Dolomite Powder Market Share

North American Market Statistics

The dolomite powder market in North America is set to account for the largest market share of 35% throughout the projected period owing to the growing steel manufacturing industry in the region. Additionally, the United States is the largest consumer of steel in terms of construction and automotive application which is estimated to drive the market expansion. Moreover, the substantial development in mining activities over the years is also estimated to impact market growth. In 2018, around 26 billion tons of mining products were excavated in the North American region.

APAC Market Analysis

The dolomite powder market in the Asia Pacific region is assumed to witness modest growth in the period between 2023 - 2036 on the back of growing mining activities in the region, along with rapid growth in the construction industry. The Asia Pacific region is home to the world's largest market for the building and construction industry i.e., China and India. The escalating demand for dolomite powder in the production of cement and steel in the region is expected to propel regional market growth. Moreover, the growing usage of animal feed is also anticipated to propel the market demand in this region.