Garnet Market to Witness an Outstanding Growth by 2021 - Persistence Market Research
Garnets are very important minerals and are primarily used to make gemstones. They are also extensively used in all forms of jewelry.
(EMAILWIRE.COM, March 23, 2017 ) 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.
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The Asia Pacific is one 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.
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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.
Request to view Table of Content @ http://www.persistencemarketresearch.com/toc/4586
The Asia Pacific is one 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.
Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/4586
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.
Contact Information:
Persistence Market Research
Rahul Singh
Tel: +1-646-568-7751
Email us
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Persistence Market Research
Rahul Singh
Tel: +1-646-568-7751
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results