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Global Dolomite Market (2021 to 2026) – Growth, Trends, COVID-19 Impact and Forecasts – ResearchAndMarkets.com

DUBLIN–( BUSINESS WIRE )–The "Dolomite Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)" report has been added to ResearchAndMarkets.com’s offering.

The global market for dolomite is expected to grow at a CAGR of over 3% during the forecast period.

Companies Mentioned Calcinor

Carmeuse

E. Dillon & Company

Essel Mining & Industries Limited (EMIL)

JFE MINERAL Co., LTD.

Lhoist

Omya AG

Rawedge

RHI Magnesita GmbH

Sibelco

Key Market Trends Increasing Demand from Cement Industry Dolomite is used as aggregate in portland cement concrete which is used for roads, buildings, and other structures and in combination with bituminous materials for roads and similar construction. In the production of cement, dolomite is also calcined, and then it is cut into blocks of a specific size. According to United States Geological Survey, the production of cement was 4,100 million tons in 2019 and 4,050 million tons in 2018. Top cement producing countries include the United States, Brazil, China, Egypt, and India among others. The construction industry is one of the largest consumers of cement. The growing commercial construction and industrial construction activities are experiencing a boom, globally. Lower interest rates prevailing worldwide, increasing living standards, higher per capita income, industrialization, infrastructural development, etc., are leading to a rise in construction activities which further boosting the demand for cement, therefore driving the market studied. Cement is also used to make base courses for various types of pavements and to make water-bound macadam and soil aggregate roads. The focal points of growth in construction activities are China, India, and the United States. Additionally, ASEAN countries, Germany, Russia, and many of the world’s developing economies are experiencing the growth of construction activities at a quicker pace. In India, the government has initiated projects, such as 100 smart cities and ‘Housing for All by 2022’, which are expected to immensely drive the residential construction market through the forecast period. Furthermore, the country which launched more than 1,800 housing projects in the country (of which more than 50% was of high-rise buildings) is expected to launch even a larger number of projects by the end of 2020. Asia-Pacific to Dominate the Market Asia-Pacific region is expected to account for the largest market for dolomite during the forecast period. China is the largest cement producer across the globe with around 50% of global production. China hosts a vast construction sector, and the developments in the infrastructure and residential sectors in the past two years have supported the growth of the construction sector at large, both in terms of volume and value. India is the second-largest producer of cement across the region and the demand for cement is constantly increasing supported by the rapidly growing construction industry. The construction industry in India is likely to remain buoyant in the coming years. The government focuses to expand building construction by 200%, till 2030. Additionally, the Government of […]

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