The global dolomite mining market size was valued at USD 15.23 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 2.6% from 2023 to 2030. The market growth is attributed to the expanding infrastructure and construction industry across the globe. Moreover, growing agricultural applications and increasing demand from the steel and glass industries for dolomite are driving market expansion. The dolomite mining industry is projected to witness significant growth over the coming years, owing to the rapidly rising construction sector in the emerging economies of Asia Pacific, such as India, China, Bangladesh, Thailand, Vietnam, and the Philippines.
The U.S. market for dolomite mining is mainly driven by the demand from transport infrastructure and construction industries. Producers focus on providing crushed dolomite stone products to the construction industry. The level of activity in commercial and residential construction markets, public infrastructure projects, and other types of construction projects plays a significant role in influencing market growth in the country.
Furthermore, supportive policies of the U.S. government related to infrastructure development have been playing a key role in driving market growth in recent years. For instance, in November 2021, the bipartisan infrastructure bill, exceeding USD 1 trillion, was officially signed into law by the U.S. government. This comprehensive package allocated USD 550 billion of new funds toward the development of key areas, including transportation, broadband infrastructure, and utilities.
North America dominated the market and accounted for the largest revenue share of 70.2% in 2022. This can be attributed to the presence of a large number of dolomite mines in the U.S. Approximately 99% of the mined dolomite is consumed domestically, particularly in construction activities.
Asia Pacific is expected to expand at a CAGR of 2.8% during the forecast period. Rapid industrialization in the region has caused an upsurge in investments in transport infrastructure, which is likely to spur market growth. For instance, the government of India announced an allocation of USD 22 billion for the country’s transportation sector in the FY 2020 union budget.
The renovation of the construction sector in Europe is anticipated to be a major factor in driving market expansion over the coming years. In Central & South America, Brazil and Argentina are anticipated to be the regional frontrunners over the foreseeable future. The resurgence of the construction industry, coupled with improving steel production in the region, is likely to support market growth during the projection period.
The construction materials segment held the dominant revenue share of 87.7% in 2022. The product is mainly used in the form of crushed stones in construction aggregate. Concrete and asphalt mixes prefer dolomite as a filler material, which is thereafter used in a variety of infrastructure projects, such as airport runways, highways, sidewalks, parking lots, residential streets, curbs, and roadways.
The steel segment is anticipated to register a CAGR of 3.0% over the forecast period. The steel industry is yet another principal application area of the product. In the steel industry, the product is used as a fluxing material, protective material for refractory lining, or refractory raw material. Rising steel production in emerging economies of Asia Pacific, such as China and India, is expected to boost segment growth.
The product is also used as a soil stabilizer in agriculture. Sometimes, agricultural soil can be overly acidic, which can hamper the growth of plants. The addition of alkaline products, such as dolomite, can greatly reduce the acidic nature of soil by increasing its pH level, thereby stabilizing the soil and making it suitable for agriculture. Rising awareness among farmers regarding techniques for improving the productivity of the soil is likely to play a major role in driving segment expansion.
Dolomite is one of the more important minerals in the glass industry, as MgO and CaO perform the role of network modifiers in the manufacturing process of glass. The glass industry prefers high-grade dolomite with the lowest possible iron and silica content. The glass production industry has been witnessing significant growth on account of increasing product demand from the architecture and packaging sectors for the past few years, thus driving the growth of the dolomite mining industry.
The market for dolomite mining is part of the significantly larger non-metallic mining industry. The market is highly fragmented, comprising independent miners as well as few global players. A large number of dolomite distribution yards globally are located near major metropolitan cities or areas in order to reduce transportation costs. Such regions generally have railways as a means of transportation. Producers generally opt for railways as a preferred mode owing to reduced transportation costs when compared to trucks.
In April 2022, the government of Bhutan allocated the dolomite mines in Chunaikhola and the gypsum mines in Khothakpa to a state-owned mining agency in consideration of the broader economic advantages, significant export potential in its primary form, sustainable development of mineral resources, and substantial revenue generation. The State Mining Corporation Limited (SMCL) entered into a mining lease agreement with the Department of Geology and Mines (DGM) to operate the dolomite mines in Samtse and the gypsum mines in Pemagatshel for a period of 15 years
In February 2022, United States Lime & Minerals Inc. completed the acquisition of Mill Creek Dolomite LLC, the dolomite business of Inter-Rock Minerals Inc., which is based in Oklahoma. Mill Creek Dolomite operates a plant in Mill Creek, Oklahoma. The exceptional purity and decrepitation characteristics of the Mill Creek dolomite deposit offer opportunities for the production of more valuable products. Mill Creek Dolomite focuses on catering to specialized markets, with a primary emphasis on the agricultural lime, roofing materials, and glass markets
In November 2020, Sibelco and CelSian formed a collaborative agreement to capitalize on their expertise and knowledge in raw materials and glass melting processes. Through the sharing of laboratory functions and joint research, both companies aim to enhance their services to customers in the glass industry. Sibelco specializes in offering a wide range of services to global customers in various glass sectors, including container, display, float, fibre, and specialty glass. Their materials portfolio includes silica sand, dolomite, low-iron silica sand, feldspar, coloring oxides, manganese, petalite, nepheline syenite, anorthosite, silica flour, and high-purity quartz
Market size value in 2023
USD 15.66 billion
Revenue forecast in 2030
USD 18.71 billion
CAGR of 2.6% from 2023 to 2030
Base year for estimation
2018 - 2021
2023 - 2030
Revenue in USD million, volume in kilotons, and CAGR from 2023 to 2030
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
U.S.; Canada; Mexico; U.K.; Germany; Spain; Belgium; Turkey; China; Japan; India; South Korea; Thailand; Brazil
Key companies profiled
RHI Magnesita; Imerys; Calcinor; Lhoist; Carmeuse; Sibelco; Omya AG; Essel Mining & Industries Limited (EMIL); JFE Mineral & Alloy Company, Ltd.
Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
Pricing and purchase options
Avail customized purchase options to meet your exact research needs. Explore purchase options
This report forecasts revenue and volume growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global dolomite miningmarket report based on application, and region:
Application Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
Ceramics & Glass
Paints & Coatings
Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
Central & South America
Middle East & Africa (MEA)
b. The global dolomite mining market size was estimated at USD 15.23 billion in 2022 and is expected to reach USD 15.66 billion in 2023.
b. The global dolomite mining market is expected to grow at a compound annual growth rate of 2.6% from 2023 to 2030 to reach USD 18.71 billion by 2030.
b. North America dominated the dolomite mining market with a share of over 70.0% in 2022. This is attributable to the presence of a large number of dolomite mines in the U.S. along with majority of the product being used for domestic consumption especially for construction activities.
b. Some key players operating in the dolomite mining market include Imerys, RHI Magnesita, Calcinor, Carmeuse, Lhoist, and Sibelco.
b. Key factors that are driving the dolomite mining market growth include the rising consumption of dolomite as an aggregate for construction application as well as an ingredient in cement manufacturing.
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Contact us now
"The quality of research they have done for us has been excellent."