Press release
The global market for industrial garnet is also estimated to exceed US$ 700 Million in terms of value by the end of 2024
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/11794
The garnet powder is also being used on a large scale for ceramic/glass polish, for making anti-skid surface and anti-slip paints. Increasing demand for garnet is resulting in the new companies entering the global industrial garnet market. In order to meet the increasing demand, companies are also focusing on decreasing the prices by keeping supply and demand in balance. Government initiative towards the mining industry in countries such as Canada, India, and Australia, and a ban on the use of harmful minerals including slag and silica are likely to fuel the growth of the global market for industrial garnet.
As per the report by Persistence Market Research (PMR), the global industrial garnet market is likely to see a steady growth during 2017-2024. The global market for industrial garnet is also estimated to exceed US$ 700 Million in terms of value by the end of 2024.
Almandine to Gain Maximum Traction in the Global Industrial Garnet Market
In terms of the product type, almandine is likely to emerge as the most used and preferred product during 2017-2024. Almandine is projected to bring in close to US$ 400 Million revenue by the end of 2024.
Based on the application, industrial garnet is anticipated to find the largest application in abrasive blasting. Towards the end of 2024, abrasive blasting is projected to surpass US$ 300 Million in terms of value. Meanwhile, industrial garnet is also likely to be used on a large scale in water jet cutting.
North America to Witness Highest Growth in the Global Market for Industrial Garnet
North America is expected to remain dominant in the global industrial garnet market during the forecast period 2017-2024. North America by the end of 2024 is projected to surpass US$ 200 Million revenue. The petroleum industry in the U.S. is one of the largest consumers of garnet. It is used by petroleum industry mainly for well casing and for cleaning drill pipes. Also, the pricing is very competitive within the U.S. garnet industry. Hence, the high level of customer service is offered by suppliers. Aircraft manufacturers, ceramic and glass producers, water filtration plants are some of the industries in the U.S. driving the demand for industrial garnet.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/methodology/11794
Key Companies in the Global Industrial Garnet Market
Indian Ocean Garnet Sands Company Ltd., GMA Garnet Group, Barton International, Beach Minerals Company, Zircon Mineral Co., Opta Minerals Inc., Rizhao Garnet Ltd., Mohawk Garnet Inc., and V.V. Mineral Pvt. Ltd., are some of the leading companies in the global market for industrial garnet.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The global market for industrial garnet is also estimated to exceed US$ 700 Million in terms of value by the end of 2024 here
News-ID: 1432277 • Views: …
More Releases from Persistence Market Research
Frozen Pastries Market to Reach $3.8 Bn by 2032 Driven by Convenience and Ready- …
The global frozen pastries market is set for consistent expansion over the next decade, driven by the growing demand for convenient, ready-to-bake bakery products and evolving consumer lifestyles. According to market projections, the global frozen pastries market size is likely to be valued at US$ 2.6 billion in 2025 and is estimated to reach US$ 3.8 billion by 2032, growing at a CAGR of 5.7% during the forecast period from…
Cookies Market to Reach US$ 54.4 Bn by 2032 Driven by Rising Demand for Premium …
The global cookies market is witnessing steady growth, with its valuation expected to reach US$ 38.3 billion in 2025. According to projections, the market is set to rise significantly and reach approximately US$ 54.4 billion by 2032, expanding at a compound annual growth rate (CAGR) of 5.1% between 2025 and 2032. This growth trajectory is fueled by evolving consumer lifestyles, increasing demand for convenient and on-the-go snacks, and the rising…
Flaxseeds Market Growth Driven by Health Trends | Valued at US$ 1,284.7 Mn in 20 …
The global flaxseeds market is witnessing substantial expansion, driven by the growing consumer awareness of health benefits associated with flaxseed consumption and its increasing use across diverse industries such as food and beverages, pharmaceuticals, and cosmetics. According to recent industry analysis, the global flaxseeds market size is likely to be valued at US$ 1,284.7 million in 2025, and is projected to reach US$ 2,145.3 million by 2032, expanding at a…
Sterols Market Growth: Valued at $1,268.6 Mn in 2025 to Reach $2,261.7 Mn by 203 …
The global sterols market is on a trajectory of robust expansion, anticipated to reach a valuation of US$1,268.6 million in 2025 and further grow to US$2,261.7 million by 2032, registering a healthy CAGR of 8.6% during the forecast period (2025-2032). Sterols, a group of naturally occurring compounds found in plants and animals, are gaining increasing attention across multiple industries due to their functional and health-promoting benefits. The growing global demand…
More Releases for Garnet
Garnet Market to Hit USD 1.18 Billion by 2033 | GMA Garnet Group, Indian Ocean G …
According to a new study by experienced analysts at Fact.MR, the global garnet market size is estimated to be valued at US$ 688.6 Million in 2023 and is predicted to expand at a CAGR of 5.5% to reach a valuation of US$ 1.18 Billion by the end of 2033.This growth is driven by increasing demand in industrial applications such as water jet cutting, abrasive blasting, and water filtration, fueled by…
Global Industrial Garnet Market is Thriving Worldwide with GMA Garnet Group, Ind …
The global Industrial Garnet Market size reached 837 USD Million in 2024. Looking forward, MarketsGlob expects the market to reach 1,245 USD Million by 2031, exhibiting a growth rate (CAGR) of 6.1% during 2025-2031.
The global market research report for Industrial Garnet presents a thorough examination of the market environment. This includes a detailed evaluation of prominent industry leaders, pricing patterns, as well as the broader factors influencing the market, both…
Garnet Ore Market: High-growth Regions to Expand Geographic Footprint | GMA Garn …
This research study presents a comprehensive compilation of insightful findings concerning key aspects of the global Garnet Ore industry, impacting its growth trajectory over the forecast period from 2023 to 2029. The report sheds light on the evolving sales trends of various tech products across different regions and countries, highlighting both growth and decline. A detailed regional analysis is a crucial part of this Garnet Ore report, offering a meticulous…
Garnet Market Is Booming So Rapidly: Transworld Garnet, Rizhao Garnet, Opta Mine …
Latest Study on Industrial Growth of Global Garnet Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Garnet market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments…
(2022) Garnet Abrasive Media Market Growth, Emerging Trends, Top Growing Compani …
"LOS ANGELES, United States: QY Research offers an encyclopedic study of the global Garnet Abrasive Media market with holistic insights into vital factors and aspects that impact future market growth. The global Garnet Abrasive Media market has been analyzed for the forecast period 2022-2028 and historical period 2017-2021. In order to help players to gain comprehensive understanding of the global Garnet Abrasive Media market and its critical dynamics, the research…
Garnet Abrasives Market 2021 Segmentation, Analysis by Recent Trends and Key Tac …
The Global Garnet Abrasives Market Report 2021 to 2027 could be a fundamental examination of the global analysis. Trending innovation, advertise drivers, sectional declination, analysis measurements, advertise forecasts, manufacturers, and hardware merchants are all included within the substance. The report incorporates a point-by-point examination of the Garnet Abrasives Market as well as empowering advances, current patterns, openings, and obstruction, as well as a self-governing point of view, arrangement models, administrator…
