Turkey Dolomite Market Size & Outlook, 2022-2030
Turkey dolomite market, 2018-2030 (US$M)
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Turkey dolomite market highlights
- The Turkey dolomite market generated a revenue of USD 99.6 million in 2022 and is expected to reach USD 168.4 million by 2030.
- The Turkey market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
- In terms of segment, agglomerated 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 99.6 million |
| Market revenue in 2030 | USD 168.4 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Agglomerated |
| 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, Turkey accounted for 5.5% 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 Europe, Turkey dolomite market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 168.4 million by 2030.
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Dolomite Market Scope
Dolomite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Turkey 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.
Agglomerated was the largest segment with a revenue share of 40.06% in 2022. Horizon Databook has segmented the Turkey dolomite market based on calcined, sintered, agglomerated covering the revenue growth of each sub-segment from 2018 to 2030.
Turkey is a significant producer and The rising production & export of steel and the availability of dolomite resources in the country make it among Europe's largest dolomite markets. The recent earthquake in Turkey in February 2023 led to major infrastructural destruction in the country. The earthquake caused steel production to halt temporarily.
However, production resumed slowly as the threat of earthquake passed. The country is expected to be investing heavily in recovering the infrastructure losses, which is expected to generate demand for cement & steel consumption and eventually benefit the dolomite market.
Turkish steel production is driven by economic growth, infrastructure investments in oil & gas sector, and investments in construction and wastewater treatment industries. The growth in steel production can be attributed to the realization of several infrastructure projects such as the Trans Anatolian Natural Gas Pipeline Project in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Turkey dolomite market , including forecasts for subscribers. This country databook contains high-level insights into Turkey dolomite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Turkey dolomite market size, by product, 2018-2030 (US$M)
Turkey Dolomite Market Outlook Share, 2022 & 2030 (US$M)
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