Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

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.

The global industrial garnet market is projected to reach around US$ 557.3 million by the end of 2027, in terms of revenue, growing at CAGR of 5.3% during the forecast period (2020-2027).

Drivers:

Rising demand for garnet from various manufacturing industries due to its excellent properties hardness, inertness, and resistance to degradation is expected to propel the market growth of garnets. These properties of garnets provide superior performance compared to other minerals. Because of its high-performance properties which makes it ideal abrasive and filtration raw material. This is expected to augment the market growth of industrial garnet.

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.

Figure 1. Global Industrial Garnet Market Share (%) in terms of Value, By Region, in 2019

Industrial Garnet  | Coherent Market Insights

North America region dominated the global industrial garnet market in 2019, accounting for 27.5% share in terms of value, followed by Asia Pacific and Europe, respectively.

Market Restraints

Environmental issues associated with the mining of gemstones such as land degradation, contamination of water, and effects on biodiversity and wild is expected to hamper the market growth of industrial garnet.

Dispose of chemicals used in garnet manufacturing such as the polishing and cutting process is another major factor expected to hinder the market growth of industrial garnet.

Market Opportunities

The growing use of industrial garnet as a proppant across few industries such as petroleum because it increased performance, reduce chemical leaching, and negative impact on the environment is expected to provide enormous growth opportunities to the market. Moreover, rising adoption of garnet across Oil & gas drilling industry as an oil & gas reservoir fracturing proppant is further expected to foster the market growth of the industrial garnet.

Increasing focus of manufacturers on the recycling of used garnet by introducing new equipment and technology in order to reduce the volume of garnet disposal is expected to augment the market growth. The recycled garnet can retain good quality and can be resold for various industrial applications. This is expected to accelerate the market growth of industrial garnet.

Figure 2. Global Industrial Garnet Market– Opportunity Analysis

Industrial Garnet  | Coherent Market Insights

Market Trends

Increasing focus of the government to increase the mining of garnet is expected to augment the market growth of industrial garnet over the forecast period. Various countries of government are encouraging manufacturers to increase the mining of garnets in order to meet the rising demand around the globe. Thus, increasing such initiatives from the government in order to increase the mining of garnet will favor the market growth of industrial garnet.

Rising trend of mining high-grade garnet ores across countries such as China, India, and Australia which have abundant resources of garnet and also offer garnet products. The various manufacturer is highly focussing on mining of high-grade garnet along with the other marble, kyanite, and mica minerals that occur with the garnet are expected to augment the market growth of garnet over the forecast period.

Figure 3. Global Industrial Garnet Market Share (%) in terms of Value, By Application, in 2019

Industrial Garnet  | Coherent Market Insights

On the basis of application in 2019, the abrasive blasting segment has accounted the largest market share of 52.1% in terms of value, followed by water jet cutting and water filtration respectively

Competitive Section:

Company Names 

  1. GMA Garnet Group
  2. Indian Ocean Garnet Sands Company Ltd.
  3. Trimex Sands Private Limited
  4. Barton International
  5. Zircon Mineral Co.
  6. Mohawk Garnet Inc.
  7. Opta Minerals Inc.
  8. V.V. Mineral Pvt. Ltd.
  9. Beach Minerals Company
  10. Rizhao Garnet Ltd.

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 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.

Key features of the study:

  • This report provides in-depth analysis of the global industrial garnet market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global industrial garnet market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include GMA Garnet Group, Indian Ocean Garnet Sands Company Ltd., Trimex Sands Private Limited, Barton International, Zircon Mineral Co., Mohawk Garnet Inc., Opta Minerals Inc., V.V. Mineral Pvt. Ltd., Beach Minerals Company, and Rizhao Garnet Ltd.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global industrial garnet market report caters to various stakeholders in this industry including investors, suppliers, industrial garnet manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the industrial garnet market

Detailed Segmentation:

  • Global High Purity Quartz Market, By Product Type:
    • Almandine
    • Andradite
    • Grossular
    • Pyrope
    • Spessartine
    • Uvarovite
  • Global High Purity Quartz Market, By Application:
    • Water Jet Cutting
    • Abrasive Blasting
    • Water Filtration
    • Abrasive Powders
    • Others
  • Global High Purity Quartz Market, By Region:
    • North America
      • U.S.
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Canada
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
    • Europe
      • U.K.
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Germany
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • France
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Italy
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Spain
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Russia
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Rest of Europe
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
    • Asia Pacific
      • China
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • India
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Japan
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • ASEAN
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Australia
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • South Korea
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Rest of Asia Pacific
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
    • Latin America
      • Brazil
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Mexico
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Rest of Latin America
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
    • Middle East
      • GCC
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Israel
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Rest of Middle East
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
    • Africa
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • Central Africa
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
      • South Africa
        • By Product Type:
          • Almandine
          • Andradite
          • Grossular
          • Pyrope
          • Spessartine
          • Uvarovite
        • By Application:
          • Water Jet Cutting
          • Abrasive Blasting
          • Water Filtration
          • Abrasive Powders
          • Others
  • Company Profiles
    • GMA Garnet Group *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Indian Ocean Garnet Sands Company Ltd.
    • Trimex Sands Private Limited
    • Barton International
    • Zircon Mineral Co.
    • Mohawk Garnet Inc.
    • Opta Minerals Inc.
    • V. Mineral Pvt. Ltd
    • Beach Minerals Company
    • Rizhao Garnet Ltd.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Industrial Garnet Market, By Product Type, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Almandine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Andradite
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Grossular
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Pyrope
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Spessartine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Uvarovite
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  5. Global Industrial Garnet Market, By Application, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Water Jet Cutting
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Abrasive Blasting
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Water Filtration
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Abrasive Powders
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  6. Global Industrial Garnet Market, By Region, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Region, 2020 – 2027 (%)
    • North America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
          •  
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Middle East
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Africa
      • Market Share Analysis, By Sub-region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Sub-region, 2020 – 2027 (%)
        • North Africa
          • Sub-region Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Central Africa
          • Sub-region Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • South Africa
          • Sub-region Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • GMA Garnet Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Indian Ocean Garnet Sands Company Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Trimex Sands Private Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Barton International
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Zircon Mineral Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Mohawk Garnet Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Opta Minerals Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • V.V. Mineral Pvt. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Beach Minerals Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Rizhao Garnet Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

Frequently Asked Questions

The market for industrial garnet is estimated to surpass US$ 844.0 million by 2027, exhibiting a CAGR of 5.3% between 2020 and 2027.
Rising demand for garnet from various manufacturing industries due to its excellent properties hardness, inertness, and resistance to degradation is expected to propel the market growth of garnets.
The industrial garnet market is expected to exhibit a CAGR of 5.3% during the forecast period (2020-2027).
Major players operating in the global industrial garnet market include GMA Garnet Group, Indian Ocean Garnet Sands Company Ltd., Trimex Sands Private Limited, Barton International, Zircon Mineral Co., Mohawk Garnet Inc., Opta Minerals Inc., V.V. Mineral Pvt. Ltd., Beach Minerals Company, and Rizhao Garnet Ltd.
Environmental issues associated with the mining of gemstones such as land degradation, contamination of water, and effects on biodiversity and wild is expected to hamper the market growth of industrial garnet.
Increasing focus of the government to increase the mining of garnet is expected to augment the market growth of industrial garnet over the forecast period. Various countries of government are encouraging manufacturers to increase the mining of garnets in order to meet the rising demand around the globe. Thus, increasing such initiatives from the government in order to increase the mining of garnet will favor the market growth of industrial garnet.
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