Adroit Market Research Global Garnet Market Report | Page 2

Adroit Market Research Global Garnet Market Size, Status and Forecast 2018-2025 • The global garnet market size was accounted for $xx Million in 2017 and is projected to increase by $xx Million with a significant CAGR of xx% during the forecast period. Garnets are an important form of minerals that are used for making gemstones. Garnets are widely used in all types of jewelry. Garnets have wide applications in industry and garnet sand is used as a substitute for silica sand in sandblasting. Garnet sands are mixed with high-pressure water and used for cutting stainless steel, rubber, non-ferrous metals, glass and many more for water jets. Hardness and toughness of garnet are used for improving the efficacy of garnet in blasting and for decreasing the break down percentage which helps in increasing the global garnet sand market. • Significant investment in defense sector for the growth of industries, strict rules for not using hazardous minerals like slag and silica, rise in the initiatives of government in mining sector and properties of garnet associated with other minerals are some of the factors that are anticipated to upsurge the growth of global industrial garnet market in the coming years. • Main trends that govern the industrial garnet market globally are increasing in demand for the garnet in oil refinery plant & petrochemical, concentrating on recycling the garnet, rise in demand for garnet in the repair work of ships and increase in demand for use of garnet in the production of parts of automobiles. The huge opportunity offered in the industrial garnet industry are that it can be used as proppant in many industries like petroleum because of its functions on improving performance and reducing the environmental impact and chemical leaching. [phone] [email protected] www.adroitmarketresearch.com