Industrial Garnet Market, By Product Type, By Application, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

PUBLISHED: June 23, 2023

PAGES: 110 Pages

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Description

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.

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 (2023-2030), considering 2022 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 up gradation, 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 analysing the industrial garnet market

Detailed Segmentation:

Global Industrial Garnet Market, By Product Type:
- Almandine
- Andradite
- Grossular
- Pyrope
- Spessartine
- Uvarovite
Global Industrial Garnet Market, By Application:
- Water Jet Cutting
- Abrasive Blasting
- Water Filtration
- Abrasive Powders
- Others
Global Industrial Garnet Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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.

Product Code: CMI3849

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, 2018 - 2030 (US$ Million)

Introduction
- Market Share Analysis, 2023 and 2030
- Y-o-Y Growth Analysis, 2018 - 2030 (%)
- Segment Trends
Almandine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)
Andradite
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)
Grossular
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)
Pyrope
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)
Spessartine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)
Uvarovite
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)

5. Global Industrial Garnet Market, By Application, 2018 - 2030 (US$ Million)

Introduction
- Market Share Analysis, 2023 and 2030
- Y-o-Y Growth Analysis, 2018 - 2030 (%)
- Segment Trends
Water Jet Cutting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)
Abrasive Blasting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)
Water Filtration
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)
Abrasive Powders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Million)

6. Global Industrial Garnet Market, By Region, 2018- 2030 (US$ Million)

Introduction
- Market Share Analysis, By Region, 2023 and 2030
- Y-o-Y Growth Analysis, By Region, 2018 - 2030 (%)
North America
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
U.S.
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Canada
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Europe
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
U.K.
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Germany
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
France
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Italy
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Spain
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Russia
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Rest of Europe
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Asia Pacific
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
China
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
India
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Japan
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
ASEAN
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Australia
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
South Korea
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Product Type, 2018- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2018- 2030 (US$ Million)
Latin America
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
Middle East
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
Africa
- Market Share Analysis, By Sub-region, 2023 and 2030
- Y-o-Y Growth Analysis, By Sub-region, 2018 - 2030 (%)

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.
- 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.