In 2023, the volume of dolomite sold or used for construction purposes in the US, stood at 195.9 thousand metric tons. From 2024 onwards, a steady decline is forecasted, with a year-on-year decrease of approximately 4.9% in 2025, 5.0% in 2026, 5.2% in 2027, and 5.4% in 2028. The five-year Compound Annual Growth Rate (CAGR) is expected to be around -5.0%, indicating a consistent downward trend in usage or sales volume.
Future trends to watch for:
- Potential shifts in the construction industry’s demand for alternative aggregates due to sustainability efforts.
- Technological advancements that might offer new uses or improved efficiency in dolomite applications.
- Economic factors that could stabilize or reverse the current declining trend, such as changes in construction market conditions or new infrastructure projects.
