Andalusite Market Size, Share & Trends Analysis Report By Application (Refractories, Foundry, Kiln Furniture), By Region (North America, Europe, Asia Pacific, Central & South America, MEA), And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The global andalusite market size is expected to reach USD 280.1 million by 2025, expanding at a revenue-based CAGR of 7.3%, according to a new report by Grand View Research, Inc. The growing consumption of andalusite in refractories owing to increasing demand from end-use industries such as steel and chemicals is propelling the market growth. Growing consumption of steel in construction and automotive industries is expected to propel the demand for refractories as the global steel industry consumes around 60 to 70% of refractories produced. This is likely to augment the market growth over the coming years.

Andalusite is used as foundry sand in metal casting, which is widely used in manufacturing various automotive components such as power-train, support systems, suspensions, casings, and gears. In the U.S., nearly 35% of the casting produced is used in the automotive industry. The growing demand for lightweight vehicles such as lightweight trucks is anticipated to augment the growth of the foundry market, which in turn is anticipated to propel the demand for andalusite over the coming years.

Market players are established in South Africa and Peru owing to the presence of large amount of reserves. The companies in these countries are adopting strategies such as mergers and acquisitions and capacity expansions in order to strengthen their market share and increase their regional presence. Latin Resources Limited is looking for a joint venture to develop its Guadalupito Andalusite and Mineral Sands Project situated in Northern Peru. The conceptual annual production at the site for andalusite is expected to be of 155 kilotons. Key market players include Andalusite Resources, Imerys Refractory Minerals, Resco Products, and Andalucita S.A.

Further key findings from the report suggest:

• The refractories segment is anticipated to progress at a revenue-based CAGR of 7.3%, in terms of revenue over the forecast period on account of the growing demand from steel, cement, aluminum, iron, and glass industries

• Europe emerged as the leading regional market and accounted for 61.0% of the overall volume share in 2018. This can be attributed to the increasing production of metal casting especially in Russia and France

• Asia Pacific was the second-largest regional market and held a revenue share of 25.3% in 2018. This can be attributed to the increasing steel production and growing construction industry in China and India

• Made in China 2025 plan was aimed to expand the domestic manufacturing sector, which in turn is likely to boost the demand for refractories and foundries. This is anticipated to augment the andalusite market growth over the coming years

• South Africa is the largest producer of andalusite in the world. Its production declined from 270 kilotons in 2016 to 200 kilotons in 2017 and 2018, owing to heavy rains in the country.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Market Segmentation
                 1.2 Market Definition, Research Scope and Assumptions
                 1.3 Research Methodology
                 1.4 List of Data Sources
                 1.5 Information Procurement
                 1.6 Information Analysis
                 1.7 Market Formulation & Data Visualization
                 1.8 Data Validation & Publishing
Chapter 2 Executive Summary
                 2.1 Market Snapshot
Chapter 3 Andalusite Market Variables, Trends, & Scope
                 3.1 Global Andalusite Market Outlook
                 3.2 Global Andalusite Production
                 3.3 Penetration & Growth Prospect Mapping
                 3.4 Andalusite Value Chain Analysis
                     3.4.1 Manufacturing trends & Technology trends
                     3.4.2 Price trend analysis
                     3.4.3 Sales channel analysis
                     3.4.4 Vendor selection criteria
                 3.5 Regulatory Framework
                 3.6 Market Dynamics
                     3.6.1 Market Driver Analysis
                         3.6.1.1 Increasing crude steel production
                         3.6.1.2 Growth in the foundry market
                     3.6.2 Market Restraint Analysis
                         3.6.2.1 Supply - demand imbalance in the market
                 3.7 Business Environment Analysis: Andalusite Market
                     3.7.1 Industry analysis - Porter's
                     3.7.2 PESTEL analysis
Chapter 4 Andalusite Market: Application Estimates & Trend Analysis
                 4.1 Definition & Scope
                 4.2 Andalusite Market: Application Movement Analysis, 2018 & 2025
                 4.3 Refractories
                     4.3.1 Market estimates and forecasts in refractories, 2014 - 2025 (Kilotons) (USD Million)
                 4.4 Foundry
                     4.4.1 Market estimates and forecasts in foundry, 2014 - 2025 (Kilotons) (USD Million)
                 4.5 Kiln furniture
                     4.5.1 Market estimates and forecasts in kiln furniture, 2014 - 2025 (Kilotons) (USD Million)
                 4.6 Other applications
                     4.6.1 Market estimates and forecasts, in other applications, 2014 - 2025 (Kilotons) (USD Million)
Chapter 5 Andalusite Market: Regional Estimates & Trend Analysis
                 5.1 Regional Market Snapshot
                 5.2 Regional Movement Analysis, 2018 & 2025
                 5.3 North America
                     5.3.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                     5.3.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.3.3 U.S.
                         5.3.3.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.3.3.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.3.4 Canada
                         5.3.4.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.3.4.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.3.5 Mexico
                         5.3.5.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.3.5.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                 5.4 Europe
                     5.4.1. Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                     5.4.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.4.3 Germany
                         5.4.3.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.4.3.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.4.4 Russia
                         5.4.4.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.4.4.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.4.5 Turkey
                         5.4.5.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.4.5.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                 5.5 Asia Pacific
                     5.5.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                     5.5.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.5.3 China
                         5.5.3.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.5.3.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.5.4 India
                         5.5.4.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.5.4.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                 5.6 Central & South America
                     5.6.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                     5.6.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.6.3 Brazil
                         5.6.3.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.6.3.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
                 5.7 Middle East & Africa
                     5.7.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                     5.7.2 Market estimates and forecasts, by application, 2014 - 2025 (Kilotons) (USD Million)
Chapter 6 Andalusite Market: Competitive Analysis
                 6.1 Competitive Scenario
                     6.1.1 Major deals & strategic alliances analysis
                 6.2 Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                 6.3 Vendor Landscape
                     6.3.1 List of key players/suppliers in the industry
                     6.3.2 List of end users
                     6.3.3 List of potential customers
Chapter 7 Company Profile
                 7.1 Andalusite Resources
                     7.1.1 Company profile
                     7.1.2 Product benchmarking
                 7.2 Andalucita S.A.
                     7.2.1 Company profile
                     7.2.2 Product benchmarking
                 7.3 Imerys Refractory Minerals
                     7.3.1 Company profile
                     7.3.2 Financial performance
                     7.3.3 Product benchmarking
                 7.4 LKAB Minerals
                     7.4.1 Company profile
                     7.4.2 Product benchmarking
                 7.5 Latin Resources Limited
                     7.5.1 Company profile
                     7.5.2 Financial performance
                     7.5.3 Product benchmarking
                 7.6 Resco Products
                     7.6.1 Company profile
                     7.6.2 Product benchmarking
                     7.6.3 Strategic initiatives
                 7.7 Shijiazhuang Mining
                     7.7.1 Company profile
                     7.7.2 Product benchmarking
                 7.8 Keyhan Payesh Alvand
                     7.8.1 Company profile
                     7.8.2 Product benchmarking

List of Tables

TABLE 1 Andalusite market estimates and forecasts in refractories, 2014 - 2025 (Kilotons) (USD Million)
TABLE 2 Andalusite market estimates and forecasts in foundry, 2014 - 2025 (Kilotons) (USD Million)
TABLE 3 Andalusite market estimates and forecasts in kiln furniture, 2014 - 2025 (Kilotons) (USD Million)
TABLE 4 Andalusite market estimates and forecasts, in other applications, 2014 - 2025 (Kilotons) (USD Million)
TABLE 5 North America andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 6 North America andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 7 North America andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 8 U.S. andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 9 U.S. andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 10 U.S. andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 11 Canada andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 12 Canada andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 13 Canada andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 14 Mexico andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 15 Mexico andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 16 Mexico andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 17 Europe andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 18 Europe andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 19 Europe andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 20 Germany andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 21 Germany andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 22 Germany andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 23 Russia andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 24 Russia andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 25 Russia andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 26 Turkey andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 27 Turkey andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 28 Turkey andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 29 Asia Pacific andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 30 Asia Pacific andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 31 Asia Pacific andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 32 China andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 33 China andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 34 China andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 35 India andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 36 India andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 37 India andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 38 Central & South America andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 39 Central & South America andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 40 Central & South America andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 41 Brazil andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 42 Brazil andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 43 Brazil andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 44 Middle East & Africa andalusite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
TABLE 45 Middle East & Africa andalusite market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
TABLE 46 Middle East & Africa andalusite market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 47 List of key players/suppliers
TABLE 48 List of end users
TABLE 49 Manufacturers of refractories, kiln furniture, metal castings, and ceramics

List of Figures

FIG 1. Andalusite market segmentation
FIG 2. Information procurement
FIG 3. Data analysis models
FIG 4. Market formulation and validation
FIG 5. Data validating & publishing
FIG 6. Global Andalusite Market 2014 - 2025 (Revenue - USD Million; Volume - Kilotons)
FIG 7. Global Andalusite Production 2014 - 2025 (Kilotons)
FIG 8. Penetration and growth prospect mapping (USD Million), 2014 - 2025
FIG 9. Andalusite market - Value chain analysis
FIG 10. Market driver analysis
FIG 11. Global steel production, 2015 - 2018 (Million tons)
FIG 12. Global lightweight vehicles sales forecast, 2019 - 2026 (Million tons)
FIG 13. Market restraint analysis
FIG 14. Porter's analysis
FIG 15. PESTEL analysis
FIG 16. Andalusite market: Application movement analysis, 2018 & 2025 (Kilotons)
FIG 17. Andalusite market: Regional snapshot
FIG 18. Andalusite market: Regional movement analysis, 2018 & 2025 (Kilotons)
FIG 19. Competitive Scenario