Global Agate Market Growth 2023-2029

Global Agate Market Growth 2023-2029

Product Code:454322

Published Date: Feb 08,2023

Pages: 128

Region: Global

Category: Chemical & Material

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Agates are semi-precious gemstones that are a variegated form of chalcedony, which is silicon dioxide in the form of microscopic fibrous quartz crystals. 
Agates naturally develop when an empty pocket inside a host rock fills in molecule-by-molecule, layer-by-layer as these microcrystals self-organize to form concentric bands or other patterns. The colors and arrangement of the microcrystals are influenced by changes in pressure, temperature, and mineral content that occur during the formation process. 
Unlike other gemstones, each agate is unique. Even slabs cut from the same specimen will vary in color and design.

LPI (LP Information)' newest research report, the “Agate Industry Forecast” looks at past sales and reviews total world Agate sales in 2022, providing a comprehensive analysis by region and market sector of projected Agate sales for 2023 through 2029. With Agate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agate industry.

This Insight Report provides a comprehensive analysis of the global Agate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Agate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Agate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agate and breaks down the forecast by color, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Agate.

The global Agate market size is projected to grow from US$ 338.5 million in 2022 to US$ 314.6 million in 2029; it is expected to grow at a CAGR of 314.6 from 2023 to 2029.

Global Agate key players include Antolini, Bartky Minerals, Xinlitun Agate, Yangji Agate, Xinchangbao Agate, etc. Global top five manufacturers hold a share over 15%.

China is the largest market, with a share about 50%, followed by America and EMEA, both have a share over 25%. 
In terms of product, Gray is the largest segment, with a share over 60%. And in terms of application, the largest application is Decoration, followed by Grind Products, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Agate market by product color, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by color
    Gray
    Red
    Blue
    Others

Segmentation by application
    Grind Products
    Decoration

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Yanghong Agate
    HL Gemas
    Xinchangbao Agate
    Yangji Agate
    Weicheng Agate
    Shengli Agate
    Miran Agate
    Gemstone
    Xinlitun Agate
    Yasin And Sohil Agate
    Tai Yiaeh
    Pleased
    Antolini
    Ravenil SA
    Hongshanyu
    Kingda Ceramic
    Stone Speech
    Jingxing Jade Product
    Bartky Minerals
    Phospherus New Material
    Tencan Powder
    Uruguay Stones
    Deco Mill
    Van Der Brüin
    Agate Cambay

Key Questions Addressed in this Report
What is the 10-year outlook for the global Agate market?
What factors are driving Agate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Agate market opportunities vary by end market size?
How does Agate break out color, application?
What are the influences of COVID-19 and Russia-Ukraine war?