Kyanite Market Trends

Growth Drivers

• Growing Trend of Jewelry

The interest among people, especially women in jewelry is growing. Many females prefer to wear jewelry as a sign of femininity or to demonstrate social standing. However, gemstones preferred for jewelry are made of kyanite. Kyanite of excellent quality and pleasing color could be carved into appealing and sought-after cabochons and faceted stones. These are frequently used in jewelry such as rings, earrings, pendants, and others. Beads could also be made from kyanite. Moreover, these gemstones are also considered to have some healing properties. Hence, the demand for kyanite is growing.

• Rise in Application of Kyanite in Electronics

The electronic and electrical sectors' expanding usage of kyanite as an abrasive is drive the kyanite market. The need for insulating materials has increased as a result of developing trends in robotics and robotic automation process in the electronics industry. The electrical and electronic sectors have grown rapidly due to technical improvements and the emergence of the digital economy, which is anticipated to drive demand for kyanite globally.

• Surge in the Use of Kyanite in Manufacturing Wheels

Due to its high heat resistance and hardness, kyanite is a fantastic material for making cutting and grinding wheels. It serves as a component of the binding agent that binds the abrasive particles in the shape of a wheel together, rather than serving as the primary abrasive.

Challenges

• Surge in Pollution Caused by Kyanite Mining
• High Cost of Kyanite
• Side Effects of Wearing Kyanite – Since there is some spiritual significance to kyanite, there are also certain side effects to wearing kyanite. Some people are incredibly sensitive to the strongest crystals, those with the highest vibration frequencies. People would therefore feel too much rather than receive the benefits of the stone (protection, healing, calmness, and clarity). They might feel overly nervous or excited instead of at ease. They might experience a lack of serenity instead of the absence of pessimism and the stirring of their emotions.