Andalusite Market - Size, Statistics & Companies Report 2024

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The global andalusite market size reached USD 241.9 Million in 2023. The market size is expected to reach USD 435.4 Million by 2032, exhibiting a growth rate (CAGR) of 6.75% during 2024-2032.

Andalusite Market Size 2024 To 2032

 

  • The global andalusite market size reached USD 241.9 Million in 2023.
  • The andalusite market size is expected to reach USD 435.4 Million by 2032, exhibiting a growth rate (CAGR) of 6.75% during 2024-2032.
  • Europe leads the market, accounting for the largest andalusite market share.
  • Pink accounts for most of the market share in the type of segment due to its widespread use in decorative and industrial sectors.
  • Refractories represents the leading application segment, owing to andalusite’s heat resistance and durability.
  • The growing application of andalusite in the refractory industry is a primary driver of the andalusite market.
  • The implementation of various regulations promote sustainable practices are reshaping the andalusite market.

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