Industrial Garnet Market
Garnets belong to the silicate mineral group and are one of the toughest minerals, which makes it ideal for use as an effective abrasive across various manufacturing facilities. Garnet is mainly found across igneous, metamorphic, and sedimentary rocks. Garnet is mostly mined for industrial applications and very few numbers of garnet are flawless and pure to be mined as a gemstone. However, most of the garnets are crushed and used to make abrasives across various industries. Garnet is also used to be garnet sandpaper, discs, sanding belts, and strips.
Market Dynamics
Garnet is considered as a suitable alternative of hazardous minerals such as silica and slags contain silica and other toxic metals are expected to propel the market growth of garnets. Garnet is a suitable alternate source of the aforementioned minerals and is also eco-friendly. Moreover, various have banned the use of silica minerals due to rising environmental concerns and need to reduce the health risk associated with the exposure. This is projected to augment the market growth of garnets.
Rising demand for industrial garnet from the automotive industry as an abrasive for manufacturing of automobile parts is anticipated to accelerate the market growth of industrial garnet. Automobile manufacturers across the developed region such as Europe and North America are rapidly adopting industrial garnet for the water jet cutting application for manufacturing of automobile parts such as chassis and gears. This is expected to fuel market growth of industrial garnet over the forecast timeframe.
Availability of various abrasive that are natural and can be used across various end-use industries is expected to restrict the market growth industrial garnet. For example, magnetite, illmenite, and certain plastics can be used as filtration media in place of Industrial Garnet. Also, staurolite and aluminum oxide can be used as sandblasting materials. Thus, the wide availability of such minerals that are best alternative of garnet is expected to restrict market growth of industrial garnet.
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