United States Aragonite Market Analysis and Overview By 2025
21st
September 2018 - United
States Aragonite market is expected to grow at the highest CAGR in the upcoming
period. Aragonite is polymorphic form of calcium carbonate. It occurs deep in
the sea in the carbonate shells and in the lava beds. Aragonite in sea is
formed due to the concentration of magnesium, which favors formation of
carbonate shell. Aragonite is naturally occurring crystal forms of calcium
carbonate like the other minerals such as calcite and vaterite. Aragonite is
low in magnesium, rich in calcium carbonate,and alkaline in nature.
Aragonite is used in aquariums and as a gemstone in jewelry. Also,
aragonite is used with sand and soda ash in making glass. Similarly, it is used
in agriculture sector to help condition the soil that, in turn,reduces the
acidity ofthe soil.
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The factors responsible for the growth of United States Aragonite market
are, as stated above,increasing use of aragonite in agricultural sector; as it
provides nutrients to the soil and stimulates the microbial life thus
increasing the fertility of the soil, enhances the soil properties by adding
some minerals and aragonite sand used in aquariums as they help to stabilize
the pH level of the water for aquatic animals. However, availability of
aragonite is not high as compared to limestone and nitrates. These factors
negatively impact the growth of Aragonite industry.
The United States Aragonite industry is widely analyzed based on
different regional factors such as gross domestic product (GDP), demographics,
acceptance, inflation rate and others. United States Aragonite industry is
categorized based on color, crystallography, form, application and geography.
Based on color, the United States aragonite market is classified as red, white,
orange, yellow, brown, green, blue and grey.
Based on crystallography, the market is classified into pisolitic,
acicular, pseudo-hexagonal, columnar, reniform, prismatic crystals, internally
banded, coralloidal, stalactitic, and globular. Based on form, the market is
classified as stone and sand. Based on application, the market is classified
into jewelry, printed material, and others.
Based on geography, the United States Aragonite market spans Southwest,
The Middle Atlantic, The West, New England, The South, and The Midwest. Key
players operating in the market are U.S. Aragonite Enterprises, Red Sea, REAL
REEF SOLUTIONS and The Fertrell Company. The major market players are focusing
on inorganic growth to sustain themselves amidst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
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