India Dolomite Market Size & Outlook, 2024-2030
India dolomite market, 2018-2030 (US$M)
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India dolomite market highlights
- The India dolomite market generated a revenue of USD 123.8 million in 2022 and is expected to reach USD 219.6 million by 2030.
- The India market is expected to grow at a CAGR of 7.4% 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 123.8 million |
| Market revenue in 2030 | USD 219.6 million |
| Growth rate | 7.4% (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, India accounted for 6.9% 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 Asia Pacific, China dolomite market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 219.6 million by 2030.
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Dolomite Market Scope
Dolomite Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 41.2% in 2024. Horizon Databook has segmented the India dolomite market based on calcined, sintered, agglomerated covering the revenue growth of each sub-segment from 2018 to 2030.
India is an agrarian economy focusing on improving infrastructure development. The dolomite market in the country is expected to rise due to the rising demand for agrochemicals in the agriculture sector and the product application in cement production. The population is increasing rapidly in India and shrinking the land available for cultivation.
This is increasingly growing the importance of fertilizers and agrochemicals to enhance the productivity of the land and contribute to the growth of dolomite consumption over the forecast period. Other factors such as rising urbanization, increasing disposable income, increasing consumption of processed food, and the emergence of nuclear families generate demand for agriculture and therefore, increase dolomite demand.
According to India Brand Equity Foundation (IBEF), the food & agricultural industry is poised to proliferate in India owing to the potential contribution towards world food trade within the food processing industry. As a result, the government is taking initiatives to improve agricultural productivity.
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Horizon Databook provides a detailed overview of country-level data and insights on the India dolomite market , including forecasts for subscribers. This country databook contains high-level insights into India dolomite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India dolomite market size, by product, 2018-2030 (US$M)
India Dolomite Market Outlook Share, 2024 & 2030 (US$M)
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