Dolomite Mining Market Size, Share, Growth Analysis, By Mineral type(raw dolomite, calcined dolomite, and sintered dolomite), By Application(construction, agriculture, animal feed, ceramics), By Region - Industry Forecast 2024-2031

Dolomite Mining Market size was valued at USD 1.9 billion in 2022 and is poised to grow from USD 1.97 billion in 2023 to USD 2.66 billion by 2031, growing at a CAGR of 3.80% during the forecast period (2024-2031).

The Dolomite market is partially fragmented. The major companies of the market studied include Sibelco, Calcinor, RHI Magnesita GmbH, JFE MINERAL Co., LTD and E. Dillon & Company among others. 'JFE Mineral Company Ltd.', 'Essel Mining & Industries Ltd.', 'Infrasors Holdings Ltd.', 'Inca Mining Pty Ltd.', 'Lhoist Group', 'Sibelco', 'Nordkalk Corporation', 'E. Dillon & Company', 'Specialty Minerals Inc.', 'Omya AG', 'Minerals Technologies Inc.', 'ZENITHminerals Limited', 'Magnesita Refratários S.A.', 'OAO Kovdorskiy GOK', 'JFE Steel Corporation', 'Carmeuse Group S.A.', 'Longcliffe Quarries Ltd.', 'RHI Magnesita N.V.', 'Sigma Minerals Ltd.', 'Bharat Mines & Minerals', 'In June 2022, a new and innovative two-stage crushing system was installed at the RHI-Magnesita’s main United States industrial site in York, Pennsylvania, which mines dolomite for the production of refractory materials.', 'In April 2022, Backtrace Holdings Ltd – a world leader in Productizing Science® – is excited to announce the launch of Particle Works, a spin-out of Dolomite Microfluidics. The official launch of this new brand took place at the LNP Formulation and Process Development Summit in Boston, MA, from the 12th to the 14th of April 2022.'

Multiple applications of dolomite in various industries are expected to stimulate market growth during the forecast period. Dolomite is widely used in the construction and building industries. Aggregates made from industrial waste dolomite have very high compression strength and resistance to abrasion and other mechanical impacts. To ensure the long life of building structures built on aggregate foundations and their safe use, dolomite aggregates must meet a variety of criteria and requirements, depending on their intended application.

Dolomite is essential in the oil and gas and biofuel industries for controlling density and refining biofuels. According to the press release, demand for biofuel is expected to rise by 3%. Dolomite is composed of 50% carbonate rocks and holds significant amounts of oil and gas in the world.

In terms of regions, Asia-Pacific is expected to be the largest and fastest growing dolomite market during the forecast period, with China and India leading the way. The market is growing due to the expansion of various end-use industries, such as construction and agriculture, which are generating massive demand for dolomites, as well as the presence of a large number of dolomite manufacturers in the Asia-Pacific region.