Dolomite Market Expected to Increase at a CAGR 4.2% through 2019–2029 | FMI Repo
Posted by Vijay Kundekar on March 19th, 2020
Dolomite market is projected to undergo steady growth at approximately 4.2% CAGR over the course of forecast period (2019-2029). Mining exploration projects are witnessing mounting investments thereby accelerating the growth of dolomite market. On that premise, global dolomite market is projected to reach US$ 4 Bn by 2026 end, concludes Future Market Insights (FMI).
"The escalating construction & infrastructure undertakings will propel the demand for dolomite worldwide. Moreover, dolomite has gained paramount importance in other end-use areas as well. For instance, manufacturers in glass industry are utilizing dolomite as a key raw material for flat glass fabrication," says the FMI analyst.
Key Takeaways of Dolomite Market Study
Dolomite Market - Key Growth Factors
Dolomite Market - Key Restraints
The global dolomite market is a fairly consolidated landscape with few leading players occupying the majority market share. Key players profiled in this FMI study include, but are not limited to, Essel Mining, RHI Magnesita, Sibelco, and Imerys. Manufacturers are scrutinizing the key end-use segments of dolomite such as mining & metallurgy to garner significant market share. Meanwhile they are exploring remunerative opportunities in other end-use industries as well. For instance, agrochemicals, glass & ceramics have attracted significant attention of prominent market players who are planning huge capital investments in these areas.
More about the Report
This Future Market Insights study of 203 pages provides all-inclusive insights on the global dolomite market. The market analysis is based on end use (mining & metallurgy, cement, glass & ceramics, water & sludge treatment, agrochemicals, pharma & healthcare, animal feed), material (sintered, calcined, agglomerated) across seven regions (Middle East & Africa, Oceania, South Asia, East Asia, Europe, Latin America, North America).
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
SOURCE: Future Market Insights
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About the AuthorVijay Kundekar
Joined: August 22nd, 2019
Articles Posted: 420
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