Global Garnet Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Garnet market size was valued at US$ 409 million in 2023 and is forecast to a readjusted size of USD 587 million by 2030 with a CAGR of 5.4% during review period.
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.
This report is a detailed and comprehensive analysis for global Garnet market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Garnet market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Garnet market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Garnet market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Garnet market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Garnet
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Garnet market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GMA Garnet, Indian Ocean Garnet Sands Company, Barton International, Opta Minerals, V.V. Mineral, Industrial Mineral Company, Indian Rare Earths Limited, Zircon Mineral Company, Trimex Sands, Dev International, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Garnet market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Almandine
Pyrope
Others
Market segment by Application
Water Jet Cutting
Abrasive Blasting
Water Filtration
Abrasive Powders
Others
Major players covered
GMA Garnet
Indian Ocean Garnet Sands Company
Barton International
Opta Minerals
V.V. Mineral
Industrial Mineral Company
Indian Rare Earths Limited
Zircon Mineral Company
Trimex Sands
Dev International
Transworld Garnet
Rizhao Garnet
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Garnet product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Garnet, with price, sales quantity, revenue, and global market share of Garnet from 2019 to 2024.
Chapter 3, the Garnet competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Garnet breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Garnet market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Garnet.
Chapter 14 and 15, to describe Garnet sales channel, distributors, customers, research findings and conclusion.