Global Dolomite Mining Market Overview:
Dolomite refers to the mineral consist of carbonate of calcium and magnesium. It is a rich source of magnesium. Dolomite has numerous application in the construction industry such as road base material, an ingredient in the production of ceramics, bricks, glass. Market players are focusing on the development of efficient transportation channels for dolomite and technological development to improve their operational capability in the mining market. Further, increasing demand from the developing economies owing to rise in mining infrastructure expected to drive the demand for dolomite mining over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emphasizing On Mining Automation and Increasing Applications of Dolomite in the Horticulture for Ph Buffering
Market Growth Drivers:
Government Initiatives for Mining Exploration Activities and Rising Demand of Dolomite for Float Glass Production and Iron Smelting
Challenges:
Increasing Environmental Concerns over Mining
Restraints:
High Cost Associated With Mining Automation and Lack of Skilled Labor to Adopt New Technology
Opportunities:
Increasing Demand from the Developing Countries Owing to Rise in Mining Infrastructure and Growing Automated Techniques Such As Robotic Mining for Mining Exploration Activities
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are JFE mineral Companies Ltd. (Japan), Infrasors Holding Limited (South Africa), DMITRE (Australia), Arrium mining and materials (Australia) and Essel Mining and Industries Limited (India). Additionally, following companies can also be profiled that are part of our coverage like Dolomite Mining Corporation (India) and Inca mining (Australia). Analyst at AMA Research see Australia Vendors to retain maximum share of Global Dolomite Mining market by 2030. Considering Market by Crystal Structure, the sub-segment i.e. Non Planar will boost the Dolomite Mining market. Considering Market by Crystal Size, the sub-segment i.e. Unimodal will boost the Dolomite Mining market.
Latest Market Insights:
In January 2023, RHI Magnesita has acquired Jinan New Emei Industries Co. Ltd., a Chinese refractory manufacturer. The acquisition will allow RHI Magnesita to expand its product line in steel flow control refractories. It will also provide extra manufacturing capacity to increase refractory supply in China and the wider East Asia area.
In April 2022, Backtrace Holdings Ltd - a world leader in Productizing Science® - has launched 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.
“Stringent regulations have been imposed by various governing bodies such as Environmental Protection Agency (EPA), Indian Bureau of Mines (IBM), United States Bureau of Mines, and others. Some common restrictions stated are government-approved permits are required for all new and ongoing mining operations, including exploration activities. This permitting process ensures that environmental standards are maintained from the beginning to the end of mining and metal production operations. New mine developments are now required to have operation and closure plans that define how a specific site will be reclaimed upon cessation of mining. This attention to the full life-cycle of a mining site prevents negative environmental impacts.”
What Can be Explored with the Dolomite Mining Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Dolomite Mining Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Dolomite Mining
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Dolomite Mining market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Dolomite Mining market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Mining Equipment Manufacturers, Mining Companies, Government Bodies, Venture Capitalists, and Private Equity Firms, Research Institutes and Organizations, System Integrators, Original Equipment Manufacturers, Safety Equipment Vendors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.