The global pyrite market was valued at approximately USD 4.79 billion in 2023 and is projected to reach USD 5.07 billion by 2032. This represents a compound annual growth rate (CAGR) of 0.80% during the forecast period. The market’s steady growth is driven by several factors, including its ongoing industrial applications, increasing demand for sulfur-based chemicals, and its role in the production of sulfuric acid. These trends indicate that while growth may not be explosive, there will be consistent demand for pyrite over the coming years.
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