Andalusite Market Insights: The Key to Unlocking Market Dynamics and Opportunities
Category - Chemical & Materials
Report Code - OMR-CM-102
Format: PDF, PPT, and Excel
Andalusite Market to Widen its Stance with a CAGR Growth of 5.2%; Factors such as Widening Demand from Emerging Economies, Higher Resistance to Temperature, and Shock Resistance to Build a Budding Scope for Revenue
Andalusite, with the formula Al2SiO5, is an aluminum nesosilicate. Andalusite is the low-pressure, intermediate-temperature polymorph of kyanite and sillimanite, and sillimanite. Andalusite is transformable into quartz under the right conditions.
Due to the new Coronavirus epidemic, an array of businesses have either temporarily halted operations or are operating with a significantly reduced workforce due to ongoing shutdowns and restrictions imposed by various administrative agencies. This trend will likely inhibit the industry's revenue growth, such as the global andalusite market.
Key Takeaways of the Andalusite Market
By Application
Refractory will command the largest market share for andalusite in 2022. Manufacturing relies significantly on refractory materials due to the widespread usage of refractory market finished goods in sectors like building and transportation.
By Region
During the projected period, Asia Pacific is anticipated to lead worldwide sales for the andalusite market. Steel is widely employed throughout many sectors, including the building, transportation, and maritime industries. The demand for andalusite in the steel industry is thus anticipated to rise due to innovations and improvements in these end-user industries.
Refractories and Valuable Metals Demand to Drive Growth
A typical alumino-silicate material used to create refractory linings is andalusite. Refractory material must be thermal shock resistant and stable at high temperatures naturally and synthetically. Andalusite is the perfect material for refractories due to its low porosity, homogeneous volume, high virtue, and great thermal shock resistance. Andalusite refractories are, therefore, beneficial even in harsh environments. However, andalusite may also form under a broad variety of temperatures, and pressure ranges via a process of transformation to sillimanite or kyanite.
Environmentally Friendly and Sustainable Building Materials to Create a Demand for More Products
The rising need for eco-friendly and sustainable construction materials is caused by several factors, which reflect a growing knowledge of and concern for the environment and sustainable development strategies. This movement is altering the construction industry and having an effect on both professional and consumer choices. Realizing the negative environmental effects of conventional construction methods drives the need for environmentally friendly and sustainable building materials.
Global Andalusite Market Prominent Players
• Imerys Refractory Minerals (France)
• Andalusite Resources (South Africa)
• Andalusia S.A (Europe)
• Resco Products (U.S.)
• LKAB Minerals (Sweden)
• Damrec (Spain)
• Samrec (PTY) Ltd (South Africa)
• Shandong Wulia (China)
• Anglovaal Minerals S.A. (South Africa)
• Hooggenoeg Andalusite Pty (China)
Report Scope for Andalusite Market
Type
• Pink
• Gray
• Green
• Yellow
• Violet
• Colorless
Application
• Kiln Furniture
• Foundry
• Refractories
• Other
Andalusite Market Regional Segmentation
North America
o U.S.
o Canada
o Mexico
Europe
o Germany
o U.K.
o France
o Spain
o Italy
o Rest of Europe (RoE)
Asia Pacific (APAC)
o Japan
o China
o India
o South Korea
o Rest of APAC
Latin America
o Argentina
o Brazil
o Rest of Latin America
Middle East & Africa
o South Africa
o UAE
o Saudi Arabia
o Rest of MEA
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