomerated Dolomite, Sintered Dolomite), End-Use: (Cement, Agrochemicals, Mining & Metallurgy, Pharma & Healthcare, Glass & Ceramics, Water & Sludge Treatment, Animal Feed) & Region - Forecast to 2021 and 2031

2016-2020 Dolomite Market Outlook Compared to 2021-2031 Forecast

Demand for dolomite grew at 4.4% CAGR between 2016 and 2020. Sales prospects were however dampened due to the outbreak of COVID-19 pandemic in 2020, which reduced dolomite demand across several industries. This list included construction, glass, and ceramics sectors. The decline in the production of cement also negatively impacted the consumption of dolomite.

Increasing use of dolomite in cement production and manufacturing of agrochemicals is projected to propel sales at 4.8% CAGR over the forecast period, from 2021 to 2031. Significant growth in cement production in East Asia, especially in China is expected to continue boosting consumption of dolomite.

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Increasing Cement Production Boosting Dolomite Sales

Rapid expansion of the construction & infrastructure segment is propelling the demand for cement. Mechanical strength is the most important criteria for selection criterion in concrete end use cases.

Dolomite is used in the manufacturing of high-mechanical-strength concrete that can withstand heavy loads. Investment towards infrastructure, especially in developing nations is boosting demand for dolomite in civil construction. This is resulting in increasing sales of dolomite, and the trend is expected to continue over the forecast period.

Significant growth in the construction and infrastructure sector across the world in the past few years has boosted the consumption of cement, resulting in high demand for dolomites for the production. As dolomite utilization helps in reducing carbon emission and waste generation, key players are preferring dolomite to produce cement. This reduces overall production cost and helps companies in achieving their sustainability goals.

For instance, China also significantly increased its cement production in the last decade, which has boosted the demand for dolomite. Overall increase in cement production is anticipated to propel the consumption rate of dolomite in the coming years.

Country-wise Insights

Why is Demand for Dolomite Rising in the U.S.?

In 2021, the U.S. dolomite market is expected to grow by 4.3% year-on-year, reaching a valuation of US$ 650.7 Mn. Rapid expansion of end-use industries such as construction, water & sludge treatment, glass & ceramics and pharmaceutical & healthcare in the U.S. is expected to boost demand for dolomite in the forthcoming years.

Consumption of dolomite across North America is anticipated to rise remarkably by the end of 2021. Considering this, applications of dolomite in cement production, along with production of various agrochemicals, glass & ceramics for several end-uses is expected to bolster the market growth in the U.S.

What will be the Demand Outlook of Dolomite in India?

Consumption of dolomite to produce cement & agrochemicals is anticipated to grow considerably in the coming years in India. The dolomite market in India is expected to register year-on-year growth of 3.9% in 2021.

India is an emerging country and prioritizes infrastructure development activities on a huge scale. Focus on expansion of infrastructure creates a huge demand for cement which is positively impacting dolomite industry in the country. This, in turn, is expected to bode well for the dolomite market in India through 2031.

Moreover, the country has a vast population and agricultural land is shrinking rapidly. Consequently, the demand for agrochemicals & fertilizers is high because the focus is on improving the per hectare yield of land. This will fuel the demand for dolomite in India.

What is the growth outlook for the Dolomite Market in China?

China is estimated to remain a key producer and consumer of dolomite, accounting for about 71.7% of the overall dolomite consumption in East Asia in 2021. Rapid developments in the industrial, building and construction and infrastructure sectors is boosting sales of dolomite in the country.

The demand for food and agricultural products is remarkably high in China on account of its huge population. To address this, the fertilizers production is considerably high in China’s agrochemical industry. Rising fertilizer production will create scope for sales of dolomite.

In addition to this, the country is considered a leading manufacturing hub. With such a high production rate, the demand for buildings, houses & infrastructure is considerably high. Growth in the mining industry is expected to push the consumption of dolomite in the country.

Significant development in end-use industries such as railways expansion, industrial tools and equipment, production of home appliances and many others are propelling the consumption of dolomite. Driven by these aforementioned factors, sales of dolomite in China are anticipated to grow at a 4.8% CAGR over the assessment period.

Category-wise Insights

Why is Demand for Calcined Dolomite Increasing?

In terms of material type, calcined dolomites are expected to dominate the market. As per FMI, the calcined dolomite segment is projected to register year-on-year growth of 4.0% in 2021.

Increasing production of cement & agrochemicals is bolstering sales of calcined dolomite. Growing construction and infrastructure sector is significantly contributing to the development of this segment.

Calcined dolomite is used in scorifiers and refractory lining protectors in the iron and steel industry, as well as in agriculture as a soil conditioner and in the environmental sector for water treatment.

Besides this, growing production of glass & ceramics and increasing demand for pharmaceuticals and water & sludge treatment is expected to continue fueling sales of calcined dolomite over the forecast period.

Who is the Leading End User of Dolomite Market?

Revenue generated in the cement & agrochemicals segment is estimated to grow by 4.8% year over year rate in 2021. Meanwhile, demand for dolomite in the mining & metallurgy segment is expected to increase at 4.4% CAGR between 2020 and 2021. Agrochemicals production is expected to account for major sales of dolomite.

As per FMI, the cement segment is anticipated to remain the dominant segment in terms of end use, accounting for over half of sales in the market. End uses of dolomite is expected to rise in the production of cement & agrochemicals. This is expected to seal the segment’s dominance in the market.

Competitive Landscape

Key market participants are enhancing their global presence through mergers, acquisitions, strategic collaborations and partnerships. Further, key players are focusing on reducing carbon emission by increasing waste utilization in their manufacturing processes. For instance:

• In In June 2021, a new and innovative two-stage crushing system was installed at the RHI-Magnesita’s main United States industrial site in York, Pennsylvania, which mines dolomite for the production of refractory materials.

Scope of Report

Key Questions Answered in the Report

• What is the current dolomite market value?

  The dolomite market is anticipated to reach a valuation of US$ 3.41 Bn in 2021

• What is the demand outlook for the dolomite?

  The dolomite market is anticipated to register growth at a CAGR of 4.1% over the forecast period between 2021 and 2031 in terms of volume.

• At what rate did the dolomite market grow between 2016 and 2020?

  The dolomite market witnessed growth of 4.4% CAGR between 2016 and 2020.

• What are the key trends driving dolomite sales?

  Increasing utilization of dolomite to produce cement & agrochemicals and production of glass & ceramics and it’s usage in water & sludge treatment is expected to boost sales of dolomite.

• Who are the leading players in the dolomite market?

  Imerys, Omya AG, RHI-Magnesita, Essel Mining & Industries Limited, Lhoist and others are the key players in the recycled scrap metal market.

• What are the key strategies shaping the dolomite market?

  Increasing focus on strategic expansion and capacity expansion undertaken by leading players will shape the market in the coming years.

• What is the market share of leading players in dolomite market?

  Key players in the global dolomite market are expected to hold around 60-65% of global market share.

• What is the demand outlook for North America dolomite market?

  Demand for dolomite in North America is expected to grow at a 4.1% CAGR through 2031.

• What is the Europe market outlook for dolomite?

  Europe dolomite market is estimated to expand at a 5.3% CAGR during the forecast period.

• Who are the key exporters in the dolomite market?

  Key exporters in the dolomite market are U.S., Japan, Germany, France and others.

• Which are the top countries driving the dolomite market demand?

  Top countries driving the dolomite demand are China, the U.S., South Korea, Japan, and Russia.

• What is the current market share of South Korea and Japan in the East Asia dolomite market?

  South Korea and Japan are expected to collectively account for over 28.3% of the total in 2021.

Dolomite Market by Category

By Material Type:

• Calcined Dolomite
• Agglomerated Dolomite
• Sintered Dolomite

By End-Use:

• Cement
• Agrochemicals
• Mining & Metallurgy
• Pharma & Healthcare
• Glass & Ceramics
• Water & Sludge Treatment
• Animal Feed

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa