Reports and Data estimates the global Labradorite competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2027 as the forecast period. The report offers CAGR and market size for the global Labradorite during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Esan Eczacibasi Endustriyel Hammaddeler Sanayi ve Ticaret A.S. (Turkey), Micronized Group (South Africa), Sun Minerals Manufacturers Incorporated (India), International Minerals Inc. (Canada), GP Minerals Private Limited (India), Asia Mineral Processing Co. (Thailand), The Quartz Corp. (U.S.), Imerys S.A. (France), Sibelco Nordic A.S. (Belgium), QIT Madagascar Minerals (Madagascar)

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Labradorite Overview :-

The global labradorite market size was significantly robust in 2021 and is expected to register a high CAGR over the forecast period. Increasing use of labradorite in the glass making industry, such as in glazes and mosaics due to its high reflectivity and adoption in the roads construction sector pertaining to its granular structure and strength, are major factors driving market revenue growth..

Labradorite, is a feldspar based mineral which is constituted of silicates, aluminum, sodium, potassium or calcium. It is also quite strong, with a score of 6.5 on the Moh’s scale of hardness and is well-known for its iridescent optical properties of appearing to change colors, according to illumination and angle changes. Similar to moonstones in composition, this material is used to prepare jewelry, rings, and pendants owing to its beautiful appearance. In addition, it is believed to be a lucky stone as per metaphysical spiritual practices. Usually mixed with asphalt, this gemstone is used to prepare road construction material, since it has high abrasion resistance and strength. Moreover, its high content of feldspar and sodium makes it an ideal chemical to be used as a flux to prepare glass phase in preparation of ceramics glazes. Hence, it has numerous applications in ceramics, pottery, and glass industries as well.

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For the purpose of this report Reports and Data has segmented global Labradorite market on the basis of type, application, and region:

Type (Revenue, USD Million; 2019-2030)

• White
• Grey

Application/ End Use Outlook (Revenue, USD Million; 2019-2030)

• Glass Flux
• Ceramic Body Batch
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

• What is the expected year-on-year growth of the Labradorite during the forecast period?
• What key trends are expected influence revenue growth of the market going ahead?
• Which region is expected to account for largest revenue share over the forecast period?
• Which key companies are profiled in the report?

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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