Global Dolomite Market (2020 to 2027) - Size, Share & Trends Analysis Report - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Dolomite Market Size, Share & Trends Analysis Report by End-use (Construction, Iron & Steel), by Product (Agglomerates, Calcined, Sintered), by Region, and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering.

The global dolomite market size is anticipated to reach USD 3.0 billion by 2027, expanding at a CAGR of 3.8% from 2020 to 2027. Large-scale steel production in the world is anticipated to propel dolomite demand across the forecast period.

Dolomite is an anhydrous carbonate mineral that consists of calcium magnesium carbonate. It is a key component of dolostone and dolomitic marble. It is a vitreous pearly mineral available in different colors including white, pink, green, brown, black, etc. It is preferred as a substitute for limestone in the construction industry.

The key application of dolomite is as a refractory and then as a flux in the steel & iron industry. In the calcined form, it is used as a steelmaking slag flux, where in addition to increasing slag fluidity the magnesia content of the product helps protect and improve the lives of the steel vessel's refractory linings. As a result, calcined dolomite accounted for the largest share of the market in 2019.

Glass & ceramics is also a vital end-user segment of the market. Lime is introduced in glass melt with dolomite and limestone. The magnesia content in the mineral improves the durability of the glass and inhibits the devitrification process, which holds significance in flat glass production. It also finds application in container glass.

Pharmaceutical companies worldwide are thoroughly engaged in finding the cure for covid-19 and the vaccine is in the final testing stage. Once the vaccine is out it shall require vials in large amounts, for which glass manufacturers are expanding their production capacities. For example, SCHOTT KAISHA is working with the Serum Institute of India to supply aluminum seals and tubular glass vials for the Oxford vaccine. Serum Institute of India is under a licensing deal with AstraZeneca for providing 1 billion doses of vaccine to low-to-middle income countries. Thus, increasing glass vials production is anticipated to propel the demand for dolomite in the glass end-use segment.

Europe held the third-largest volume share of the market in 2019 and is expected to witness a sluggish growth rate over the forecast period. The European steel industry received a heavy blow owing to covid-19, as 18.9 million tons of steelmaking capacity was taken offline in the region. The production resumed in May 2020 but with no demand from the automotive and construction sectors, the EU market contracted by 41.5% in the first half of 2020.

Dolomite Market Report Highlights

• Asia Pacific is expected to register the fastest CAGR of 4.1%, in terms of revenue, over the forecast period owing to high refractory production in China
• Europe is anticipated to register the second-fastest CAGR from 2020 to 2027 on account of declining steel production in the region owing to falling demand from the construction and automotive sectors
• The agriculture end-use segment is anticipated to register a CAGR of 3.7% in terms of revenue over the forecast period owing to the rising demand for fertilizers.
• In India, despite nationwide lockdown, fertilizer sales jumped by 83% in April-June 2020 than 2019
• Glass & ceramics is also anticipated to grow significantly over the forecast period on account of rising container glass production for the pharma industry owing to rising cases of COVID-19 cases
• In July 2020, Bormioli Pharma invested in Type I glass vial production for injectable medicines and vaccines

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Dolomite Market Variables, Trends, & Scope

3.1. Market segmentation & scope

3.2. Market lineage outlook

3.3. Penetration & growth prospect mapping

3.4. Industry value chain analysis

3.5. Regulatory framework

3.6. Market dynamics

3.6.1. Market driver analysis

3.6.2. Market restraint analysis

3.6.3. Industry challenges - Impact of COVID-19

3.7. Business environment analysis: Dolomite market

Chapter 4. Dolomite Market: Product Estimates & Trend Analysis

4.1. Definition & scope

4.2. Product movement analysis & market share, 2019 & 2027

4.3. Calcined

4.4. Sintered

4.5. Agglomerated

Chapter 5. Dolomite Market: End-Use Estimates & Trend Analysis

5.1. Definition & scope

5.2. End-use movement analysis & market share, 2019 & 2027

5.3. Construction

5.4. Agriculture

5.5. Glass & Ceramics

5.6. Iron & steel

5.7. Water treatment

5.8. Others

Chapter 6. Dolomite Market: Regional Estimates & Trend Analysis

6.1. Regional snapshot

6.2. Regional movement analysis & market share, 2019 & 2027

6.3. North America

6.4. Europe

6.5. Asia Pacific

6.6. Central & South America

6.7. Middle East & Africa

Chapter 7. Dolomite Market: Competitive Analysis

7.1. Key players, recent developments, & their impact on the industry

7.2. Vendor landscape

7.3. Public companies

7.4. Private

Chapter 8. Dolomite Market: Company Profiles

8.1. RHI Magnesita

8.2. Imerys

8.3. Calcinor

8.4. CARMEUSE

8.5. Lhoist

8.6. Sibelco

8.7. Omya AG

8.8. VARDAR DOLOMITE

8.9. Essel Mining & Industries Limited

8.10. JFE Mineral Co., Ltd

For more information about this report visit https://www.researchandmarkets.com/r/46v0ox