Dolomite Market Forecast and Trends Analysis Research Report 2018-2028

Posted by vakhas on February 5th, 2019

Dolomite Market- Overview

Dolomite is an anhydrous carbonate mineral, which is rich in calcium carbonate  and magnesium and has several other minerals. It has a chemical formula CaMg (CO3)2. Dolomite is a common rock-forming material and it is the main component for sedimentary and metamorphic rocks. Dolomite in the metamorphic rocks is known as dolomitic marble and in the sedimentary rocks, it is known as dolostone. The dolostone has a broad application in constructions because of its hardness and density. Dolomite refractory bricks have been featured with high refractoriness, slag erosion resistance and good thermodynamic stability, which can be used to manufacture refractory furnaces. The industrial dolomites is a common term for commercial dolomites in which its chemical properties are focused.

Dolomite Market Dynamics

The pharmaceuticals industry is the key driver for the market growth of dolomites as it contains magnesium salts which are used to prepare medicines. The dolomite also serves as a supplement for people with the lack of calcium and magnesium. The growth in the construction industry and infrastructure across the globe has led to the expansion of the dolomite market. Dolomite has a wide application in industries. The mineral powder of dolomite is used as a filler in various sectors, which leads to the growth of dolomite market.

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With the advancement of mining technology that is leading to different types of extraction of dolomite crystal, the demand for dolomite in the market is growing. The developing trends of interior decoration are leading to the market growth of dolomites as it is used in the manufacturing of glass and ceramics. Another market for dolomites is in the agricultural sector, as it is used by farmers for reducing soil acidity. The Dolomites are used as a soil conditioner in horticulture, thereby increasing the demands for dolomites in the market aiding to the growth avenues from the dolomite market.

The raw dolomites are replaced by igneous rock containing the minerals of olivine in industries hampering the market growth of dolomites. Dolomite has some side effect on its direct consumption through the mouth for longer periods. It may cause various health disorder such as illness, irritation, diarrhea and vomiting. Such side effects of dolomite affect the growth of its market.