Dolomite Powder Market Size

Dolomite Powder Market size was valued at USD 3.12 Billion in 2023 and is poised to exceed USD 5.13 Billion by the end of 2036, registering over 3.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of dolomite powder is evaluated at USD 3.23 Billion. The dolomite powder sector is receiving immense demand in the construction industry owing to its wide application in the construction sector. It is used in the production process of the two most significant construction materials i.e. steel and cement.

Dolomite powder is used as a very important material in the manufacturing of concrete and is heated to produce cement. The durability of concrete is shown to increase when dolomite powder is used in place of cement. The 28th-day tensile and flexural strength maximum increases were determined to be 10.4% and 17.8%, respectively, at the replacement level of 10%, which is considered to be the ideal substitution amount of cement with dolomite powder.

Besides the construction sector, dolomite powder usage can also widely be seen in the steel industry to remove impurities from slag during the manufacturing of steel. Additionally, open-hearth steel furnace refractory linings are made of dolomite powder.

The market is anticipated to expand rapidly owing to increased steel production and consumption. About 98% of the raw materials required to produce crude steel are turned into goods and byproducts, according to the world steel association. Zero waste is the industry's objective. The market is likely to witness sales opportunities as a result of the increased focus on recycling steel.