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Dolomite, a calcium magnesium carbonate mineral, makes up the majority of the sedimentary rock. It often develops due to the chemical transformation of limestone or lime mud, frequently in conjunction with the presence of groundwater that is high in magnesium. It often has a granular or crystalline texture and is white, grey, or pinkish in color.
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It is a common material in construction and road building because of its durability and resistance to weathering. In addition to serving as a soil conditioner and pH adjuster, dolomite is utilized in agriculture and horticulture as a source of calcium and magnesium. Dolomite is also used in the production of glass, pottery, and fertilizers, among other industrial products.
Key Details About the Dolomite Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Dolomite price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The dolomite price chart, including India Iron price, USA Iron price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Dolomite Price Trend:
Dolomite is a mineral made up of calcium magnesium carbonate, and it is an important resource due to its many industrial applications. It is the perfect building material due to its endurance and toughness. In concrete and asphalt combinations, it is frequently utilized as crushed stone or aggregate to give structures strength and stability. Refractory bricks, which are utilized in high-temperature industrial processes like glass and steel manufacture, are also made using it. The manufacturing of magnesium metal and alloys based on magnesium, which are used in the aerospace and automotive industries, heavily relies on dolomite. Due to its high magnesium concentration, it can also be used in agricultural settings as a soil conditioner to neutralize acidic soils and supply plants with vital minerals. Dolomite is also used as a filler in a variety of goods, including paints, plastics, and rubber, as well as in the production of ceramics and ceramic glazes. Due to its richness and adaptability, dolomite is a crucial mineral for many industrial industries.
Key Players:
- Omya AG
- Lhoist Group
- IMERYS Group
- RHU Magnesita N.V.
- Sibelco
News & Recent Development
- 04-April-2023: Dolomite Powder Market Size to be Driven by the Increasing Demand for Dolomite Powder in the Cement Manufacturing Process in the Forecast Period of 2023-2028- The infrastructure development and expanding residential and commercial construction activities are driving the market growth, which is being fueled by the increased demand for dolomite powder in the cement manufacturing process. In order to reduce soil acidity and improve crop quality, agriculture-grade dolomite powder is increasingly used in soils. This is expected to drive market expansion throughout the forecast period.
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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