Dolomite Mining Market Report

Dolomite Mining Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2015 To 2022

Format: PDF  |  Report ID: GVR2196

Global dolomite mining market is expected to witness considerable growth over the next seven years owing to growing road construction industry in emerging economies such as Asia Pacific and Latin America. Dolomite rock known as dolostone is crushed and sized before it is used as a base material in road construction industry. Motorcycle speedway tracks across Australia and New Zealand are laid using dolostone. Increasing applications in horticulture, particle detectors, magnesium oxide, and iron smelting is anticipated to drive the overall market growth. It is added to soil as a magnesium source and pH buffering horticulture applications. Particle researchers use it to detect minute possible exotic particles in particle detectors. Increasing applications in float glass production is presumed to fuel product demand over the forecast period. Increasing usage in ceramic and pottery industry as a glaze ingredient is projected to be beneficial for the industry growth over the foreseeable future. Technological advancements resulting in mining and logistical efficiency coupled with increasing profit margins for miners is expected to positively aggravate product progress over the next seven years. Product transportation is expected to remain a major challenge for industry participants over the forecast period. High processing time required for license issues is anticipated to be a key challenge for industry players over the foreseeable future. Environmental concerns associated with these activities are presumed to be the major restraint to dolomite mining market over the forecast period.

On the basis of crystal structure, the industry has been segmented into non planar, planar-s and planar-e type. Planar-e type is anticipated to be the largest market segment owing to uniform throat sizes coupled with well interconnected pore system. Planar-s type dolomite is commonly referred as subhedral dolomite whereas planar-e type is commonly referred as euhedral dolomite. Non-planar type deposits are mainly observed at temperatures more than 50 degrees Centigrade. On the basis of crystal size distribution, global market has been classified into unimodal and polymodal. Unimodaldolomite is a unimodal structure or a single nucleation whereas polymodal is a polymodal structure or multiple nucleations event. Dolomite mining market classification can also be done on the basis of location of mines, technology and applications. Product is extracted using blasting and drilling techniques by surface quarrying. Surface quarrying is known as strip or pit mining in some instances.

Asia Pacific dolomite mining market is expected to witness significant growth over the forecast period owing to increasing road construction activities in the region. China is anticipated to be the frontrunner in the market over the foreseeable future. North America is projected to witness above average growth in dolomite mining market owing to rising demand from particle detectors along with magnesium oxide source applications. U.S. is presumed to be the leading consumer market owing to technological advancements in mining and logistics activities over the forecast period. Europe is anticipated to observe average industry development on account of increasing mining activities in countries including Austria, Italy, Hungary and Ireland. Latin America is expected to witness significant dolomite mining market growth owing to increasing applications in float glass production and horticulture industry. Brazil is anticipated to be the frontrunner in the region over the foreseeable future. Middle East and Africa are presumed to witness considerable dolomite mining market growth over the forecast period on account of rising product demand in countries such as South Africa, Iran, Algeria leading from the front.

Key players operating in the global dolomite mining market include JFE mineral Companies Ltd., Essel Mining and Industries Ltd., Infrasors Holding Ltd., DMITRE (Department of Manufacturing, Innovation, Trade, Resources and Energy), Inca mining and Arrium mining and materials. Developing efficient transportation channels is anticipated to be major strategy followed by industry players to increase their profit margins along with market share.Developing suitable mining techniques aimed at mitigating environmental damage is presumed to be key strategy followed by industry participants to increase their market presence.

 

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