Printer Friendly

Garnet Market - Global Industry Size, Share, Trends Analysis and Forecast 2014 - 2020, by Persistence Market Research.

New York, NY, July 24, 2015 --( Garnets are precious stones consisting of deep red vitreous silicate minerals and are used for various commercial and industrial purposes. Garnet comes from the Latin word, granatus which means grain. There are different forms of garnet with similar physical properties but different chemical composition. Garnet is available in many colors including pink, black, blue, brown, purple, green, yellow, orange, red and colorless. Almandine, spessartine, grossular, uvarovite, andradite and pyrope are six minerals which are regarded as belonging to the garnet family. Pyrope is the only member of the garnet group that displays a distinct red color in its natural samples. Almandine is the most common garnet and comes in a wide range of colors including purple, wine red, purplish red, brown, and deep red among others. They are widely distributed and the coarse varieties of almandine are crushed and often used as an abrasive agent. Spessartite is a rare garnet and has a light orange or bright orange color. Grossular can come in any color except blue and are sometimes colorless. Andradite is one of the rarest garnets and can be yellowish-green or rich green in color. There is no major source of andradite available and supply is limited to small deposits. Uvarovite is a also a rare garnet, has a green emerald color and occurs as fine sized crystals.

Garnets are very important minerals and are primarily used to make gemstones. They are also extensively used in all forms of jewelry. Garnets also have extensive industrial applications and garnet sand is used as replacement for silica sand in sand blasting. Garnet sand can be mixed with high pressure water and be used to cut steel and stainless steel, non-ferrous metals, rubber, glass and other materials in water jets. Preferably garnet extracted from hard rock is used for abrasive purposes. The toughness and hardiness of garnet improves the efficiency of garnet in blasting and reduces the break down percentage on impact. Garnet is also applicable for surface cleaning in petrochemical industry and ship building industry among others. Garnet paper has been extensively used by cabinet makers and craftsmen to finish bare wood. Generally almandine and grossularite are only used for manufacture of abrasives such as garnet paper.

The global demand for gem and jewelry will be key driving factors for the garnet market. The gem and jewelry industry has witnessed significant growth over the years, especially in the emerging markets. The demand for garnet is also growing for industrial applications as garnet is inert, non toxic, and environment friendly unlike silica sand or quartzite. There are number of natural and synthetic materials which could be used in place of garnet for abrasive purposes such as staurolite, diamond and corundum among others. The use of substitutes, labor cost and rising inflation could also hamper the growth of garnet industry.

Browse Full Report:

The Asia Pacific is one of the key markets of the garnet industry apart from North America. China, India, Russia and Turkey and Australia are the most important markets in the Asia Pacific. Currently India leads the way in production of garnet followed by China, Australia and the U.S.

Some of the key players in this market are V.V. Mineral (Vvm), Birla Corporation, Vedanta Group, Transworld Garnet India Pvt. Ltd, Essel Mining, Emerald Creek Garnet, WGI Heavy Minerals and Mohawk Garnet Inc among others.

About Us:

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

Contact Information:

Persistence Market Research

Glen Hare


Contact via Email

305 Broadway, 7th Floor

New York, NY 10007

United States

Read the full story here:
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback (Press Releases)
Date:Jul 24, 2015
Previous Article:Wright Scoop Launches Book, Grow Green Market Share with CARE.
Next Article:Voth Nixon Group Recent Survey Finds Investors Hungry for Higher Returns Also Concerned About the Prospect of Increasing Interest Rate.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |