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Australia Industrial Garnet Market

Australia Industrial Garnet Market Size, Analysis, Forecast: By Type: Almandine, Andradite, Grossular, Spessartine, Pyrope, Uvarovite, Others; By Application: Water Jet Cutting, Abrasive Blasting, Water filtration, Abrasive Powders, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Others; Competitive Landscape; 2024-2032

Australia Industrial Garnet Market Outlook

The Australia industrial garnet market size is expected to grow at a CAGR of 5.0% between 2024 and 2032.                                      

 

Key Takeaways

  • Australia's urban areas have been experiencing consistent growth. The population has grown from 24 million in 2016 to 25.6 million as of June 30th, 2020, with over 76% residing in major urban areas.
  • The country is extensively urbanised, with the majority of population growth in the past decade concentrated in its 18 biggest cities. 
  • The mining industry saw an increase in earnings of USD 54.3 billion, representing a growth of 32.7%. The manufacturing industry also saw an increase in earnings of USD 7.6 billion, representing a growth rate of 17.8%.

 

In the realm of industrial minerals, garnet stands out for its robustness and versatility, making it a staple in the manufacturing sector. This silicate mineral, prevalent in igneous, metamorphic, and sedimentary formations, is predominantly harvested for its abrasive qualities rather than its gemstone potential. Its applications are widespread, ranging from garnet sandpaper to sanding belts and strips, catering to the demands of various industries.

 

The Australia industrial garnet market growth is being fuelled owing to the pronounced shift towards sustainability and technological innovation. There's a growing appetite for eco-friendly products, driving the market towards greener alternatives. Concurrently, the adoption of cutting-edge technologies like artificial intelligence, machine learning, and blockchain is revolutionising product quality and efficiency. These advancements not only enhance the effectiveness of garnet-based products but also introduce a new paradigm of efficiency in the industry.

 

Moreover, the surge in infrastructure development, fuelled by rapid urbanisation and industrialisation, presents lucrative opportunities for market expansion. Garnet's critical role in abrasive blasting for construction and shipbuilding underscores its importance in the global push towards robust infrastructure development.

 

Technological progress and innovation remain pivotal in propelling the industrial garnet market forward. Ongoing R&D efforts are refining extraction techniques and exploring new applications, notably in water jet cutting and electronics manufacturing. These advancements are producing purer forms of garnet, aligning with the rigorous demands of modern industries, and expanding the mineral's applicability. As the Australian industrial garnet market development gains prominence, garnet's position as an indispensable resource in the industrial landscape is both solidified and expanded, promising a future where sustainability and innovation go hand in hand.

 

 

Market Segmentation

Australia Industrial Garnet Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Type

  • Almandine
  • Andradite
  • Grossular
  • Spessartine
  • Pyrope
  • Uvarovite
  • Others

 

Market Breakup by Application

  • Water Jet Cutting
  • Abrasive Blasting
  • Water filtration
  • Abrasive Powders
  • Others

 

Market Breakup by Region

  • South Wales
  • Victoria
  • Queensland
  • Western Australia
  • Australian Capital Territory
  • Others

 

Competitive Landscape

Key players in the industrial garnet in Australia develop, manufacture, and provide products aiding the end-users with advanced technologies and applications.

 

  • GMA Garnet Group (GMA Garnet Pty Ltd)
  • Australian Garnet Corporation Pty Ltd.
  • Resource Development Group Limited
  • Industrial Minerals NZ Ltd.
  • Others

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Almandine
  • Andradite
  • Grossular
  • Spessartine
  • Pyrope
  • Uvarovite
  • Others
Breakup by Application
  • Water Jet Cutting
  • Abrasive Blasting
  • Water filtration
  • Abrasive Powders
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Western Australia
  • Australian Capital Territory
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • GMA Garnet Group (GMA Garnet Pty Ltd)
  • Australian Garnet Corporation Pty Ltd.
  • Resource Development Group Limited
  • Industrial Minerals NZ Ltd.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market​​​​​​​
8    Australia Industrial Garnet Market Overview​​​​​​​

    8.1    Key Industry Highlights
    8.2    Australia Industrial Garnet Historical Market (2018-2023) 
    8.3    Australia Industrial Garnet Market Forecast (2024-2032)
9    Australia Industrial Garnet Market by Type​​​​​​​
    9.1    Almandine
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Andradite
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
    9.3    Grossular
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
    9.4    Spessartine
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
    9.5    Pyrope
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
    9.6    Uvarovite
        9.6.1    Historical Trend (2018-2023)
        9.6.2    Forecast Trend (2024-2032)
    9.7    Others
10    Australia Industrial Garnet Market by Application​​​​​​​
    10.1    Water Jet Cutting
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Abrasive Blasting
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Water filtration
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Abrasive Powders
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Australia Industrial Garnet Market by Region​​​​​​​
    11.1    New South Wales
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Victoria
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Queensland
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Western Australia
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australian Capital Territory
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Market Dynamics​​​​​​​
    12.1    SWOT Analysis
        12.1.1    Strengths
        12.1.2    Weaknesses
        12.1.3    Opportunities
        12.1.4    Threats
    12.2    Porter’s Five Forces Analysis
        12.2.1    Supplier’s Power
        12.2.2    Buyer’s Power
        12.2.3    Threat of New Entrants
        12.2.4    Degree of Rivalry
        12.2.5    Threat of Substitutes
    12.3    Key Indicators for Demand
    12.4    Key Indicators for Price
13    Competitive Landscape​​​​​​​
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    GMA Garnet Group (GMA Garnet Pty Ltd) 
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Australian Garnet Corporation Pty Ltd. 
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Resource Development Group Limited 
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Industrial Minerals NZ Ltd. 
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Others
14    Key Trends and Developments in the Market​​​​​​​

 

List of Key Figures and Tables

1.    Australia Industrial Garnet Market: Key Industry Highlights, 2018 and 2032
2.    Australia Industrial Garnet Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Australia Industrial Garnet Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Australia Industrial Garnet Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Australia Industrial Garnet Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Australia Industrial Garnet Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Australia Industrial Garnet Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    Australia Industrial Garnet Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 5.0% between 2024 and 2032.

The industrial garnet market is categorised according to its type, which includes almandine, andradite, grossular, spessartine, pyrope, uvarovite and others.

The key market players are GMA Garnet Group (GMA Garnet Pty Ltd), Australian Garnet Corporation Pty Ltd., Resource Development Group Limited, Industrial Minerals NZ Ltd., and others.

The market is driven by factors that include increasing sustainability, technological advancements and rapid urbanisation and industrialisation, among others.

The market is categorised according to its application, which includes water jet cutting, abrasive blasting, water filtration, abrasive powders and others.

Garnets serve various industrial purposes, including blast-cleaning, polishing, filtration, and water jet cutting. In water jet cutting, a potent stream of water mixed with garnet and other abrasives is employed to slice through materials like metal, ceramic, or stone. This method yields minimal dust while efficiently cutting the targeted material.

The main purposes for which garnet is used, with the highest percentage of consumption being in abrasive blasting, followed by water-filtration media, water-jet-assisted cutting, and other applications like abrasive powders, nonslip coatings, and sandpaper.

Among the various types of gemstones, the red garnet stands out as the most abundant and widely recognised. The origins of spessartite and hessonite, characterized by their orange and brown coloration, can be traced back to Namibia and Sri Lanka.

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