Global Dolomite Mining Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 4.21% through 2019 to 2027, reaching nearly US$ XX Bn.
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The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Dolomite is a translucent and anhydrous carbonate mineral that is rich in calcium and magnesium. It also includes some amounts of iron. Dolomite mining is a non-metallic, versatile mineral used in building materials, ceramics, refractory materials and glass.
Further, dolomite is progressively used in the cement sector for manufacturing asphalt aggregates and cement. Whereas key players are exploring potential opportunities in other industries such as glass & ceramics, the mining & metallurgy industry would remain to attract massive capital investments. The mining and metallurgy industry would substantially shape the global dolomite market, where, dolomite is used in the melting of steel and iron. Acquiring over 82% share of the global market stack, constructors cite this end-use industry as the direct adopter of dolomite minerals. However, the shutdown of construction sites throughout the globe due to reduced demand and severe supply chain disruptions caused by Government restrictions hampers the demand for the global dolomite mining market.
Key players are focused on the growth of efficient transportation channels for dolomite and technological advancement to improve their operational capability in the market for mining. Further, growing demand from the emerging economies thanks to the upsurge in the mining industry likely to drive the demand for dolomite mining over 2019-2027.
The report covers the segments in the dolomite mining market such as type and end-use. By end-use, the agriculture segment was valued at US$ XX Mn. in 2019 and is expected to reach US$ XX Mn. by 2027 at a CAGR of XX.33% over the forecast period. Growth in the market is attributed to the growing demand for fertilizers globally.
By Region (2019 size in US$ MN):
Global Dolomite Mining Market 1
APAC is expected to account for the largest share XX% in the dolomite mining market thanks to the high refractory production in China. The European dolomite mining market is anticipated to register the second-largest XX% CAGR during the forecast period. In Europe, the steel sector received a heavy blow because of COVID-9, as XX.9 million tons of steelmaking capacity was taken offline in EU economies. The production continued in May 2020, but with no demand from the construction and sectors, the European market contracted by XX.5% in the first quarter of 2020. Companies in Germany are continuously working to reach self-sufficiency of dolomite to decrease imports from foreign markets.
Companies in the dolomite mining market are involved in adopting sustainable strategies to gain competitive edges, for example, new product launches, collaborative agreements, and product up-gradation. Such as, On 20 Aug 2020, RHI Magnesita has invested in Brumado (Bahia), this investment has made to develop a new portfolio of raw materials and construction of a rotary kiln with innovative new technology.
Future outlook of Indian Market by Industries: (In tons)
Global Dolomite Mining Market2
The objective of the report is to present a comprehensive analysis of the Global Dolomite Mining Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Dolomite Mining Market dynamics, structure by analyzing the market segments and projects the Global Dolomite Mining Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Dolomite Mining Market make the report investor’s guide.
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Global Dolomite Mining Market, By Type
• Calcium Dolomite
• Magnesia Dolomite
Global Dolomite Mining Market, By End Use
• Cement Industry
• Ceramics & Glass
• Steel Making
Global Dolomite Mining Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Dolomite Mining Market
• Infrasors Holding Limited
• DMITRE (Department of Manufacturing, Innovation, Trade, Resources and energy)
• Arrium mining and materials
• Inca mining
• JFE mineral companies Limited
• Essel Mining and Industries Limited
• Aruna Dolomite Mines
• Beihai Group
• Calcinor S.L
• Essel Mining and Industries Limited
• Infrasors Holding Ltd.
• Lhoist Group
• RHI Magnesita N.V.
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