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.