Industrial Garnet Market Size, Share, Scope and Forecast 2034

 The industrial garnet market is expected to grow to a value of US$703.1 million by 2024. It is expected that the industry will grow at a rate of 5.4% CAGR between 2024 and 2034. It is expected that the industry will have grown to a value of US$ 1,189.7 million by 2034.

The growing demand for abrasive blasting processes in shipbuilding, metal fabrication, and the automotive industries is fueling an increase in demand for garnet in industry. Garnet is a highly efficient abrasive with high hardness, recyclability, and low dust generation, so it is popular in the marketplace for uses such as coating removal, surface preparation, and cleaning.

Get Free Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9422

Industry growth is due to ongoing advancements in industrial garnet processing technology. Refining, sorting, and extraction techniques are enhanced by developments that improve the quality and uniformity of garnet products. Not only do these technological advances make garnet perform better in a variety of applications, but they also provide potential for enhancing its utility, driving further industry growth.

Key Takeaways from the market Study

  • The industrial garnet market was estimated to be US$ 548.3 million in 2019 globally.
  • North America is forecasted to have a share in the market growing to 28.4% by the year 2024.
  • 21.3% of the market will be shared by East Asia in 2024.
  • The US market will be valued at US$ 132.4 million in the year 2024, and a forecasted market share is expected to be 66.3%.
  • The Chinese industrial garnet market is expected to reach US$ 136.9 million in 2024.
  • Based on estimates, the water jet cutting industry is expected to hold 34.5% of the market in 2024.

"The growing demand for green and eco-friendly industrial garnet products presents a window of opportunity for manufacturers. The adoption of eco-friendly processes can meet regulatory needs as well as consumer trends," says a Fact.MR analyst.

Major Companies Featured in This Report

  • GMA Garnet Group
  • Indian Ocean Garnet Sands Company Ltd
  • Trimex Sands Private Limited
  • Barton International
  • Zircon Mineral Co.
  • Mohawk Garnet Inc.
  • Opta Minerals Inc.
  • Beach Minerals Company
  • Rizhao Garnet Ltd
  • V.V. Mineral Pvt. Ltd

Competitive Landscape

In order to enhance productivity and quality of products, industrial garnet companies are adopting cutting-edge mining and processing technology. They utilize high-end extraction methods, precise sorting, and quality control procedures. Keeping in mind industrial demands and global standards, ecologically sound and sustainable operations with technology integration are also being given high priority.

Industrial garnet startups are continuously evolving by adopting environmentally friendly mining practices, employing better processing technology, and exploring new applications for garnets. They aim to revolutionize traditional practices, reduce their adverse impacts on the environment, and meet evolving consumer demands in industries such as industrial filtration, waterjet cutting, and abrasives.

Product Portfolio

  • Zircon Mineral Co. is widely recognized to provide zircon and other minerals to industry. Zircon Mineral Co. specializes in extracting, preparing, and distributing zircon sand and related minerals. Zircon Mineral Co. frequently provides high-grade zircon sand for foundry casting, ceramics, refractories, and production of zirconium metal. Zircon Mineral Co. also handles other mineral products such as garnet, ilmenite, and rutile.
  • Mohawk Garnet Inc. is widely recognized for prioritizing the delivery of high-grade garnet products. The company specializes in processing and mining industrial garnet and provides garnet abrasives for possible applications in sandblasting, water treatment, and cutting with water jets. Mohawk Garnet Inc. is noted to have achieved reputation through emphasis on quality assurance to ensure its garnet products meet industry quality requirements.

Read More: https://www.factmr.com/report/industrial-garnet-market 

More Valuable Insights Available:

Fact.MR offers an unbiased analysis of the global industrial garnet, providing historical data for 2019 to 2023 and forecast statistics from 2024–2034.

To understand opportunities in the industrial garnet market, the market is segmented on the basis of application (water jet cutting, abrasive blasting, water filtration, abrasive powders, others), and region (North America, Europe, Latin America, East Asia, South Asia & Oceania, Middle East & Africa).

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com

Comments

Post a Comment

Popular posts from this blog

Aircraft Seat Market - Growth Analysis and Forecast by 2034

  The aircraft seat market in North America is expected to increase at a compound annual growth rate (CAGR) of 6.5% through 2034. A surge in market demand in important nations, especially the United States and Canada, is the main cause of the noteworthy increase. With a projected 72.3% market share in 2024, the US led the business. The global aircraft seats market is projected to be valued US$4,595.2 million in 2024. It is predicted to grow at a 6.1% CAGR. By 2034, the market for airplane seats is projected to grow at a rate of US$ 8,307.3 million. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.factmr.com/connectus/sample?flag=S&rep_id=9534 The term "aircraft seat" describes the seats that are given to passengers during flight; these seats are made to guarantee comfort, safety, and effective use of the cabin's space. Class-based seating arrangements, including economy, business, and first class, are an essential component of an aircr...
Read more

Industrial Floor Scrubber Market Types, Key Players, Product, Demand & Industry Forecast till 2030

  Based on projections, the worldwide   industrial floor scrubber market   is expected to expand at a compound annual growth rate (CAGR) over 8% between 2020 and 2030. Scrubbers are superior to market-leading conventional cleaning methods in a variety of ways, including great cleaning efficiency, ease of use, and quicker dry times. The COVID-19 outbreak in the early stages of the pandemic caused the governments of several nations to implement strict cleaning regulations. In the end, this prompted several businesses to convert from using people to using machines to meet their cleaning requirements. Infrastructure for supply chains and warehouses has been widely implemented as a result of the e-commerce sector's recent rapid growth. Production facilities are constructing large-scale warehouses to hold inventory. These significant facilities will be the key drivers of the need for industrial scrubbers in the next years for cleaning and maintenance services, a Fact.MR researc...
Read more

High Voltage Electric Heater Market Size, Share, Revenue, Trends And Drivers For 2022-2032

The worldwide high voltage electric heater market size is poised to attain a value of US$ 1,545.2 million in 2022, with a projected compound annual growth rate (CAGR) of 22.5%, propelling it to an estimated US$ 11,745.4 million by 2032. By the conclusion of 2021, sales of high voltage electric heaters represented a substantial portion, approximately 14%, of the global electric heater market. Download a Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=1027   In an era marked by a growing emphasis on environmental sustainability, industries around the world are seeking innovative ways to reduce their carbon footprint. The high voltage electric heater market has emerged as a prime example of an industry responding to these trends with smart heating solutions that not only deliver efficient warmth but also contribute to a greener future. Energy Efficiency Takes Center Stage One of the most significant developments in the high voltage ele...
Read more