Garnet Market: By Type (Andradite, Pyrope, Almandine, Uvarovite, Grossular, and Spessartine), By Application (Abrasive blasting, Abrasive powder, Water jet cutting, Water filtration, and Jewellery), and Geography  

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Garnet Market size was valued at USD 832.8 million in 2022 and is anticipated to grow at a CAGR of 7.2% over 2023-2029. Garnets are a group of silicate minerals that have been used since the Bronze Age as gemstones and abrasives. This comes in a variety of colors, including red, green, orange, blue, and brown. It is commonly used in a range of industrial applications owing to its unique and versatile properties. The industrial abrasives sector plays a pivotal role in driving the growth of the garnet market. Garnet's exceptional hardness and abrasive properties make it a preferred choice for a wide range of industrial applications. It is extensively used in abrasive blasting, abrasive waterjet cutting, and abrasive grinding processes across industries such as metalworking, construction, shipbuilding, and surface preparation. As industrial operations demand reliable and effective abrasives for tasks like surface cleaning, paint removal, and material cutting, garnet abrasives are valued for their ability to achieve these objectives while minimizing damage to underlying surfaces efficiently and precisely.

Moreover, the gemstone and jewelry industry play a crucial role in driving the revenues of the garnet market. Certain varieties of garnets, including almandine, pyrope, spessartine, and tsavorite, are highly sought after for their vibrant colors, durability, and versatility in jewelry design. These gem-quality garnets are used in a wide range of jewelry pieces, including rings, earrings, necklaces, bracelets, and more. The gemstone and jewelry sector's demand for garnets, especially in the fashion and luxury jewelry markets, fuels the production and distribution of these gemstones. However, the rise in inflation, labor costs, and use of replacements are anticipated to hamper the growth of the market. Meanwhile, rising industries including petrochemicals, construction, aerospace, water treatment, and manufacturing sectors create potential opportunities for the growth of the garnet market. Key market players are developing innovative products to further contribute to the growth of the garnet market.

Garnet Market Key Developments:

In August 2022, GMA Garnet released a new garnet abrasive, GMA ToughBlast to effectively cut through coatings and efficiently clean surfaces.

Garnet Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.5%

Largest Market

North America

Fastest Growing Market

North America
Garnet Market Dynamics

Garnet is widely used in all types of jewellery and has various applications in industry and garnet sand is used as a substitute for silica and sandblasting. Moreover, rising investments from the defense sector coupled with strict rules and regulations for not using hazardous minerals such as slag and silica are the major factors driving the growth of the market. Moreover, rising demand for garnets from oil refinery plant & petrochemical, and increasing demand for use of garnet in the production of parts of automobiles. However, Rise in inflation, labor costs and use of replacements are anticipated to hamper the growth of the market.

Key Features of the Reports

  • The garnet market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Garnet Market Segmentation

By Type
  • Andradite
  • Pyrope
  • Almandine
  • Uvarovite
  • Grossular
  • Spessartine
By Application
  • Abrasive blasting
  • Abrasive powder
  • Water jet cutting
  • Water filtration
  • Jewellery
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

The garnet market size was valued at USD 832.8 million in 2022

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The garnet market key players are GMA Garnet, Trimex Sands, Dev International, Rizhao Garnet, V. Mineral, Indian Rare Earths Limited

1.Executive Summary
2.Global Garnet Market Introduction 
2.1.Global Garnet Market  - Taxonomy
2.2.Global Garnet Market  - Definitions
2.2.1.Type
2.2.2.Application 
2.2.3.Region
3.Global Garnet Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Garnet Market Analysis, 2018-2022 and Forecast 2023-2029
4.1.  Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Garnet Market  By Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
5.1. Andradite
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Pyrope
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Almandine
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Uvarovite
5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Grossular
5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Spessartine
5.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
6.Global Garnet Market  By Application , 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. Abrasive blasting
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Abrasive powder
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Water jet cutting
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Water filtration
6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Jewellery
6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.Global Garnet Market  By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Garnet Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Andradite
8.1.2.Pyrope
8.1.3.Almandine
8.1.4.Uvarovite
8.1.5.Grossular
8.1.6.Spessartine
8.2.  Application  Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Abrasive blasting
8.2.2.Abrasive powder
8.2.3.Water jet cutting
8.2.4.Water filtration
8.2.5.Jewellery
8.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Garnet Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Andradite
9.1.2.Pyrope
9.1.3.Almandine
9.1.4.Uvarovite
9.1.5.Grossular
9.1.6.Spessartine
9.2.  Application  Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Abrasive blasting
9.2.2.Abrasive powder
9.2.3.Water jet cutting
9.2.4.Water filtration
9.2.5.Jewellery
9.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
9.3.7.
10.Asia Pacific (APAC) Garnet Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Andradite
10.1.2.Pyrope
10.1.3.Almandine
10.1.4.Uvarovite
10.1.5.Grossular
10.1.6.Spessartine
10.2.  Application  Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Abrasive blasting
10.2.2.Abrasive powder
10.2.3.Water jet cutting
10.2.4.Water filtration
10.2.5.Jewellery
10.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Garnet Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Andradite
11.1.2.Pyrope
11.1.3.Almandine
11.1.4.Uvarovite
11.1.5.Grossular
11.1.6.Spessartine
11.2.  Application  Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Abrasive blasting
11.2.2.Abrasive powder
11.2.3.Water jet cutting
11.2.4.Water filtration
11.2.5.Jewellery
11.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Garnet Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Andradite
12.1.2.Pyrope
12.1.3.Almandine
12.1.4.Uvarovite
12.1.5.Grossular
12.1.6.Spessartine
12.2.  Application  Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Abrasive blasting
12.2.2.Abrasive powder
12.2.3.Water jet cutting
12.2.4.Water filtration
12.2.5.Jewellery
12.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.GMA Garnet
13.2.2.Trimex Sands
13.2.3.Dev International
13.2.4.Rizhao Garnet
13.2.5.V. Mineral
13.2.6.Indian Rare Earths Limited
13.2.7.Opta Minerals
13.2.8.Industrial Mineral Company
13.2.9.Transworld Garnet
13.2.10.Barton International
13.2.11.Zircon Mineral Company
13.2.12.Indian Ocean Garnet Sands Company
14. Research Methodology 
15. Appendix and Abbreviations 
  • GMA Garnet
  • Trimex Sands
  • Dev International
  • Rizhao Garnet
  • V. Mineral
  • Indian Rare Earths Limited
  • Opta Minerals
  • Industrial Mineral Company
  • Transworld Garnet
  • Barton International
  • Zircon Mineral Company
  • Indian Ocean Garnet Sands Company

Adjacent Markets