A group of researchers from Kumamoto University in Japan discovered micro diamonds in the Nishisonogi metamorphic rock formation in Nagasaki Prefecture. Since they occur in zones of continental collision and indicate that the crust has gone farther than 120 km below the surface, microdiamonds are significant minerals found in metamorphic rocks.
Given the severe shortage of Xanthan Gum starting in 2021, the R&D team at GDFCL has successfully created BIO-VIS, a highly efficient replacement for Xanthan Gum with optimal performance and maintaining the necessary function as a reliable Rheology Modifier and viscosifier for drilling applications.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5038
Published Date: Jun 16, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are the growing trend of jewelry, the rise in the application of kyanite in electronics, and the surge in the use of kyanite in manufacturing wheels.
The market size of kyanite is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Kyanite Mining Corporation, Anand Talc, Alroko GmbH & Co KG, Great Wall Mineral, and more.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by type, application, end-use, and by region.
The blue segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The surge in population caused by kyanite mining, the high cost of kyanite, and the side effects of wearing kyanite are estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.