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The global dolomite mining market is expected to exhibit moderate growth during 2021-2026. Dolomite (CaMg(CO3)2) is a mineral comprising small amounts of iron and manganese. It is widely employed in the construction industry for producing building stones. It is also used as a substitute for magnesite refractories in the lining of steel furnaces. Moreover, as it improves crop yields, dolomite finds extensive utilization as a filler in fertilizers. As a result, there is a rise in the need for dolomite mining to meet the demand for minerals in different industry verticals.
The resurgence of the construction industry represents one of the main factors positively influencing the application of dolomite in the production of paints, varnishes, steel, cement, and flooring tiles. It is also utilized to suppress dust in coal mines; as a flux in iron, steel, ferroalloys, and glassworks; and in the manufacturing of pipes, boiler coverings, rubbers, papers, leathers, potteries, and high-magnesium limes. Moreover, the rising consumption of agricultural products and increasing concerns about food security are promoting dolomite application as a soil conditioner to neutralize acidity. Due to the growing environmental concerns, governments of numerous countries are introducing stringent regulations that mandate water recycling in the industrial sector, which, in turn, is contributing to the market growth. As dolomite is also used to filtrate potable water, optimize the pH of distilled water, and add natural minerals to the purified, reverse osmosis (RO) water, dolomite mining is anticipated to rise in the coming years. Looking forward, IMARC Group expects the global dolomite mining market to grow at a CAGR of around 4% during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global dolomite mining market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type and application.
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The competitive landscape of the industry has also been examined along with the profiles of the key players being Calcinor, Carmeuse, E. Dillon & Company, Essel Mining & Industries Limited (Aditya Birla Group), Imerys, JFE Mineral Co. Ltd. (JFE Steel), Lhoist, Omya AG, RHI Magnesita GmbH and Sibelco.
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