South Korea Dolomite Market Size & Outlook, 2024-2030
South Korea dolomite market, 2018-2030 (US$M)
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South Korea dolomite market highlights
- The South Korea dolomite market generated a revenue of USD 19.0 million in 2022 and is expected to reach USD 31.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, calcined was the largest revenue generating product in 2022.
- Sintered is the most lucrative product segment registering the fastest growth during the forecast period.
Dolomite market data book summary
| Market revenue in 2022 | USD 19.0 million |
| Market revenue in 2030 | USD 31.3 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Calcined |
| Fastest growing segment | Sintered |
| 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, South Korea accounted for 1.1% 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 |
|---|
South Korea 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 41.05% in 2024. Horizon Databook has segmented the South Korea dolomite market based on calcined, sintered, agglomerated covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is among the largest steel-producing economies in the globe. As per the Korean Iron & Steel Association, steel is a key industry in South Korea, impacting the consumption of other end-use sectors such as construction, shipbuilding, and automobile. Steady material supply of steel plays a crucial role in the country’s economic growth.
The steel industry independently contributes to 1.5% of the country’s GDP. Therefore, the steel industry is crucial to the country, with the country majorly exporting passenger and cargo ships, vehicles, motor parts & accessories, among others. The country witnessed a decline of 6.5% compared to 2021.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea dolomite market , including forecasts for subscribers. This country databook contains high-level insights into South Korea dolomite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea dolomite market size, by product, 2018-2030 (US$M)
South Korea Dolomite Market Outlook Share, 2024 & 2030 (US$M)
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