The global garnet market (ガーネット マーケット) is expected to be worth US$ 688.6 million in 2023 and will grow at a CAGR of 5.5% to be worth US$ 1.18 billion by the end of 2033.
Garnets are a group of silicate minerals that have been used since the Bronze Age as gemstones and abrasives. The garnet group includes pyralspite garnets like almandine, pyrope, and spessartine, as well as ugrandite garnets...
According to a new study by experienced analysts at Fact.MR, the global Garnet Market is estimated to be valued at US$ 688.6 million in 2023 and is expected to grow at a robust CAGR of 5.5% over the next decade, reaching a valuation of US$ 1.18 billion by the end of 2033. Garnet, a group of silicate minerals, has gained traction across various industries due...
The global garnet market is valued at $688.6 million in 2023. It is projected to grow at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2033. While the global economy is currently grappling with inflation and disruptions in supply chains, there are also favorable trends that are anticipated to bolster the demand for garnets in the short run. Long-term forecasts for the...
It is projected that the industrial garnet market will reach a valuation of US$703.1 million by 2024. It is anticipated that the market will expand at a 5.4% CAGR from 2024 to 2034. It is anticipated that the market will have expanded to a value of US$ 1,189.7 million by 2034.
The increasing use of abrasive blasting techniques in the automotive, shipbuilding, and metal fabrication...