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Dolomite MarketAnalysis:
Dolomite is an anhydrous carbonate mineral composed of calcium magnesium carbonatewith a chemical formula CaMg (CO3)2, which is high in calcium carbonate and magnesium It is a rock forming material. Its major components are sedimentary and metamorphic rocks. It has broad application in construction due to its hard and dense nature. Dolomite exhibits properties such as high refractoriness and enhanced thermodynamic stability, hence, it can be used in making refractivefurnaces. Increased applications in horticulture, particle detectors, magnesium oxide, and iron smelting is expected to drive the market growth. Also, another application of dolomite is in float glass production. Dolomite market is expected to grow in next few years, owing to growing construction industries.
Covid-19 impact on dolomite market:
Dynamics
The key drivers for the growth of dolomitesmarket is increasing use of dolomite for making magnesium salt. The magnesium salt is increasingly used inmaking of medicines in pharmaceutical industry. Dolomitealso serves as a supplement in terms of calcium and magnesium. With advance technology coming in the way, different type of dolomite crystal can be extracted and the demand for dolomite is increasing day by day. Another use could be in agriculture sector, by farmers to reduce acidity of soil.With the technological advancements in mining industry it has now become easy to extract different crystals, leading to increase in demand for dolomite industry. Â
Market participants
The key market players in this market as follows JFE mineral Companies Ltd., Essel Mining and Industries Ltd., Infrasors Holding Ltd., DMITRE (Department of Manufacturing, Innovation, Trade, Resources and Energy), Inca mining and Arrium mining and materials, , JFE Mineral Companies Limited, Liuhe Mining, Lhoist group, Omya group, Mineral Technologies, Long Cliffe Quarries, Nordkalk, Arihant minChem, Carmeuse, Sebelco, Imerys, Omya group, Specialty Minerals, RHI Magnesita, E. Dillon& company, Wangcheng Meiye, Beihai Group, Graymont, Jindu Mining, Carrier de Merlemont, Nittetsu Mining, Dongfeng Dolomite,Jinding Magnesite Group, PT polowijo Gosari, MINARARIA DI BOCA SR As there is global presence of market players, the competition is very high.
Regional outlook:
The regions analyzed in the report North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa. Asia pacific has been showing great success in this market, and China is also expected to contribute good amount of profits to this market, these are the countries which are much more involved into construction activity. The leading consumers are in the market North America and Europe due to technological advancements in mining industry.
Key benefits of the report:
Questions answered in the dolomite market research report:
Dolomite Market Report Highlights
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Key Market Players | Liuhe Mining, Omya Group, Infrasors Holding Ltd., DMITRE, Imerys, Mineral Technologies, Carrier De Merlemont, Lhoist Group, JFE MINERAL COMPANIES Ltd., Essel Mining And Industries Ltd., |
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