Market revenue in 2022 | USD 554.3 million |
Market revenue in 2030 | USD 962.5 million |
Growth rate | 7.1% (CAGR from 2022 to 2030) |
Largest segment | Calcined |
Fastest growing segment | Agglomerated |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Calcined, Sintered, Agglomerated |
Key market players worldwide | Imerys, JFE Holdings Inc, RHI Magnesita NV ADR, Calcinor, Carmeuse, Essel Mining & Industries, Lhoist Group, Omya, Sibelco |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dolomite market will help companies and investors design strategic landscapes.
Calcined was the largest segment with a revenue share of 42.65% in 2022. Horizon Databook has segmented the Asia Pacific dolomite market based on calcined, sintered, agglomerated covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific dolomite market witnessed healthy growth from 2016 to 2019 owing to the steady rise in the production of iron & steel products in the region. Crude steel production has decreased since 2020 due to various factors such as the COVID-19 pandemic, the Russia-Ukraine war, recessionary fears, and global economic slowdown.
The facility is anticipated to manufacture 3 million tons of steel annually, further benefiting the dolomite market. The increase in manufacturing activities and surging foreign investments are the key drivers fueling the growth of the dolomite market in Asia Pacific. The flourishing end-use industries such as iron & steel glass & ceramics, cement, and construction are also anticipated to contribute to the growth of the dolomite market in Asia Pacific.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific dolomite market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific dolomite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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