According to a market report by Lucintel, the future of the global industrial garnet market looks promising with opportunities in the water jet cutting, abrasive blasting, water filteration, and abrasive powders markets. The global industrial garnet market is expected to reach an estimated $0.91 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increasing demand for garnet from various manufacturing industries and growing adoption of garnet as a suitable alternative of hazardous minerals.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in industrial garnet market to 2030 by product type (almandine, andradite, grossular, pyrope, spessartine, and uvarovite), application (water jet cutting, abrasive blasting, water filteration, abrasive powders, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, almandine, andradite, grossular, pyrope, spessartine, and uvarovite are the major segments of industrial garnet market by product type. Lucintel forecasts that almandine is expected to witness the highest growth over the forecast period due to its lower cost and versatile nature.
Within this market, water jet cutting will remain the largest segment.
Download sample by clicking on industrial garnet market
APAC is expected to witness highest growth over the forecast period due to rapid economic growth, industrial expansion, and on-going infrastructural expansion in the region.
GMA Garnet, Indian Ocean Garnet Sands Company, Trimex Sands, Barton, Zircon Mineral, Mohawk Garnet, and Opta Minerals are the major suppliers in the industrial garnet market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com