Reports
Global Industrial Garnet Market: By Product Type: Almandine, Andradite, Grossular, Pyrope, Spessartine, Uvarovite, Others; By Application: Water Jet Cutting, Abrasive Blasting, Water Filtration, Abrasive Powders, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Industrial Garnet Market Outlook
The global industrial garnet market is expected to grow at a CAGR of 7.2% in the forecast period of 2023-2028 to reach a value of around USD 480.6 million by 2027.
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The United States to be a Major Regional Market for the Industrial Garnet Industry
Garnet imports from India and China are rapidly growing, and both countries have a large share in the United States export market. In the meantime, the highest consumption of garnet can be witnessed in the United States petroleum industry.
Silica is being replaced by garnet, specifically in the blast cleaning industry. Industrial garnet is also witnessing increased demand from the aluminium aircraft and shipbuilding industries for metal surface finishing and blast cleaning. With the growing number of water treatment plants worldwide, the demand for garnets used in the water filtration industry is also rising. With technological advancements, many small and large players are concentrating on providing better quality and reliability to garnet for specific applications.
Industrial Garnet: Market Segmentation
Garnets are gemstone composed of deep red vitric silicate minerals used by a wide range of industries and for commercial applications. Garnets are available in different colours, like red, black, green, pink, blue, yellow, brown, violet, orange, and some are even colourless. Six minerals from the garnet family are andradite, spessartine, uvarovite, almandine, grossular, and pyrope. They have many excellent properties including strength, hardness, and inertness, which make them commercially viable.
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The product type can be categorised as follows:
- Almandine
- Andradite
- Grossular
- Pyrope
- Spessartine
- Uvarovite
- Others
The product finds wide applications in the following:
- Water Jet Cutting
- Abrasive Blasting
- Water Filtration
- Abrasive Powders
- Others
The regional markets for industrial garnet can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Competition Among the Key Players to Bolster the Market Growth of Industrial Garnet
The makers of industrial garnet are concentrating on the production of high-grade garnet ores. This growing competition amongst the key players is also boosting the growth of the industry. Furthermore, garnet is also seeing a rise in applications in various end-use industries. In the blast cleaning industry, silica is being replaced by garnet, which is likely to contribute to the growth of the market during the forecast period. Industrial garnet is seeing increased consumption of aluminium aircraft and the shipbuilding industry. In addition, the governments of the various nations are investing in the development of water treatment plants. This increasing number of water treatment plants is expected to improve the growth of the industry.
Key Industry Players in the Global Industrial Garnet Market
The report gives a detailed analysis of the following key players in the global industrial garnet market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- GMA Garnet Group
- Trimex Sands Private Limited
- Barton International
- Rizhao Garnet Ltd
- Indian Ocean Garnet Sands Company Ltd.
- V.V. Mineral
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Application, Region |
| Breakup by Product Type | Almandine, Andradite, Grossular, Pyrope, Spessartine, Uvarovite, Others |
| Breakup by Application | Water Jet Cutting, Abrasive Blasting, Water Filtration, Abrasive Powders, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | GMA Garnet Group, Trimex Sands Private Limited, Barton International, Rizhao Garnet Ltd, Indian Ocean Garnet Sands Company Ltd., V.V. Mineral, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Industrial Garnet Market Analysis
8.1 Key Industry Highlights
8.2 Global Industrial Garnet Historical Market (2018-2022)
8.3 Global Industrial Garnet Market Forecast (2023-2028)
8.4 Global Industrial Garnet Market by Product Type
8.4.1 Almandine
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Andradite
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Grossular
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Pyrope
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Spessartine
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Uvarovite
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.7 Others
8.5 Global Industrial Garnet Market by Application
8.5.1 Water Jet Cutting
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Abrasive Blasting
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Water Filtration
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Abrasive Powders
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Industrial Garnet Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Industrial Garnet Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Industrial Garnet Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Industrial Garnet Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Industrial Garnet Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Industrial Garnet Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 GMA Garnet Group
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Trimex Sands Private Limited
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Barton International
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Rizhao Garnet Ltd
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Indian Ocean Garnet Sands Company Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 V.V. Mineral
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Industrial Garnet Market: Key Industry Highlights, 2016 and 2026
2. Global Industrial Garnet Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Industrial Garnet Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Industrial Garnet Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Industrial Garnet Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Industrial Garnet Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Industrial Garnet Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Industrial Garnet Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Industrial Garnet Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Industrial Garnet Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Industrial Garnet Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Industrial Garnet Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Industrial Garnet Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Industrial Garnet Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Industrial Garnet Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Industrial Garnet Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Industrial Garnet Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Industrial Garnet Market Structure
Key Questions Answered in the Report
The global industrial garnet market is projected to grow at a CAGR of 7.2% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 480.6 million by 2027.
The major market drivers include rising population, growing disposable income, intense competition among the key players, and the rising use of the product in the end use industries.
The rising investment by the governments in wastewater treatment plants is an important industrial trend that is informing the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading product types of industrial garnets in the market are almandine, andradite, grossular, pyrope, spessartine, and uvarovite, among others.
The major application segments in the industry are water jet cutting, abrasive blasting, water filtration, and abrasive powders, among others.
The major players in the industry are GMA Garnet Group, Trimex Sands Private Limited, Barton International, Rizhao Garnet Ltd, Indian Ocean Garnet Sands Company Ltd., and V.V. Mineral, among others.
Analyst Review
The global industrial garnet market is being driven by the rising competition among the key players. Aided by the rising investments in the wastewater treatment industry, the market is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 7.2%. The market is projected to reach USD 480.6 million by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product type, the market is segmented into almandine, andradite, grossular, pyrope, spessartine, and uvarovite, among others. On the basis of application, the industry is divided into water jet cutting, abrasive blasting, water filtration, and abrasive powders, among others. The major regional markets for industrial garnet are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include GMA Garnet Group, Trimex Sands Private Limited, Barton International, Rizhao Garnet Ltd, Indian Ocean Garnet Sands Company Ltd., and V.V. Mineral, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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