Kyanite Market Size

Kyanite Market size was valued at USD 1.1 billion in 2024 and is expected to reach USD 1.95 billion by 2037, registering around 4.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of kyanite is assessed at USD 1.14 billion.

The major factor to dominate the growth of the market is the growing production of automobiles. Globally, approximately 84 million motor vehicles were produced in 2022, up from about 4% compared to 2021. Hence, the use of kyanite is also anticipated to increase as it offers heat-resistant qualities. 

Additionally, other diverse goods are also manufactured with the help of kyanite. One significant use is the production of refractory goods, such as the bricks, mortars, and kiln furniture used in high-temperature furnaces. Molds composed of kyanite are frequently used in foundries to cast high-temperature metals. Furthermore, the governments of different countries are imposing strict laws and regulations on chemicals that are hazardous to the environment. Therefore, owing to this, the preference for green chemistry is growing among chemical industries, which is further boosting market growth.