Dolomite Powder Market Analysis

Application (Steel Making, Cement Industry, Agriculture, Glass, Ceramic, Rubber)

The steel-making segment in the dolomite powder market is estimated to observe the largest revenue throughout the forecast timeframe. Being a refractory substance, dolomite is used in walls of electric furnaces, the lining of steelmaking transformers, and opening hearth furnaces. The market players have raised their manufacturing capacity as the demand for refractory substances seems to rise. For instance, RHI Magnesita declared investing USD 24 million to increase its Dolomite site in China in June 2018.

Moreover, the growing use of steel in the automotive industry and construction sectors is anticipated to propel the market growth of this segment in the predicted period.

Type (Calcium Dolomite, Magnesium Dolomite)

The calcium dolomite segment is assumed to witness the largest market share of 60% by the end of 2037. The growth of this segment can be attributed to the account of the high application of this type in the steel industry for the production of stainless steel and it is also used as refractory lining prevention and scorifiers.

The wide application of calcium dolomite can also be seen in the cement, concrete, refractories, and mortars sector which is also predicted to boost the segment growth in the projected period.

Our in-depth analysis of the global market includes the following segments: