Industrial Garnet Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026
Select Access Type
Introduction
Garnets are treasurable stone comprising deep red vitric silicate minerals and are used for numerous industrial and commercial purposes. Garnet came into existence from Latin word, granatus meaning grain. Different forms of garnet are found with analogous physical properties but dissimilar chemical arrangement. Garnet are available in various colors containing red, black, green, blue, pink, yellow, brown, purple, orange, and colorless. Andradite, spessartine, uvarovite, almandine, grossular, and pyrope are six minerals which are observed from the garnet family. Garnet has several outstanding properties such as resistance, hardness, and inertness that make it commercially sustainable.
Market Dynamics
Stringent government regulations to prohibit the use of hazardous and dangerous minerals such as slag and silica are some factors driving the growth of global industrial garnet. On the other hand, easy availability and accessibility of low-cost alternatives such as staurolite, quartz sand, illmenite, and fused aluminum oxide is a majorly restraining growth of the global industrial garnet market. Significant investment in the defense segment and development of other industries, grander characteristics of garnet over other minerals, growing government initiatives and inclination towards mining activities are expected to boost the growth of this market in forecast period.
Market Classification
The industrial garnet market is bifurcated on the basis of product type, application and geography. On the basis of product type industrial garnet market is further segmented into uvarovite, grossular, spessartine, pyrope, almandine, and andradite. Based on application market is sub-classified into water filtration, abrasive blasting, water jet cutting, abrasive powders, and others. By geography, the industrial garnet market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
Report Coverage
Market |
Global Industrial Garnet Market |
Analysis Period |
2015 – 2026 |
Historic Data |
2015 – 2016 |
Base Year |
2017 |
Forecast Data |
2018 – 2026 |
Market Stratification |
Product Type, Application, Geography |
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the major players involved in industrial garnet market include
- Opta Minerals Inc.
- Beach Minerals Company
- Zircon Mineral Co.
- Trimex Sands Private Limited
- Indian Ocean Garnet Sands Company Ltd.
- Mohawk Garnet Inc.
- Barton International
- V.V. Mineral Pvt. Ltd.
- GMA Garnet Group
- Rizhao Garnet Ltd
- Others
Market Segmentation
Market By Product Type
- Uvarovite
- Grossular
- Spessartine
- Pyrope
- Almandine
- Andradite
Market By Application
- Water Filtration
- Abrasive Blasting
- Water Jet Cutting
- Abrasive Powders
- Others
Market By Geography
-
North America
- U.S.
- Canada
- Mexico
-
Europe
- UK
- France
- Germany
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
-
Latin America
- Brazil
- Chile
- Rest of LATAM
-
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA