(MENAFN- Ameliorate Digital Consultancy) Global industry analysis
marcasite market is an online marketplace specializing in marcasite jewelry and home decor. Marcasite is a unique gemstone with a distinctive sparkle traditionally used to adorn jewelry, accessories and home decor. The marcasite market offers an impressive range of marcasite jewelry including earrings, necklaces and rings.
Jewelry made from a beautiful stone called marcasite is available in many different styles. Although physically and crystallographically different from pyrite and having the same chemical composition, it has an orthorhombic crystal structure. It can be difficult to distinguish macasite from pyrite as it lacks a crystal habit.
Macassite is lighter and more brittle than pyrite and has a pale yellow to almost white tint with a dazzling metallic luster. It typically forms under extremely acidic and cold conditions and can come from either primary or secondary minerals. It occurs naturally as a significant mineral in sedimentary rocks such as limestone, shale, and low-grade coal.
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As a secondary mineral, it is formed by chemical modification of primary minerals such as pyrite or chalcopyrite. It is commonly associated with dolomite, fluorite, pyrrhotite, pyrite, galena, sphalerite, and calcite. Macasite is inherently unstable under atmospheric conditions. It reacts more readily than pyrite in conditions of high humidity, decomposing to form ferrous sulfate and sulfuric acid. Pyrite collapse is called“pyrite fall” and is a major problem for conservators involved in geological collections. Low humidity can hinder or slow down the reaction.
Makassite is also formed similarly to other minerals and fossils, which allows it to take a variety of shapes and forms. Marcasite is widespread and found in numerous geographic locations. One of the places where it is located is Joplin, Missouri. Grant County, Guanajuato, Mexico; Escale Pas de Calais, France; Wisconsin and Hardin Counties, Illinois, USA, Peru, China and Russia.
Makassite is collected as gemstone and mineral specimens to make sterling silver jewelry. Macasite is highly sought after for making jewelry because it is inexpensive, has a beautiful glossy finish, and can be used for various jewelry such as necklaces, earrings, brooches, and rings. Jewelry adorned with marcasite has grown in popularity over the years and is also used as a substitute for other precious metals.
Demand for gems and precious stones will be a major driver for the macasite industry. The fondness for precious metals and gemstones, particularly in emerging markets in Asia Pacific and the Middle East, will boost demand for macasite. Increasing incomes, growing awareness, and changing lifestyles have increased demand for gemstones in China and India, leading to increased production and consumption of macasite.
The Asia-Pacific region, especially emerging markets like China and India, is an important market for Macasite. In Japan, too, the demand for macasite is growing less. In recent years, the popularity of macasite has increased in the main markets of Europe and Latin America. In India, macasite is traditionally used as part of a wedding dress. Brazil's economic growth has increased the purchasing power of the local population, which has had a positive impact on jewelry consumption. Marcasite was also a major export from Thailand to the United States. In addition, rising per capita incomes in Middle Eastern countries such as Saudi Arabia and the United Arab Emirates will further boost this market.
Some of the players in this market are Calumet and Hecla Mining Company, Tintic Bonanza Mining Company, Montana Mining Company, BHP-Billiton, Rio Tinto and Anglo American.
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The main regions assessed in this report are:
North America Europa France, Germany, Italy, Spain, Great Britain Eastern Europe GUS
APAC China If Japan Australia Others
Latin America
Main features of this report
Drivers, restraints, and challenges shaping Marcasite market dynamics Latest innovations and major events in the industry Analysis of the business strategy of top players Market Estimates and Forecasts for Marcasite (2015 – 2021)
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