Colombia Dolomite Market Size & Outlook, 2022-2030
Colombia dolomite market, 2018-2030 (US$M)
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Colombia dolomite market highlights
- The Colombia dolomite market generated a revenue of USD 8.4 million in 2022 and is expected to reach USD 12.5 million by 2030.
- The Colombia market is expected to grow at a CAGR of 5.1% 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 8.4 million |
| Market revenue in 2030 | USD 12.5 million |
| Growth rate | 5.1% (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, Colombia accounted for 0.5% 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 Latin America, Brazil dolomite market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 21.1 million by 2030.
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Dolomite Market Scope
Dolomite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Colombia 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 40.48% in 2022. Horizon Databook has segmented the Colombia dolomite market based on calcined, sintered, agglomerated covering the revenue growth of each sub-segment from 2018 to 2030.
Colombia has shown outstanding economic progress in recent years. Colombia is an emerging player and a key producer & consumer of food in the region. The country is among the world’s largest coffee producers and produces other primary agricultural products such as sugarcane, corn, tobacco, rice, bananas, and oilseeds.
The agricultural practices in the country ensure steady demand for dolomite, which is anticipated to increase with IFAD investment in projects & programs to develop agriculture sector. Crude steel is consumed in the construction industry and for the infrastructural development of roads, ports, healthcare, and energy, among others.
According to the Colombian Committee of Steel Producers, a large percentage of steel produced is consumed by construction industry. For instance, according to the National Administrative Department of Statistics in May 2022, the number of construction licenses in the country increased by 2.4% compared to May 2021. The increasing construction cost might impact the growth of the industry in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia dolomite market , including forecasts for subscribers. This country databook contains high-level insights into Colombia dolomite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia dolomite market size, by product, 2018-2030 (US$M)
Colombia Dolomite Market Outlook Share, 2022 & 2030 (US$M)
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