Canada Dolomite Market Size & Outlook, 2024-2030
Canada dolomite market, 2018-2030 (US$M)
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Canada dolomite market highlights
- The Canada dolomite market generated a revenue of USD 43.6 million in 2022 and is expected to reach USD 73.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
- In terms of segment, calcined was the largest revenue generating product in 2022.
- Agglomerated is the most lucrative product segment registering the fastest growth during the forecast period.
Dolomite market data book summary
| Market revenue in 2022 | USD 43.6 million |
| Market revenue in 2030 | USD 73.6 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Calcined |
| Fastest growing segment | Agglomerated |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 2.4% of the global dolomite market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. dolomite market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 934.8 million by 2030.
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Dolomite Market Scope
Dolomite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada dolomite market outlook
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 40.37% in 2024. Horizon Databook has segmented the Canada dolomite market based on calcined, sintered, agglomerated covering the revenue growth of each sub-segment from 2018 to 2030.
The crude steel production in Canada is less compared to Mexico and The country’s steel production trend is illustrated in the figure below. Apart from construction industry, steel production in Canada is strongly linked with automotive production.
According to OICA, the overall production of automobiles in Canada increased by 10% from 2021 to 2022, reaching 1,228,735 units. In the long run, rising demand for automobiles and stringent vehicular fuel emission regulations in Canada are likely to propel steel demand, in turn, augmenting the dolomite market growth.
Construction is one of Canada’s promising sectors because of increased spending in residential, commercial, and infrastructure segments. This is likely to encourage steel production in the country, which is expected to advance dolomite demand in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada dolomite market , including forecasts for subscribers. This country databook contains high-level insights into Canada dolomite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada dolomite market size, by product, 2018-2030 (US$M)
Canada Dolomite Market Outlook Share, 2024 & 2030 (US$M)
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