Global andalusite market demand is expected to grow over the forecast period on account of increasing demand for long lasting, high quality and low price refractories. Growth of refractories in emerging economies of Asia Pacific, especially India and China owing to fast economic growth is expected to augment andalusite market demand over the forecast period. Andalusite is an aluminum nesosilicate mineral which belongs to sillimanite family and is generally found in metamorphic rocks. It is a polymorph of two minerals including sillimanite and kyanite. Being polymorphic in nature, it has a chemical composition which is similar to sillimanite and kyanite with dissimilar physical structure. Andalusite is primarily used for manufacturing refractory materials and is also used as a precursor for porcelain which is further used in spark plugs. Andalusite is usually formed under low pressures and high temperature conditions and converts to kyanite or sillimaniteat different temperatures and pressures. Andalusite is available in a variety of shades including gray, yellow, pink, green and violet. Andalusite is used in manufacturing of refractory materials which is commonly used in coatings for furnaces, kilns, reactors and incinerators. A refractory material is considered to be chemically and physically stable at high temperature, and resilient to thermal shocks. Stable volume, high purity, resistance to thermal impacts, low porosity, resistance to creep and resistance to metal penetration are the major factors responsible for refractory material production. Key end uses of andalusite include glass, aluminum, cement and steel industries.
Andalusite market is anticipated to be fueled by its increasing application scope in refractory industry.The productivity of refractory industries is inclined by investment in plants and production. China is expected to be the potential andalusite market over the forecast period owing to rapid increase in demand for end products such as glass, ceramic, cement and aluminum. However, rising oil prices, currency fluctuations and availability of substitutes such as bauxite are expected to be the potential barriers which may hamper growth of the global andalusite market over the forecast period. In addition, andalusite is used in a wide range of applications which majorly focus on manufacture of refractory materials. Refractory materials are currently used by the steel and iron industry in form of bricks. Andalusite market is expected to grow significantly over the forecast periodowing to its potential demand as an industrial raw material. On account of environmental concerns, refractory companies throughout the world may take an active role in the handling, disposal, recycling and removal of used refractory linings. Several U.S. companies had opened plants in other countries in past five years. Owing to this opportunities may arise for companies to improve profitability by taking the advantage of niche market and expanded international business. In past two years steel production in European Unionhas experienced to be growing at a slower rate. Andalusite-based cement refractories are likely to find their use in a number of steel plant applications. Metal powders, zircon and silicon carbide can be added to andalusite based cement which can potentially enhance its properties in corrosive environments. Eastern Europe is expected to boost andalusite market as there have been improvements in steel production which promote the use of efficient refractory materials.
Asia Pacific is expected to be the one of the largest andalusite market owing to the growing demand for refractoriesinthe region, particularly in emerging economies including India and China. At present, China is the key producer and consumer of refractories, primarilyfueled by the presence of a robust steel industry. Vietnam, Philippines, Indonesia, Turkey and Russia are potential andalusite markets which are expected to grow and sustain over the next seven years. Latin America is anticipated to witness significant growth over the forecast period owing to the growing demand for andalusite-based cement refractories on account infrastructure development in the region. Europe and North America are likely to be the moderate players in the consumption of refractories over the forecast period.
Global market players within the global andalusite market include Andalusite Resources, Andalucita S.A, Imerys, Shandong Wulian, Anglovaal Minerals S.A, Hooggenoeg Andalusite Pty Ltd. and Picobello Andalucita are considered to be the biggest producers of andalusite and has operating units in China, France, Peru and South Africa. In addition, Andalusite Resources Pty Ltd., anew entrant in the industry,is expected to increase its production capacity owing to strong global demand.
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