Garnets are an important form of minerals that are used for making gemstones. Garnets are widely used in all types of jewelry. Garnets have wide applications in industry and garnet sand is used as a substitute for silica sand in sandblasting. Garnet sands are mixed with high-pressure water and used for cutting stainless steel, rubber, non-ferrous metals, glass and many more for water jets. Hardness and toughness of garnet are used for improving the efficacy of garnet in blasting and for decreasing the break down percentage which helps in increasing the global garnet sand market.
The main driving factors for the global garnet market is the demand for jewelry and gemstone. The value for garnet is increasing in industry applications as garnet is non-toxic, inert and eco-friendly. A number of synthetic and natural materials can be used instead of garnet for the coarse purposes, like diamond, corundum, staurolite, and others. Rise in inflation, labor cost and use of replacements can also hinder the growth of the market.
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The garnet market is divided on the basis of type, application, and region. Based on the type, the garnet industry is divided into andradite, pyrope, almandine, uvarovite, grossular, and spessartine. Almandine is projected to take over the global garnet industry in the coming years due to applications in manufacturing sector and infrastructure. Global garnet gemstone market is propelled to experience a significant growth over the forecast period.
Main trends that govern the industrial garnet market globally are increasing in demand for the garnet in oil refinery plant & petrochemical, concentrating on recycling the garnet, rise in demand for garnet in the repair work of ships and increase in demand for use of garnet in the production of parts of automobiles. The huge opportunity offered in the industrial garnet industry are that it can be used as proppant in many industries like petroleum because of its functions on improving performance and reducing the environmental impact and chemical leaching.
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Garnet Market is divided into industrial jewelry and others. The industrial sector is projected to increase the industry in the coming years. The industrial sector is divided into abrasive blasting, abrasive powder, water jet cutting, and water filtration. Jewelry sector is propelled to experience a growth rate in the global garnet gemstone market because of the rising in demand for gemstone and jewelry products. Automotive and fabrication industry to upsurge demand for products of water jet cutting which is anticipated to accelerate the demand for the industry in the coming years.
Key Segments in the “Global Garnet Market” are-
By type market is segmented into:
Andradite
Pyrope
Almandine
Uvarovite
Grossular
Spessartine
By Application market is segmented into:
Industrial
Abrasive blasting
Abrasive powder
Water jet cutting
Water filtration
Jewelry
By Regions market is segmented into:
Asia Pacific
Europe
North America
Latin America
Middle East & Africa
Category
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