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Global Labradorite Market

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Description

The global labradorite market was valued at USD 755.7 million by 2021, at a CAGR of 6.4% during the forecast period. Labradorite is widely utilized in glass and ceramic manufacturing, with the glass industry being the major end-user. The special effects of labradorite, such as resistance to heat, chemical inertness, and low melting point, have contributed to the growth of the labradorite market.

What is Labradorite?

Labradorite is a yellow or different color to gold Feldspar material discovered in many locations. It has a refractive index of 1.52 to 1.56 and a hardness of 6-6.5. Labradorite is an excellent material to cut, facet, and place in jewelry, and it is a Feldspar. Labradorite is not a unique mineral. It has been around a long time. Depending on the type, color, and size, natural labradorite material can be quite rare and valuable to pretty common and not especially valuable.

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