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.- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Asia Pacific Dolomite – Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.5 Dolomite Mining Process:
5. Asia Pacific Dolomite Market – Key Market Dynamics
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact Analysis
6. Asia Pacific Dolomite – Market Analysis
6.1 Asia Pacific Dolomite Market Overview
6.2 Asia Pacific Dolomite Market –Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific Dolomite Market Analysis – By Application
7.1 Overview
7.2 Asia Pacific Dolomite Market, By Application (2020 and 2028)
7.3 Agriculture
7.3.1 Overview
7.3.2 Agriculture: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Animal Feed
7.4.1 Overview
7.4.2 Animal Feed: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Ceramics and Glass
7.5.1 Overview
7.5.2 Ceramics and Glass: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Iron and Steel
7.6.1 Overview
7.6.2 Iron and Steel: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Construction
7.7.1 Overview
7.7.2 Construction: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Dolomite Market – Country Analysis
8.1 Overview
8.1.1 Asia Pacific: Dolomite Market, by Key Country
8.1.1.1 India: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.1.1 India: Dolomite Market, By Application
8.1.1.2 Australia: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 Australia: Dolomite Market, By Application
8.1.1.3 China: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.3.1 China: Dolomite Market, By Application
8.1.1.4 Japan: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.4.1 Japan: Dolomite Market, By Application
8.1.1.5 South Korea: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.5.1 South Korea: Dolomite Market, By Application
8.1.1.6 Rest of Asia Pacific: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.6.1 Rest of Asia Pacific: Dolomite Market, By Application
9. Asia Pacific Dolomite Market – Impact of COVID-19 Pandemic
9.1 Impact of COVID-19 on Dolomite Market
10. COMPANY PROFILES
10.1 Beihai Group
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Essel Mining & Industries Limited
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 JFE GROUP
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 LHOIST GROUP
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Sibelco
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 RHI Magnesita GmbH
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Arihant Min chem
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Omya AG
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary
LIST OF TABLES
Table 1. Asia Pacific Dolomite Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. India Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 3. Australia Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 4. China Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Japan Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 6. South Korea Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Rest of Asia Pacific Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Glossary of Terms, Dolomite Market
LIST OF FIGURES
Figure 1. Asia Pacific Dolomite Market Segmentation
Figure 2. Asia Pacific Dolomite Market Segmentation – By Country
Figure 3. Asia Pacific Dolomite Market Overview
Figure 4. Iron and Steel Segment Held Largest Share of Asia Pacific Dolomite Market
Figure 5. China Region Held Largest Share of Asia Pacific Dolomite Market
Figure 6. Asia Pacific Dolomite Market, Industry Landscape
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Dolomite Market Ecosystem
Figure 10. Asia Pacific Dolomite Market Impact Analysis of Drivers and Restraints
Figure 11. Asia Pacific Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Asia Pacific Dolomite Market Revenue Share, By Application (2020 and 2028)
Figure 13. Agriculture: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Animal Feed: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Ceramics and Glass: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Iron and Steel: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Construction: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Others: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Geographic Overview of Asia Pacific Dolomite Market
Figure 20. Asia Pacific: Dolomite Market Revenue Share, by Key Country (2020 and 2028)
Figure 21. India: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Australia: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. China: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Japan: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. South Korea: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Asia Pacific: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in Asia Pacific
- LHOIST GROUP
- Sibelco
- RHI Magnesita GmbH
- JFE GROUP
- Omya AG
- Beihai
- Essel Mining & Industries Limited
- Arihant Min chem
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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