The dolomite sold or used for construction purposes as bituminous aggregate, coarse in the US, experienced a consistent decline from 2016 to 2020, with values dropping sharply year on year. The compound annual growth rate (CAGR) over these five years reveals a significant average annual decrease in demand. In 2024, the data is forecasted, and while the latest figures from 2023 are unavailable, if the trend follows historical patterns, the market may remain in decline or stabilize depending on new infrastructure developments or regulatory changes.
Future trends to watch for include:
- The impact of infrastructure stimulus packages which could temporarily boost demand.
- Technological advancements in construction promoting alternative materials over dolomite.
- Environmental regulations that may discourage the use of dolomite in construction applications.