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The global Industrial Garnet market was valued at US$ 385.7 million in 2022 and is projected to reach US$ 552.3 million by 2029, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Industrial Garnet is a good abrasive, and a common replacement for silica sand in sand blasting. As an abrasive garnet can be broadly divided in two categories; blasting grade and water jet grade.
This report aims to provide a comprehensive presentation of the global market for Industrial Garnet, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Garnet. This report contains market size and forecasts of Industrial Garnet in global, including the following market information:
Global key manufacturers of Garnet are GMA Garnet, V.V. Mineral, Rizhao Garnet and Trimex Sands.
Garnet is used for a range of applications such as Water Jet Cutting, Abrasive Blasting, Water Filtration, Abrasive Powders and others. Globally, the Garnet market is mainly driven by growing demand for Water Jet Cutting which accounts for nearly 37% of total downstream consumption of Garnet in 2019.
According to our research and analysis, because India and Australia crude garnet concentrate are rich in resources, manufacturers from India and Australia are the major leaders in the international market of Garnet.
There are many members in the garnet family, Almandine and Pyrope are main member, Almandine takes 81% in global production of garnet in 2019.
We surveyed the Industrial Garnet manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Garnet Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Industrial Garnet Market Segment Percentages, by Type, 2022 (%)
Global Industrial Garnet Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Industrial Garnet Market Segment Percentages, by Application, 2022 (%)
Global Industrial Garnet Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Industrial Garnet Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Garnet revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Garnet revenues share in global market, 2022 (%)
Key companies Industrial Garnet sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Industrial Garnet sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: