Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Serpentinite Rocks Market by Type (Block, Powder), By Application (Building Materials, Refractory, Fertilizer, Metallurgical Industry, Medicine, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Serpentinite Rocks Market by Type (Block, Powder), By Application (Building Materials, Refractory, Fertilizer, Metallurgical Industry, Medicine, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137441 3300 Chemical & Material 377 236 Pages 4.6 (35)

Market Overview:

The global serpentinite rocks market is estimated to be valued at US$ XX Mn in 2018 and is projected to register a CAGR of X.X% over the forecast period (2018-2030), to reach a value of US$XX Mn by 2030. The market growth can be attributed to the increasing demand for serpentinite rocks from various applications such as building materials, refractory, fertilizer, metallurgical industry, medicine and others. On the basis of type, block segment is expected to account for a larger share in terms of revenue in the global serpentinite rocks market during 2018-2030. On the basis of application, building materials segment is anticipated to hold dominant position during forecast period owing high demand from construction industry across globe.

Global Serpentinite Rocks Industry Outlook

Product Definition:

A metamorphic rock that is composed of one or more serpentine minerals, typically chlorite, serpentine, and/or amphibole. Serpentinite rocks are important because they are a source of magnesium and other metals.


The global block, it's usage and growth factor in the Serpentinite Rocks market is expected to witness significant growth over the forecast period. The major driver for this market is increasing demand from construction sector due to its high strength & durability along with low maintenance properties. In addition, growing infrastructure spending coupled with rapid industrialization in emerging economies of Asia Pacific such as India and China are also expected to fuel product demand over the next seven years.


Powder is made up of very small particles which are used in Serpentinite rocks. It helps to increase the surface area and also makes it easier for the rock to absorb water. The powder can be easily washed off when it comes in contact with water, hence there is no risk of contamination. Powder can be easily obtained from any hardware or chemical store and its cost varies depending on the quality desired.

Application Insights:

Building materials was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product has high demand as a filler in concrete and mortar due to its superior properties including low cost, ease of use, availability in ready-to-use form and high compressive strength. It also helps improve the durability of construction materials resulting in long-term benefits.

The metallurgical industry is estimated to be one of the fastest growing segments over the forecast period owing to increasing demand for metals such as copper (Cu), zinc (Zn) & iron (Fe) from various end uses such as building & construction industries, automotive sector among others. Serpentine rocks are used for reducing heat treatment time required before final products can be produced using these raw materials which is expected to drive their consumption further.

The other major application includes agriculture & soil conservation wherein it is used as a fertilizer or soil conditioner depending upon its type i:e.

Regional Analysis:

North America dominated the global serpentinite rocks market in 2016 with a revenue share of over 35%. The region is expected to witness significant growth in terms of volume as well as revenue owing to increasing demand from end-use industries. Increasing construction spending on residential and non-residential buildings, coupled with growing investments in infrastructure development, is anticipated to drive the regional market over the forecast period.

The Asia Pacific was valued at USD X billion in 2016 and is projected to grow at a CAGR of XX% from 2017 to 2030 owing high mineral reserves across various states including Andhra Pradesh, Bihar, Jharkhand Karnataka Kerala & West Bengal., Chhattisgarh Goa Gujarat & Maharashtra.

Growth Factors:

  • Increasing demand from construction and infrastructure sectors
  • Rising awareness about the benefits of serpentinite rocks for landscaping and gardening purposes
  • Growing popularity of green building concepts that promote use of natural materials
  • Proliferation of online retail platforms that offer a wide range of serpentinite rocks products at competitive prices
  • Technological advancements in quarrying and processing techniques that make extraction more efficient and cost-effective

Scope Of The Report

Report Attributes

Report Details

Report Title

Serpentinite Rocks Market Research Report

By Type

Block, Powder

By Application

Building Materials, Refractory, Fertilizer, Metallurgical Industry, Medicine, Other

By Companies

Southland Serpentine Ltd, Dundas Extended Minerals, Jiacheng Kuangye, Honfoo Mining, Baoxin Mining, ...

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Serpentinite Rocks Market Report Segments:

The global Serpentinite Rocks market is segmented on the basis of:


Block, Powder

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Building Materials, Refractory, Fertilizer, Metallurgical Industry, Medicine, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Southland Serpentine Ltd
  2. Dundas Extended Minerals
  3. Jiacheng Kuangye
  4. Honfoo Mining
  5. Baoxin Mining
  6. ...

Global Serpentinite Rocks Market Overview

Highlights of The Serpentinite Rocks Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Block
    2. Powder
  1. By Application:

    1. Building Materials
    2. Refractory
    3. Fertilizer
    4. Metallurgical Industry
    5. Medicine
    6. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Serpentinite Rocks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
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  • Consumer Insights
  • Understanding Competition Scenario
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Global Serpentinite Rocks Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Serpentinite is a type of rock that is made up of serpentine minerals. Serpentine minerals are found in areas with high levels of water and heat, such as volcanoes. Serpentinite rocks are dark green or black in color and have a rough texture.

Some of the major companies in the serpentinite rocks market are Southland Serpentine Ltd, Dundas Extended Minerals, Jiacheng Kuangye, Honfoo Mining, Baoxin Mining.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Serpentinite Rocks Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Serpentinite Rocks Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Serpentinite Rocks Market - Supply Chain
   4.5. Global Serpentinite Rocks Market Forecast
      4.5.1. Serpentinite Rocks Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Serpentinite Rocks Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Serpentinite Rocks Market Absolute $ Opportunity

5. Global Serpentinite Rocks Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Serpentinite Rocks Market Size and Volume Forecast by Type
      5.3.1. Block
      5.3.2. Powder
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Serpentinite Rocks Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Serpentinite Rocks Market Size and Volume Forecast by Application
      6.3.1. Building Materials
      6.3.2. Refractory
      6.3.3. Fertilizer
      6.3.4. Metallurgical Industry
      6.3.5. Medicine
      6.3.6. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Serpentinite Rocks Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Serpentinite Rocks Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Serpentinite Rocks Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Serpentinite Rocks Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Serpentinite Rocks Demand Share Forecast, 2019-2029

9. North America Serpentinite Rocks Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Serpentinite Rocks Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Serpentinite Rocks Market Size and Volume Forecast by Application
      9.4.1. Building Materials
      9.4.2. Refractory
      9.4.3. Fertilizer
      9.4.4. Metallurgical Industry
      9.4.5. Medicine
      9.4.6. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Serpentinite Rocks Market Size and Volume Forecast by Type
      9.7.1. Block
      9.7.2. Powder
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Serpentinite Rocks Demand Share Forecast, 2019-2029

10. Latin America Serpentinite Rocks Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Serpentinite Rocks Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Serpentinite Rocks Market Size and Volume Forecast by Application
      10.4.1. Building Materials
      10.4.2. Refractory
      10.4.3. Fertilizer
      10.4.4. Metallurgical Industry
      10.4.5. Medicine
      10.4.6. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Serpentinite Rocks Market Size and Volume Forecast by Type
      10.7.1. Block
      10.7.2. Powder
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Serpentinite Rocks Demand Share Forecast, 2019-2029

11. Europe Serpentinite Rocks Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Serpentinite Rocks Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Serpentinite Rocks Market Size and Volume Forecast by Application
      11.4.1. Building Materials
      11.4.2. Refractory
      11.4.3. Fertilizer
      11.4.4. Metallurgical Industry
      11.4.5. Medicine
      11.4.6. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Serpentinite Rocks Market Size and Volume Forecast by Type
      11.7.1. Block
      11.7.2. Powder
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. -o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Serpentinite Rocks Demand Share, 2019-2029

12. Asia Pacific Serpentinite Rocks Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Serpentinite Rocks Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Serpentinite Rocks Market Size and Volume Forecast by Application
      12.4.1. Building Materials
      12.4.2. Refractory
      12.4.3. Fertilizer
      12.4.4. Metallurgical Industry
      12.4.5. Medicine
      12.4.6. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Serpentinite Rocks Market Size and Volume Forecast by Type
      12.7.1. Block
      12.7.2. Powder
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Serpentinite Rocks Demand Share, 2019-2029

13. Middle East & Africa Serpentinite Rocks Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Serpentinite Rocks Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Serpentinite Rocks Market Size and Volume Forecast by Application
      13.4.1. Building Materials
      13.4.2. Refractory
      13.4.3. Fertilizer
      13.4.4. Metallurgical Industry
      13.4.5. Medicine
      13.4.6. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Serpentinite Rocks Market Size and Volume Forecast by Type
      13.7.1. Block
      13.7.2. Powder
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Serpentinite Rocks Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Serpentinite Rocks Market: Market Share Analysis
   14.2. Serpentinite Rocks Distributors and Customers
   14.3. Serpentinite Rocks Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Southland Serpentine Ltd Overview Financials Developments Strategic Outlook
      14.4.2. Dundas Extended Minerals Overview Financials Developments Strategic Outlook
      14.4.3. Jiacheng Kuangye Overview Financials Developments Strategic Outlook
      14.4.4. Honfoo Mining Overview Financials Developments Strategic Outlook
      14.4.5. Baoxin Mining Overview Financials Developments Strategic Outlook
      14.4.6. ... Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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