Aragonite Market Trends

Growth Drivers

• Rising Usage of Aragonite in Construction Sector – Aragonite is a part of limestone, a rock also used to make cement and concrete and also aids in the production of extremely translucent glass.
• Growing Water Pollution- The capacity of aragonite to remove impurities like lead, zinc, and cobalt from pollution is among its most intriguing qualities that have also prompted an investigation into the creation of filtration devices for the treatment of wastewater and the purification of water. According to the World Health Organization (WHO), more than 1.7 people worldwide used feces-contaminated drinking water in 2022.
• Spiking Consumption of Dietary Supplements- Aragonite is formulated to supply ionic and complexed calcium together with other essential elements such as strontium and barium to strengthen bones.
• Increasing Marine Industry- Aragonite is the most soluble forms of calcium carbonate that can be found in freshwater and marine environments and is extensively employed by marine calcifiers.
• Surging Need for Jewelry- Aragonite has soft yellow and warm orange hues, and has long been used to create jewelry for young adults as it has a hardness value of only 3.5.
• Increasing Applications in Medical Sector- Aragonite is used medicinally for a variety of therapeutic goals since it serves as both a targeted drug delivery system and a bone scaffold, and is also utilized by hemodialysis patients to eliminate waste products from their blood, including excess fluid and urea.
• Applications in Geologic Research- Owing to its distinct characteristics and possible uses, aragonite, an uncommon mineral in the geological record, has recently captured the interest of geologists.
• Rising Trend of Yoga & Meditation- Aragonite is one of the three most prevalent crystal forms that occur naturally to enhance vitality, emotions of self-worth, and self-confidence, improve decision-making abilities, help break the tendency of putting things off, enhance the power of prayers, and aid with meditation. For instance, more than 250 million people worldwide practice yoga.

Challenges

• Lack of Availability of Aragonite - In the geological record, aragonite is uncommon owing to its diagenetic instability however it is seldom found in Upper Palaeozoic sedimentary rocks. Moreover, in geological terms, aragonite gradually changes into calcite owing to which it is more frequently found in particular geological settings or as stalactites, stalagmites, and in some organic structures such as shells and pearls. 
• Highly competitive aragonite market owing to the presence of substitutes
• Manufacturing of Aragonite Lacks Standardization