Kyanite is a mineral used for manufacturing refractory products such as mortars and bricks used in a high-temperature furnaces. According to BlueQuark Research & Consulting, the global Kyanite market is expected to witness a significant growth rate during the forecasted period. Factors such as the increasing demand for electronic & electrical goods are expected to surge the need for the Kyanite market during the forecasted period. Further, the rise in industrialization and urbanization is predicted to create significant opportunities for ceramic and fireproofing products to surge the need for the Kyanite market during the forecasted period. Furthermore, the automotive segment is expected to expand rapidly in the global market during the forecasted period. As a result, it is projected to be followed by the railway segment. However, manufacturing of various consumer goods and other products across the globe has halted due to the labor shortage, etc. This is expected to hamper the kyanite market.

Kyanite has a significant application as an abrasive in semiconductors and insulators.

Increasing the use of Kyanite as an abrasive in the electronic and electrical industry is driving the market's growth. Kyanite is a ceramic and refractory product mainly found in metamorphic rocks. Besides, it is used as an affordable alternative to expensive gemstone. Robotics and automation are emerging trends in the electronics market which has surged the demand for insulating material in the electronics industry. The rise in the digital economy and advancement in technology has accelerated the growth of the electrical and electronic industry, which is anticipated to fuel the global Kyanite market. The growth of Kyanite's industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies, incentives, and favorable laws are projected to determine the growth of the kyanite market in the forecasted period. In addition, the increased spending capacity of customers with the rise in disposable revenue will further contribute towards Kyanite's market proceeds. Kiln Furniture is functional as a healing process for the production of Kyanite is used to make kiln furniture. Therefore, the demand for kiln furniture in the manufacturing of consumer and industrial goods is expected to surge the demand for Kyanite in ceramic and refractory products during the forecast period.

In North America, the US has a large deposit of Kyanite which is used in high-temperature applications such as ceramics, foundries, investment casting, kiln furniture, and refractories. Asia-Pacific kyanite mining activities in India, Burma, and Nepal have been increasing owing to huge demand in the automotive, electrical & electronics, and railroad industries. Latin America is one of the leading producers of electrical and electronic products, and the high demand for Kyanite as an abrasive and insulating material is driving the regional market. Europe has many automobile manufacturers increasing the use of Kyanite in automotive as an insulating and heat resistant material, that is, spark plugs, which is anticipated to boost demand. The Middle East & African kyanite market is estimated to witness steady growth due to increasing demand for consumer electronic products. The heat resistance properties of Kyanite make it an ideal application for brake shoes and clutch facing used in railways. Government investment in the expansion of railroads to support railway freight, particularly in developing countries, has surged the usage of Kyanite in the railroad industry. Kyanite mining companies have been rapidly expanding in recent years owing to the high demand for products in the refractory and ceramic industries. The global kyanite market is directly associated with the manufacturing of biofuels. Compared to traditional gasoline and diesel fuel, biodiesel oxidizes as soon as it is manufactured. This leads to the need for additives that help solve its complications. Kyanite is added to address the issues encountered by biofuels, including corrosion of fuel systems, enhancement in fuel foaming, and an increase in wax formation at a lower temperature. It is added during different stages of the product's lifecycle. For instance, it is added at refineries, during transit, terminals, and the end-user stage.

The market's key players are Kyanite Mining Corporation , Anand Talc , Alroko , Great Wall Mineral , and Henan Tongbaishan .

On January 30, 2020, the International Health Regulations Emergency Committee of the WHO declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Emerging in China, the virus has spread to at least 213 countries and territories worldwide.

The Global Kyanite Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the market by segmenting it based on Type (Blue Kyanite, Cyan Kyanite), Application ( Electronics , Ceramics , Casting, Fireproofing, Electric Components, Refectory Products), End-use Industry (Railway, Automotive , Manufacturing, Others) and geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The research examines emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched sections on the competitive landscape with prominent companies and profiles, including their market shares and projects.