What is Chondrodite Market?
Chondrodite is a nesosilicate mineral and member of the humite group of the minerals. Its name derived from the Greek for "grain" in allusion to its occurrence in isolated grains. It is found in collectible specimens in few localities throughout the world. It is formed in hydrothermal deposits and associated with dolomite, skarn, and serpentinite. It has various colors such as yellow, orange, red or brown or rarely colorless. It is also found associated with skarn and serpentinite. It was discovered in 1817 at Pargas in Finland, and named from the Greek for "granule", which is a common habit for this mineral.
Highlights from Chondrodite Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | KGK Group (Hong Kong), AK Gems (India), Gemfields Group Ltd (United Kingdom) and Stuller, Inc. (United States) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Chondrodite market throughout the forecasted period.
KGK Group (Hong Kong), AK Gems (India), Gemfields Group Ltd (United Kingdom) and Stuller, Inc. (United States) are some of the key players profiled in the study. Chondrodite Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Personal Care Products, Jewelry, Mineral Specimens and Others |
Distribution Channel | Online Channel,Offline Channel |
Color | Yellow,Red,Brown |
On the basis of geography, the market of Chondrodite has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Increasing Demand for Numerous Applications and High Demand from Jewelry Industry
Restraints:
Low Availability of the Chondrodite
Opportunities:
Increasing Demand from End-User Industry and Increase in the Distribution Channel
Key Target Audience
Chondrodite Providers, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and End-user
In 2019, KGK Group expands its footprint in angola.