Short Term Trading Week Starting: 02 May, page-16

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    'Resources of garnet are large across the world and occur in a wide variety of rocks, especially schists and gneisses. Moreover, alluvial garnet is present in gravel deposits and in heavy mineral sand throughout the world. With the increasing demand for use in various industries, the garnet market has become very competitive.

    Imports of garnet are also increasing from India and China, and both the countries account for the major share in the U.S. market.

    By the end of 2024, the global industrial garnet market is estimated to reach
    (only) US$ 721.8 Million revenue.'
    https://www.persistencemarketresearch.com/market-research/global-industrial-garnet-market.asp

    Bold mine.


    Last edited by Batmansdaughter: 03/05/22
 
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