Andalusite Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation

Andalusite Market Definition/ Overview

Andalusite is an aluminium nesosilicate mineral that belongs to the sillimanite family and is found in transformational rocks. It is a polymorph of two minerals, kyanite and sillimanite, and is called after the Andalusia region in Spain. Because of its polymorphism, it has a similar synthetic component but a different real design than kyanite and sillimanite. Andalusite is frequently used in the manufacture of resistant materials as a precursor to porcelain, which is used in the manufacture of sparkle plugs and other goods. Andalusite structures at low tension and high temperatures, then converts to sillimanite or kyanite at different temperatures and tensions. It comes in a variety of colours, including pink, green, yellow, violet, and black.

Andalusite is used as a precursor in the production of recalcitrant materials that are used to line incinerators, heaters, ovens, and reactors. It's also useful for putting together cauldrons. A headstrong material should be genuinely and synthetically stable, immune to heated stun, and artificially dormant at high temperatures. Andalusite is suitable for obstinate creation because of its immaculateness, constant volume, strong jerk resistance, high warm shock obstruction, metal entrance opposition, and low porosity. Steel, glass, aluminium, and concrete are the primary industries that use andalusite.

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Andalusite Market Dynamics

Andalusite Market Drivers

• Growing demand for steel and other metals – The use of refractories is expected to rise as demand for steel rises in various end-use sectors such as construction. The construction industry's expansion, owing to rising population and rapid urbanisation, is expected to boost global steel demand, which would boost refractory output over the forecast period. The growing demand for cast metal goods from the automotive industry is likely to boost the foundry industry's growth, propelling the market because it is a key component in foundry sand. Global casting production climbed by approximately 5.3 percent from 2017 to 2018, according to the Foundry Informatics Centre, which is expected to boost demand for andalusite in the future years.
• High demand for Refractories - Andalusite is an alumino-silicate raw material frequently used in refractory lining manufacture. At high temperatures, refractory material should be really and synthetically stable, immune to thermal shocks. Andalusite is suitable for refractory applications because of its low porosity, consistent volume, high virtue, and high thermal shock resistance. As a result, andalusite refractories can be used successfully in harsh environments. Andalusite forms under low tension and high temperature for the most part, then transitions to sillimanite or kyanite under a variety of temperature-pressure conditions. The market is being driven by the increasing usage of andalusite in refractories, as evidenced by end-use industries such as metallurgy. Refractories are also used in the development of steel applications in the automotive industry. For the fabrication of fired and unfired refractories, andalusite-based products are particularly popular in Europe and the Asia-Pacific area.

Andalusite Market Restraints

• Supply Chain Imbalance – The supply-demand imbalance is expected to stymie the market's expansion. Because commercial reserves are confined in South Africa, France, and Peru, andalusite production is limited, it is insufficient to supply consumer demand. Heavy rains in South Africa and Peru in 2020 reduced production, resulting in a supply shortage, which resulted in a price increase in the andalusite market. Because of the abundant availability of alternatives such as bauxite, these factors may cause consumers to switch to bauxite, stifling market growth.
• Covid-19 Impact - Various ventures' activities have either been temporarily halted or are operating with a small workforce due to continued lockdowns and forced constraints imposed by individual administrative bodies as a result of the latest Coronavirus episode. The global Andalusite market is no exception, and this aspect is expected to have a negative impact on the current industry's revenue growth. Furthermore, the high costs of installation and maintenance of these machines may stifle the global Andalusite market's revenue growth throughout the forecast period. The global andalusite market is experiencing supply-request shortages as a result of the mechanical closure caused by the Coronavirus flare-up. To halt full-scale operations, a disruption in crude material inventory is required. Because of supply constraints, crude material costs are rising. Conveyances in the impacted downstream production network may take longer. The recent shutdown has impacted item and stock transportation, as well as strategic administrations, which have been hampered by the Coronavirus outbreak.

Andalusite Market Segment Analysis

By Application, the Andalusite Market is segmented as Refractory, Foundry, Kiln Furniture. Refractory dominates the Andalusite Market with the market share of 87% in 2023. Because refractory market finished goods are used in a variety of industries, including construction and automotive, refractory materials account for a major share of the entire manufacturing industry. A automobile weighing 1.3 tonnes, for example, may require up to 10 kg of refractories in the form of bricks and mixtures. As a result, rising vehicle manufacturing is likely to boost demand for materials including steel, glass, aluminium, copper, and plastics, which, in turn, is expected to boost demand for refractories. Foundry has the market share of 8.7% in 2023. Foundry sand is appropriate for the creation of patterns, moulds, and cores. It is preferred for heavy casting of iron and steel alloys due to its anti-veining features such as low thermal expansion, heat resistance, and high refractoriness. It also aids in the reduction of sand sintering, sand washing, and metal penetration difficulties. Kiln Furniture has the market share of 4.3% in 2023 as a result of increased demand from the ceramics and automotive industries In investment castings, thermal processing, and glass, andalusite shapes are utilised to make kiln furniture, such as saggars and shelves. Andalusite has the advantage over other minerals in that it can be used in its natural state, whereas minerals like kyanite must be calcined for high-temperature applications.

Andalusite Market Regional Insights

Europe leads the Andalusite Market with the market share of 67.3% in 2023 owing to the expansion of the construction industry, where refractories are utilised in the manufacture of cement The European Commission stated in October 2018 that it would invest USD 773 million in 49 critical transportation infrastructure projects in the region. This is predicted to increase demand for refractories, which will, in turn, boost market growth over the next several years. Asia Pacific has the market share of 21% in 2023 as a result of increased refractory production Steel demand in the region is expected to increase in the future years, boosting market growth. The foundry industry is another source of andalusite demand in the country. North America has the market share of 5.7% in 2023. The expanding steel and foundry sectors are driving the market. The demand for metal casting in the region is expected to rise due to positive developments in the production of lightweight automobiles in Mexico and strong investments by original equipment manufacturers (OEMs) in the United States. South America and Middle East & Africa, both has the market share of 3% in 2023. South Africa is the major producer and exporter of andalusite in the Middle East and Africa, producing 200,000 tonnes in 2020, according to the USGS. Increased steel production in the Middle East and Africa is driving up demand for refractories, which in turn is driving up demand for andalusite.

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Andalusite Market Scope

Andalusite Market Key Players

•  Andalucita S.A
•  Andalusite Resources
•  Anglovaal Minerals S.A.
•  Damrec/Imerys
•  Hooggenoeg Andalusite Pty
•  Imerys S.A
•  Picobello Andalucita
•  Rhino Minerals Pty Ltd (IMERYS
•  Samrec (PTY) Ltd
•  Shandong Wulia