Published by mark itwired
Posted on September 7, 2021
Dolomite is witnessing high demand from the mining & metallurgy sector, since it is used for the manufacturing of refractory materials such as bricks, refractory lining protection, refractory raw material, and in iron & steel. Moreover, the growing utilization of sintered dolomite for making LD converter lining, and calcined dolomite being used as a flux in iron making for the production of fluxed sinters, is expected to pave the way for robust sales during the forecast period (2019-2029).
The global dolomite market is projected to expand at a CAGR of 4.2% over the forecast period, to reach a valuation of US$ 4.7 Bn by the end of 2029.
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“Growing number of mining & metallurgy industries around the globe, with new mining opportunities being explored in Europe, Brazil, etc., is expected to drive the demand for dolomite for the manufacturing of steel and for other mining applications.”
The dolomite market is fairly consolidated, with less number of tier-1 players operating in the landscape. Global players such as Imerys Minerals Ltd., RHI Magnesita, JFE Minerals Co., Ltd., and Sibelco have invested strategically in the dolomite market in the recent past, which suggests that, major manufactures are keeping tabs on the market as it holds a lot of potential in the coming years. Research & development, coupled with expansion of production capacity and footprint, remains the key strategy being followed by dolomite manufacturers to enhance productivity and capture new market opportunities.
East Asia is anticipated to hold a prominent share of the global dolomite market, owing to increasing construction activities in the region. Another key factor driving the growth of the market in the region is the focus of manufacturers on customization of products as per specific applications. Dolomite is also prominently used in the production of refractory raw material, such as for brick manufacturing, which is further bolstering its sales in the region.
The market report on dolomite, published by Future Market Insights, brings to the fore pin-point analysis of the landscape, and offers comprehensive information with historical demand data of 2014-2018 and forecast statistics for 2019-2029. The study offers insightful information on the global dolomite market based on various categories – material (calcined, agglomerated, and sintered) and end use (cement, agrochemicals, mining & metallurgy, pharma & healthcare, glass & ceramics, water & sludge treatment, and animal feed), across seven regions.
The global dolomite market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
Material
End Use
Region
The post Dolomite Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies first appeared on Market Research Blog.
Dolomite is witnessing high demand from the mining & metallurgy sector, since it is used for the manufacturing of refractory materials such as bricks, refractory lining protection, refractory raw material, and in iron & steel. Moreover, the growing utilization of sintered dolomite for making LD converter lining, and calcined dolomite being used as a flux in iron making for the production of fluxed sinters, is expected to pave the way for robust sales during the forecast period (2019-2029).
The global dolomite market is projected to expand at a CAGR of 4.2% over the forecast period, to reach a valuation of US$ 4.7 Bn by the end of 2029.
Request a Sample of this Report @https://www.futuremarketinsights.com/reports/sample/rep-gb-3861
“Growing number of mining & metallurgy industries around the globe, with new mining opportunities being explored in Europe, Brazil, etc., is expected to drive the demand for dolomite for the manufacturing of steel and for other mining applications.”
The dolomite market is fairly consolidated, with less number of tier-1 players operating in the landscape. Global players such as Imerys Minerals Ltd., RHI Magnesita, JFE Minerals Co., Ltd., and Sibelco have invested strategically in the dolomite market in the recent past, which suggests that, major manufactures are keeping tabs on the market as it holds a lot of potential in the coming years. Research & development, coupled with expansion of production capacity and footprint, remains the key strategy being followed by dolomite manufacturers to enhance productivity and capture new market opportunities.
East Asia is anticipated to hold a prominent share of the global dolomite market, owing to increasing construction activities in the region. Another key factor driving the growth of the market in the region is the focus of manufacturers on customization of products as per specific applications. Dolomite is also prominently used in the production of refractory raw material, such as for brick manufacturing, which is further bolstering its sales in the region.
The market report on dolomite, published by Future Market Insights, brings to the fore pin-point analysis of the landscape, and offers comprehensive information with historical demand data of 2014-2018 and forecast statistics for 2019-2029. The study offers insightful information on the global dolomite market based on various categories – material (calcined, agglomerated, and sintered) and end use (cement, agrochemicals, mining & metallurgy, pharma & healthcare, glass & ceramics, water & sludge treatment, and animal feed), across seven regions.
The global dolomite market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
Material
End Use
Region
The post Dolomite Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies first appeared on Market Research Blog.
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