Asia Pacific Dolomite Market Key Players and Opportunities by 2028

The dolomite market in Asia Pacific is expected to grow to US$ 20,008.26 million by 2028 from US$ 15,347.33 million in 2021. The market is estimated to grow at a CAGR of 3.9% from 2021 to 2028.

Elevating opportunities in untapped market segments and countries is expected to drive the market. The demand for dolomite is directly linked to its application in various end-use industries including its use in construction, ceramics, and glass industries. The developing countries offer a huge potential for dolomite manufactures, with the rise investments and government support for infrastructure development. The growth of these industries provides potential opportunities for the growth of the dolomite market in the coming years.

The COVID-19 pandemic is anticipated to cause a significant economic loss in Asia-Pacific. The consequence and impact can be even worse, and they totally depend on the spread of the virus. The Asian economies have been hit hard due to the pandemic. The emergence of new COVID-19 waves in India, Thailand, and other Asian economies has prolonged the effect of pandemic upon GDP. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of Asia-Pacific. However, the uncertainty regarding the future outbreak, especially in countries such as India and few other Asian countries, has altered the status of several industrial sectors. The governments of various Asia Pacific economies are taking possible steps to restrict the spread of the virus by announcing country-wide lockdown, which have a direct impact upon the growth of industrial sectors. This may impact the demand for dolomite. In China, several mines and plants had temporarily ceased production activities. The deliveries and shipments were either delayed or rescheduled, and there was also a shortage of workers. However, the market is expected to witness an increase in investment by players to tap the prevailing opportunities as well as cater to expanding demand for dolomite in post-pandemic times.

With the new features and technologies, companies can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the dolomite market. The Asia Pacific dolomite market is expected to grow at a good CAGR during the forecast period.

Asia Pacific Dolomite Market Segmentation

Asia Pacific Dolomite Market – By Application

• Agriculture
• Animal Feed
• Ceramics and Glass
• Iron and Steel
• Construction
• Others

Asia Pacific Dolomite Market – By Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC

Asia Pacific Dolomite Market – Companies Mentioned

• LHOIST GROUP                                             
• Sibelco                                                               
• RHI Magnesita GmbH         
• JFE GROUP       
• Omya AG                                                                                                                                     
• Beihai                                                     
• Essel Mining & Industries Limited           
• Arihant Min chem                                     

Asia Pacific Dolomite Report Scope