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Dolomite Market Trends

Report ID: GMI6363
Published Date: Aug 2023
Report Format: PDF

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Dolomite Market Trends

The increasing focus on sustainable agriculture practices will anchor the demand for dolomite as a vital component in agricultural applications. The rising awareness of soil conditioners to neutralize acidic soils in order to provide essential nutrients, such as calcium and magnesium to crops has spurred higher product adoption across major agricultural countries, including India, China, and Brazil, among others. The intensifying focus on sustainable agricultural practices and increasing crop yields among farmers and agricultural industries worldwide will also contribute to considerable market growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for dolomite was valued at over USD 1.7 billion in 2022 and is estimated to witness significant growth at 6.7% CAGR from 2023 to 2032 owing to increasing usage in steel production.

Calcined dolomite industry gained notable traction in 2022 and is anticipated to grow considerably through 2032 attributed to its extensive application in steelmaking to remove impurities and improve the quality of steel.

North America dolomite industry accounted for USD 0.6 billion in 2022 and is set to witness considerable growth from 2023-2032 owing to the presence of robust construction industry and the higher emphasis on sustainable agricultural practices.

Carmeuse, JFE Mineral & Alloy Company, Ltd., Calcinor, Arij Global Trading, Dillon, Imerys, Lhoist, Omya AG, Rawedge, Nordkalk Corporation, Beihei Group, and Sibelco are among the top companies operating in the global dolomite market.