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Middle East and Africa Dolomite Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Iron and Steel, Construction, Agriculture, Animal Feed, Ceramics and Glass, and Others)
Market Introduction
The dolomite market in the Middle East & Africa is sub segmented into South Africa, Saudi Arabia, UAE, and the Rest of the Middle East & Africa. Owing to rapid infrastructure development, Dubai, Abu Dhabi, and Iran are among the major contributors to the market growth in this region. Shift in consumer lifestyles, coupled with industrialization and urbanization, boost the demand for construction activities, thereby stimulating the adoption and mining of dolomite as a construction aggregate. Various government initiatives such as Qatar National Vision 2030, Saudi Vision 2021, Dubai Vision 2021, and South Africa National Development Plan 2030 would provide thrust to the development of non-oil sectors, such as construction, iron, and steel, which will add to the demand for dolomite among these industries. According to the World Trade Integrated Solutions, the UAE and South Africa were among the leading dolomite exporting countries in 2018. The presence of several mining sites in South Africa and the UAE is also driving the dolomite market growth in the Middle East & Africa.
In the Middle East & Africa region, South Africa and Israel are among the major countries with 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 decline 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 dolomite market in the region due to negative impact upon the growth of industries such as construction, iron and steel, and others.
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Market Overview and Dynamics
The dolomite market in Middle East & Africa is expected to grow 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. Dolomite has a wide scope of applications in end-user industries such as construction, iron and steel, ferroalloys, ceramics and glass, agriculture, and animal feed. Its preference and adoption in industries depends on the grade of the rock. Dolomite is a commonly used substance in the construction industry because of its hardness and density. It is used in the manufacturing of bricks, cement, concrete, paving materials, etc. In the iron and steel industry, dolomite is used in three forms—raw dolomite, calcined dolomite, and sintered dolomite. In the iron and steel industry, it is mainly used as a fluxing material for the protection of refractory lining, and as a refractory raw material. Raw dolomite or calcined dolomite is used as a fluxing material. The use of dolomite as a flux has grown, particularly, due to growing concerns regarding contamination. The material is also used as a refractory material in steel factories. Dolomite is used for acid neutralization in the chemicals industries and stream restoration projects. It is also used as a source of magnesia (MgO), a feed additive for livestock. Dolomite is an important component in animal feed because of its high magnesium and calcium carbonate content. In farming, it is also used as a soil conditioner to neutralize acidity. It helps change the pH of the soil by bringing it to match the plant’s needs, thereby improving the crop yield. In fertilizers, paints & varnishes, dolomite is used as a filler. Dolomite is used in the manufacture of automotive glass, construction glass, fiberglass, etc., for improving the viscosity of the glass melt; it also increases the scratch and chemical resistance of the glass. The growing glass industry in the region contributes to the market growth. Further, dolomite is used as the host rock for lead, zinc, and copper deposits. Sometimes, it can be used as an oil and gas reservoir rock. When limestone is transformed into dolomite, the dolomitization process results in a minor volume reduction. This can produce a porosity zone in the strata where dolomitization has occurred. Subsurface fluids such as oil and natural gas can be trapped in these pore spaces. Thus, with the growth of various end-user industries, such as construction, iron and steel, and ceramics and glass, the demand for dolomite is also growing.
Key Market Segments
Middle East & Africa dolomite market is segmented based on application, iron and steel segment account for the largest share in the Middle East & Africa dolomite market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on dolomite market in Middle East & Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Lhoist Group; Sibelco; RHI Magnesita GmbH; JFE GROUP; Omya AG; Beihai; Essel Mining & Industries Limited; and INCA MINING among others.
Reasons to buy report
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa dolomite market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa dolomite market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the dolomite market as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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
- Essel Mining & Industries Limited
- INCA MINING
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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Dolomite – Market Analysis
6.1 Market Overview
6.2 Middle East & Africa Dolomite Market –Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Dolomite Market Analysis – By Application
7.1 Overview
7.2 Middle East & Africa 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. Middle East & Africa Dolomite Market – Country Analysis
8.1 Overview
8.1.1 Middle East & Africa: Dolomite Market, by Key Country
8.1.1.1 South Africa: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.1.1 South Africa: Dolomite Market, By Application
8.1.1.2 Saudi Arabia: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 Saudi Arabia: Dolomite Market, By Application
8.1.1.3 UAE: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.3.1 UAE: Dolomite Market, By Application
8.1.1.4 Rest of Middle East & Africa: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.4.1 Rest of Middle East & Africa: Dolomite Market, By Application
9. Middle East & Africa 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 INCA MINING
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 LHOIST GROUP
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 Sibelco
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 RHI Magnesita GmbH
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. Middle East & Africa Dolomite Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 3. Saudi Arabia Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 4. UAE Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Rest of Middle East & Africa Dolomite Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 6. Glossary of Terms, Dolomite Market
LIST OF FIGURES
Figure 1. Middle East & Africa Dolomite Market Segmentation
Figure 2. Dolomite Market Segmentation – By Country
Figure 3. Middle East & Africa Dolomite Market Overview
Figure 4. Iron and Steel Segment Held Largest Share of Middle East & Africa Dolomite Market
Figure 5. Rest of MEA Region Held Largest Share of Middle East & Africa Dolomite Market
Figure 6. Middle East & Africa Dolomite Market, Industry Landscape
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Dolomite Market Ecosystem
Figure 10. Middle East & Africa Dolomite Market Impact Analysis of Drivers and Restraints
Figure 11. Middle East & Africa Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Middle East & Africa 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. eramics 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 Middle East & Africa Dolomite Market
Figure 20. Middle East & Africa: Dolomite Market Revenue Share, by Key Country (2020 and 2028)
Figure 21. South Africa: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Saudi Arabia: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. UAE: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of Middle East & Africa: Dolomite Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic in Middle East & Africa
- LHOIST GROUP
- Sibelco
- RHI Magnesita GmbH
- JFE GROUP
- Omya AG
- Beihai
- Essel Mining & Industries Limited
- INCA MINING
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa dolomite market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa dolomite market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the dolomite market as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution