The dolomite market in Middle East & Africa is expected to grow to US$ 1,317.11 million by 2028 from US$ 1,073.72 million in 2021. The market is estimated to grow at a CAGR of 3.0% from 2021 to 2028.
The hardness of dolomite makes it a superior construction material. Dolomite is used in the manufacturing of construction materials such as bricks, cement, concrete, and paving materials. It is crushed and sized for use as a road base material, railroad ballast, etc. Moreover, it is also used as an aggregate in concrete and asphalt mixes for a wide variety of construction applications, including highways, airport runways, residential streets and roadways, parking lots, sidewalks. It is also calcined in the production of cement. The world is witnessing a boom in commercial and industrial construction activities. Several mega projects are propelling the expansion of this industry. Further, the flourishing construction industry in the region is provides opportunities for the growth of the dolomite market players.In the Middle East & Africa region, South Africa and Israel are among the major countries with a high number of COVID-19 confirmed cases and deaths. According to the International Finance Corporation, the COVID-19 pandemic has a severe impact on the economy of the Middle East & Africa which has led to declining in oil production, tourism, and remittances. The Middle East & Africa region comprises many growing economies, which are prospective markets for dolomite vendors. The pandemic has significantly slowed down the growth of the dolomite market in the region due to the negative impact upon the growth of industries such as construction, iron and steel, and others.
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 Middle East & Africa dolomite market is expected to grow at a good CAGR during the forecast period.
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Middle East & Africa Dolomite Market Segmentation
Middle East & Africa Dolomite Market – By Application
- Agriculture
- Animal Feed
- Ceramics and Glass
- Iron and Steel
- Construction
- Others
Middle East & Africa Dolomite Market – By Country
- South Africa
- Saudi Arabia
- U.A.E
- Rest of Middle East & Africa
Middle East & Africa Dolomite Market – Companies Mentioned
- LHOIST GROUP
- Sibelco
- RHI Magnesita GmbH
- JFE GROUP
- Omya AG
- Beihai
- Calcinorn
- Essel Mining & Industries Limited
- INCA MINING
- Arihant Min chem
Middle East and Africa Dolomite Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 1,073.72 Million |
Market Size by 2028 | US$ 1,317.11 Million |
CAGR (2021 - 2028) | 3.0% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Application
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
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- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Regional, Country
- Industry and Competitive Landscape
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