Global Industrial Garnet Market Report and Forecast 2023-2028
According to the report by Expert Market Research (EMR), the global industrial garnet market is projected to grow at a CAGR of 7.5% between 2023 and 2028. Aided by the burgeoning demand for abrasive materials in various sectors and the diverse applications of industrial garnet across a wide array of industries, the market is expected to grow significantly by 2028.
Industrial garnet, a naturally inert mineral, is renowned for its hardness and durability, making it an ideal choice for abrasive blasting, waterjet cutting, and water filtration. Apart from its excellent hardness, industrial garnet also possesses chemical stability and uniform physical properties, rendering it a preferred choice in diverse industrial applications such as aerospace, petrochemicals, and construction.
The escalating demand for abrasive materials is a key driver propelling the global industrial garnet market growth. As industries worldwide strive for precision and quality in their products, the adoption of industrial garnet for abrasive applications has seen a significant uptick. The mineral's hardness, combined with its ability to cut steel and other hard materials efficiently, has led to a surge in its use in abrasive blasting and waterjet cutting.
The expansion of the industrial garnet's application scope across various sectors also contributes significantly to the industrial garnet market expansion. In the construction sector, for instance, garnet is used as an abrasive blasting medium and a concrete additive, enhancing the durability of the concrete. Similarly, in the aerospace industry, garnet is used for waterjet cutting of aircraft parts, while in the petrochemical industry, it is employed for filtration purposes, due to its superior filtering capabilities.
Moreover, the drive for sustainability and eco-friendly practices has led to an increased interest in industrial garnet, aiding the industrial garnet market growth. Unlike silica sand, which poses health risks due to the inhalation of silica dust, industrial garnet is a safe and environmentally friendly alternative for abrasive blasting.
Further bolstering the industrial garnet market growth is the mineral's potential in water treatment. Garnet's high specific gravity and its inert nature make it an efficient filtration medium, finding use in municipal and industrial wastewater treatment. As the need for clean water continues to grow globally, driven by increasing urbanisation and industrialisation, the demand for garnet in water filtration is expected to see a corresponding increase.
The market can be divided based on product type, application, and region.
Market Breakup by Product Type
Market Breakup by Application
- Water Jet Cutting
- Abrasive Blasting
- Water Filtration
- Abrasive Powders
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global industrial garnet companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- GMA Garnet Group
- Trimex Sands Private Limited
- Barton International
- Rizhao Garnet Ltd
- Indian Ocean Garnet Sands Company Ltd.
- V.V. Mineral
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.