Global Andalusite Market Growth 2023-2029

Global Andalusite Market Growth 2023-2029

Andalusite is an aluminum nesosilicate mineral which belongs to sillimanite family and is generally found in metamorphic rocks. It is a polymorph of two minerals including sillimanite and kyanite. Being polymorphic in nature, it has a chemical composition which is similar to sillimanite and kyanite with dissimilar physical structure.

LPI (LP Information)' newest research report, the “Andalusite Industry Forecast” looks at past sales and reviews total world Andalusite sales in 2022, providing a comprehensive analysis by region and market sector of projected Andalusite sales for 2023 through 2029. With Andalusite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Andalusite industry.

This Insight Report provides a comprehensive analysis of the global Andalusite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Andalusite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Andalusite market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Andalusite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Andalusite.

The global Andalusite market size is projected to grow from US$ 150.1 million in 2022 to US$ 227.7 million in 2029; it is expected to grow at a CAGR of 227.7 from 2023 to 2029.

Asia Pacific is expected to be the one of the largest andalusite market owing to the growing demand for refractoriesinthe region, particularly in emerging economies including India and China. At present, China is the key producer and consumer of refractories, primarilyfueled by the presence of a robust steel industry. Vietnam, Philippines, Indonesia, Turkey and Russia are potential andalusite markets which are expected to grow and sustain over the next seven years. Latin America is anticipated to witness significant growth over the forecast period owing to the growing demand for andalusite-based cement refractories on account infrastructure development in the region. Europe and North America are likely to be the moderate players in the consumption of refractories over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Andalusite market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Gray
Yellow
Pink
Green
Violet

Segmentation by application
Glass Industries
Aluminum Industries
Cement Industries
Steel Industries

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Andalusite Resources
Andalucita S.A
Imerys
Shandong Wulian
Anglovaal Minerals S.A.
Hooggenoeg Andalusite Pty

Key Questions Addressed in this Report

What is the 10-year outlook for the global Andalusite market?

What factors are driving Andalusite market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Andalusite market opportunities vary by end market size?

How does Andalusite break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.